Shorting usdjpy now. 150 pips target

[yoosica]

Thank me later

 

[Shiny Things]

Where's your stop?

 

[yoosica]

120.50 stop reversal...

 

[Futureskid]

Your short is based on what?

 

[lcpteck]

Anybody free to explain in layman terms?

 

[Knight_Rider]

Anybody free to explain in layman terms?

61.8% fibo retracment from 147.71 to 74.56 on the month chart.

Harmonics bearish white swan is also out.

 

[Knight_Rider]

But but but ..............

 

[lolita_5]

usdjpy is too mainstream

try usdrub for more excitement

 

[Knight_Rider]

mainstream .........he probably hit stoploss by now.

 

[CookieMonsta88]

the trend is ur friend, listen to ur friend

 

[snakey256]

good luck to him. haha

 

[Knight_Rider]

NFP best to long 150 pips. Few minutes job. He wants to take retracemrnt nah not there yet lah.

 

[Shiny Things]

120.50 stop reversal...

...aaaand you've been stopped out. Thanks for playing.

(I'm being a bit facetious here, but this is part of why I think FX is wildly inappropriate for retail trading. Our threadstarter had literally no clue what USDJPY was going to do - or, worse, he thought he did but he was wrong.

The average retail FX trader is some bloke sitting at home in his PJs with his DodgyBrothersForex.com account. He doesn't have any advantage over the rest of the market - if anything, he's at a huge disadvantage to bank traders who have EBS/Reuters Dealing/CME access and information flows and a huge retail branch network delivering them flow. But new retail traders don't know that - they get seduced by the marketing and they think they can make zillions.)

 

[klavier]

...aaaand you've been stopped out. Thanks for playing.

fx too stressful.... always better to trade with the trend rather than scalp..

 

[yoosica]

...aaaand you've been stopped out. Thanks for playing.

(I'm being a bit facetious here, but this is part of why I think FX is wildly inappropriate for retail trading. Our threadstarter had literally no clue what USDJPY was going to do - or, worse, he thought he did but he was wrong.

The average retail FX trader is some bloke sitting at home in his PJs with his DodgyBrothersForex.com account. He doesn't have any advantage over the rest of the market - if anything, he's at a huge disadvantage to bank traders who have EBS/Reuters Dealing/CME access and information flows and a huge retail branch network delivering them flow. But new retail traders don't know that - they get seduced by the marketing and they think they can make zillions.)

Erm I am up 50 pips? Stop reversal la.
I short at 120, reversed to long at 120.50...

Irrelevant wall of text... Even if I did lose, I don't see the need for the bashing...

 

[FP_IFA]

Erm I am up 50 pips? Stop reversal la.
I short at 120, reversed to long at 120.50...

Irrelevant wall of text... Even if I did lose, I don't see the need for the bashing...

Then don't post irresponsible stuffs. You actually encouraging people to follow your trade in the first post without mentioning a stop loss or any other info.

 

[Knight_Rider]

stop reversal......? Buy stop or sell stop. Up or down he just say accordingly. WTF is this? Like I said he only belong to the talk cock sing song section.

 

[Futureskid]

Erm I am up 50 pips? Stop reversal la.
I short at 120, reversed to long at 120.50...

Irrelevant wall of text... Even if I did lose, I don't see the need for the bashing...

What's next step?!!! U didn't elaborate on your next step when u turned! I followed your trades short at 119.7 and cut turn long at 120.50, now back to 109 .7, should i cut and turn short?!!

U told us to say thank you to you, how to say thank you to you when my life savings are now at stake!

 

[Izumi8]

What's next step?!!! U didn't elaborate on your next step when u turned! I followed your trades short at 119.7 and cut turn long at 120.50, now back to 109 .7, should i cut and turn short?!!

U told us to say thank you to you, how to say thank you to you when my life savings are now at stake!

Really? You really follow his trades? Or is this a joke? haha.