Saturday, May 31, 2014

Mansion over the Hilltop

I'm satisfied with just a cottage below
A little silver and a little gold
But in that city where the ransomed will shine
I want a gold one that's silver lined

Chorus
I've got a mansion just over the hilltop
In that bright land where we'll never grow old
And some day yonder we will never more wander
But walk on streets that are purest gold

Though often tempted, tormented, and tested
And like the prophet my pillow's a stone
And though I find here no permanent dwelling
I know He'll give me a mansion my own

Don't think me poor or deserted or lonely
I'm not discouraged I'm heaven bound
I'm but a pilgrim in search of the city
I want a mansion, a harp and a crown


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Friday, May 30, 2014

EURAUD Short


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Tuesday, May 27, 2014

EURUSD Short


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Monday, May 26, 2014

EURUSD Long

Testing the waters this morning, in a very quiet market. Better to stand aside until volatility returns to this market.

Good morning :-)

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Sunday, May 25, 2014

Faith of our Fathers, Living Still

Faith of our fathers, living still,
In spite of dungeon, fire and sword;
O how our hearts beat high with joy
Whenever we hear that glorious Word!

Chorus:
Faith of our fathers, holy faith!
We will be true to thee till death.

Our fathers, chained in prisons dark,
Were still in heart and conscience free;
And blest would be their children’s fate,
If they, like them should die for thee:

Faith of our fathers, we will strive
To win all nations unto Thee;
And through the truth that comes from God,
We all shall then be truly free.

Faith of our fathers, we will love
Both friend and foe in all our strife;
And preach Thee, too, as love knows how
By kindly words and virtuous life.


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Saturday, May 24, 2014

WE'VE GOT THE POWER

GIVE ME YOUR HAND LET'S AGREE TOGETHER
THAT ALL OF OUR ENEMIES WILL CRUMBLE AT OUR FEET
FOR WHATEVER WE BIND ON EARTH SHALL BE BOUND IN HEAVEN
AT THE NAME OF JESUS SATAN HAS TO FLEE

CHORUS
WE'VE GOT THE POWER IN THE NAME OF JESUS
WE'VE GOT THE POWER IN HE NAME OF THE LORD
THO SATAN RAGES WE CANNOT BE DEFEATED
WE'VE GOT THE POWER IN THE NAME OF THE LORD.
                   
FOR MANY YEARS NOW SATAN'S TRIED TO STOP US
BUT THE CHURCH OF JESUS IS STILL ALIVE
LIKE A MIGHTY ARMY WE KEEP MARCHING ONWARD
WINNING EVERY BATTLE WITH THE LORD BY OUR SIDE.


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Thursday, May 22, 2014

Monday, May 19, 2014

EURUSD CT Trade

Good morning Traders:

Nothing of interest on the charts for me right now but I saw this CT trade with structure and about 10 pips away from the DPV. Reason for considering trade:

  1. Divergence on M15 & M30 Stox;
  2. Divergence coincides with rejection of price @ R1
  3. EUR beginning to loose power on the CSM

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Saturday, May 17, 2014

Through The Fire

Through The Fire
So many times I've questioned certain circumstances
Things I could not understand
Many times in trials, weakness blurs my vision
Then my frustration gets so out of hand
It's then I am reminded I've never been forsaken
I've never had to stand the test alone
As I look at all the victories the spirit rises up in me
And it's through the fire my weakness is made strong

Chorus
He never promised that the cross would not get heavy
And the hill would not be hard to climb
He never offered our victories without fighting
But He said help would always come in time
Just remember when you're standing in the valley of decision
And the adversary says give in
Just hold on, our Lord will show up
And He will take you through the fire again

(bridge)
I know within myself that I would surely perish
But if I trust the hand of God, He'll shield the flames again


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Thursday, May 15, 2014

CHFJPY Short


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EURJPY Short


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Wednesday, May 14, 2014

EURJPY Short


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Monday, May 12, 2014

GBPJPY Long



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Friday, May 2, 2014

USDCHF Long


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Tuesday, April 29, 2014

CADJPY Short


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EURCAD Short

Just woke to see this plunge and quickly took my share for 7 pips and bailed :-) Will wait for pullback before attempting another entry.

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Monday, April 28, 2014

EURAUD Long


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Sunday, April 27, 2014

AUDJPY Long


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Friday, April 25, 2014

GBPJPY Short


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Thursday, April 24, 2014

EURUSD & EURJPY Short


My small trades for today for 10 & 5 pips each

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Wednesday, April 23, 2014

GBPJPY Short Re-Entry

Stop hit on 1st trade for 3 pip profit. Re-entry also closed for 3 pips profit and will stand aside for now

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GBPJPY Short


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Friday, April 11, 2014

GBPJPY CT Trade Update

Stop loss to break even plus 1 to take away risk from the trade for a free ride

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GBPJPY CT Trade


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Thursday, April 10, 2014

AUDJPY Short


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Tuesday, April 8, 2014

CADJPY Short


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Monday, April 7, 2014

AUDJPY Short


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Thursday, April 3, 2014

GBPUSD Long


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Tuesday, April 1, 2014

EURJPY Long


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Friday, March 28, 2014

What a Stubborn AUDJPY CT Trade

What a stubborn trade as I slept & woke up monitoring it. Closing for few pip loss or BE but will watch for few more minutes

Good week end to all

Shalom, and God bless

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Thursday, March 27, 2014

AUDJPY Short


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Friday, March 21, 2014

GBPUSD Short


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Monday, March 17, 2014

Trade Stopped Out


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AUDJPY Long Trade Triggered


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AUDJPY Setup



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EURJPY Long

Good morning traders - starting late today. I opted for EJ instead of any of the pairs on the trade plan from the week end as the trend seem to be changing.


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Saturday, March 15, 2014

Friday, March 14, 2014

Another GBPJPY Short


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What a Stubborn Trade, and What a Stubborn Trader!!!!


I refused to take what the market was willing to give - 5 times I had the opportunity to exit this trade for 8 - 10 pips but kept waiting for more. Take what the market gives :-)

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Thursday, March 13, 2014

GBPJPY Short


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Wednesday, March 12, 2014

GBPJPY Long

I was just playing with indicators on my chart and planning my trade when I noticed some ramblings on the Yen pairs, and without wasting too much time analyzing, I just pulled the trigger and before I could even put in a SL, price was already up 26 pips!!!

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Tuesday, March 11, 2014

The King with Four Wives

A friend just sent me this thought provoking article, and thought I would share in case it challenges you to consider your eternal destination. Death is a price we all owe and will definitely pay one of these days.


Once upon a time there was a rich King who had four wives. He loved the 4th wife the most and adorned her with rich robes and treated her to the finest delicacies. He gave her nothing but the best.

He also loved his 3rd wife very much and was always showing her off to neighboring kingdoms. However, he feared that one day she would leave him for another.

He also loved his 2nd wife. She was his confidant and was always kind, considerate and patient with him. Whenever the King faced a problem he could confide in her and she would help him get through the difficult times.

The King’s 1st wife was a very loyal partner and had made great contributions in maintaining his wealth and kingdom. However, he did not love the 1st wife. Although she loved him deeply he hardly ever noticed her.
One day the King fell ill and he knew his time was short. He thought of his luxurious life and wondered, “I now have 4 wives with me, but when I die, I’ll be all alone.”

Thus, he asked the 4th wife, “I have loved you the most, endowed you with the finest clothing and showered great care over you. Now that I am dying, will you follow me and keep me company?” “No way!” replied the 4th wife and she walked away without another word. Her answer cut like a sharp knife right into his heart.

The sad King then asked his 3rd wife, “I have loved you all my life now that I’m dying will you follow me and keep me company?” “No!” she replied “Life is too good! When you die, I am going to remarry!” His heart sank and turned cold.

He then asked the 2nd wife, “I have always turned to you for help and you’ve always been there for me. When I die will you follow me and keep me company?” “I’m sorry, I can’t help you out this time!” replied the 2nd wife. “At the very most, I can send you to your grave.” Her answer came like a bolt of lightning, and the King was devastated.

Then a voice called out: “I’ll leave with you and follow you no matter where you go.” The King looked up, and there was his first wife. She was so skinny as she suffered from malnutrition and neglect. Greatly grieved, the King said “I should have taken better care of you when I had the chance!”

In truth, we all have four wives in our lives:
Our 4th wife is our body. No matter how much time and effort was lavish in making it look good, it will leave us when we die.
Our 3rd wife is our possessions, status and wealth. When we die, it will all go to others.
Our 2nd wife is our family and friends. No matter how much they been there for us, the furthest they can stay by us is up to the grave.
And our 1st wife is our soul – often neglected in pursuit of wealth, power and pleasures of the world. However our identity as a spirit soul is going to be maintained wherever we go, whatever bodies we acquire and whatever destination we achieve. So, we should cultivate, strengthen and cherish this existential reality now, and ensure our peace with God.

John 3:16 - For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.


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Threat To Patience & Discipline - Chasing Trades

Within 90 minutes of my last post, price has moved another 30 pips in addition to the 45 pips from the breakout point. When a trader sees this kind of movement, emotion will set in and we begin to think how much we could have made had we entered the trade. But the next time we enter similar trades, it reverses on us and sting like a bee, and we wonder what happened!!!

There is always another trade, another day - ALWAYS. He who lives, lives to fight another day!!!

Trade safe

Shalom

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AUDJPY Trade Setup

I have found out that the "holy grail" of trading is PATIENCE & DISCIPLINE. The potential downtrend structure on the AJ had been there for some few days now but price stubbornly refuses to come down as traders continue to get head fakes to the upside. Price did not however make a new high, and thus the D1 pinbar I highlighted on my chart and mentioned on Forex Factory yesterday remained intact. There was no follow through on the H4 engulfing bar from the London open of yesterday and a CZ (consolidation zone) was thus created.

We have now gotten a trend change confirmation with an H1 & H4 Engulfing bars and price has continued to break lower as I type.

PATIENCE & DISCIPLINE is the key to unravel the mystery of forex trading. I missed the trade as I wasn't around when the break happened, and don't intent to chase trades as there will always be another trade another day!!! The PATIENCE is seeing the setup and watching for a potential trade and the DISCIPLINE is knowing when to enter or not enter, and when to let go if you miss it.

Shalom

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EURJPY Short

The AUD has been pretty strong today and will abandon shorting this pair but will give the EJ a try with a weak EUR against a mildly strong JPY, hoping for a break of yL. The bearish H4 engulfing candle from the Asian session encourages a possible ST downtrend, and if sustained, will bring SL to break even + 3 and let the market decide the exit. All the JPY pairs have been consolidating and trading in a very tight range. SL is therefore very tight as the market can go either way.

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