Aussie pairs are climbing and may hit major resistance. Get ready for shorts.

No Brainer Trades

I prefer diagonal channel lines in a longer term trending line unlike E/U which appears to be quite choppy for the last week or two. G/J could pop out either way although possible bull wedge forming.

No Brainer Trades

This thread appears to be a good wake up call for getting back to good old P/A, support and resistance, and patience. The A/U trade looks interesting if price reaches 9470's - definitely at 9500. A/J right now at 98.80 looks like a decent short. ...

No Brainer Trades

What does that mean?

GBPJPY scalpers

I think the statistic is around 95% of traders.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Do you take into consideration the "trend" - hourly, daily, etc. when looking for setups?

Scalping the pip out of it

B of A in 1 minute....

Auslanco - GBP/JPY and GBP/USD (newstrade)

Nice trading....$$$

Breeze....Update on GBP/JPY

A few factors for consideration - U/J expected to hit 103 before massive shorts kick in and lets not forget Friday earnings reactions which will be the true market indicator for the day.

Scalping the pip out of it

Morning pre-market earnings announcements - watch Bloomberg while trading

GBPJPY scalpers

Have no idea what you are talking about?????

It's impossible to lose money in Forex!!!

Now that will definitely get some badly needed attention on this thread!

Scalping the pip out of it

Good morning/evening - how are the longs?

Breeze....Update on GBP/JPY

Sometimes is nice for a break from the crazy G/J. Load up on $$lots for less pips but high profits. Took average 8 pips today multiple times which I think was comparable to 100 pips G/J with alot less stress.

Scalping the pip out of it

Ever try scalping EUR/GBP?

Scalping the pip out of it

Go to www.actionforex.com and plot their daily pivot/fib levels and judge for yourself how the market moves related to these. If you are new to trading do not open account with more than a couple hundred bucks that you will be sure to lose.

Support & Resistance Level (help needed)

I think that pretty much sums it up.

Is the market random or not ?

Actually I would imagine alot of these systems can work to get you into positive pips. Pick any of these systems with 10 traders and a few will make money and most will not. It is not the system that eventually makes a successful trader, it is the ...

We're all saying the same thing

Random - an occurrence without reason or pattern. No way is the market random. GE earnings this morning tumbled currencies. Was that a random event happening within seconds of the announcement? How about the dollar losing value - random action or a ...

Is the market random or not ?

Got up this AM with the computer running ready to go and I heard the lady on Bloomberg say GE disappointing... and immediately hit the sell button right at the top of the big drop. Couldn't believe I got the news at the same time as the market. ...

Auslanco - GBP/JPY and GBP/USD (newstrade)