Forex Refuge Discussion

ForexRefuge posted:
    Good Morning friends


The Euro still shows a bullish trend on the daily chart as shown by stochastic(modified) 100,10,10 and bullish heiken ashi but the intraday chart swing configuration shows a rally between res/supp 13121/13027 so we may see another rally down to supp level 13027 if res 13127 holds but the long term move is bullish to res level 13200/13528 and these points are my aim.


The Usd/chf is showing a progressive bearish move to supp level 09950 as shown by stochastic 100,10,10


The Ucad is rather indecisive at the moment


so as a swing trader,i will remain focused on the long term destinations on euro and ej and also trade confirmed pull backs while leaving the main trend position open.

Happy pipping

So as we can see,the euro has tested 13200 but i urge traders buying euro to hands off as soon as res level 13330 is tested then wait for a pull back.


The usd/chf as i wrote is only few pips away from 09950 so lets still remain optimistic.But traders should wait for a pull back as soon as supp level 09946 is tested.

Happy pipping

Hello Friends


So lets have a quick view of the swing config on euro/ej and ucad


Euro still making a bullish steam and i suggest we may have to trail our stop while we see how far it goes but i see a res point at 13333 and we may have to wait for a pulback which may be a long one before swinging the bulls once more and this time around,res level 13660 is the ultimate res level.

UCAD may also make a sharp bullish correction as it has tested a strong supp level 10215 so you may wait to buy


EJ may test res level 11399 before making a bearish correction.


Swing trading is a very patient style of trading

It gives you peace of mind and you don't have to baby sit your positions.

Have a pipsfull day ahead

It would be nice if you update the account.

Yes i will but at the end of every week so that i will erase every notion of selling signals.

Thanks to you.

Good Morning friends


Lets have the swing configurations on EURO/EJ and Ecad


Euro still has an unfinished business with the bulls on the daily chart still gunning for res level 13671 but the intraday charts shows a progressive bearish correction to retest supp level 13335 so traders are advised to sell euro to this point then wait for a breach of supp level 13310,should this happen,then we may see a further glide down to test supp level 13246 before the daily bullish move continues.


EJ is also bullish on the daily chart with a progressive move to test res level 11577 but the intraday chart also shows a bearish corrective move to test supp level 11255 before a possible continuation.


ECAD: This pair is sdefinitely bullish as shown on the daily chart so traders should place a buy stop at 12884 to take profit at 14020 but the intraday chart also shows a bearish swing to make a retest of supp level 13720 but all these three pairs are bullish on the long term and as a swing trader using the daily trend,i will remain focused on the bulls side but also trade the intraday bearish swings.

Happy pipping

  

Good Morning friend,

As i wrote yesterday, The euro though still bullish on the daily chart gunning for res level 13640 made a bearish correction to test supp level 13335 and also breached supp level 13310.

We should expect a possible bearish continuation today to supp level 13261 but the bullish trend on the daily chart still strong. As a long term swing trader, i will focus on the bulls and also trade the bears with a tight stop.


The EJ as i also wrote is still gunning for res level 11577 and that is my focus.


The ECad still gearing up for a bullish break out move to res level 14020 but we may also see a bearish move if supp level 13703 is tested with a supp destination point of 13655


Happy Pipping

I'm very curious to see your results after 1 week trading.

ForexRefuge posted:
    Yes i will but at the end of every week so that i will erase every notion of selling signals.

Thanks to you.

This forum is a marketplace and selling or advertising some service is not prohibited. What I don't like about your approach is that you don't want to admit that the purpose of your appearance here is to advertise your signal services. There's nothing wrong about it but it has to be done correctly - unhide your broker, put some real money(not $62) and update your account frequently. I will understand if you hide you open trades because your open trades could be easily duplicated. You say you just want to discuss your strategy here but as you may see no one is discussing it except you.

forexma posted:
    

ForexRefuge posted:
    Yes i will but at the end of every week so that i will erase every notion of selling signals.

Thanks to you.

This forum is a marketplace and selling or advertising some service is not prohibited. What I don't like about your approach is that you don't want to admit that the purpose of your appearance here is to advertise your signal services. There's nothing wrong about it but it has to be done correctly - unhide your broker, put some real money(not $62) and update your account frequently. I will understand if you hide you open trades because your open trades could be easily duplicated. You say you just want to discuss your strategy here but as you may see no one is discussing it except you.

I don't want to sound like an evil dude here, but I agree with SOLAR . SOLAR is only trying to protect investors and they may or may not need it from you. Usually they do....

Your results look pretty good, but easy to do on such a small account. I hope you maintain your success and maybe you can teach it to a few people! haha.. :)

:)

Or maybe if we look deeper in his site we'll discover that maybe it's all about IB commissions.

Citation form his site:

ForexRefuge posted:
So here we go:

START OFF CAPITAL 50USD =5000CENTS.

ACCOUNT TYPE: THIS SHOULD BE A CENT ACCOUNT(in his site that's hyper link to Litef0rex with his IB link) AND NOT MICRO ACCOUNT WHERE THE LEAST LOT SIZE (0.01)GIVES YOU 10CENTS PER PIP MOVEMENT BUT A SPECIAL TYPE OF ACCOUNT FOR BEGINNERS OR PEOPLE WITH LOW BUDGET THAT ALLOWS YOU TO TRADE VERY SMALL CAPITAL AND THE LEAST LOT SIZE HERE IS (0.1)1CENT PER PIP SO IF YOU SEE ME USING 0.1 IN MY CASE STUDY BELOW IN THE TABLES, PLEASE NOTE THAT I AM TALKING ABOUT 1CENT PER PIP.

Unfortunately, not many forex brokers offer this type of account but www.litef0rex.0rg(in his site that's hyper link to Litef0rex with his IB link) does. Even if it is not your preferred broker, it's advisable to start with them or risk losing your money to a bigger account type. Just open a cent account (litef0rex account) with them.

I THINK PEOPLE HAVE TO BE WARNED IF A HYPERLINK IS LEADING TO AN IB LINK. MANY NEWBIES DON'T KNOW WHAT IB IS AND NO MATTER WHAT, IF THEY TRADE THAT FOREX ACCOUNT UNDER Mr. ForexRefuge's IB THEY WILL KEEP DONATING(sometimes not knowing that).

So where are you man, we're still waiting for the account update.