sorry marketsurfer, i gonna focus on the task at hand and get back to you about my incoherent ramblings later. I will have a challenge for your coherent mind vs. my incoherent mind . Anyway, USD/CAD pullback mildly from 133.5 and establishing more solid resistance from 1.3360 area. I highly suspect that this is the area for our pullback in December as i still doubt that it can reach 134.00, But for best precision and timing, i will still closely observe til Monday. For those who already sell 1/4 volume from 1.3270-1.3300 - leave it there, next 1/4 is from 133.4-133.6. From now til Monday, i 'll make the final Call with remaining 1/2 volume with final target number.
Very good chance USDCAD will pull back further to 1.3240 tonite that you guy can take profit for first 2 waves of 1/4 (1.3270-1.33) and 1/4 volume (1.3340-1.3360) here as USDCAD at 1.3268 now and wait for a possible upward swing again til Monday and that is it, we are ready for bigger swing down toward September (disregard December typo on previous post) ..
USDCAD just pulled all the way back to 1.3190 , this is looking in sync with plan to swing down bigger into September. Considering today is a drill for first phase of pullback and beyond 1.3130 that i will give percent assessment for each target upon giving out official call til Monday. Head up: Our best entry at this point is where i highly suspect early from 1.3340-60, but i think it will begin pushing from 1.3320 or earlier that hopefully today good US GDP will help push it back up to begin 2nd wave accumulation for the bigger push down
USD/CAD rebound up for 2nd wave of accumulation on Selling from 1.3290-1.3330 as USD/CAD is at 1.3294 now.. Make the selling now with 1/2 volume .. I'll detail the call on Monday night..
yesterday drop to 1.313 a bit early than i wanted before September resulted in not very smooth down tick potential for September, so now we just have to swing by wave , not just Sell and Hold to deeper target. Anyhow, we did manage to capture 2 good waves before september, especially the last one, and will continue to do so on any good entry position on Selling USD/CAD.
hahaha the same to me.. it could be put much concisely..What I certainly understood is that the guy is trying to explain about his Nut trade system there.
Except, as a previous poster pointed out, there's no such thing as a nut trade. If the OP was really able to pick out the best possible trade in any situation, he'd be rich already and wouldn't need (or even want) to vend anything.
Hi guy, thanks for all feedback. Been busy the past few weeks, At this point, i am more concern of those who are losing/struggling somehow find my post to be helpful in term of winning, then that's be it for me. Anyway, get ready for a Medium term short sell on GBPJPY. I am putting it now as i am still aware of posting here for some of you, so just keep it on your radar. Call 4. SELL GBPJPY (now 187) Entry: 188-188.5-189 Target : 186 (100%) , then 185-184.5 (also 100% into December) Timeframe: from now to early December Note: GBPJPY had a drop last week to 184 area from 187.7, but now it may want to set up another cleaner drop if it can get to 189 area. You are set to win at least 200-300 pip if it can get to 188-189 area this week or next. If you are in need for big win, get ready for this one, you can begin accumulate small position from now (187) to 188-189, with biggest position from 189 area.
Do you watch news, macroeconomic releases to get a clue about general market trends? Or use solely technical analysis?
@doggyfx, solely technical analysis as it is the market's eye of knowing where to move. The trick is to see the absolute in mountain of relative logic, noises and inconsistency , but i can tell you that this absolute logic is only applicable in certain timeframe with the right kind of technical analysis in combination with the other right kind of technical analysis. It is not easy, but possible to reach this absolute logic, and i set out to show that it is possible and will do it 10 out of 10 as the goal of this thread, though the most convincing would be 100 out of 100 - i am up for it to if needed and have a feel to it. In term of time, it took me about 15 years of dedicated decoding and trial and errors and tons of money, but in the end , i say it is all worth it having the ability to read market with crystal clear clarity and feel at ease upon executing knowing i gonna win that trade . Let me share with u a bit of action on GBPJPY last week drop that i did tell ahead 100% it will drop from 187.95 to 185 to a couple of people (not this thread). I accumulate about 15 lots up to 187.6 level - thinking it will run this week that i plan to hit about 30-50 lot - set short term target intraday at 187.25 last Thursday- milking it short term before the plan big run this week, UK interest news came out last Thursday, when it reach highest about 187.7 then push it down like crazy to 185-184 area , where i took short term profit at 187.25. Even though i catch a few more small trade in between ( i really don't like to chase ), but you can say that i miss a big chunk that i estimate to suppose to be 60k in profit at least. The current run up is to set up another drop as i have called - it got to 187.5 so far yesterday and now drop back to 186.65 at the point of this writing . I do wish that it get to better entries of 188-189 to get a decent win for everybody. Discipline, Patience and Well balancing entry is another must to maintain winning consistency based on absolute logic, but that is another thread for another day. For now i will focus 1 at a time on the next remaining 6 calls. P.S in a pull call (retracement) i can tell you Target 100% with good entry area (like GBPJPY now) , in a push call (trending) i can tell you 100% entry, but not exact target . I prefer pull call as i feel it is a better idea knowing the target ahead of time though a push can make significant movement.