Hye Bro...

sorry.. sudenly i fell asleep ... just wake up and how happy i am to see where geppy right now... .. made a huge profit from last 2 day short...

btw.. we will see some bounce for maonday.. (good to scalp) and then will continue the downtrend to reach my FE100.. like i said b4, it may took sometime to reach FE161.8 (144-143) level.. depend how market will move next week..

btw.. my strategies now..
1.Hold my 151.4 short
2. Add short if we see opprtunity in 5M and 15M chart for 30-40 pip
3. Go long if we see opprtunity in 5M and 15M chart for 30-40 pip

if we want to scalp, 5M or event 15M chart is the best.. u can try our frend method using EMA 26 and EMA 10 oe else like mine, using my Golden EMA's which is EMA 3 and EMA 30

i will update for nect week figure

enjoy weekend guys..

Hey guys, it seems like the yen pairs are getting very bearish on the weekly and montly charts. And looking at usd/cad and usd/chf, bullish candle formation was also formed on friday's close. Looking at EUR/GBP, it seems bearish. NZD/USD is also looking very bearish. If we put them together it would mean that yen would strengthen, EUR will weaken, GBP will strengthen, NZD will weaken and dollar will strengthen in the coming weeks? Agree?

hey guys can u recommend some decent forex broker based in england. since US is changing the margin rules etc. i wanna open additional accounts in UK. i already have accounts with FXCM, IBFX and CMS but none in UK. I heard abt Alpari and HY. anyone else knws any other brokers and reviews. plz help me out.

Hey Watashi,

On a quick note note, I understand the meaning 'watashi' - are you in Japan?

Not sure I agree with you however on the geppy.. I'm staying short through next week with Geppy, and shorting USD/JPY until end of December.. I have a hunch we will see USD/JPY at 'about' 87.. Just a hunch mind..

__________________
Money without brains is always dangerous....

aha.. nope im not, im in singapore and happen to know some simple jap.. it should be watashiwa actually but nvm

Yeah i thought it was very bearish on those pairs, but the candlestick patterns formed on the montly charts is hard to ignore.. shall wait and see for more confirmation.. Below are some of my charts, feel free to give your opinions, im here to learn

Cheers


USD/JPY H1




USD/JPY H4



USD/JPY Monthly




GBP/JPY H1



GBP/JPY Monthly

Hye bro...

Last time my account also base in FXCM US. after US implement their rule on trading method (last JULY i think).. then i requested from FXCM to transfer my account to FXCM UK..within a week my account active in UK based.

i think u can ask FXCM to transfer or account to UK.. i'm just open a new account with fxcm UK.. maybe u can also try easy-forex. but still my prefered broker is fxcm..

what ur position for next week?

WatashilQ..

i agrre with mike.. most of my indicator now show bearish still in favor.. again, dn't try to against trend.. it will make us suffer or crazy especiaaly with this pair..

btw.. where is abishek.. long time not see his post?

well i love fxcm too. but fxcm micro doesnt have online withdrawals. like they always send by check. i mean i loooove the service and commitment. but see now they moved margin up. tats happening in UK FXCM too. its now $4.65 or something for UK.

im not closing my FXCM account. im looking to add more accounts. thats why i thought may b i shud try to see other alternatives also. my biggest complaint or uncomfortablity is

1) No automated programing or robots , where i can program it and just relax. well they hve tat system selector but its not like metatrader stuff.

2) Withdrawal is very long. now i hve to wait for check for whole week or two. the other accounts i hve with ibfx and forex will be depositing money by wire to my account in 2-3 days. while check doesnt shows up till weekend or next week :-(

but honestly my only reason to add extra account is the new margin. i totally understand the problem and the good will to save users frm losing all money. but hey its forex. u dnt belong here in first place if u cant practice self discipline and risk. thats the whole reason people leave stocks and come to forex. to enjoy the huge margins and make moolah. lol.

apart frm that, i loove fxcm too. theyre sure the best.

I'm new to this forum, not new to Forex. And i really appreciate FXCM too, since 2 years exessive trading i will say, there are "perhaps" (dont think so) better FX Broker outthere (i've tested 2 handfull of them (Dukascopy, CMS, IG Markets (1 of the best), IB, GCI (the worst), MB Trading (1 of the best, but awful platform), Forex One (new, commisson like MBT), ATC Brokers (better Charts, much better quotes - my favorite after FXCM), etc. As i read "higher margins" on all accounts i was warned. But i think this is not really a great problem and its not a FXCM problem. I think many other providers will be changing the margins too, or what did you think? And your very right withdrawals are painful, but often i use withdrawal with my credit card, it cost 5 $ and needs only 1 day to. best wishes.

dood u cant withdraw via credit card on a micro account (atleast if its in US).

as for margins, thats why i said recommend a UK broker. they dnt hve the new margins there.

Yeah youre right, sorry - i trade a mini account in UK. best wishes

Trade plan for today

I closed all my lots on friday. for this week i feel a move below 146.70 and infact 146.10 will indicate BEARISH momentum straight to 142

my plan

SHORT at 145.90
Target 143.70
Stops 147.90


or

if u wanna take risk

SHORT at 146.70
Target 143.70 or even 142.20
STOP 147.90

Hey mike look like i was wrong about the GBP .. ahaha.. i realized something weird, the candle showned on alpari is different from fxcm.. fxcm close market 1 hour before alpari and open 1 hour earlier

HOLY COW!

145.82 to 147.09 on one 5 min bar. I'm assuming this is the gap closing? Should reach 147.6 or so, then back down?

bro if you refer to other yen crosses you can actually see a that this is a fifth wave down..so expect a correction soon.. thats what i think

Morning guys...

again.. what a surprise.. it reach again my FE 100 (146.40) and going further to 145.70 level before a strong bounce as expected.. currently just let the bounce play around and will see how market move when Japan open..

Btw my R3 for G/j today stand at 145.10.. my P at 149.07 and my S3 at153.05.. be careful bcoz now it's already at my R2.. so we might see a strong bounce before it's continue the downtrend..

i will update soon

P - 149.07
R1-150.09, R2-151.53, R3-153.05
S1-147.55, s2-146.62, s3-145.10

Please remind that this figure for uptrend move... for downtrend, as ususal okay..