Ok so I did not pay attention when I quickly created the account about Oanda's fixed margin policy and turns out 10% equity per trade risk is a no-go. It's fairly annoying because I picked them for their direct myfxbook connectivity and the only ...

EURUSD Experiment - Monthly Binary R:R=1 with R=100 pips

Anyone thinking of taking a short AUD ride around 0.6527? Or 0.6558 perhaps if broken?

No Brainer Trades

Hmm.. decided to play it as the 38.2% ret of the PB was at 1.2768 for me, which, with last Friday's low at 1.2766, seemed significant enough. Low came out to be 1.26770 on the next bar, therefore my limit buy was never filled... can't be mad for ...

james16 Chart Thread

Burst through it without a doubt. Now en route to 1.2787, but big momentum and BB to speak in 5min.. beware, vol is lurking Id say.

No Brainer Trades

Yeah it's definitely possible. Where are indeed a bit close at the moment though so perhaps 1.2787 is another level to look at. Like me, you have it as a Fib confluence zone, plus it is Weekly R1 almost to the pip.

No Brainer Trades

AUD/GBP — What about this one? Anybody else on it?

james16 Chart Thread

Nice one to wait one for on GBP indeed. Like ghous I would feel more comfortable with a short trade here overall. Last time we dipped below 1.40 in late January price was capped and quite choppy as it gravitated towards 1.35. I would expect ...

james16 Chart Thread

Yeah no I understand that's why I asked if anyone was "watching".. there are still 2hrs before the close of this 4h bar. And if it does close below it would have retraced from 61.8% to a level below 50%, which I thought could be interesting.

james16 Chart Thread

EURGBP — Hi all, Anyone watching possible DBHLC, on 61.8% Ret for EURGBP? The thick red line is weekly pivot R2 which could contain it though.

james16 Chart Thread

See where you were coming from... this was strong resistance, so could turn into support now. Fancy long above 1.301

No Brainer Trades