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jayjb replied Mar 14, 2012While AUDUSD is dropping like a rock, AUDNZD is flying like a rocket
AUD/USD
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jayjb replied Mar 14, 2012Yes, hope is what kills a trader, SL should never be shifted unless it is to lock in profits. If you get stopped out, good. You learn from your mistake, not let it run loose.
AUD/USD
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jayjb replied Mar 13, 2012Phew, thankfully I made the right decision to keep my short from 1.0544
AUD/USD
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jayjb replied Mar 13, 2012Thanks, we have the same bear line. The double bottom I had was invalidated following PA from the FOMC, now we just need 1.0560/70 to be a douche when we approach the trendline and we can say hello to possibly 1.03 and 1.025
AUD/USD
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jayjb replied Mar 13, 2012Silently making it's way to the bear line.. not how I had expected it to, but EURAUD already gave me a signal to long in the face
AUD/USD
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jayjb replied Mar 13, 2012I don't see any double top, just a double bottom on the hourly chart at best plus there's bullish divergence on the h4, wouldn't go short until at least 1.0470 is broken and retested. This level also happens to be the fib 38 retracement of the ...
AUD/USD
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jayjb replied Mar 7, 2012H4 shows me indecision, with a bullish divergence but price is looking likely to be capped by the bearish trendline. EURAUD on the other hand has already dropped 45 pips since 1.2475
EURUSD
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jayjb replied Mar 6, 2012You should just get a day job, do part time trading, the way i see you trade, you're too eager to be profitable long term. It's barely halfway through asian and you're already 3 trades in, besides your SLs are too small. Plus you're trading s/r on ...
AUD/USD
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jayjb replied Mar 5, 2012Think calmly, when I started out I had no patience no discipline. But I decided to set and forget. Plus I always wait for the candle to close so while trading H4, i've saved myself from many false breakouts. Don't think about targets. My achilles ...
AUD/USD
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jayjb replied Mar 5, 2012Well if you're gonna be trading price action, only daily and sometimes h4 give solid signals and it takes a lot more patience for wait for confirmation and entry.
AUD/USD
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jayjb replied Mar 5, 2012Which is why I have reverted to my original methodology, I thought sticking to one pair was good enough, but I realised anything less than 4H loses me money. Went back to high TFs so I have a lot of time to look through multiple pairs to look for ...
AUD/USD
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jayjb replied Mar 5, 2012Possible yes probable no If you could capture 10% on a regular basis per month, you shouldn't be here but on wall street and you wouldn't be trading a demo account
EURUSD