These are fresh yearly highs

USD/JPY Discussion

USDX down, SP500 up 1690/95 is a demand level & half of yesterday's move has been retraced off that level & the NY traders aren't even in yet.

All Majors and Gold

Up up & away

All Majors and Gold

Possible squeeze here this puppy could go for a couple of days.

All Majors and Gold

Looks like a big squeeze on the daily gold chart.

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

Heng Seng is up over 2.5% on the day.

USD/JPY Discussion

I think a lot is going to depend on the bigger picture. How is market going to react to who wins the elections. Is the fiscal going to be resolved? Is there going to be more stimulus? Is there going to be more QE? Definitely not so cut & dry.

USD/JPY Discussion

Hahaha, I'm ok but thank you. I like the longer term stuff it works for me & makes me money. If you have found something that works for you on shorter term & makes you money then that is wonderful & your way ahead of most. That's the beauty of the ...

Aussie Trading Room and Cartoons Gallery

Real sassy one that one is.

Aussie Trading Room and Cartoons Gallery

There was an article on forexlive that Paulsons clients are calling in for redemptions & he has to satisfy them & he has a huge gold position so basically he's being forced to liquidate.

AUD/USD

Which is completely fine that what suits your style/personality of trading. The majority of my daily trading involves tighten stops & booking profits & the occasional add in. My trading day consists of mostly trade mgmt of the positions I'm in. If I ...

Aussie Trading Room and Cartoons Gallery

I don't ignore trend lines if look at some of my previous post I draw them as we'll as channels but trying to be to precise ends up getting stops hit. I definitely focus mainly on supply & demand but then when I'm managing my trade I pay attention ...

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Some ideas I may risk .5% others might be 1.25% others could be 5% if I'm looking years ahead. It all depends on how long I think it will take to get where I think it's going & time of year, volatility. Do I have other positions on. Am I also ...

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For my style of trading I'm am only interested in shorts from higher levels because I want to hold the trade longer term & ride it all the way down so it get very expensive paying swap waiting for the idea to get confirmed. My plan right now for ...

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I don't think you understand what I'm saying I don't risk 10% on an idea. This risk 1% or 2% is not real world trading. I risk a fixed $ amount that make sense with my account size & I'm comfortable losing. My stops rarely get hit & they are ...

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Definitely no scalping here, not that I don't think it's not profitable it's just very difficult to master & if its not done properly losses will add up very quickly. It's also much easier to over trade when your scalping. I will add in however when ...

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Absolutely not there is no set % of risk every set up is different. I make my decisions based on a fix $ amount I feel comfortable risking on the idea. Then I figure out where my SL needs to be & I'm able to determine my lot size from there.

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I was reading the same things. At this point I'm just watching the PA & looking for levels to be broken & taking pieces off along the way. If we do get a solid break & close above some higher levels we should get a pullback or consolidation shortly ...

USD/JPY Discussion

Minimum 1:3, trades last as long as the market is confirming my idea it could be day, weeks or months. Stops are based on volatility of the pair I'm trading. I don't jump in all at once I do it at different levels that I'm interested in & different ...

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Agreed, we should definitely see a serious move in one direction or the other in the next couple of sessions.

USD/JPY Discussion