Review Of Strategic Tips on Forex Signals In Forex Forum

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Stalion said:
This Friday, we are seeing GBPUSD MOVING DOWN YET AGAIN, AFTER A

BULLISH RUN UP...wHAT IS TO

BE? tO BE OR NOT BE?

Sell stop on GBPUSD @ 1.5310
1st target @ 1.5295
2nd target @ 1.5265
3rd target @ 1.5235
stop loss @ 1.5350

Hello folks,
Before the opening of the forex markets today, we saw price making an

intermediate high of 1.5324, 26 pips less than our stop loss loss at

1.5350. Monday morning saw GBPUSD dropping a bearish gap beyond our 2nd

target of 1.5265, tearing down even beyond our 3rd price target of

1.5235.
That made us approximately 75 pips~ $75 minilot,$750 standard lot on

the cable.

ggg10.gif


The head and shoulder pattern was used to generate 75 pips on

Friday/Monday..

So how do we project those head and shoulder price

targets for profitable trading?

Study Chapter 1 of the Review of Strategic Tips on Milking the Forex Markets book:
 
well said

Pinnacle of Profitability: The "Being" State of Mind
A successful trader almost instinctively knows how to make a trade using the best method available for the current market trend and/or condition. This ability does not occur overnight. It is only accomplished through perseverance, knowledge of various trading methods and learning which one works given a particular market condition.

No trade is ever a "sure thing". However, a profitable synchronicity almost naturally occurs when you are faced with a potential trade, have a feel for the current market trends and condition



How about

-- do you think collection personal statistics is useful using the stmt
what KPI , we have to do the simple formula on the statistic

-- how about datamining -- say one column means SUCCESS -- how to define this success formula -- of course, not +ve mean success and vice versa [not that simple]

-----



Hello Stallion, congrats on your new book in town.i spent the entire weekend going through it and was impressed by the info you gave out.now I want to see if your chart projection prices can be inculcated on a robot or expert advisor. I’ve a masters in software programming and very keen on transposing your strategy in a mechanical way for trading.


Hi xx3 and Kissinger, It seems your questions borders on using the discretionary system of the chart projection strategy for robots/expert advisors/mechanical trading. You see, the essence of a discretionary system is the ART of it, not really the science. In art, I mean, getting to see patterns where 80% of traders are not able or trained to see and take advantage of. It is not like 1+1=2, kind of mechanical trading.. it is more of a 1+1=11 kind of esoteric trading.

You have to get to the point of mastery in which you can wake up in the morning, go straight to your charts, and know, to a considerable extent, where and how far price is going. Like a fighter jet pilot weaving his plane in evasive action or a ship captain navigating his vessel adroitly after ‘’smelling’’ the trends of the ocean currents.

Statistics and data mining is okay when you are trying to track your performance, but mastery of your market intuition for optimal trading performance is much more essential.


Sell stop on gbpusd @ 1.5160
1st target @ 1.5118
2nd target @ 1.5075
Stop loss @ 1.5210
 
Stalion said:
Sell stop on gbpusd @ 1.5160
1st target @ 1.5118
2nd target @ 1.5075
Stop loss @ 1.5210

Helloo folks,first of all, I want to express my condolences to the

family of our late President of Nigeria..Alhaji Umaru Yaradua. Also to

the family of Dagrin and also to those that have lost their loved ones.

May God give them the strength and fortitude to bear their loss, and

move on to greater heights..


Having said that,GBPUSD is having a roll on the bearish dust for a

couple of days now. More than 85 pips,$85 minilot,$850 standard lot was

made on that call. And it is still declining....

gtfbn10.gif
 
‘’Metaphorically, this present global economic recession is like a World Economic War in humanitarian proportions! And it supposed to last for three and half years. YES, 31/2 YEARS, If individuals and nations apply these principles of Arise and Shine!
The season of recovery begins today as each implement these eternal principles that never fails.

Prophetically, this global economic crisis is also God’s way of saying that world leaders, including President Obama, should take the right direction and eschew pride and greed in charting policies that affect the common man. Greece, Italy, Spain were Old Empires in history. Alexander the Great, Julius Caesar and Ferdinand II founded these Empires, that are presently in the front burner of the global economic recession’’.

Arise and Shine Above the Recession with God the Sun [Kindle Edition] by Aghogho Puegeren

www.amazon.co.uk/dp/B006E2LYTE
 
Your assuming one has faith in mankind who has already been judged.

ES


Quote from forexgreenland:

‘’Metaphorically, this present global economic recession is like a World Economic War in humanitarian proportions! And it supposed to last for three and half years. YES, 31/2 YEARS, If individuals and nations apply these principles of Arise and Shine!
The season of recovery begins today as each implement these eternal principles that never fails.

Prophetically, this global economic crisis is also God’s way of saying that world leaders, including President Obama, should take the right direction and eschew pride and greed in charting policies that affect the common man. Greece, Italy, Spain were Old Empires in history. Alexander the Great, Julius Caesar and Ferdinand II founded these Empires, that are presently in the front burner of the global economic recession’’.

Arise and Shine Above the Recession with God the Sun [Kindle Edition] by Aghogho Puegeren

www.amazon.co.uk/dp/B006E2LYTE
 
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