gold had activatd my sell limit at 1223.20 and its already 40 pips in profit. I also had another position open at 1220.63


price seems to be falling down fast so I will keep both of these position open till their target (I might close one of them around 100 pips and keep the other one for the 180 pip target)

#USDJPY - it saw a bit of resistance 113.750 since it is the top of the ranging channel, but it will break through it to reach the target of the triangle pattern at around 114.100


this is why some people lose money, they try to sell the ranging channel from the top (as most of educational articles say that you should do that when the market is ranging in a channel) but what they don't know is that the price is already on its way to complete a pattern. so they short (put in sell orders) while the majority of the institution's computers are longing. and they end up having their stops hit even though seemingly they didn't do anything wrong.


if you want to be a winner in this market, you should always think like the computers ;)

#USDJPY - where the price is moving towards.

by the way, my take profit is under the 114.00 line. since that price is where there will be a big supply in the market, so the price might not be able to break through it easily. so I will get out of the trade at 113.975 with +80 pips profit. and wait for it to make a pullback to the top line of the bigger triangle pattern, and then I might long again for the target of the triangel at 114.900 (again, I will get off a few pips below that)

#USDJPY I think the price is forming yet another flag pattern before moving further up.

I closed all my remaining positions on USDJPY at 65 pips profit. since the resistance seems very strong at the moment. and my stop for these positions was 40 pips so I can close them and wait for a good setup to enter again later on.

#USDJPY - price made a pullback to the top line of the triangle pattern, so I went in again with another buy order at 113.570 with a 200 points stop and a 400 points take profit.

hoepfully it will finish a small flag patten and then move up towards the target of 114.100

#Gold - I just closed my positions on gold with 25 pips profit, since I'm afraid it might be forming a triple buttom pattern, and might bounce up again, so I will try to find a sell entry again if that happens.

Closed the position again on 20 pips profit.

I'm now well passed my 100 pips quota of the day, and its been only 8 hours since I started.

Total pips of today so far: 210 pips.
USDJPY 150 pips - total of all trades I had on it.
Gold 65 pips - total of all trades I had on it.

I'm gonna take some time off, and probably sleep for a few hours and charge my batteries up and will be back later to see if I can find more profitable trades.

#USDJPY - Triangle on the 8 hour chart finished. so price could possibly fall down towards the buttom of the pattern.

since its the last day of the week, I'm just gonna go in with a small sell order and a wide stop, and hold it over the weekend.

of course there is no gurantee it will move back down tho. its a tirangle pattern on its 4th wave, it might even break the pattern from the top and move higher. but since its a long time decending trend, I think its possible that it moves down again.

as I predicted #USDJPY moved up and reached its target of 114.100 (it even moved a bit higher before being stopped by the selling pressure.

I hope you guys took the trade with me and enjoyed the profit.

also gold made the jump up I expected it to make, and it activated my sell limit order I had on the 1223.20 and 1227.00 and both of them are currently in profit. but I will keep them both for the target of 1180.00 next week.

there are a lot of charlatan educators out there who are only teaching others, because they suck at trading themselves and they only try teaching so they can finally make some money from naive beginners who are willing to pay a lot of money to learn how to be profitable in forex market. but I'm no charlatan. I teach through live examples, and not old charts where every simpleton can see where the price has moved to. its easy teaching people on an old chart where you can already see that your so called "strategy" has worked, so you teach it to others as a fact, when you damn well know its not going to work at all.

but I do it live, and I predict moves +100 pips in advance. and it works 90% of the time. why? is it because I'm a magician or a time traveler who knows the future? NO. its only because I am a good trader, and I actually know what I'm talking about, unlike those charlatans out there.

and the reason that you don't see many traders like me teaching others how to trade for free, is because when most people are good at something, they aren't willing to do it for free at all. why would they waste their time, when they can easily get paid for doing it?

so now that I'm doing it for free, I would really appreciate your help in expanding this little class we have together. just post about this channel in every forum or chatgroup you know, tell others about it. invite them to the channel and help me grow it faster. the sooner we reach the 1000 member mark, the sooner I will create the youtube channel so I can post educational videos and teach you the art of trading live and in real time.

Thank you all for being here.

have a nice weekend.

some of the members contacted me asking how they can help me in telling others about this channel and aksed for the links, so I'm just going to explain it a bit.

if you forward any posts form my channel to anyone on telegram, they can join the channel by clicking on the name of the channel (which will be shown on top of the forwarded post) and join. but if you want to tell others who aren't on telegram yet, you can give them the link to our channel which is : T.me/ForexGoldmine
so they can find the channel and join it too.

Thank you all for joining the channel and all the support

#AUDUSD - this is how I see the price moving in the near future.

#EURUSD - This is how I see the price moving in the near future. after it reaches the 1.15500 area, we can expect a fall from there.

#GBPUSD- this is how I see the price moving forward in near future.

#USDJPY = this is what I expect from the price in the near future

#NZDUSD - this is what I expect in the next few days.