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Live Account Recovered $4200 From $1700 to $5900 (By watchme)

Gain : +0.16%
Drawdown 69.27%
Pips: -2116.0
Trades 1447
Won:
Lost:
Type: Real
Leverage: 1:400
Trading: Manual

Live Account Recovered $4200 From $1700 to $5900 Discussion

watchme
watchme
Oct 19, 2016 at 09:16
6,568 Views
203 Replies
watchme
watchme
Member Since Mar 01, 2013   561 posts
Jan 12, 2017 at 11:58
Well, abit of regret on the EU trade, should have left some lots running... I see some resistance on the monthly timeframe but, this could just be the lowest point of EU, where it will test but only head higher after this...
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watchme
watchme
Member Since Mar 01, 2013   561 posts
Jan 12, 2017 at 11:59
The right target that I should have aimed for is 1.066, but it's alright we'll get another opportunity.
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watchme
watchme
Member Since Mar 01, 2013   561 posts
Jan 12, 2017 at 12:00
I'll analyze the other U crosses now...
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watchme
watchme
Member Since Mar 01, 2013   561 posts
Jan 12, 2017 at 12:06
On the monthly timeframe GU is similar with EU, with very low points. In comparison with AU and NU, which are the stronger 2.

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watchme
watchme
Member Since Mar 01, 2013   561 posts
Jan 12, 2017 at 12:12
All U-crosses are basically going upwards, there will be retracement but I will expect U-crosses to continue upwards..
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watchme
watchme
Member Since Mar 01, 2013   561 posts
Jan 12, 2017 at 12:28
UJ is at the moment heading south, price is going lower, but I am not sure if that is the long term trend..

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watchme
watchme
Member Since Mar 01, 2013   561 posts
Jan 25, 2017 at 12:28
Wow.. what a long time i was away.. busy with work as I am only doing this part time.
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watchme
watchme
Member Since Mar 01, 2013   561 posts
Jan 25, 2017 at 12:29
Anyway, after the swearing in of President Trump, I feel that USDJPY will go down, most probably in the long term...
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watchme
watchme
Member Since Mar 01, 2013   561 posts
Jan 25, 2017 at 12:30
The period where he was president-elect, I think that was a fake move of the USDJPY price to shoot up temporarily...
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watchme
watchme
Member Since Mar 01, 2013   561 posts
Jan 25, 2017 at 12:30
As usual, my analysis is only based on technicals and chart.
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watchme
watchme
Member Since Mar 01, 2013   561 posts
Jan 25, 2017 at 12:31
I BUY GU today as my technical analysis said so... but based on fundamental.. GBP pair is quite a difficult currency to decipher...
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watchme
watchme
Member Since Mar 01, 2013   561 posts
Jan 25, 2017 at 12:32
Usually, GJ will follow UJ and sometimes GU will follow UJ.. that is what makes them tricky...
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watchme
watchme
Member Since Mar 01, 2013   561 posts
Jan 25, 2017 at 12:32
We never know if GU will follow GJ or the rest of the USD crosses.
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watchme
watchme
Member Since Mar 01, 2013   561 posts
Jan 25, 2017 at 12:40
Fundamentals... GU is at the all time low.. so it should head back up...
GJ is also at a lower price at the monthly chart. on the weekly, i can see strong support.
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watchme
watchme
Member Since Mar 01, 2013   561 posts
Jan 25, 2017 at 12:50
Hopefully, my analysis pans out. :)
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watchme
watchme
Member Since Mar 01, 2013   561 posts
Jan 26, 2017 at 23:05
Nope, I'm wrong again.
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watchme
watchme
Member Since Mar 01, 2013   561 posts
Jan 26, 2017 at 23:06
Suddenly, EU took a shift and came down... let's analyze for today's trade if any.
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watchme
watchme
Member Since Mar 01, 2013   561 posts
Jan 26, 2017 at 23:06
EU price came back down after suffering a strong resistance.
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watchme
watchme
Member Since Mar 01, 2013   561 posts
Jan 26, 2017 at 23:07
Looks like EU weekly is strong.
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watchme
watchme
Member Since Mar 01, 2013   561 posts
Jan 26, 2017 at 23:08
GU still looks strong, most probably EG is the pair to trade... which would be EG sell
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.