GBUSD long update — First profit taken at +40 points a nice 2.5:1 RR, then I moved stop to breakeven and let it ride. Price came down and took out the SL, then price reversed back up to where I would've had my final, and big, profit target ...

Stoch divergence and S/R journal

EURGBP shprt from yesterday-final profit taken — Am twitchy as this trade is against the strong move upwards and price is resting on /near some TLs (see below). Final profit taken at 0.8590 (approx 60 pips). Not a great RR ratio on this one, I ...

Stoch divergence and S/R journal

GBUSD long update- 1st TP reached — @ 1.5898 (take some off the table at an 00 number). SL moved up slightly-no free trade yet. Would like to see this move up to 1.5950 but might not happen in this session

Stoch divergence and S/R journal

EURGBP short update — 2nd TP reached at .8600 Am still in 50%-stoch divergence is a strong signal-I like to take some profits early, but like to leave as much as I can on the table to maximise the risk/reward.

Stoch divergence and S/R journal

GBUSD long — yes it's just before news but.... eurgbp weakness big 15 min divergence less so on 5 min Price 'should' bounce off 15 min resistance. News could f**k this up bigtime though

Stoch divergence and S/R journal

EURGBP hedge buy update...stopped out — Am still short on this so it's working out ok. Ish.

Stoch divergence and S/R journal

Stopped out of EURUSD long — yet another lesson learned....

Stoch divergence and S/R journal

Long EURUSD — Price has moved into resistance, 15 min not showing much divergence but there is some, same with 5 min chart. 1 min chart showing all the signs of a lovely reversal formation. Buy at 1.3677. First example of lack of discipline, ...

Stoch divergence and S/R journal

EURGBP update — Revised first TP level up to .8620 as is in an area of previous Resistance level, Have also taken a hedging bet long on EURGBP, stoch divergence on 15 and 30 min chart which is with the overall trend-see charts below. No ...

Stoch divergence and S/R journal

A lesson in discipline... — Strong divergence on 5 min chart and price is approaching 50% level BUT!!! I don't enter just on 5 min divergence, it's too choppy/interchangeable. I want to see it replicated on the 15 min chart as well. And while ...

Stoch divergence and S/R journal

Ist trade, short EURGBP at 0.8650. Reason-massive stoch divergence on 1 hour chart, divergence on 30 min chart. Has reached prev resistance (see daily and 4 hr chart). Reasons to be fearful-it is against the main trend so not a perfect trade, but ...

Stoch divergence and S/R journal

went long, out for -3

Central Banks & Big Players

Hi all, I have an Oanda account, am looking forward to trading this system. One question-Oanda has various options on it's charts. Looking at the charts posted on here, would I be correct in thinking that the prices that are displayed, and the ...

Central Banks & Big Players

Just avoid the news. As someone far wiser than me explained, forex, and all markets deal with supply and demand. When supply outstrips demand, prices drop etc etc. What happens during news time is that all the big players pull orders out of the ...

Is Oanda OK for scalpers?

In reply to you 8fingers. I've been trading for 3 years. I wasn't aware that the amount of posts, or how long you've been posting on these forums, was a guide to trading experience. I have various accounts with other brokers, and am therefore able ...

FXCM Micro Account Trading Environment Test

8 Fingers, I'm sorry but I've traded for over 3 months in the London Open session and the USA session (7am ET) and have never traded, or even seen, a spread of 1.5 for the eur/usd. Are you in the UK/what sessions do you trade? As for the cable ...

FXCM Micro Account Trading Environment Test

8 fingers, I've had a live micro account with them (UK account) for a good few months now, and also agree that it's a good platform. As I mentioned in a previous post, I mentioned that I set buy/sell orders at certain market points, and when they ...

FXCM Micro Account Trading Environment Test

"hazelj80 reasons for failure once you get past brokers 1. your system sucks 2. your system doesn't suck that bad, your money management sucks. That means you suck! 3. both one and 2 those are usually root causes. everything else will relate to ...

The Reason why 95% Traders fail

I start 11.00 until 23.00 my time GMT+7, Is it 1 hour before London ? I don't care, but I can get profit during that time (figure that ur self, London time confusing me ) Very different system, oups..., I don't know if this is a system. I know ...

The System II (Yes with irony)