Thread: GBP and JPY Pairs H1 2013

Greetings all,

This is an interesting turn, it went a bit further then I thought it would go, and it's still going.... But yet, I'm not concerned! At this point, I am not in a trade, but I would like to be long right about now however, this may dip a little further. So who's to say? I'm basically on summer break at this point so I have no calls and no predictions to make, but I so see the same old same old fear zone approaching. That number again is 1.3500

Do "I" think it will go there? NO!!!

But could it?

YES!!!

Admittedly so, "I" am way behind the news, so I have no feel aside from what I see on the charts. And I really don't care how any of you play your game! Just so long as you play it well, I do honestly care about that!

My reason for posting is simple, it can be summed up in a single word. That word is,
complacency:


Like it or not, below is what you've got to work with and/or within.






What I'm about to speak of also depicts by definition alone, if nothing else, the word complacency. I had a rough experience this Mother's day weekend. Not in the sense of being bad, but rather in the sense of being typical and boring when I was trying to do something different and surprising. Do the same old thing endlessly over time, it simply becomes old, quickly! UNLESS you become complacent....

Now some of you might be thinking, what the hell does any of this have to do with FOREX?

Well, it breaks down like this:

An older wiser mother knows best! But is that actually true?
Why yes, of-coarse it is...

But what if you mix up mothers routine? What then?

The woman doesn't like it, that's what!

Routine, complacency, the willingness to comply or otherwise follow the routine. Think about this long and hard before you even notion to reply to my post! And don't reply if you have nothing to say, please!

I'm only telling you so as to explain in laymens terms all about the human psyche, as if I even have a clue myself. But I do have experience which I am sharing here and now. Do please take it for what it is. Time, it's all time and always about time! Me personally, I had a great Mothers day weekend with my mother in-law, but regardless of birth mother or by marriage, however, the same end result in either case. Age equals complacency!

I'm getting up there in years myself and I may be a radical by definition, but I am always human first and logical second. I do not react by means of repetition, nor complacency! My family does! But also, my family has always said to me, "never get old,,,,, you won't like it!"

The whole point is, live, be happy, smile all the time if you can, but give up your routine please, for the sake of your own self if nothing else! If you think this this market is going to fall, then fine, play it that way! But don't fall into a routine about it, just because a season has changed does not mean that the FOREX has..... Note your own complacency/routine, adjust or complain as you like, but always be aware! The FOREX is driven by us, so who are we? Spell it out if you must, but have fun always!

Happy Trading,
t3t4

Up? Down? Chart?

i am thinking wave 5 of 5 will be dropping very soon targets coming

Originally Posted by oztrader

I was away and off the internet last week. Can someone please tell me what set off the massive dump from 1.4930 to 1.4310 on Thursday and Friday?

Thanks.

Rory

reasons seemed to include:
unease over the Portugese bailout.
less hawkish language from Trichet.
Better than expected US job figures.
No euro increase in interest rate.
possibility looming of reduction in US QE.

Originally Posted by surreyhills

reasons seemed to include:
unease over the Portugese bailout.
less hawkish language from Trichet.
Better than expected US job figures.
No euro increase in interest rate.
possibility looming of reduction in US QE.

Thanks Surrey. Most helpful of you.

Regards,

Rory

I'll start the game

Attachment 86986

Higher high broken! hihihi!

For me this no body is have idea is strange words to see my Paul. Price is behave like good girl in range which is show in pictures I make and Captester is say all ready about expect be for wave v/5. Eska expect is same. Target with reason will be 1.4250 for it is this be 261.8% wave i/ii of 5. Profit will be take more early this so allow is be made for truncate or fail to this wave. Is I make some pips in last night trade while it is I sleep and will it be 100 pips in this one, so is no need for expect to try get every pip but is need to trade with good reasons and technical expects.

Profit target it is reach. 100 pips profit for position which low than top 2 and they will be in remain while it is I watch see where this lady will be stop and then Eska will be make new decides

Originally Posted by Eska

For me this no body is have idea is strange words to see my Paul. Price is behave like good girl in range which is show in pictures I make and Captester is say all ready about expect be for wave v/5. Eska expect is same. Target with reason will be 1.4250 for it is this be 261.8% wave i/ii of 5. Profit will be take more early this so allow is be made for truncate or fail to this wave. Is I make some pips in last night trade while it is I sleep and will it be 100 pips in this one, so is no need for expect to try get every pip but is need to trade with good reasons and technical expects.

Yes! Yes! Good advice! Me lost 40 pips in two long trades. And 1 short trade closed for 30+ pips. One short still holding from 4370... Lock in +20 pips, some wise man said must move SL +1 ... hihi! 4250? My saliva's dripping... Time to fiddle with my SL....

Originally Posted by Paul Chin

Yes! Yes! Good advice! Me lost 40 pips in two long trades. And 1 short trade closed for 30+ pips. One short still holding from 4370... Lock in +20 pips, some wise man said must move SL +1 ... hihi! 4250? My saliva's dripping... Time to fiddle with my SL....

Eska is see move is have potential and mood is short but all so it is that those be looking for opportunity will be seek entry for go long. Bulls is still have this expect that dip is buy opportunity and it is this I agree but maybe is my expect will be less and more is important that short positions profit and so it is I will be have safe guards with big London Bear skin hats

Originally Posted by Paul Chin

Yes! Yes! Good advice! Me lost 40 pips in two long trades. And 1 short trade closed for 30+ pips. One short still holding from 4370... Lock in +20 pips, some wise man said must move SL +1 ... hihi! 4250? My saliva's dripping... Time to fiddle with my SL....

1.4380 is appear wave 1 low and above this will be safe place for stop if it is there is in profit. This can not be with this 1.4370 so maybe is be take little risk with 1 pip in secure and be see a little patience for break of friday low

Originally Posted by Eska

Eska is see move is have potential and mood is short but all so it is that those be looking for opportunity will be seek entry for go long. Bulls is still have this expect that dip is buy opportunity and it is this I agree but maybe is my expect will be less and more is important that short positions profit and so it is I will be have safe guards with big London Bear skin hats

My saliva just reached the ground. SL secured 30 pips.... wanna have bear palm for breakfast? (remembered someone said...)

Originally Posted by Paul Chin

My saliva just reached the ground. SL secured 30 pips.... wanna have bear palm for breakfast? (remembered someone said...)

Maybe is better we is call you same name childrens grand father is call baby - slobber chops (smile)