I wasn't trading last night at 7pm when it got hit, but it looks like my 122.50 area was perfect low of EURJPY last night. Shot up almost 250...
Here's screen shot showing how INTENSE THE AUD/JPY trend is. It's days like this that I'm glad I gave up the rat race and trade for a living....
Today's trends were fantastic. This is my favorite tool by far for trading trends. My AUD/JPY I felt was 70% likely to go up and as you can...
You guys may find this useful. NEWS: GBP 4:30 AM est Services PMI USD 8:15 AM est ADP Non-Farm Employment Change...
Good advice. I'm really happy with current results but every once in awhile try to push myself. That 50 lot trade I had on ONCE was very scary...
I just don't feel myself today and had some trouble coming up with likely directions in some of the individual pairs which lead to this analysis....
Please lets not dwell on this. Firstly it makes me feel uncomfortable and secondly this isn't such a big deal. I know a trader in our chat room...
One of my favorite Support/Resistance areas are Fib retracements and Fib targets. Somebody awhile ago seemed to not believe there were auto fib...
Here's an example of a trade I didn't take because the EUR was so strong and JPY so weak. The EUR was trending up on about 84% of currencies and...
My USDCHF level got hit and I put in 25 pip stop and target right under the 50% fib target and went back to sleep. Because it was not TOO weak at...
Currencies I expect to go UP USD/CAD Buy 1.2750 EUR/GBP Buy .8911 to .8887 EUR/CAD Buy 1.6100 to 1.6050 USD/CHF Buy 1.1684 to 1.1675...
Excellent advice and I appreciate you for sharing this!
Excellent advice thank you. I've scaled into positions in the past as they've gone slightly against me but not too much with winning trades....
Yes they are full size lots however for the account size I'm trading its small risk per trade. Many days I usually have 2 or 3 minimum trades...
I unfortunately did NOT trade the USD/CAD. As anticipated the CAD was weak and CADJPY fell and USDCAD went up. Here are areas I would have...
I'll be the first to say often my analysis is wrong, DEAD WRONG and what you THINK is likely to happen doesn't even compare with what is happening...
I traded with Heiken ashi candles for a long time, found them more useful on 15, 30 and longer min bars than shorter ones but you can see in this...
You shouldn't be too impressed! :-) There's quite a few other women in the forex chat room I trade in often. I wasn't always a profitable...
Excellent point about using them in relation to OTHER support/resistance areas. That's how I come up with my levels too and also use statistical...
I'm predicting the CAD itself to be very weak tomorrow which is why I feel GBPCAD, USDCAD and EURCAD should go up and CADJPY down. Trends do...
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