Anything is possible, but we've had 4 months of straight gains for EUR/JPY and if USD/JPY take a tumble below 109 it could drag down E/J with it. I think the weekly chart looks a bit tired in this uptrend, so I am only looking to 130.50 initially.

EUR/JPY

That's a very interesting approach. Have you found this sort of data or market sentiment to be useful to your trading?

USD/CAD

Yeah, I don't normally trade it myself. It was just pointed out to me. I was not aware of the high margin requirement either by my broker so I was eager to get out with a profit. On Wednesday when it jumped back up to 4.13 I was so close to just cut ...

Head & Shoulders in EUR/TRY

I think if you are not already long from 128.80 (Double pin bars) you need to wait for a pullback... but it could continue higher in my view.

EUR/JPY

Cool. I am thinking 1335 first. You know, the Nov 9th 2016 peak. Boy did I wish I had shorted that beauty!

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Subscribed. Yaaay! A fellow 1h TF trader, how wonderful! There is so much valuable information to get and interpret from the hourly charts and you can get some impressive risk/reward trades going (Sorry to use the imp... word again). Keep up the ...

Consistency Journal

I think XAU/USD will break 1300 this coming week. If that happens, where would the market be heading to in your opinions?

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Well, I guess not :-) I did take a sell position but took profit in 4.0950 because of the Euro strength late Friday. From my short in 4.1250 it still netted me a healthy profit of +300 pips Quite nice

Head & Shoulders in EUR/TRY

Dear All Hope you have had a nice Easter. I have had a break from the FF forum, mainly because of some irritating messages and bad karma, but also to just focus on my life and do good trading. I have had some interesting days these last few months ...

SophieFX's Journal

Out in 10.125 for -0,25%

SophieFX's Journal

I have bought DAX @ 10.150. SL 10.100 (50 points). TP open. Risk 1%.

SophieFX's Journal

Argh, spooked out in 10.115 for +80 pips / +2,13% I think the double position made me a little unease. But great breakout to catch just before the weekend! Stay safe all!

SophieFX's Journal

SL moved down to 10.195. Risk free.

SophieFX's Journal

Thanks, I have jumped in short again on the DAX this morning. Update: Short @ 10.195. SL @ 10.270. TP open. Risk is 2%. Descending hourly formation, entered on the break of multiple hourly lows. Previous very bearish and engulfing daily bar. ...

SophieFX's Journal

A financier AND a cook. Wow...

My trades (afterwork)

Trailed stop hit @ 10.217. +43 from 10.260. Result +0,41% +15 from 10.232. Result +0,30% Total eqty gain +0,71%. Learning points: I had correctly identified the 10.160 area as significant support area. Bearish bias is intact.

SophieFX's Journal

Trailing further down. Stops moved to 10.217. If 10.150 breaks with volume and conviction, it could drop fast!

SophieFX's Journal

Stop for position 1+2 moved down to 10.230. Both trades are now risk free...

SophieFX's Journal

Stop moved to 10.280. Risk is now just 20 points = 0,19%. Short on new position 10.232. SL 10.282 (1R=1%=50 points)

SophieFX's Journal