EA, GA, GCAD, GJ, GN - Analysis and trade ideas Forex ...
EA, GA, GCAD, GJ, GN - Analysis and trade ideas Forex ...
The infamous cock and balls pattern on GJ : Forex
Naked Chart Trading EJ, GJ, GU, EU Forex Factory
Forex Resources Mr GJ Pip Walking
GJ Lovers : Forex
Gj — TradingView
GJ Buys 05/10/2020 -- Update for FX:GBPJPY by rhf_fx ...
Don’t know what pairs to trade?
When looking for pairs, we should look for how much volume the pair has and how it’s been moving in the past. My opinion: -Major pairs: (XXXUSD, USDJPY) are the most volatile which is good but bad cause it can create impulsive changes in direction. I don’t trade any majors except for XAUUSD (gold) must be experienced. - My favorites: (EUR, GBP, AUD, JPY, NZD ) these pairs are not as volatile as majors but gets the job done in pips! - My favorite pairs that I only trade : (EA, EJ, EN, GA, GJ, GN) as you can see I trade my pairs based of EUR and GBP. Beautiful moves. Just wanted to put what I’ve been thinking about here. What pairs do you guys trade and why? Curious!!!! Thank you for reading 💪🏼 #FluffyForex <—- that’s me ! Edit: I trade with 40% fundamentals 10% price action 50% technicals
Monday - Definitely a day ruled by the bulls. Referencing my last post, there was not a whole lot that my trade entries (chosen before market) allowed me to do. A bit past the upper side of my chosen entry zone you will see a double top, and on the M5, it makes a pretty clean M pattern. However, because it was so extended, I simply didn't want to jump in and "Guess the Top". Those with better analysis than I may have seen the turning point as the perfect short, as it lined up with a high made on Nov 7 at about 10:45 just perfectly. Personally, I think it is difficult to decipher demand from noise on the M15, but today was a learning experience, as I was surprised to see so many levels blown out of the water by London's early moves. Lessons learned. Anyhow, not much changed here in the larger time frames. Daily chart and H4 are creating a very nice volatility tunnel. A true tease, the guppy is not giving us much here. What really bothers me? On the daily chart, it looks as though the nearest upward spike peaked on Oct. 21. Look left and what do you see? Not a whole lot. Nothing in the way of major supply to stop the impulse we saw. Much like banks build their order book in the JPY session (depending on who you study), this appears to be the same thing only on a grander scale. Is the lack of supply/selling pressure enough to see this to 147.xxx in the coming month, or would the banks rather average down to better supply/price before making that same move...
POSITIONING OF POTENTIAL ENTRIES:
This pair is in a lot of noise, and as such, like yesterday, I am truly thrown off about whether to choose a long or short bias. Rather, I will simply determine two points at which I feel I have both allowed myself to allow the market to make its move as well as allowed for the over extension necessary for good R:R. To the short side, I like an entry of around 140.58. The red "1", "2", and "3" represent any unfilled orders in the near term. the 3rd level is the most opportune in my humble opinion. Beyond that, there is significant room to run, so I will be looking for good signs of reversal before making my entry. To the long side, I am more cloudy. At the very least, the US/AUD low provides some simply stop hunt opportunities, but this is not as far out as I'd prefer. the M15 Proximal demand zone shows a fairly text book rally-base-rally. However, being on the M15, I am not putting much behind it other than a zone to watch should the long stop hunt move get blown by. The 3rd level of demand listed with the Blue "3", provides a location with unfilled stops that stand the most to lose given the last trading day. https://preview.redd.it/2bwwnzutj6y31.png?width=1915&format=png&auto=webp&s=dd16179dd0516b773abc6b099f572e03d8b4c2c8 All that said, I will wait and see which direction the market surges in London open (if at all), and then prep myself for the fade. Having looked through u/thefrozen_one trades, I am going to be looking for the following to assist my entry:
Sharp rejection at my chosen entries - I am still learning how to place these, so I will also be looking left for structure to provide confluence to my analysis in the moment.
M/W patterns on the M15 or M5
Tweezers/long wicks - again, looking for confluence here and not blindly trading wicks.
I appreciate those who entertain my rambling. At this stage, I am not anywhere near predicting the next move. However, this has been my first opportunity to consistently keep myself honest in analyzing and tracking a forex pair, free of indicator madness. I am excited to see my rather dry and ambiguous observances mature into confident bias with which I attack daily trades. Green pips to all!
Hey guys, I've played with Forex in that past and I've had the urge to get back into it. I'd still consider myself a beginner because I never got to the point where I stopped making beginner mistakes. I'm super glad I found this thread because in the past I never had a group to chat with or bounce ideas off of. So my first question as a returning beginner, is what pair would you recommend I start with? I used to play around a lot with commodity pairs and found myself going to GJ a lot. But I want to do it right this time around and really take my time to get to know things by starting off with one pair. Looking forward to being part of the thread :)
There was quite a bit of stop-hunting toward the end of Asian session and throughout the London session. Looking at yesterdays post for planning out 11.12 entries, It looks like our lower target entry was hit. Again, I did not trade it, primarily due to the time difference and also due to this being my learning time. I am simply analyzing, planning, and assessing before I put money on the table. I am not a small TF trader, so I want to learn before jumping in. That said, we got the first two stop levels hit on the upside, and only the first stop level hit on the downside (US/AUD session lows). This still leaves both the rather fresh supply level @ 140.58 and the two most recent demand levels from Sunday/Monday untouched and primed to generate movement. While hoping has no place in trading, I would like to see the Asian session turn upwards to sideways prior to London so that Asian lows/stop levels line up with those demand zones nicely. GBP/JPY I am curious what this is worth, but as we took out two stop levels on top, and only one below, I wonder if the banks will switch the story for this upcoming session. That is to say, rather than to barrel into that supply level looming over the price action, it would better average their costs to first eat up some stops on the long end of things. Another way to look at it... with two stops hit hard on the short side, without hitting major supply, how much more selling pressure can there be in this auction? Indeed, I feel Monday was some big money showing force, and this Tuesday was the banks making their money and balancing the books for another move. Current thoughts on this pair, barring the unforseen, for this week. Price action is carrying us north from Monday to Tuesday (higher lows). Wednesday, given ADR, could easily dip for some stops before heading long. This type of move would prime us for a midweek reversal of sorts late Wednesday (US/AUD session)or possibly Thursday. Assuming I can wake, I will update at the end of Asia and provide some insight as to where my entries would be.
Just exploring tradingview.com because I have seen a few people here using it. But honestly some of the charts posted how do people trade using that ? https://www.tradingview.com/v/YSqYUpGJ/ Who do you follow that has good clear charting ? Preferably PA but anything thats clear would be good. Do we have a /forex group ? if not maybe we should have one ?
As I have already had a very good day, I decided when GJ broke resistance to use the 15m timeframe for confirmation, the reason being I had a lot of profits to use as leverage. When support formed on the 15m, I took a buy entry as the new 15m candle broke the high of the previous candle, with stops below that candle. As price went up into 10 pips profit, I secured my entry and moved stops to ... GJ has been bearish for a while but from structure in the H1 , it looks like bulls are gaining the upper hand .H4 are pretty close to converging which signals price will shoot up. If price crosses H4 trendline it is a nice buy til the 136.500 area GJ- bearish sentiment ,will look for breaking the very strong S than short as well. Attached Image (click to enlarge) GN-bearish as well will look to short it . Attached Image (click to enlarge) have green week to all with fully success Cheers AL. Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP! Post # 6; Quote; Apr 3, 2016 5:48pm Apr 3, 2016 5:48pm teatime Joined Mar ... 398 votes, 40 comments. 115k members in the Forex community. Welcome to the /r/Forex Trading Community! Here you can converse about trading ideas … Press J to jump to the feed. Press question mark to learn the rest of the keyboard shortcuts. Log in sign up. User account menu. 398. The infamous cock and balls pattern on GJ. Analysis/Discussion. Close. 398. Posted by 1 month ago. The infamous ... GJ Lovers. Close • Posted by 1 hour ... ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears.com, a trading forum run by professional traders. FXGears.com hosts and moderates our chatroom, and has developed such tools as the chart bot you'll find available in chat. 134k. Traders. 463. Online. Created Mar 24, 2008. Join. help Reddit ... Japan bank holiday, yet the EU, GJ reached the querter mark for more upward movement. In my experience the market holds the morning direction 80% of the time, however, when the market reverses during the rest 20% of the time, we get scared and change our way of thinking. The key is stick to our own thoughts with discipline. In the long run, we will be winners. Attached Image (click to enlarge ... Forex Factory Forex Currencies Real Time Quotes GBP/JPY MQL5 Economic Calendar GBP/JPY Live chart Follow mr. GJ PIP walking. 815 Brazos St., Ste. 500 Austin, TX 78701. [email protected] FULL RISK DISCLOSURE: Trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost ...
Mr. GJ Forex Trading Strategy - Scalping the Impulse 02 ...
Mr. GJ Exclusive Forex Trading Training: Forex Basics Join the Movement: https://bit.ly/2R0jQMC Mr GJ Merchandise: http://bit.ly/MrGJ_Lifestyle Scalping Strategy Training by Mr. GJ Overview Website: https://www.mrgjpipwalking.com/ Facebook: http://bit.ly/MrGJ_Facebook Telegram: https://t.me/MRG.242 Forex Master Trader, Mr GJ, Scalping Strategy Website: https://www.mrgjpipwalking.com/ Facebook: http://bit.ly/MrGJ_Facebook Telegram: https://t.me/MRG.242 Mr. GJ Forex Scalping Strategy Overview 01-27-2019 - Duration: 51:24. David Hoyte 1,539 views. 51:24. Bitcoin Trading for Beginners (A Guide in Plain English) - Duration: 18:48. ... In this video, I break down how I trade the impulse moves in the Forex market. Website: https://www.mrgjpipwalking.com/ Facebook: http://bit.ly/MrGJ_Facebook... Mr. GJ Forex Trading Strategy - Scalping the Impulse 02-10-2019 - Duration: 49:26. David Hoyte 3,660 views. 49:26. Ichiimoku Kinko Hyo Cloud Training Dr Kathy K 1920x1040 - Duration: 14:16. ... Mr. GJ's Intro to Forex Trading Training. Website: www.mrgjpipwalking.com Facebook: http://bit.ly/MrGJ_Facebook Telegram: https://t.me/MRG.242