EUR/USD & GBP/USD & AUD/USD Forex Trading

Discussion in 'Forex' started by increasenow, Jul 13, 2009.

  1. thank you and I receive this...when you say support, resistance etc...do you refer to daily pivots s/r?...4 hour chart pivots s/r?...daily charts pivots s/r?...thanks...
     
    #211     Jul 24, 2009
  2. I've got these cross rates up on my trading screen/platform now:

    AUD/USD
    EUR/AUD
    EUR/CAD
    EUR/CHF
    EUR/GBP
    EUR/JPY
    EUR/USD
    GBP/CAD
    GBP/CHF
    GBP/JPY
    GBP/USD
    NZD/USD
    USD/CAD
    USD/CHF
    USD/JPY

    totally researching these...totally pumper for trading this week...which cross rates are you looking at trading this week and why?
     
    #212     Jul 26, 2009
  3. EUR/USD, EUR/JPY, GBP/USD, GBPJPY, USD/CHF, USDJPY

    That is really all I have ever found necessary to find decent trades daily. However, I will probably do most, though not all of my EURUSD, GBPUSD, and Yen trades using the 6E, 6B, and 6J now that FXCM has disabled auto stop losses and limit orders.
     
    #213     Jul 26, 2009
  4. I'm just trading the rasbuknik this week, I think it should do very well.
     
    #214     Jul 26, 2009
  5. don't you seriously trade the GBP/USD solely?...just curious...thanks...
     
    #215     Jul 26, 2009
  6. cool stuff...thanks...
     
    #216     Jul 26, 2009
  7. studying out which ones are at key support or resistance levels...this, in combination with key overbought or oversold indicators...thus, a 'recipe for pip profit'...got 15 rates up to view...therefore...more options...
     
    #217     Jul 26, 2009
  8. not included are:

    GBP/AUD
    GBP/NZD
    EUR/NZD
    ...why?

    their bid/ask apreads are as huge and wide as the 'grand canyon'....:D
     
    #218     Jul 26, 2009
  9. Yep, I seriously trade, I don't often trade just for a laugh, but not solely Gbp/Usd!

    You're watching too many pairs anyway, you want to learn 2 or 3 at most when you start out, 15 pairs is crazy, half of the ones you listed are (inversely) correlated so you're pretty much trading the same move.....not that you'll take any notice of course :p

    Anyway what did you think of the rasbuknik, great ain't it!


    I'm done for the day, too slow for me....

    16 trades, 15 wins +55 pips, 1 loss -1 pip, total +54 pips

    [​IMG]
     
    #219     Jul 27, 2009
  10. awesome trading...wowsers
     
    #220     Jul 27, 2009