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Clouds replied May 6, 2008Sometimes I put S/L 10 pips away, and it works sometimes. I don't want 100% success rate on my trades, but I want lose very little when I make a trade that goes against me. It depends on having good entry. Then I move my S/L to Break Even, then to ...
EURUSD
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Clouds replied May 6, 2008Nobody knows for sure where they market is going, but they all know for sure, that they want to make money. Just put a reasonable S/L, so you can trade again.

EURUSD
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Clouds replied May 6, 2008I know this pair isn't in thread, but GBP/AUD looks interesting now...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 5, 2008206.93 is very tough to break also.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 5, 2008This pair can be unpredictable even during London. JPY is tied to the stock market, which you should know is unpredictable. Unless you are a stock trader. Other more predictable pairs with less spreads, usd/chf, gbp/chf, and others, anyway. Yes ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 5, 2008In my opinion, London is the only time to trade. New York is like trading with a bunch of crack addicts. Also look at other pairs.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 5, 2008I've 3 Theories about GJ. A) Daily Chart - This March, It went from 195 to 205 back to 200. Then it went up to almost 210 and may drop to 205 before going to 215. B) Weekly Chart - September of Last Year - When it went from 220 to 240 then dropped ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 5, 2008We ranging from 206.5 - 207.20, until London. Anyone else agree?
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 5, 2008I don't know, but I'm looking more at about 206 or 205.5
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 5, 2008This pair may stay the same price for the rest of the day/year. : )
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 5, 2008Bull news in a bear market doesn't do much...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 5, 2008If you look at a weekly chart, it looks like we bounced off the 20 Hr, simple moving average, and could be heading to 180
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 5, 2008US equities currently set to open lower based on the futures, could weight on USDJPY and crosses. Food for thought. I'm not sure New York will have the good trading, like London has though.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 5, 2008Yeah, this is like playing bingo. I'll be back tomorrow.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 5, 2008I'm considering waiting for the next London. This is too weird price action.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 5, 2008I got S/L at .50, I got stopped out
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 5, 2008GBP/USD testing lows, USD/JPY steady
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Clouds replied May 5, 2008I feel like we built a sandcastle, and people are trying to make it fall down. And we want make it higher and higher.
Auslanco - GBP/JPY and GBP/USD (newstrade)