Nooo - that would be pushing it for me. I'd say 30-45min is the average.

EURUSD

That's what it boils down to I suppose. I'd rather close it and prepare for the next one and/or be done for the day. But if you found a method that works for you - more power to you! Keep doing it!

EURUSD

That's true and sometimes that does work out. What most likely happens is - it consolidates for a day or 2 then moves again. In the meantime, your trade is locked up in that same move - and I'm on another prime setup on another pair for an easy ...

EURUSD

Sorry - this is getting a little off topic. You can PM me if you like, but let's try to keep the thread clean out of respect.

EURUSD

In a nutshell - the good move is done. For example, the move we just had on E/U. If I was in that trade on the long side (which I wasn't) - it has now moved roughly 400 PIPs. When price pulled back from the weekly pivot and the zone around 1.2850 - ...

EURUSD

I rarely hold a position for a more than a few hours. My get out strategy is based on pivot zones and price movements - so basically it varies.

EURUSD

I don't use indicators anymore - just price action. I wait for really good setups and go in with a 3% risk. Once I hit about 30 pips in profit, I lock in about 10pips profit and let it ride. I move my stop based on the action on the chart I see. I'm ...

EURUSD

Hope it works out! Even though to me it looks like it will make a move up, I'm not trading it. Made some PIPs earlier, but keeping my powder dry for the next short.

EURUSD

You also might wanna check out your H1 charts. You have a PIN there - and a matching opposite PIN on the H1 of the USD/CHF. Doesn't look good for a down move, IMO.

EURUSD

Good call! That's exactly what I'm waiting for to go short.

EURUSD

I'll take the bet. I say we stay in between 1.2750 - 1.2850 range for about 2 more hours before shooting up.

EURUSD

Sometimes you just out of sync with the charts. It's tough, but it usually helps to just turn them off for at least 4 hours and do something else. While you are gone - think back to what you were trying to accomplish and learn from your mistakes. ...

EURUSD

I'm not sure - maybe a fundamental trader can explain it. Good reason to have good stops if you were short though

USD/JPY Discussion

Got 30 pips - was hoping for more, but just not enough movement on that swing.

USD/JPY Discussion

Short just got triggered at 95.60 Let's see what happens

USD/JPY Discussion

Looks like a sell opportunity is forming

USD/JPY Discussion

Hey Steelhead, If you bought about an hour ago, the -160 should be neutralized now right. Things do look like it's going to retrace up for awhile, so looks like you are on your way to being green.

Cable Update (GBPUSD)

Got a potential PIN bar forming on the H4 (feed: ibfx)

Cable Update (GBPUSD)

woo hoo! nice bounce off the weekly. I'll cash out my 65 pips now and stop for the day. good luck to everyone out there!

USD/JPY Discussion

Anyone else trade off the H4 charts? Wish we'd close near 95.20 or a little further. A bounce off the weekly would be awesome for a look for long on the retracement. A 50% fib would yield a little over 100 pips

USD/JPY Discussion