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Giorgio3's Blog

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Risk Free Trading

Giorgio3 Updated 2 Dec.  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 Dec.

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 Oct.

your risk free model is not risk free :D

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Orders Quality

Giorgio3 Updated 1 Dec.  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 1 Dec.

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

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Giorgio3 1 Dec.

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 Oct.  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 Oct.  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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Trade of the Day 110 PIPS GBPNZD

Giorgio3 Posted 27 Oct.  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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1 Week to go - GAMEPLAN

Giorgio3 Posted 24 Oct.  in #Trader's blog
Hello Traders
What a awesome tournament. Only one week left to go and still anyone's game for the taking.
The game plan is simple.. Follow fundamentals and maximise all of them - and Plus get the pullbacks.. will take work and extra concentration.
Today shorting GBP this morning which should see a nice 200 PIP catch across 5 pairs today !!!
Then still today switch over to USD and we looking short all USD home sales today.
Next week WED & THURS we looking at a little rates and the state of USD an…
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