My Forex Prediction using Advanced GET - page 37

 
kenneth37:
At GMT 01:05 Sold 1 lot EURJPY at 131.72; at time of writing, showing a gain of 23 pips. Kenneth

At GMT 04:29 closed my position; made a gain of 31 pips or US$342.77;

When it rebounces, I shall short again. My trading philosophy: whatever I can make, I make it first. Money in the pocket is always better than money in someone else pocket.

Kenneth

 
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Follow Up on GBPJPY and GBPUSD

Although I will love to short these 2 currency pairs, upon further study of their trading range, I am turning CAUTIOUS as their trading range is only around 50 pips - not wide enough to play around with.

One can easily be stopped out even if I put the SL at 20 pips.

Need to be careful and monitor closely.

Kenneth

 

I am going for a BUY on GBPJPY for a quick profit, as the price is moving up steadily.

Kenneth

 
kenneth37:
I am going for a BUY on GBPJPY for a quick profit, as the price is moving up steadily. Kenneth

Disappointed that I could make a small gain of 17 pips, though I expected to make 30 pips. When it hit a high of 151.72, it refused to moved then reversed. That is the time to close your trades.

Kenneth

 
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Hi,

Good info.

Do you make these EW using software or by your counting skill?

Thanks.

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