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Guest forexgreenland

Review Of Strategic Tips on Forex Signals In Forex Forum

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Guest forexgreenland

Helloo Folks,

We thank God for bringing us to the begining of another brand new week and we give Him the

 

glory in ALL things..

 

This is Stallion,veteran forex trader and mentor. I would be reviewing strategic tips on how the major currency pairs can be milked. Though I specialize in gbpusd, other pairs would also be taken into consideration during our analysis.

 

It has been theorized that your state of mind will dictate your trading methods. Experts in the field of trading psychology have pinpointed three main states of mind and how each has a direct effect on a trader's profitability.

 

These three mind states are "having", "doing" and "being". Psychologists have noted that those new to trading start with a "having" state of mind. As they gain more experience, they move on to a "doing" state of mind. The pinnacle of profitability occurs when a trader moves into the last and final "being" frame of mind.

 

 

 

The "Having" Mind Set

A novice trader may focus primarily on profits. In this "having" state of mind, they are out of sync with the markets. They are blinded by their obsession to obtain the all mighty dollar and what it can afford them. Trading is not viewed as a job that must be mastered, but as a vehicle to escape from a world of mediocrity.

 

Many traders are in the business to make money, as well as they should be. However, if they are blinded by greed, they tend to take uncalculated risks. Looking at the potential payoff without carefully calculating market trends and other factors is a recipe for disaster.

 

It is impossible to graduate to a high performance level when you concentrate on "having" instead of how the game is won. If you trade in a "having" frame of mind, you may become frustrated when profits are not immediately forthcoming. With frustration comes a lack of focus. Without the ability to focus, you cannot gain knowledge from your experience on the trading field.

 

Other negative consequences of this mindset are feelings of frustration and anger. Frustration stemming from a lack of expected profits and anger directed at oneself or the market in general. These adverse emotions will only cause further decline in profitability. Without witnessing gains from one's efforts, an individual may not give their best and may be tempted to "throw in the towel".

 

 

 

The "Doing" State of Mind

If an individual continues on to trade another day, they will eventually move from a "having" to a "doing" state of mind. Learning that there is more to trading than the amassing of money, a trader will turn their focus on learning new methods of trading and what does and doesn't work.

 

This state of mind is still primarily centered on how to turn a profit. Although a "doing" mind state is essential to becoming a seasoned adept trader, the main focus is still short of the mark. It is crucial to know what works and what doesn't. However, a skilled trader will tell you there is more to the business then choosing one method and using it arbitrarily to make trades across the board.

 

Becoming a trader of means requires not only a winning attitude, but also a fine honing of trading skills. To develop these skills, you must make trades using various methods under a wide spectrum of market conditions. Only then can you develop the needed intuition to master the art of trading.

 

 

 

Pinnacle of Profitability: The "Being" State of Mind

A successful trader almost instinctively knows how to make a trade using the best method available for the current market trend and/or condition. This ability does not occur overnight. It is only accomplished through perseverance, knowledge of various trading methods and learning which one works given a particular market condition.

 

No trade is ever a "sure thing". However, a profitable synchronicity almost naturally occurs when you are faced with a potential trade, have a feel for the current market trends and conditions, and utilize the method best suited for a potential payoff. This "being" state of mind ultimately lends itself to long-term success in the high stakes of trading.

 

[20:06:58 07/11/08] Stalion : We put a SELL STOP on GBPUSD@ 1.5660...1st target @

 

1.5600...sl@ 1.5715

 

 

gu6th310.gif

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Guest forexgreenland
?????????????????????????????(penat nk baca)

 

Me too,faiz...I dont really understand...do you mean penance?

 

Thank you for sharing useful information.We want you to come

 

up with useful information so that will be useful to everyone.

 

 

No probs, mon ami....we all try to do our best in all things, especially in trading..

 

Thanks stallon

 

No probs,paul..

 

thnx for info brother are you in stock market ?

 

Thanks for your mail,brother...I specialize in the forex markets..

 

 

The strategy that I have hoped to use is to have

 

four of five holdings going at all times, each with the goal of achieving a 10% gain within

 

a 5-10 day period. The strategy has been an utter failure, and I think the reason is this.

 

Every long I have attempted has lost money. Every Ultrashort I have tried has been

 

successful (I'm not allowed to short-sell). I believe that it is folly for somebody at my

 

skill level to attempt longs in an overall bear market. I no longer even consider a long

 

trade, especially with the prospect of an impending market crash.

 

There are few Ultrashorts to pick from and I am sort of without a good strategy for this

 

particular time.

 

Hi art, from your comments, I take it you are talking about the stock markets (not being

 

allowed to short-sell)..Is the uptick rule still in force at the equity markets?

But mind you, Warren Buffet,the No 1 stock investor is said to be buying up stocks recently

 

at rock bottom prices...Maybe its part of the contrarian strategy he's utilizing...Start

 

buying when prices are low and fear pervading the markets, while selling when prices are

 

high and greed driving the markets..thats just my 2 cents though..

 

 

 

 

Helloo fellow traders,

The 60% buy window on the GBPUSD made an inversion to the Way of the Dragon..sorry I

 

ommitted in writing out the buy order entry which is shown on the charts..As at Monday

 

midnite, price opened the session with a bullish gap and kicked in the buy order entry @

 

1.5760...Before we knew it,approximately 120 pips,$120 minilot,$1200 standard lot was made

 

at the high of 1.5885..The blue broken line shows the buy stop entry...

 

invert10.gif

 

 

After the pips were made, our stop loss was then adjusted to the buy entry level, where stop

 

loss = 1.5760 = buy entry level...

 

This is what we see on the next chart below as the blue broken line now converted to a red

 

stop loss line..Very good risk management principle..

 

invert11.gif

 

Another 120 pips was also made based on the bullish gap of the inverted dragon ...

 

invert12.gif

 

 

 

Lets just say ...today was quite profitable...

 

 

 

 

[07:03:13 10/11/08] Stalion : Helloo everyone

 

[07:04:25 10/11/08] @ Stalion : we put a sell stop on gbpusd @ 1.5830...1st target @

 

1.5788..2nd target @ 1.5735..3rd target @ 1.5710...40 pips stop loss away

 

[07:34:14 10/11/08] djcarlos : 3 target hit.... Razz

 

[07:40:30 10/11/08] djcarlos : thanks for the sms, I ll Sleep again ...here is 03:39.....

 

but with 50 pips in the bag..... thanks

 

[08:00:00 10/11/08] Stalion : hi dj

 

[09:59:45 10/11/08] klho83 : Hi Max did u take the trade?

 

[10:00:27 10/11/08] Maximus : which one...

 

[10:01:11 10/11/08] klho83 : GU gbpusd @ 1.5830...1st target @ 1.5788..2nd target @

 

1.5735..3rd target @ 1.5710...40 pips stop loss away

 

[10:01:58 10/11/08] Maximus : no dit not take it...

 

[10:39:11 10/11/08] Maximus : not bad miss the first trade...

 

[11:05:58 10/11/08] romandaw : u trading anything?

 

[11:07:03 10/11/08] djcarlos : amazing fall on GU

 

[11:42:36 10/11/08] romandaw : hi there, you watching euro dollar?

 

[11:48:28 10/11/08] djcarlos : it having a strong uptrend.... but I prefer wait

 

[11:52:36 10/11/08] djcarlos : because I was read that GU it will have a pivot on 1.5800

 

 

invert13.gif

 

 

so for today, wednesday, we put a sell stop gu @ 1.5164....1st target @ 1.5124...2nd target

 

at 1.5095 pip sl away..

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Guest forexgreenland
Thnks man for sharing to all these great info. I am very interested to

 

get into forex.

 

Hi Dreams, its possible to actualize ur forex dreams by the right dedication, proper

 

training, patience,hard work and positive mental attitude..

 

this is very cool! I'm learning to much . . . alright!

 

cool,Justin....me too...

 

Helloo folks,

Today's price action on the gbpusd was really something to write home about..The

 

unemployment rate report that was released from the UK was unfavourable to the GBP.The

 

PREVIOUS figures was at 5.7%, while the economists'expectation was 5.8% which was equal to

 

the ACTUAL release..The higher the unemployment rate,the lower the value of pounds sterling

 

due to selling on the negative news from UK.

Although it's generally viewed as a lagging indicator, the number of unemployed people is an

 

important signal of overall economic health because consumer spending is highly correlated

 

with labor conditions;

More than 375 pips were made this wednesday from GBPUSD drop...$375 minilot..$3750 standard

 

lot..

 

[22:08:01 11/11/08] Maximus : Hi Stalion...

 

[22:08:29 11/11/08] Maximus : any order that are still valid...

 

[22:11:43 11/11/08] Stalion : sell stop on gu at 15400...1st target at 15360...2nd target at

 

15305...3rd target at 15285...40 pip sl

 

[22:11:56 11/11/08] djcarlos : 1st target of sell stop??

 

[22:16:15 11/11/08] Stalion : no probs...

 

[22:16:54 11/11/08] Stalion : max, you can enter a sell stop at 15370

 

[22:17:05 11/11/08] Maximus : sp now the sl is that the entry if you get the first target,

 

am I right or not...

 

[22:17:21 11/11/08] Maximus : ok Stalion...

 

[22:18:02 11/11/08] Maximus : same target....

 

[22:18:28 11/11/08] Stalion : yes

 

[00:48:59 12/11/08] djcarlos : I read that 1.5270 is the pivot to GU

 

[09:07:27 12/11/08] Maximus : Hi any trades...

 

[09:15:57 12/11/08] Stalion : Helloo everyone

 

[09:21:47 12/11/08] Stalion : not yet, max....we wait for a while....as you can see, the

 

market is moving back and forth for now...wouldnt do to jump in where there's no sign of a

 

breakout yet..

 

[09:22:01 12/11/08] Maximus : yes no prob...

 

[09:24:00 12/11/08] Stalion : one of the hardest things in trading is knowing when NOT to

 

trade...easier said than done..

 

[09:25:45 12/11/08] Maximus : yes it is so true...

 

[09:41:09 12/11/08] Stalion : market's slow

 

[09:42:10 12/11/08] Maximus : in my hiumble opinion I think that the market will break down

 

again with the GBPUSD...

 

[10:07:27 12/11/08] Stalion : so, entering at 15400 or 15370 is okay

 

[10:08:09 12/11/08] Stalion : remember to take half profits when +20 pips away

 

[10:09:20 12/11/08] djcarlos : i dont made the entry

 

[10:11:06 12/11/08] djcarlos : can i enter now... at 1.5360???

 

[10:14:35 12/11/08] Stalion : Hi dj

 

[10:15:01 12/11/08] Stalion : welcome to the party...

 

[10:15:31 12/11/08] djcarlos : hi, i entered at 1.5350..... i come late

 

[10:15:45 12/11/08] Stalion : though a bit late,a sell stop at 1.5345 would be more

 

prudent...

 

[10:17:05 12/11/08] Stalion : going for our 2nd target of 15305

 

alllgo10.gif

 

[10:17:29 12/11/08] Maximus : I took 20 pips and i will reenter....will see...

 

[10:17:39 12/11/08] djcarlos : ok, its down trend??

 

[10:20:10 12/11/08] Stalion : we cant tell for now...though looking at the hourly, 4hr,daily

 

and weekly charts shows that gbpusd have been on a prevailing downtrend..

 

[10:21:15 12/11/08] Stalion : price might still very well retrace back up....only time will

 

tell..our job is to position ourselves to take advantage of price movements when we can

 

[10:22:56 12/11/08] romandaw : morning

 

[10:23:30 12/11/08] romandaw : nb news about to come out

 

[10:24:24 12/11/08] Maximus : yes Stalion the gbpusd will retrace...

 

[10:37:50 12/11/08] romandaw : i was trading the same move without even knowing it.

 

[10:37:58 12/11/08] romandaw : the gu short

 

[10:38:49 12/11/08] Stalion : helloo there roman

 

[12:09:47 12/11/08] Maximus : Hi Stalion...

 

[12:10:22 12/11/08] Maximus : thx for the pips....

 

[12:11:54 12/11/08] Stalion : my ohh myy..!price is moving ALL D WAY DOWN!100 plus pips

 

ahead of 2nd target

 

[12:13:06 12/11/08] Stalion :hope ur on a trailing stop, max?

 

[12:16:06 12/11/08] Maximus : Already out of the trade took 50 pips and get out...

 

[12:16:43 12/11/08] Stalion : lol!

 

[12:16:57 12/11/08] Stalion : wise move....

 

[12:17:50 12/11/08] Maximus : Thx Stalion for the call...

 

[12:22:17 12/11/08] Stalion : no probs.....the uptrend wasnt sustainable eventually

 

[16:22:47 12/11/08] Stalion : so for today, wednesday, we put a sell stop gu @ 1.5164....1st

 

target @ 1.5124...2nd target at 1.5095 pip sl away..

 

[16:37:06 12/11/08] enolase : hi everyone

 

[16:37:24 12/11/08] enolase : i can't believe i forgot that today was the BoE inflation

 

report

 

[16:37:47 12/11/08] enolase : a news item that has delivered in xcess of 300pips downward

 

movement on the GU pair in the last four months

 

[16:38:08 12/11/08] enolase : anyway, i think the dive will still continue

 

[17:38:29 12/11/08] Stalion : cool...

 

[10:09:20] Stalion : so we put a buy stop on gu at 1.4970...1st target at 1 5025..2nd target

 

at 1.5080...sl 50 pips away...

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Guest forexgreenland
Thanx for the response, Forexgreenland. Looks like

 

I'm in the wrong forum.

 

 

 

I googled "uptick rule" and every search result was in a language that I don't understand.

 

They don't allow short-selling with IRA money. They also won't allow day-trading. Ah,

 

according to Investopedia, the uptick rule was eliminated June 6, 2007.

 

There are lots of equities just lying on the floor at bargain prices, just bubbling

 

sideways. Good for some profits sometime in the future, but not doing anything right now. It

 

looks like Forex is always active. (I know nothing about this market. Looks tricky).

 

I liked your zen-oriented description of the trader's frame-of-mind in your opening post in

 

this thread. I'm still in the first stage with some forays into the second. It is an

 

interesting journey.

 

 

Hi art,

I feel your pain...the languages coming out from those search engines on uptick rule were

 

kind of like finance hieroglyphics...since it had been eliminated since 2007, no worries..

yes, forex is always active with lots of volatility, but it only looks tricky when you are

 

not that familiar with the market.. Warren Buffet was right when he was quoted as saying

 

''Risk comes from not knowing what you are doing''..but you can still learn the ropes if you

 

are willing and committed..

Well, you dont really have to be a Zen Master, or a Yogi master, or Shaolin Master, or even

 

a Shambala Master, before getting ''in the flow''.. Just let yourself go..

''A journey of a Thousand Miles Begins With A Single Step..

 

Oil prices follow Wall Street on wild ride - Yahoo! News

 

 

As an American who has most of their savings in sterling, I've got one

 

word to sum up what I feel right now.

 

F*%K!!

 

Me too, barbs...I feel ya...

Ohh, by the way, lemme wish you Americans a Happy Thanksgiving Day in advance..Did I hear

 

someone say Turkey Day?

 

[10:09:20] Stalion : so we put a buy stop on gu at 1.4970...1st

 

target at 1 5025..2nd target at 1.5080...sl 50 pips away...

 

13th_n10.gif

 

 

What is happening? usd was sold accross the board (except agains yen)

 

by more than 200 pips in one hour or so. Can any body explain?

 

No probs, mon ami..The pound was battered after the Bank of England said on Wednesday the British economy would shrink sharply next year, bolstering expectations that further sharp cuts in interest rates were in the pipeline.Lower interests rates means lower value of the currency due to

 

investors selling the low yield currency to buy higher yielding currencies.. That would

 

bring about a downward sell pressure on the gbpusd.

 

I need to purchase 1000 GBP to pay a debt in the UK, and have

 

been trying to keep an eye on the exchange rate (as I'll have to buy the 1000 GBP with USDs

 

- I'm a US citizen and am paid in USDs :D )

 

Can you experts offer me suggestions around when I should buy the GBPs? I must have them by

 

end-of-month December 2008, but am not sure how to get a good idea (forecasting and such) as

 

to when between now and 31st Dec 2008 would be the best time to exchange USDs for GBPs.

 

Any help that you can offer if VERY much appreciated!! :)

 

Thanks!!

Mark

 

 

 

Hi markdaniel,any relations with mark anthony??LOL..

You've just boiled it down to a simple question..What is meaning of forex?

It is the buying and selling of international currencies..I think you might need a cup of

 

coffee for this..

For example, 1 GBPUSD is equivalent to 1.4700 dollars..1000 GBP is equivalent to 1470

 

dollars USD..that is, at the international rate of 1.4700...You are using 1470 dollars to

 

buy 1000 pounds sterling..

But wait...The current fundamentals suggest Britain is in the throes of recession, while the

 

BOE is about to further slash interest rates in the nearest future..Low interest rates from

 

bad economic recessionary data spewing forth from the UK is likely to pull the T-strings of

 

cable down south..wow..

 

13th_n11.gif

 

Technical analysis wise, price have fallen way beyond the 60% BUY WINDOW on the monthly

 

charts,with 4 long range bearish candles going ballistic underground.. Both MACD divergences

 

foretells bearish movement of price on the GBPUSD..A Category Four Trendline has already

 

taken place..

so come December, price getting to our projected target point of 1.3090, , you BUY 1000GBP

 

for $1,309 dollars..since the GBP would have likely lost more value in the weeks to come..Does that mean we might be seeing a dollar rally before the end of the year 2008? Of course..just got ma fingers crossed..

I hope you now understand..

Remember, nothing is cast in stone on forex...and in life...Also do your own research before

 

taking any recommendations...Feel free to discuss it here..

 

 

 

 

 

sorry guys, that I forgot to alert you due to internet blackout in my zone..more than 300

 

pips,$300 minilot,$3000 standard lot was made on the sell stop of gbpusd wednesday

 

afternoon.., which offsetted our previous double buy stop loss of 50 pips each..making back

 

more than 3 times our previous loss...Well,what can I say..

 

screen10.gif

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Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. 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    • Back in the early 2000s, Netflix mailed DVDs to subscribers.   It wasn’t sexy—but it was smart. No late fees. No driving to Blockbuster.   People subscribed because they were lazy. Investors bought the stock because they realized everyone else is lazy too.   Those who saw the future in that red envelope? They could’ve caught a 10,000%+ move.   Another story…   Back in the mid-2000s, Amazon launched Prime.   It wasn’t flashy—but it was fast.   Free two-day shipping. No minimums. No hassle.   People subscribed because they were impatient. Investors bought the stock because they realized everyone hates waiting.   Those who saw the future in that speedy little yellow button? They could’ve caught another 10,000%+ move.   Finally…   Back in 2011, Bitcoin was trading under $10.   It wasn’t regulated—but it worked.   No bank. No middleman. Just wallet to wallet.   People used it to send money. Investors bought it because they saw the potential.   Those who saw something glimmering in that strange orange coin? They could’ve caught a 100,000%+ move.   The people who made those calls weren’t fortune tellers. They just noticed something simple before others did.   A better way. A quiet shift. A small edge. An asymmetric bet.   The red envelope fixed late fees. The yellow button fixed waiting. The orange coin gave billions a choice.   Of course, these types of gains are rare. And they happen only once in a blue moon. That’s exactly why it’s important to notice when the conditions start to look familiar.   Not after the move. Not once it's on CNBC. But in the quiet build-up— before the surface breaks.   Enter the Blue Button Please read more here: https://altucherconfidential.com/posts/netflix-amazon-bitcoin-blue  Profits from free accurate cryptos signals: https://www.predictmag.com/ 
    • What These Attacks Look Like There are several ways you could get hacked. And the threats compound by the day.   Here’s a quick rundown:   Phishing: Fake emails from your “bank.” Click the link, give your password—game over.   Ransomware: Malware that locks your files and demands crypto. Pay up, or it’s gone.   DDoS: Overwhelm a website with traffic until it crashes. Like 10,000 bots blocking the door. Often used by nations.   Man-in-the-Middle: Hackers intercept your messages on public WiFi and read or change them.   Social Engineering: Hackers pose as IT or drop infected USB drives labeled “Payroll.”   You don’t need to be “important” to be a target.   You just need to be online.   What You Can Do (Without Buying a Bunker) You don’t have to be tech-savvy.   You just need to stop being low-hanging fruit.   Here’s how:   Use a YubiKey (physical passkey device) or Authenticator app – Ditch text message 2FA. SIM swaps are real. Hackers often have people on the inside at telecom companies.   Use a password manager (with Yubikey) – One unique password per account. Stop using your dog’s name.   Update your devices – Those annoying updates patch real security holes. Use them.   Back up your files – If ransomware hits, you don’t want your important documents held hostage.   Avoid public WiFi for sensitive stuff – Or use a VPN.   Think before you click – Emails that feel “urgent” are often fake. Go to the websites manually for confirmation.   Consider Starlink in case the internet goes down – I think it’s time for me to make the leap. Don’t Panic. Prepare. (Then Invest.)   I spent an hour in that basement bar reading about cyberattacks—and watching real-world systems fall apart like dominos.   The internet going down used to be an inconvenience. Now, it’s a warning.   Cyberwar isn’t coming. It’s here.   And the next time your internet goes out, it might not just be your router.   Don’t panic. Prepare.   And maybe keep a backup plan in your back pocket. Like a local basement bar with good bourbon—and working WiFi.   As usual, we’re on the lookout for more opportunities in cybersecurity. Stay tuned.   Author: Chris Campbell (AltucherConfidential) Profits from free accurate cryptos signals: https://www.predictmag.com/   
    • DUMBSHELL:  re the automation of corruption ---  200,000 "Science Papers" in academic journal database PubMed may have been AI-generated with errors, hallucinations and false sourcing 
    • Does any crypto exchanges get banned in your country? How's about other as Bybit, Kraken, MEXC, OKX?
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