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Yuchen replied Nov 30, 2011VennD — Hi glasses boy, i hope you did well for your USD/CAD hedge trading. I shorted AU for scalp at 1.0293 today and s/l b/e now.. it may s/l later and AU may still have room to up but i agree with you that AU might fall next week and if it ...
USD/CAD
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Yuchen replied Nov 30, 2011how are you doing orange boy? My long from 3317 was s/l at 3479 this morning when i moved up my s/l and i am very happy with that. I am waiting for long EUR/AUD now.. did you take part of your long as well? Even not you still in good profits and i ...
EURUSD
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Yuchen replied Nov 30, 2011we will see, i did not enter yet but i put a buy limit at 1.3100 for now
EURUSD
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Yuchen replied Nov 30, 2011By the way, for any patient trader, i recommend you could try a long on EUR/AUD around 1.3100 level at set s/l at 1.2900 and t/p to 3900. if you are uncomfortable with this 200 pips s/l, you can reduce your trading size as 1/5 or 1/10.. which means ...
AUD/USD
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Yuchen replied Nov 30, 2011looks like 15 mins MACD is confirmed, i move s/l be and let it run, will close half if it could reach 1.0213
AUD/USD
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Yuchen replied Nov 30, 2011i think it sounds a good idea, i will just try a 0.01 lot with s/l at 1.29, will add one more position if it breaks 1.3280
EURUSD
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Yuchen replied Nov 30, 2011i see, it would be interesting to see AUD/USD drop to 0.80 area... if it could drop to 0.6XXX, should be a good place for people to go long for swap interest rates at long-term.
AUD/USD
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Yuchen replied Nov 30, 2011try a 0.02 lots short at 1.0293, s/l at 1.0353, let's see if 15 mins MACD will confirm a divergent to 20EMA for further drop
AUD/USD
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Yuchen replied Nov 30, 2011If the reason you think EU will back to 32XX soon only because of you are shorting, that is not a proper way to trade, do not analyze it on your direction because of you were trading on that direction.
EURUSD
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Yuchen replied Nov 30, 2011I see.. very good analysis, this could explain why AUD and CAD appreciate a lot to USD... so in another words, the up for EU is more likely caused by drop for USD at this moment than the optimistic to solve Euro crisis... Especially EUR/AUD and ...
EURUSD
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Yuchen replied Nov 30, 2011Looks like the 3420-50 resistence is clear broken. I suggest do not try to short until 3610, it is very possible to test 3610 later this week.
EURUSD
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Yuchen replied Nov 29, 2011are you serious?? I think he is not too bad and i feel his analysis for market looks insightful... his name is forexings
EURUSD
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Yuchen replied Nov 29, 2011ya, scalp is so hard for me and i have large pressure when i scalp.
EURUSD
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Yuchen replied Nov 29, 2011EU stopped aggressively falling and it is swing for a while now after Babie got blow his 1 dollar account with his long EU....
EURUSD
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Yuchen replied Nov 29, 2011i think if he use 10 pips s/l, when he has 10 pips profits or 20 pips profits, he will move his s/l b/e or use a trail s/l 10 pips, so he might will still get 20-30 pips. people may not change their t/p at a trade but i think most people will change ...
EURUSD
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Yuchen replied Nov 29, 2011i see, i have a 0.02 lots long at 1.33179 since yesterday with 200 pips s/l and aim to 38XX level, too... i will add another 0.02 lots if a 4H chart can close above 1.3457. So i have 40 dollars risk now and let's see if it will still survive after i ...
EURUSD
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Yuchen replied Nov 29, 2011so ambitious !!! did you enter your long at 1.32XX level already?
EURUSD
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Yuchen replied Nov 29, 2011It depends, I usually use 4H chart to determine the direction and 1H chart to find an entry point, also consider fibonachi retracement and former high/low so sometimes i hold it for 3-4 days or couple weeks.. The idea is you do not add any lots when ...
EURUSD
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Yuchen replied Nov 29, 2011trade mid-term with small lots around 150 pips s/l is better than scalp and add more lots when you were losing...
EURUSD
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Yuchen replied Nov 28, 2011EU may continue its down to 3150, however, 4H chart also showed reversal risk to the way back 3800. It tested 3395 and failed to form a tempory double top today, more resistence are at the 3411 (last week's resistence after 3422 broken) & 3422 (last ...
EURUSD