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Yuchen replied Dec 2, 2011yeah Tom's chart looks good and easy to understand. Micho never post chart and any analysis but just post his trade, however, there is no obligation to follow his trade... i just dont want to see people call each other idiots or stupid here, hope we ...
EURUSD
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Yuchen replied Dec 2, 2011well, some people give a very insightful analysis some people just say i long at XXX, i short at XXX.. but a trader should have their own ideas and you can use other people's opinion as a reference but eventually you need to trust yourself... he is ...
EURUSD
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Yuchen replied Dec 2, 2011i use daily, 4H and 1H I have a plan to long EU at 1.3425 with 25 pips s/l and t/p open if it could reach to there in the next 3 hours (i highly doubt if the market will have a more than 50 pips move on each side at the end of today). The reason i ...
EURUSD
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Yuchen replied Dec 1, 2011update my long term trade for EUR/AUD — had a 0.01 lot long position opened at 1.30998 yesterday, currently had some pips, not too bad, but 4H is still not broke downtrend line, will watch it carefully and s/l still at 1.29000, t/p 1.39000, ...
AUD/USD
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Yuchen replied Dec 1, 2011for super short run, swing between 3420 and 3520 for short, mid term run, i think the resistences are 3615, 3777, 3920, 4240, supports are 3320, 3220, 3140 and 3000 for long run, i dont think it can keep above 4400 but it may keep below 1.2880
EURUSD
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Yuchen replied Dec 1, 2011Exit is more important than Entry in my opinion... I can always find not bad entry point but exit with a bad exit point.
EURUSD
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Yuchen replied Dec 1, 2011ya, i am not good at setting a tp.. always close manually or hit s/l i had a t/p made me regret a lot.. i had a long EUR/CHF at 1.1030, s/l at 1.0090, i was thinking if i should set a t/p before i sleep, after thought it for a few minutes, i decided ...
EURUSD
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Yuchen replied Dec 1, 2011Thanks, looks interesting. NFP is 8:30am for me so it is a good time.
EurAnalysis
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Yuchen replied Dec 1, 2011Yeah, you are right. The good long-term traders move s/l when they have large profits and when they see it break significant resistence/support, then they also add more position when they are winning and usually they are in the correct trend so ...
EURUSD
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Yuchen replied Dec 1, 2011lol... 9700 is a big number for me! Xmas can move crazy !! I am not too worried about USD/CAD to keep dropping down if i got the opportunity to long at 9700 because i earn CAD if it drops lower than 0.7 i will blow my account but then i can go to US ...
USD/CAD
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Yuchen replied Dec 1, 2011Hi Aaron, I looked at Heikin Ashi candle for 1H chart but i dont understand the chart. I only see some filled and empty bars and I dont understand the price, it seems different as the market price. can you show me some pictures for your strategy? ...
EurAnalysis
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Yuchen replied Dec 1, 2011It is very good, i missed the best short opportunity for this pair on Nov 25th and i was waiting for fill the gap on monday so missed the waterfall.. My long plan was triggered yesteday at 1.3100 and it looks not too bad, 4H shows a divergent MACD ...
EurAnalysis
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Yuchen replied Dec 1, 2011I am still waiting for my long term plan to buy USD/CAD at 0.9700 level, lets see if it can get there before Xmas

USD/CAD
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Yuchen replied Dec 1, 2011I heard some professional traders who aim to 1000+ or even 3000+ pips never usde stop-losses, however, they trade super long term and based on monthly, weekly chart. The minimum time frame they use is dayly chart and they will cut their loss when ...
EURUSD
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Yuchen replied Dec 1, 2011I am not a gambler trading for intervening. I already have some long terms plan to trade on a few pairs and i will do my plan when the time comes. I need to wait for the time comes and i will disucss usd/chf when it really drops to that price, it ...
EURUSD
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Yuchen replied Dec 1, 2011i see, it seems i was talking about day trader, not scalper.... I am very bad at scalping so i prefer to mid or long term trading.. sometimes I try day trading as well...
EURUSD
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Yuchen replied Dec 1, 2011very possible, i hope it will drop to 0.8700 then i will enter a long-term long for USD/CHF at that point.
EURUSD
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Yuchen replied Dec 1, 2011i think scalp is different as a mid or long term trade. if you do a 0.1 lot scalp, with 20 pips loss and 80 pips tp, so you risk 20 dollars and you can earn 80 dollars another trader try a mid trade, he has a 0.02 lot open, with 100 pips s/l and 400 ...
EURUSD