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  #371 (permalink)  
Old 05-28-2008, 05:43 AM
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Now up $21k in demo, I bought more after the last post, when I buy I place tp orders +24, 34, 54, 74 and so on, they are getting filled as I type.
Don't worry, I wouldn't be able to borrow money if I wanted to. I have one shot at doing this, I've got about $1200 left in trading money and no chance of topping it up, ever. So I won't be trading this way live for at least another couple of months. In the meantime I will try to grow the $1200 to $2500, probably not by trading the G-Y, but something more 'stable' lol ... then I can take $1k of it and open a micro account, keep $1500 in a mini to trade, and then see if I can have the micro repeat the performance of my demo account. I am getting the rhythm of it now, the only place I disagree is holding on "for months" if necessary .. if it breaks critical support, I would bail and start again. Also to start each cycle I will wait until it looks like it is at the beginning of a cycle .. i.e. not at the top but at or near a bottom. Will probably do this using wave counts, or just watch Jepatfx's charts in the G-Y thread.

Quote:
Whatever happens happens for the best. I can tell you I was doubting that as I ran out of gas on interstate 95 this morning. I was thinking how could this be best? doubting it! I quickly corrected my mind and told it,
"unfortunately you are too ignorant too understand why this is the best
BUT IT IS!" End of subject.
"In ALL things, give thanks

Quote:
My purpose here isn't so much to show everyone how easily I trade GJ and how easily they can it is more along the lines of enlightening you, so you are able to step outside your self and be a witness to your thoughts even,
there is a great amount of permanent inner peace that goes with disciplined thinking. But enlightened disciplined thoughts is what we need to have
for the greatest happiness and fullfillment in life.

I am not a life coach or a spritual counselor but finally for the first time in life I finally got it all together and am in a position to help others. SO if I can help someone progress in thier life and make leaps and bounds in thier spiritual or personal development, by teaching them how I trade GJ for a remarkable profit then so be it.
You are certainly doing that! I agree 100% with these thoughts, however if one does not have financial resources to fall back on, then .. it is sort of like the Arabic proverb, "trust in God, but tie your camel"
Ya gotta be practical as well ... which is why I have to put my own modifications on your otherwise perfect system

Next time you find yourself in a situation like that on the I-95 .. try shifting to a different timeline .. one in which you are not out of gas.
There are many on this path.
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  #372 (permalink)  
Old 05-28-2008, 05:44 AM
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Default I didnt sell my loss leader I bought at 206.43

It is my marker. I Could have sold it for a 7 pip profit and got flat.
But I will hold that one for the rest of the year and would be ok with it...or forever for that matter.

I am not going to comment on 206.50, but last time it was resistance,
And it is sure to retrace down some from here. I will start buying back around 205.99.

206.50 again the line in the sand, that the more time we bounce off of the harder will will blow through it.
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  #373 (permalink)  
Old 05-28-2008, 05:48 AM
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OK, I am out .. +22k is fine for my first cycle through in demo. I have to go back and count how many positions I had ... probably over 50 but not all at one time.

This was truly amazing. I will wait for a retracement and do it all again. I don't think my swap interest was calculated correctly in demo .. so probably earned more than a measly 22k
When you hold from Friday to Tuesday, should you get 4 days worth of interest?
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  #374 (permalink)  
Old 05-28-2008, 06:28 AM
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She's making a serious attempt to cross that 206.50 barrier right now .. all jpy pairs are heading higher, but I do not think this one will last. Patience, grasshoppers.
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  #375 (permalink)  
Old 05-28-2008, 06:32 AM
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Scratch previous post .. she is like a rocket ship now
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  #376 (permalink)  
Old 05-28-2008, 07:19 AM
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Default Well needless to say they have sold my last one out

EWven pipsquito should be looking good this morning! and anyone else with some old longs.

See and I was thinking we would sail down some after 206.50 but wow,
we rocketed upo to 207.30

This is where it getys tricky. Are we going to continue up to test 210 before week end or will we run back down into 206.50 then 205.50, then 204.50.

I am going to go drink some coffee and see what all the ignorants (people in the news & people doing the news) are doing this morning. I find the news to be patheitc, and ignorantly negative. Why spend time focusing on things you dont want and finding joy in others misfortune?

The whole news industry is pathetic, Only a fool rejoices in anothers misforune. And only an ignorant person would be concerned with who died where and what tornado took out who. Who cares? I care if it is someone I know, but I cannot help everyone.

Sharon Stone said that china had it coming due to its karmic correction,
too funny, but probaly true, now those silly CHinese have banned her movies in CHina LOL, I hope she doesn't go under from that ban!
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  #377 (permalink)  
Old 05-28-2008, 07:24 AM
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Default Nope

The date on your trades is 2 days in advance!
Wednesdays trades count as friday EFFECTIVE DATE, and wednesdays trades are the ones that collected quadroiouple interest.

See a fool would have got VERY short at 206.50 and would have been stopped out into 207.00
This si that DOllar rebound against the yen that I have been talking about coming. UJ is due for some correction which will send GJ back way up into 220, 230 and on. We are eventually heading back to 251!


Quote:
Originally Posted by 4xStar View Post
OK, I am out .. +22k is fine for my first cycle through in demo. I have to go back and count how many positions I had ... probably over 50 but not all at one time.

This was truly amazing. I will wait for a retracement and do it all again. I don't think my swap interest was calculated correctly in demo .. so probably earned more than a measly 22k
When you hold from Friday to Tuesday, should you get 4 days worth of interest?
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  #378 (permalink)  
Old 05-28-2008, 08:02 AM
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Exclamation I got one at 206.85

I am looking at the 15M trying to determine if that is a pennant forming which would suggest we are going to continue up.

We sunk 15 pips under that double bottom on the 30M chart I talked about last night.

I haven't spent much time analyzing this morning. I am looking for anopther almost 100 pips slide before I get another long.

But we may just continue up here is why I "had" to get one at 206.85

The 60 min sure looks like it will be retracing down some for sure, but you never know, depending on how that 15M chart pans out we could be in for another "surprise" move up if you want to call it that.

But I think I have been saying all week get ready for another big leg up. Now we sure have that.
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  #379 (permalink)  
Old 05-28-2008, 08:08 AM
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Default Charts RSI stochastics and ST GJ price movements.

From the looks of that 6 min chart, I think we could be rocking up to 208
before 2PM today.

AT 830 we have: USD Core Durable Goods Orders m/m expected is -0.4% previous is 0.9%. This could send us down for a short step down.
I am not too sure how this one is going to come out and I hold this report not that high but many others do and it could rocket GJ price for at least an hour this morning.

If it comes out LESS than expected and especially if it comes out HIGHER than previous we will shoot up fast.
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  #380 (permalink)  
Old 05-28-2008, 08:11 AM
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Exclamation There is that 15M pennant and here we go back up up up

Needless to say I sold my last long and am flat again.

It looks like 206.50 is holding as support for now.
I look to get another one at that price then next one down should be at least 50 pips.

BE careful as this is where you want to AVOID getting TMTH!
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