Opportunity to exit well is almost elusive for me now on my NZDJPY long. The last week retracement is trapped again above the consolidation support. Whatever the outcome I have learned a great lesson- taking more position after strong movement.

Simple and profitable trading style

Maybe you PM me, so that we can exchange names. I hope you understand what I mean.

Simple and profitable trading style

Every trader is "lone wolf", a loner.

EURUSD

It depends on the time frames each trader takes position from.

EURUSD

EURAUD, its correlated pairs still retesting strong support

Simple and profitable trading style

I mean the red mark and the blue vertical line

Simple and profitable trading style

AUDCHFweekly already closing/trading above resistance while stochastic is on overbought region.

Simple and profitable trading style

Having bullish or bearish bias strongly depends on the time frames each individual trades. I have observed that a pair can be strong bullish on shorter time frames, whereas it's opposite in the longer time frames- daily, weekly or monthly

EURUSD

Good night

EURUSD

I have been away for some time now from EU. The last daily setup made me to return- Hammer with bullish body, coupled with its reaction to Fibonacci 61.8%

EURUSD

Perhaps manipulation in all these

EURUSD

The red mark is what I mean.

EURUSD

Under normal circumstance hike means more bullish for the currency

EURUSD

They might hike interest rate while we watch the price move the opposite direction. ECB did it in February, 2015.

EURUSD

Yea, BOJ and FOMC have similar concern- making their export products more competitive.

EURUSD

In their last FOMC, some members expressed their concerned for strong dollar. Strong dollar makes their export less competitive in the global market. This was a great concern for Yen until BOJ finally succeeded to weaken the yen. We might see a ...

EURUSD

Great thanks

EURUSD

Please ignore my SL size, as I have always said in the past. I use the weekly candle for SL. The weekly SL triggered will prove that my position was wrong. The daily can easily trigger even when the position is right.

Simple and profitable trading style

As expected AUDNZD continues to retest the 7-month resistance. No doubt that the setup that took the pair there now is strong- using the weekly middle band and the daily upper band, the strategy here

Simple and profitable trading style

Am still working on my good exit point so that "winners "don't turn to be "losers". A trend is our friend when we are able to exit always with profits, otherwise we give back to market what we have already earned with our dedication and sacrifice.

Simple and profitable trading style