I think people place way to much emphasis on it, especially on the small timeframes. It has its uses though, measuring risk, looking for targets.
USD/CAD... close to getting stopped. No trades today at all, will wait until next week. Not many making fx calls. I don't want to...
I cut the UJ for at -10 for a loss, not worth the potential bigger loss if risk crosses drag it down to trigger stops into the weekend. I think we...
sweet... Thinking we might pullback to the 0300's now into the weekly close and/or possibly consolidate here. Watching pullbacks and 1..0424 level.
half off the aud/usd long at 1.0519... letting the rest roll, higher target 0550 after ECB. little profit on stop-out worst case.
If I didn't take that long aud/usd last night and take decent profit at 0530 area, I would probably take half off on usd/cad right here, but it's...
took another long aud/usd ahead of the ECB at 1.0460 after data. stop @ 0420 keeping uj and ucad on. target 0500 area and above.
Hell yea... wish i had bbg anything.
interesting
Hearing from Azumi under 78 UJ. "Japan's government is worried about exports._ BoJ rates are virtually at zero and the central bank has eased...
covered eur/aud @ 1.1696. will look to that again if euro squeezes on ECB and pops 1.1750... took profit on enough aud to pay for a stop out on...
did he leave?
why not? I'll trade anything... I'm not what I would call successful with trading forex, if you're talking about living the big life, flying...
after the China data... another punt :) if you can't beat em'... try and get in where you fit in... will be watching closely...
yea i would have been liked to been long USD/CAD at the low (to the pip) also... i dont even think it printed 0002... well it did but only the...
depending on where we are at i might put a buy limit above market for a shot at 0550 on china data to guys calling trades where are your...
lol, the total opposite of the old adage, let your winners run and cut losses. LOL indeed. Well I'm sure there is a method to your...
cool so on average, weekly trades. Good China PMI tonight = shot at 0550 and TP's.... I would then say we see it trade back down ahead of the...
are you dealing with longer term positions? It's ok to take measured risks and losses. Nothing to be ashamed of there... it's one of the only...
lol good luck man. I think we see a pullback, I would not get long here unless we see some serious action from Draghi and hints of QE from the...
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