Bull City Baby! Buying Opportunities
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Thread: Bull City Baby! Buying Opportunities

  1. #1
    Current thread rules:

    Remarks welcome. If someone has a different opinion, please be respectful. There's no need to attempt to convince everyone you're right. If you have this issue and have something to prove, it will not help your trading anyway.

    No profanity.

    USDJPY - Let's create some pips!

  2. #2
    Updated original article...

    Original post rules executive order: We're looking for buying opportunities only, currently with USDJPY only. If you're seeking to short this pair, don't post on this thread. If you don't think this pair is in an uptrend, or will last in an uptrend, don't post on this thread. Please don't post anything about promoting in this thread.

  3. #3
    I wished to comment one more time before I call it a night. I'm really excited about this particular thread, and also the potential it will have for most traders to get on the winning side of trades.

    I commented already on the various mindset involved in buying verses selling. Have you had this experience? Buy, get stopped out sell, get stopped outside. What happened? Your head's eye never adjusted and focused, and that means you never saw the fantastic trade in the right direction and waited to it.

    Look in Just One direction, the RIGHT direction. Start looking for the opportunities in that direction. Sounds simple, but harder to use the patience and discipline. But when we do it together, it will be simpler...

    I do understand that many traders will not agree with me, as most traders have developed their trading so they can trade both ways. Great for them!

    But I have never been the kind of man to try and concentrate on too many things at the same time. I find exactly what I excel in, or that which comes naturally to me, develop to it's fullest potential. That is why I've chosen to dwell at the... Bull City Baby!

    Okay, yes, I know I have issues

  4. #4
    I have a long bias also, though, if you get it shorting can turn you into a lot of money really quickly. However, I only wanted to say there is a reason you and I have a long bias. And it all begins with The Federal Reserve and Treasury. Goodnight!

  5. #5
    Quote Originally Posted by ;
    I have a long bias also, although, if you get it shorting can make you a lot of money really fast. But, I just wanted to say there is a reason you and I both have a long bias. And it all starts with The Federal Reserve and Treasury. Goodnight!
    Thanks for posting. But just a reminder, as a portion of these rules of this thread, there will be no talks about shorting. I feel the principles are crystal clear about that.

    Money could be made really fast either buying or buying in the event that you get it right. On this particular thread it will be about buying.

  6. #6
    Can't comment but just stopping by to wish you luck with all the new thread benaiah.

  7. #7
    Ill follow this thread, but not trying to be an ass or anything, isn't selling a pair in forex precisely the identical thing as buying the other pair? Unlike stocks where shorting is more risky than buying(and you don't have ownership of this asset) both are of equivalent risk in forex where its a market. Wouldn't it be much better to concentrate on pairs at a transparent trend rather than just pairs only going up? I mean if you look at eur/usd or gbp/usd they're in apparent downtrends but they're at a dollar bull trend. Its just the way they are quoted. Flip the chart around and they'd be moving up. Feeling sorry to go off subject undoubtedly looking forward to following along with USDJPY talks as the sky is the limit on this pair.

  8. #8
    Let's not piss the OP off before the ribbon starts to unfold. Sometimes, good people come to forums having a few great ideas to express only to experience bullshit. They then question why they even bothered to say what's on their mind openly and depart, never to return again. I have been following a number of those last posting from benaiah and seems like good sound no nonsense trading.

    So.... Since this is the ribbon of a BULL, who only needs BULL concepts posted, so be it. It's a method of thinking. It's a mindset. It's a way to stay focused and not get confused. I do it.

    I mean that the man said clearly, if you are not down using his ribbon, move some place else... or better yet, start your own thread. He doesn't want to have the thread littered as this adds to confusion and that is what MM's desire. They want you perplexed.

  9. #9
    Quote Originally Posted by ;
    Ill follow this thread, but not attempting to be an ass or something, isn't selling a pair in FX precisely the identical thing as buying another pair? Unlike stocks where shorting is much more risky than buying(and you do not really have ownership of this asset) both are of equal risk in FX where its more of a market. Wouldn't it be better to focus on pairs at a clear trend rather than only pairs just going up? I mean if you examine eur/usd or gbp/usd they are in apparent downtrends but they are at a dollar bull trend. Its just the way they are quoted....
    Okay, I mean no offense at my response either, but did you read the initial article? Do you understand it?

    Obviously, buying a currency is equal to selling a different. Anybody who trades knows that, which validates my point, in that it's not necessary to ever hit the button. Since you're currently selling AND buying each single time you execute a trade.

    It is much easier for the mind to focus on one direction. Is it a lot easier to push on a one way road or 2-way? Obviously one way is easier, and quicker to your target, and that's why we have freeways, and why the rate limit is typically lower on a 2-way street verses a one way. It is a lot easier to drive on a one way road, as everybody has a common objective.

    I advise that you read the initial article again, as it appears you have missed the purpose of the thread, and do not understand the plogical gap in searching for buying opportunities, verses promoting opportunities.

    But I welcome you to follow the thread, however I won't be going back and forth with you or anyone else to argue whether this procedure is better or worse, or we should be trading another manner, etc. That defeats the entire point of this thread. I really don't criticize anyone who trades in both directions. If that works for you or anyone else, then terrific. It is not the way I decide to exchange, and not connected at all to the thread.

    The purpose of the thread is crystal clear, I believe, and I am not asking for input to alter that purpose. There are plenty of other threads that focus on plenty of different approaches. This is only one more thread and another egy.

    Again, I expect respect to be shown with this thread, and that I too am really hoping to be respectful. But the rules of the thread very clearly say it is not about promoting. That means selling is not allowed to be discussed here, as it's off topic.

    This thread is about buying. Please do not bring up selling on this thread. I really don't want need to keep responding to posts such as this, since it's not the best use of anyone's time, including mine.

    It is fine if anyone does not agree with this particular thread or egy. I wish success to everybody, and there are many approaches to success. But please respect the rules of the thread, and let's stay on subject. Respectfully, if you do not like the subject, there are plenty of different threads with different topics, that you might like. Thank you for submitting, and again, you're welcome here, just stay on subject, if you opted to post. Thank you!

  10. #10
    Quote Originally Posted by ;
    Let's not piss the OP off until the ribbon starts to unfold. Sometimes, good people come to forums having a few really good suggestions to express only to experience bullshit. Then they question why they even bothered to say what is in their mind publicly and leave, never to return again. I have been following a number of those last posting from benaiah and seems like good sound no nonsense trading. So.... As this is the ribbon of a BULL, that only needs BULL theories posted, so be it. It is a way of thinking. It is a mindset. It is a means to remain focused...
    Yeah I understand its sticking together with the loading and trend on pullbacks not trying to trade them. Its about sticking to a single direction aka the tendency rather than trying to pick reversal points but instead loading again when they occur all in the direction of this over lying tendency. I am respecting the OP and I believe benaiah to be a good solid trader who attracts a straightforward no BS approach to trading, similar in style to the way I like to trade. I am only wondering if discussion on state a pair not particularly quoted in the same setup as a USDJPY pair (but nevertheless USD bullish) would be able to be discussed too. I am not trying to post anything about brief installations in USDJPY. If this is a thread really only about USDJPY then im all for this and will treat it as such, however, when I was reading the very first post it did cite setups in different pairs and im only inquiring if hinges on other pairs would be allowed only because they may not technically be UP from the way they're quoted (EURUSD, GBPUSD, AUDUSD vs say a USDCAD,USDCHF, USDJPY pair).

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