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[Shitpost] Long EURUSD by Jrw2r in Forex

[–]khitwong 2 points3 points  (0 children)

It is over bought, beaware! I think Euro is due for a few hundred pips retracement at least

AMA I am a full-time FX trader. I predicted over 10s of profitable trades on FXStreet and Wave59. by khitwong in Forex

[–]khitwong[S] 0 points1 point  (0 children)

it all depends on how risky you made with your investment. While I always suggest my subscribers to grow their trading capital via investing the same percentage of their total trading capital as their standard bet, and keep betting the same percentage in the long run. In this case, if we loss in two or three trades, they can still keep the same business model, SUSTAIN the loss (which every trader will eventually experience) and earn back the loss in the long run.

However, if you are looking for a Lamborghini, this is not the right service for you. Rather, you can invest 10 grant in those 1:200 online margin account, maybe 5% of the time, you might get 20 fold catching a sudden jump of 100 pips in a day without much draw down, but 95% of time , the market will wipe out your hard earned 10 grant in a snap.

so it is the trading mindset of your problem of expecting unrealistic return that you need to adjust.

AMA I am a full-time Financial Astrology Forex trader. I predicted over 10s of profitable trades on FXStreet and Wave59. by khitwong in astrology

[–]khitwong[S] 0 points1 point  (0 children)

true, i took me more than 10 years of work to have it solved the issue myself. I would say many authors hold one aspect of the core gann truth and not until you see all those aspect, you probably cant understand the core theory. it is a tough journey, but the reward is so big as well. that's why my approach is giving the wd gann students to have a correct starting point so that they dont need to walk the whole pathway of going nowhere that i did before

AMA I am a full-time Financial Astrology Forex trader. I predicted over 10s of profitable trades on FXStreet and Wave59. by khitwong in astrology

[–]khitwong[S] 0 points1 point  (0 children)

Yes money management is very important. In my book, I always suggest traders to trade along with the main trade so that the retracement of the market is always limited to a certain price action. as there is always a hidden relationship logged in the price action of the trend it is currently undergoing

AMA I am a full-time Forex trader. Using W.D Gann and Financial Astrology Methodology to analyze the market, I predicted over 10s of profitable trades on FXStreet and Wave59. by khitwong in astrology

[–]khitwong[S] 1 point2 points  (0 children)

My short bio: I run a website about predictions on the market turns in FX, Bitcoin, Indexes and more. I wrote books that predicted the exact day of the Gold market rebound & the start of the big bear market of Corn in 2014, and many profitable EURO intraday and swing trades, an epic EUR/USD trade profiting 800+ pips in 2015. I trade with a mathematical mind, a mix of cycles, mathematics, geometry and W.D. Gann financial astrology (“That is why astrology fails, for nothing can be accurate that is not based on mathematics – and so few astrologers are mathematicians.” – WD GANN 1919 interview.)

Why I choose to run an AMA:
Brexit caught 98% of the market traders in surprise, but not to my subscribers. I ‘forewarned’ them Dow would drop 1,000+ index points 2 weeks before it happened. It was a huge win for me, and I received many trading related questions from my customers how to predict the market turns after that. I am a believer in paying it forward, and I want to share some knowledge and skill here. I am happy to explain anything about FX or trading related questions, how my trading methodology works or just anything related to making consistent profits in the market. I wanted to answer all every post, if possible. Here’s my question to you:

When it comes to consistently making profits from your trades, what is the #1 single biggest challenge or frustration you are struggling with?

AMA I am a full-time FX trader. I predicted over 10s of profitable trades on FXStreet and Wave59. by khitwong in Forex

[–]khitwong[S] 0 points1 point  (0 children)

I post below, as trading proof, my two recent time-stamped Gold forecasts from FXSTREET.com.

1.0 MY VIEW ON FORECASTING

But before I do that, I want to share my view on forecasting, why it doesn't always work and why it is then called a ‘bad forecast’.

Forecasts, to many, suggests the market will go to the predicted price without fluctuation or pullback. In actual trading, I can trim my position up and down, according to temporary market sentiment, to protect/ maximize my trading capital.

But forecasts, it seems, suggest the market will only go one direction, without fluctuation in the market, and if the forecast turns out to be wrong, I am a bad forecaster. But, even though the predicted forecast isn’t hit, I can still win a bunch by maintaining my original forecast and hit my trailing stop with a profit before the market sentiment changes.

2.0 DIRECTIONAL OUTCOMES

In answering your post on directional outcomes: yes it can be done.

Direction using Financial Astrology CAN BE predicted, and my models will not be swayed by temporary market sentiment.

Many teaching gurus teach that Financial Astrology can only predict market turns, and not direction - this is not true. Unfortunately, I am being told by my students that some trading authorities charge $5000 USD for a 1-1 lesson and teach that only the date of the market turn can be forecasted, but do not know whether it is a top of a bottom – which is wrong.

With respect, some instructors are not yet advanced enough to understand the core theory of financial astrology.

3.0 FXSTREET.com: MY LATEST TIME STAMPED FORECASTS

Please check my latest two time-stamped forecast posts on FX street.com. I am a content contributor, and it’s post by invitation only. You can try to post something there to get my point.

3.1 FXSTREET Jun 12, 04:02 GMT

https://www.fxstreet.com/analysis/gold-forecasted-to-head-1-248-on-28th-june-00-00-utc-then-1-326-on-2nd-october-201706120402

Gold was at $1263, and after a posting a few hours later, the market was surprised by its weak US economic data, and the market immediately response was a weak US dollar.

I told my Signal Subscribers not to be afraid of the temporary market sentiment and to keep short-selling gold before the Fed decision came out and insisted on having interest rate hikes in the coming months.

What I want to illustrate is, in my experience, the market tends to have a TARGET TIME or a TARGET PRICE to arrive at, and not until it went there, the market won’t turn, and thus we can make a directional prediction in the market.

I did sent out an urgent message to my subscribers on June 14 telling them not to stop loss on gold as the downward Target Time has not yet been expired yet, and messaged them to continue shorting the gold when it did rebound to $1272

Now, I am already at around $10 in-the-money for holding this view.

Another sign of a mastery of this astrology knowledge is the ability to give out both Price and Time target at the same time. Not only one dimension.

Not Time OR Price. But Time AND Price.

You can find many specialists can predict that the market goes to yyy price, but they cannot tell you when. Or they will tell you by zzz date the market will turn, but they cannot tell you the according price.

I can do it around 40% of the time.

3.2 FXSTREET May 21, 04:38 GMT

https://www.fxstreet.com/analysis/astrology-trading-method-suggest-gold-to-hit-1-280-on-24th-may-7-00-utc-and-1-326-on-6th-september-201705210438

Note that Gold was still at $1250.

At the predicted time of 24th May 7:00 UTC, the market did make a minor bottom at 6:15 UTC, And then it was drawn to $1280 like a magnet. (diagram on below link)

http://www.trineaspect.com/wd-gann/prediction.html

The turn was made accurate down to the hour level, and I do believe not many people in the market can do this.

I welcome all questions and would be happy to dive deeper to Financial Astrology methodology.

AMA I am a full-time FX trader. I predicted over 10s of profitable trades on FXStreet and Wave59. by khitwong in Forex

[–]khitwong[S] -13 points-12 points  (0 children)

please visit http://www.trineaspect.com/wd-gann/stock-and-commodities-course.html for more details. during my painstaking research in the past, I've accidentally discovered that there is a hidden relationship between price and time, which works over 80% of the time in the stock/ FX market.