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Giorgio3's Blog

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Risk Free Trading

Giorgio3 Updated 2 Dic  in #Trader's blog
Hello Traders
Even though orders quality is limited in the contest and we get penalised for moving our stops and take profit, it remains imperative to move take profits for more and stops to break even.
The old adage "keep your stops tight and let your profits run" is truly the difference between success and failure.
Always remember there can never be and will never be a better deal than a risk free trade, and this is only possible in the Forex. Free money can and does happen - but that can only…
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verindur 2 Dic

Waiting for the next great opportunity is what makes trading beautiful and worthwhile, after all nobody really respects gamblers, do they? - Perfectly said and a point worth attention.

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Airmike 7 Ott

your risk free model is not risk free :D

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Orders Quality

Giorgio3 Updated 1 Dic  in #Trader's blog
Hi Traders
This month I will win the traders contest because I have to win and secondly because I deserve to win. My Goal is 2 Million.
Background:
I have been trading for 5 years. I have lost almost everything I have owned due to getting involved in the wrong relationships and trades. I lost my house and my car and everything else right down to my last cent. Of Course I still have my clothes Every trade you take is your relationship with the market; As we all know bad company corrupts good ha…
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samme avatar
samme 1 Dic

Hope you do win..................

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Giorgio3 1 Dic

Thank you samme

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GBPCHF 100 Pips

Giorgio3 Posted 6 Nov  in #Trader's blog
GBPCHF offering a nice 100 pips
In the image you can see the bounce at the 4 Hour. and a nice upswing.
Stops - 1.53377
Take profit 1.54746
My pride got the better of me yesterday when things when drastically bad. I held onto GBPAUD in the buy zone and I was selling. Well what a silly thing to do and a huge lesson learnt.
All the best traders.
See you at the top
Giorgio
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TRADE OF THE DAY - GBPAUD 200 Pips

Giorgio3 Posted 5 Nov  in #Trader's blog
Hello fellow traders
What a great lovely trading month we having. Todays best trade is - GBPAUD - 200 PIP mover:
Stops around 1.84 Take profit 1.816 - (That 200 pips from current price 1.837 entry)
Reasons - Todays news and later today AUSIE employment news !!!
FIB Swing inline and enjoy!!!
Much Love to ALL
Dont forget GBP CAD and GBP NZD also swinging down today :-)
Giorgio
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VictoriaVika 5 Nov

Thank you for remind it, Giorgio :)

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Trade of the day

Giorgio3 Posted 4 Nov  in #Trader's blog
Hi Traders
Its day 2 of the contest. Yesterday I posted AUDNZD, and I am glad the trade is working except it pushed slightly deeper than anticipated Fib wise and this slowed down the speed to reach its profit. This is because of the BIG NZD employment change news later today. This leaves me no option but to close with a little profit or around 1.2838 within the days range, as long as it stay inside the buy zone inside todays Europe session. We still looking good to grab 30 Pips here.
So My trade…
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Trade of the day

Giorgio3 Posted 3 Nov  in #Trader's blog
Hi Traders
I really loved the comp month I didn't make the prize but I learnt a lot and it was great fun.
This month, each day I will be posting what I consider to be the best trade of the day.
So without any further ado here is the trade of the day:
AUNZD
This pair is really looking good, it is currently bouncing at the edge of the hour trend line. We are in the buy zone for the london session.
Placing all stops below the low around 1.12165 and profits at 1.3340.
Supporting evidence
1. Nice bul…
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VictoriaVika 3 Nov

Giorgio, sometimes the knowledge which we got is more important than prizes, dont you agree? :)
So, thats great that you have learned a lot

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Giorgio3 4 Nov

True :-)

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30 OCTOBER OULTOOK

Giorgio3 Updated 30 Ott  in #Trader's blog
Hi Traders
Today I am posting the outlook on the best trades I could find for the day and reasons for the trades:
1. NZDUSD - AVG -*Daily Range 78.4 We can expect 1.5 times that today as its a NEWS day so 100pips
Take profit at 77.720 - PROFIT 90 PIPS
2. GBPUSD - range 91 pips today look at over 120 pips
GBP has reached it latest FIb target so we can expect a quick pullback.
Take profit set to 1.60643 - PROFIT 60 PIPS
3. USDJPY RANG 66 PIPS This pair has reached its FIB high Target
Take profit s…
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Contest Notes - Do's and dont's

Giorgio3 Posted 29 Ott  in #Trader's blog
Getting excited - Can lead to pride and arrogance - and we all know that pride comes before a fall.
When making a mistake - Note it well and laugh it off - You cannot learn if you don't forgive yourself and keep an open mind.
Always have a point of reference: Ie
Keeping the most important thing the most important thing is the most important thing and that is to me the Line you draw on your chart - Never compromise that.
Trust your indicators
Happily Gladly and easily avoid any trade you know in …
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NOW IS THE TIME FOR USD TO WEAKEN

Giorgio3 Updated 28 Ott
Hi Traders
USD is doing a Major U-Turn on all cross pairs. The Technical reason for this is the Daily and weekly Highs and Lows created across these pairs with there retracements back to the 38.2% per the natural Laws of the Fibonacci cycles. All U-Turns takes time but we are at the major trend line testing points of the weekly inner trend lines across all the pairs. We should see a little strength on USD according to the fundamentals today and then I believe we are set for a SUPER SHIFT as the …
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Trade of the Day 110 PIPS GBPNZD

Giorgio3 Posted 27 Ott  in #Trader's blog
Hi Traders
Heres the trade of the day. GBPNZD: Pull back to 38% of current swing to floor of matching support per the figure. PIPS a lovely 110 pips !!!
Only 5 days left for october contest and pushing for a top place.
All the best
Giorgio
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