Mr.Pip

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Joined NY, NY MsterPips
The man behind the scope.
Markets Allocation
76 % forex 3 % indices 20 % other
Top Mentioned Symbols
EURUSD 28% | 17 XAUUSD 8% | 5 GBPUSD 6% | 4 USDCAD 6% | 4
Mr.Pip Mr.Pip EURGBP, 240, Long ,
EURGBP: EURGBP LONG (4hr) #43
12 0 0
EURGBP, 240 Long
EURGBP LONG (4hr) #43

Market has been spewing bad signals in irrelevant areas. Finally something worth taking (I hope you guys aren't blowing up your account with LQ setups). -Weekly Bullish Influence -Fake out (trapped bears/sellers at weekly level *plot on your chart*) -Break and retest with a powerful 4hr Bullish rejection candle -4hr trendline break. Looking at a minimum of ...

Mr.Pip Mr.Pip NZDJPY, 1D, Short ,
NZDJPY: NZDJPY SHORT (Daily) #42
123 0 3
NZDJPY, 1D Short
NZDJPY SHORT (Daily) #42

-Swing Low broken and retested. -Rejection at the swing low/resistance. -10, 20 EMA's acting as dynamic resistance. -Entering at .50 of Rejection candle. 1:4 RR MINIMUM 1:6.4RR MAX. * KEEP YOUR TRADING SIMPLE, WITH PROPER RISK MANAGEMENT.*

Mr.Pip Mr.Pip GBPJPY, D, Short ,
GBPJPY: GBPJPY SHORT (Daily) #41
136 0 2
GBPJPY, D Short
GBPJPY SHORT (Daily) #41

-Support turn resistance -Massive rejection candle -Price Action below mean Entering at .50 looking at possible 1:5RR Exiting at Weekly Support/Turning Point

Mr.Pip Mr.Pip EURJPY, D, Long ,
EURJPY: EURJPY LONG (Daily) #40
78 0 0
EURJPY, D Long
EURJPY LONG (Daily) #40

Sorry guys I haven't posting a lot lately. Have been caught up with some personal adventures; I regress... Taking a long at the break of the bullish indecisive candle. Have some nice confluences pointing towards the upside. -Bullish breakout of range -Uptrend -Monthly candle bullish This can be a trap set by the bears; I do not know nor do I care. Trade what ...

Mr.Pip Mr.Pip XAUUSD, D, Long ,
XAUUSD: XAUUSD Potential LONG (Daily) #39
160 2 6
XAUUSD, D Long
XAUUSD Potential LONG (Daily) #39

Fairly simple analysis, gold has landed on a weekly demand level (Rally Base Rally) with an awesome fakeout that most likely suckered in bears. I am entering at the .50% fib as I always do. Confluence: - Daily Support -BreakOut Trap -Weekly Demand Level -Under the market mean (20 and 10 MA) It's all about probability! Enjoy!

Mr.Pip Mr.Pip GBPUSD, W, Short ,
GBPUSD: GBPUSD Potential SHORT (Weekly) #38
101 0 4
GBPUSD, W Short
GBPUSD Potential SHORT (Weekly) #38

Awesome rejection candle on the weekly with confluence of course. I am looking for a 1:5 RR; 1:3 RR MINIMUM. I am entering at the 0.50% fib, if I don't get triggered I am not in period.

Mr.Pip Mr.Pip GBPJPY, D, Short ,
GBPJPY: GBPJPY Potential SHORT (Daily) #37
298 0 10
GBPJPY, D Short
GBPJPY Potential SHORT (Daily) #37

This is a wonderful chance to catch some nice profit! Looking at a conservative 1:3 Risk:Reward ratio; I am willing to move my TP to a 1:4-6. Entered at the .50 retracement of the daily rejection candle of the past highs (highlighted in circle). Remember guys, this game is all about probability and simplicity! Enjoy!

Mr.Pip Mr.Pip XAUUSD, D, Short ,
XAUUSD: XAUUSD Potential SHORT #36
250 0 6
XAUUSD, D Short
XAUUSD Potential SHORT #36

This chart is a great example as to why you must remain objective as possible when trading. Trade what you see and not what you think. The current trend is heading downwards, however it doesn't mean we can not catch a reversal highlighted on my chart. Price looks like it's heading towards weekly supply to get more steam; either way profits can be made!

Mr.Pip Mr.Pip XAUUSD, 240, Long ,
XAUUSD: XAAUSD Potential LONG #35
201 1 8
XAUUSD, 240 Long
XAAUSD Potential LONG #35

I am creating a blog with some free valuable content and decided to post this as I was going through what I look for in a trade. Blog: https://fxcontrarian.wordpress.com/ (Name will change soon)

Mr.Pip Mr.Pip EURUSD, D, Long ,
EURUSD: EURUSD LONG (Daily) #35
260 2 15
EURUSD, D Long
EURUSD LONG (Daily) #35

Getting in at the .50 fib retracement. Bulls seem to be defending this support so I will be joining the party. -Potential Head and Shoulders -Clear defined Pinbar rejected from support -7 week bull run -Potential triple bottom on the monthly time frame -Bottom of the range 1:17 RR... 1:5 RR MINIMUM (targeting lower high)

Mr.Pip Mr.Pip XAUUSD, D, Long ,
XAUUSD: XAUUSD LONG (Daily) #34
152 0 8
XAUUSD, D Long
XAUUSD LONG (Daily) #34

With a weekly bias in favor of the bulls. I do not mind taking this trade at all. -Monthly Bias (Bullish) -Weekly Bias (Bullish) -Bullish Hammer/Pinbar off of broken resistance now made support -Closed above Mean Looking at a 1:5 RR which isn't bad. If the market decides to push further I do not mind looking at a 1:11 RR.

Mr.Pip Mr.Pip AUDJPY, D, Short ,
AUDJPY: AUDJPY SHORT (Daily) #33
155 0 6
AUDJPY, D Short
AUDJPY SHORT (Daily) #33

Short triggered at .50% fib. Looking at a 1:7 RR MINIMUM. Overall target is a 1:13 RR which is completely reasonable considering this trend looks exhausted. -Trend Exhaustion -Mean Reversion -Daily Rejection -4hr/1hr Symmetrical Triangle -Bearish Territory (Zoom Out)

Mr.Pip Mr.Pip XAUUSD, W, Long ,
XAUUSD: XAUUSD LONG (Weekly) #32
149 0 5
XAUUSD, W Long
XAUUSD LONG (Weekly) #32

Gold, what a lovely commodity and money making machine. Potential long?

Mr.Pip Mr.Pip USDCAD, 240, Short ,
USDCAD: USDCAD SHORT (1hr) #31
237 0 5
USDCAD, 240 Short
USDCAD SHORT (1hr) #31

Back at it again with the analysis. Sold at the break of the 1hr bearish inside candle. Looking for a 1:4 to 1:8 RR.

Mr.Pip Mr.Pip USDOLLAR, D,
USDOLLAR: USDOLLAR Back 2 Liquidity?
62 0 2
USDOLLAR, D
USDOLLAR Back 2 Liquidity?

HL, LL, looking forward to be a buyer somewhat next week.

Mr.Pip Mr.Pip NZDUSD, W, Short ,
NZDUSD: NZDUSD SHORT (Weekly) #30
138 0 5
NZDUSD, W Short
NZDUSD SHORT (Weekly) #30

-Huge weekly rejection -Intermediate weekly resistance -.50 fib confluent with weekly resistance

Mr.Pip Mr.Pip NZDCAD, W, Short ,
NZDCAD: NZDCAD SHORT (Weekly) #29
195 0 5
NZDCAD, W Short
NZDCAD SHORT (Weekly) #29

Starting from now on I am going to start getting into detail as to why I am taking these trades. 1. Weekly Rejection 2. Failed inverse head and shoulder 3. Mean Reversion 4. REJECTION On a serious note, if prices are being rejected with a confluence of many other factors, the odds are in the favor of sellers. Now, this isn't a guaranteed winning trade. Anything ...

Mr.Pip Mr.Pip AUDNZD, D, Long ,
AUDNZD: AUDNZD LONG (Daily) #28
93 0 6
AUDNZD, D Long
AUDNZD LONG (Daily) #28

Great rejection candle off of weekly S/R. Entering at .50 fib; looking forward to a 1:3 RR.

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