Yes, the trouble is, you should be an observer of price action to not let that 50 pip winner turn in to a monster loser. Unfortunately, this can take years to master, which is why so few become good at it. Having an arbitrary pip target is a ...

Do you let profit turn into loss?

Hmm. OK. Sure.

What do you think Professional Forex traders Make?

The Holy Grail is discipline and trading S/R breaks with MM. It takes (for me at least) many years to come to the realization. The Holy Grail is an "understanding" of how the market moves. Also, trading about half as small as you think you should is ...

Do you still believe in the perfect trading system?

Why you guys step in front of freight trains, I will never understand.

Cable Update (GBPUSD)

Not...at...the moment.

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

That's slightly relevant, as other dailies close at different times...mine on the 7PM Eastern hour. I think its perhaps more important to view groups of candles and ascertain what sort of formation they would make if they were one candle. For ...

Cable Update (GBPUSD)

I would much contend that 127 is the lowest you're going to see for a while. Got my long in at 128.80.

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

Good luck with that.

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

Just to share another I've learned over the past ten years of trading....sometimes you have to trade your account balance and not the markets. If you're up 20%, best to close. The markets will always retrace and do their own thing. Sometimes, you ...

EURUSD

Ah, I just closed out everything in profit. Still seeing dollar longyness, but don't want to get screwed overnight. Daytrading is easy anyways, tomorrow, or next week. Opportunities always abound in the forex. Nighty-night, Gents and Ladies.

EURUSD

No target. I only use stops and price action to tell me when to get out. Been holfing EUR short, GBP short, USDCHF long, and USDCAD long for a while though. USDCAD and USDCHF just broke out north, so I need a serious signal to get me out. Of course, ...

EURUSD

USD long across the board.

EURUSD

I've been short for a while. Short EUR, long USDCHF, and long USdCAD. Its always good to keep a basket and not rely on one currency. A basket can save your arse.

Cable Update (GBPUSD)

The size of my belly today is astounding. I'm thinking of shorting it.....

Cable Update (GBPUSD)

She's poised to break pretty hugely north. I'm glad to see a forum on something other than GBPJPY, cable and the euro. Maybe I'll start one on the loonie. Happy trading.

USD/CHF

Well, there's no guarantee of it hitting the TL again, so why not short now? and add to the position IF it hits the TL again. Its already showing downward momentum, no? I think most new traders rely too much on prediction and should focus on what's ...

EURUSD

It was fun being a bull. I knew I wasn't the last one. Later, Gators.

Cable Update (GBPUSD)

Well, after being heavily bullish earlier, getting out at the sticks up north, and watching price drop down to the previously broken trendline and bounce off for the past few hours, my Bulldar is pinging. I've got a light position, but getting ...

Cable Update (GBPUSD)

Am I the last bull?

Cable Update (GBPUSD)