The Yens…

Hi everyone

 

Glad to hear some of you manage to trade the post I send during the weekend. Big fat profit. I did a quick intraday trade today on the Yen. Primarily the GBPJPY and EURJPY.

 

Both had the same setup. Except the EURJPY, which was basing just before reaching its supply level. SO I cancell the trade but took the GBPJPY a very quick one!

 

One position 10 pip while the other intraday swing.

Simply perfect!

I traded Gold early during the Asian session but exited early because I was in doubt. I was looking at the USD index which shows price visit a supply and it drop… apparently the drop was short lived.

Nice week though…again.

Here is an overview what I have done to my old account. I think this month I had over achieve it..

This year to date. I think I had done so much this month alone focusing on trading only…nothing else. Look at that Jump! Im just like Bitcoin..

Hope you all had a good week run in’s in your trading..

 

Remember.. Price only move where there is an imbalance of Demand and Supply. The news just there to help push it around faster!

  4 comments for “The Yens…

  1. Ali
    October 18, 2017 at 1:38 pm

    Hi Warithu,

    Congratulations on the great win.

    I hope you dont mind me asking but maybe a year ago you said you would quit trading because leverage and fx trading etc was haraam. Have you now founf fatwas accepting it?

    • Trader101
      October 19, 2017 at 3:14 am

      As long as you stick with the islamic way.. should nt be a problem anymore.

  2. alien
    October 18, 2017 at 5:29 pm

    Nicely done Haji, you traded with confident and less fear. I still traded with much fear lol, but the last 3 days i’m doing pretty well. Today, I traded $cad short 2 times and waiting for my third trade to move lower to to maybe 1.2450 if it gets there.
    Are you only using supply & demand and price action only these days?

    Alien.

    • Trader101
      October 19, 2017 at 3:15 am

      Kind a both still. Demand supply is still the core in every market price .. it is driven by it. The moment you knwo what you see and read, opportunities are every day!

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