My Recommendation

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Pro-trader

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hii every one , i will post my private recommendation , you just watch it for one week and try it on demo then when you will be comfortable for it you can join it on your real account , i make my recommendation in time and price , just buy and sell @ 00:00 GMT , or in price : : and this is my first one to you
1256806652.jpg


sell Gbp-usd @ 1:00 GMT or 4.00 at ikon royal platform

happy trading for all

http://forexmarketanalysisandrecommendations.blogspot.com/
 
I think the other problem is that short term market context and fundamental information is changing more rapidly than it ever used to, which, as a result, is diminishing the impact that any sort of TA has in relation to other 'tools'. Just the way it is these days.
 
Sell GBP / USD @ 1.6470
Stop Loss @ 1.6530
Target @ 1.6370
Click to expand...

Risk=60 pips
Reward=100pips
That is not even 1:2 Risk/reward..
To be precise your R/R on this trade is 1/1.6666666
Good luck whit such R/R ratio!
 
Recommendation was (n) :: From here i see that the market will GO Down
So ::


Sell Cable @ 1.6520
Stop loss @ 1.6620
Target@ 1.6420

R/R
:idea::idea:
 
Last edited by a moderator:
Paul71 said:
I hope it goes ok for you, but just to add, your target would have been my intial entry. I would have hit the pullback on the 03.11 at around 1700hrs was it?
Click to expand...

my long was 1 pm yesterday...still in the trade....
 
montmorencyt2w said:
Nice trade Black Swan.
Click to expand...

Swingin...well maybe not a total purist swinging strat (on 1-2 hour looking for/at half hour indicators/indications; for excuses not to enter:D). Went short at 9pm...gonna stay with it to see what decision already made yesterday is revelead re Q.E. Wouldn't normally do it but today is a one off, were GBP is concerned...
 
Black Swan said:
Swingin...well maybe not a total purist swinging strat (on 1-2 hour looking for/at half hour indicators/indications; for excuses not to enter:D). Went short at 9pm...gonna stay with it to see what decision already made yesterday is revelead re Q.E. Wouldn't normally do it but today is a one off, were GBP is concerned...
Click to expand...

and now approaching breaking my own rules in order to stay in the trade due to this fooking Q.E. bollox...:rolleyes:
 
Well at least you are aware of the important risk event of the day. I absolutely guarantee there are millions of traders out there happily sitting there thinking their undisciplined technical analysis on far too short term a chart is really relevant in this situation, risking being totally blown out of the water without giving themselves the slightest hope of an edge doing what they're doing.

Such a waste of money...
 
GammaJammer said:
Well at least you are aware of the important risk event of the day. I absolutely guarantee there are millions of traders out there happily sitting there thinking their undisciplined technical analysis on far too short term a chart is really relevant in this situation, risking being totally blown out of the water without giving themselves the slightest hope of an edge doing what they're doing.

Such a waste of money...
Click to expand...

Trade has stayed within my rules... just...moved stop/locked in 25 pips profit...suspect we'll get massive (either way) twin spikes at noon.
 
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