USDJPY is in a corrective structure , it broke out of the 240 downtrend and looks like it's is making a corrective structure. Buying the breakout looks like a good idea. Tomorrow i will be doing a webinar for the entire community , please feel free to log on and share the link.
I dont know what kind of fund you run, but you have sold your followers down the river.
AtifQ
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Not all followers will have taken this trade though. Those that did, then this setup will have met their strategy and if you couple that with good risk/money management then the loss will have very little impact on a their accounts. That is if the stop loss wasn't moved to break even.
swolf00183
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Not when the fund manager shouts out free 3003 pips on long usdjpy @ 111.xx and price crashes to 300+ pips immediately after that call.So my point is this fund manager is like any other trader over here.just the thing is, he is a good salesman.
nxtleveltrader
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I agree with AtifQ - Even the best traders in the world are only right about 50-60% of the time. But as said with good risk managment and strategy, you can still be very profitable. With good risk management a trader would not have lost much at all if anything despite the reaction to todays news.
anilmangal
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Guys, let's leave the swolfoo183 fello alone , he has no clue what trading is about , he is here to troll. I closed my buy just before NFP for a 10 pips lost. If you don't have a strategy to trade don't trade.
anilmangal
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if he wasn't a troll he would have checked all the charts i posted this week and maybe , just maybe he will learn a thing or two.
swolf00183
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Maybe I dont have a clue about but so do you. Thats the point Iam trying to make.When you use words like free pips and $$$ its highly unimpressive.
anilmangal
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LOL the 3003 free pips were meant to be humorous, but it seems you didn't get it.
swolf00183
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When trade goes other way, its humour isnt it.
burrr
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you are still not getting it, please do an online iq test and tell me your score maybe we can help you with your issues