Not saying you won't ever lose pips, but that is your most important thing to keep safe. Dont worry about profit, just worry about loss. Place trade when time is right, set SL, then as it goes in your favor move SL to break even. Anyway, I dont ...

Hedging the Retrace

My advice is don't hedge, Don't give away any pips. Keep them all. Do not lose pips, Ever. Reflect on the trade before entering, make sure it's right, then keep the pips with SL..

Hedging the Retrace

Well, then you can get in to a trade, then set SL to BE after 20 pips or so of profit, but the biggest gains are the trades you sit on for 1-2 weeks, and get 1000 pips, and just move S/L to comfortable level of profit. Better to have 1 good trade a ...

Hedging the Retrace

Anyway , why don't you just want for a retrace , and enter then. Even if it means missing a trade. The most important skill to learn in forex is patience.

Hedging the Retrace

Do you hold trades for a day, week, 2 weeks?

Hedging the Retrace

For what it's worth, Nikkei is positive. Seems like a range 204-205 for the next few hours.

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

Ok, maybe this pair go down. Maybe not. Maybe UJ go down. Maybe not. Likely GU will go up. AU is going down. UJ might go down. AJ = Sweet!

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

aj bye bye

Aussie Pairs

Just did.

Aussie Pairs

I was looking also at AUD/NZD, wonder if there will be a reversal soon.

Cesarnc's market talk, gossips, rumours & fun

Look at eur/aud and gbp/aud -Daily. NZD down!

Cesarnc's market talk, gossips, rumours & fun

Check out EUR/AUD, looking bullish

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

Daily Chart - UJ from 96 to 105 (current uptrend) it's made 3 dips. So now it's going make the first double top? The last dip to 102.5 happened after it went from 100 to 105. Not to mention, the USD is now killing all currencies.

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

Yes , but, if GU going up, and GJ goes down, that means that EJ, UJ, CJ is all going down, I don't see that happening this month. The JPY-crosses just finished a dip, stock markets are strong, so can we resume the uptrend? Don't get me wrong, ...

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

Do you think UJ going down?

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

But you're long GU

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

Wonder if we would learn something if we studied other JPY-crosses channels.

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

Im still bias long for the week, but Nikkei should let us know this evening.

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

Watching?

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

The top-tier inter-bank market accounts for 53% of all transactions. After that there are usually smaller investment banks, followed by large multi-national corporations (which need to hedge risk and pay employees in different countries), large ...

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