:-)

Oddly enough, I also just discovered a trading opportunity on the EUR/AUD, I will be shorting that pair with a limit order (1.4438)

 

This is forming a nice wedge, will be following for a strong breakout today if it continues to consolidate near that 200ema

 

nice, she really started cooking today.

 

Yep, already made over 3K on that trade alone.

Now let's take this baby for a ride and see how far it can go. Riding a trend until it breaks that's my specialty.

In fact the ability to let our profits run is what truly separates the men from the boys...

Enjoy your profits too, Contra

 

If we have strong trend moves letting some roll definitely makes sense, but I think we chop a bit on Euro before a turn and AUD is looking to drop at the highs and do the same, therefor I expect more chop on this pair still. Looks bullish USD right now I think, maybe to early to say.

We'll see what happens, good luck.

 

Looks like the EUR/GBP is about the plummet, at least on my "radar". I just opened a short position at 0.8435 with a tight 30 pip stop.

What do you think Wwatson1 ?

(Fellow traders, this is not a solicitation to short the EUR/GBP, as always trade at your own risk)

 

Watson,

Are those smartphone charts?

 

Yes, nice wedge on the AUD/JPY.

I also just took a short position on that pair, short at 91.40 (20 pip stop).

Come on AUD/JPY, go and make me some money now, let's go !

 

Good boy, over 2k profit (20 pips) in under 30 minutes.

Closing half of my positions and moving the stop to break-even.

Now the AUD/JPY can go to hell I do not care anymore, I have already earned my money and cannot possibly lose, plus the position has still huge potential

 

ucad pippin'