My gbp/usd trade based on the weekly was stopped out for a loss. We are ranging now on the pair and so I will be looking for a breakout and retrace to the range. After that happens, I'll be entering a trade again on the pair.

MW's trading journal

Don't forget that, every once in a while, trend reversals come off of areas of consolidation. If I see a solid range breakout, I'll be trying to hold for as long as possible as I would assume there will be force to it. The longer a range is ...

MW's trading journal

Thank you gentlemen! It's much appreciated. For the time being, all of my previous trades are still on the table based on the weeklies and the cad//chf shorts as well as the eur/cad longs. Apart from that, I am seeing nothing too tradable. ...

MW's trading journal

Brilliant. People back then thought more into the future than we, in our era, do. We care about the now and not the future. Absolutely brilliant. That's why I love history because you have a chance to tap into the minds of these people that tried to ...

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

These two hit hit my initial targets for 200 pips and 100 pips respectively and the rest of the positions are at B/E. I also took that eur/gbp short and attained 175 pips through it. The weekly trades are still en route to a stop or gain. I added to ...

MW's trading journal

Two more trades being taken tonight are the eur/cad and cad/chf based on the daily pins.

MW's trading journal

The eur/gbp daily is also looking good for a short on a break.

MW's trading journal

On breaks of these weekly pins, I'll be going short on the nzd/usd, aud/usd, and gbpusd. I'll be long on the usd/sgd as well. Also still holding the last portions of the eur/nzd and eur/aud trades until stopped out in profit or getting a real runner.

MW's trading journal

I hear ya on that brother, I'm just glad I didn't trade without the break like I did on that eur/jpy pair. ha I'm not seeing anything particularly fantastic on the weekly charts so I'll just be holding my eur/nzd and eur/aud while ...

MW's trading journal

Well the cad/jpy didn't play out and we never got a break below the pin. The nzd/jpy finally took off and I am waiting for the retracement to jump into this position. First target will be 65 if triggered.

MW's trading journal

Nothing giving on the nzd/jpy yet, however I'm noticing a pin bar to create a double high on the cad/jpy. If we get a break below, I'll be short in this pair. 82.50 will be the first area that I am targeting if a trade is initiated.

MW's trading journal

The nzd/jpy is looking good for a long order here soon. We'll see if it busts off the top of the daily range. If it does, I will enter on a retrace and look for 65 as a target.

MW's trading journal

Well, we saw my initial targets for the eur/nzd and eur/aud play out and now profit is locked for the remainder of the position. I also got stopped out on the eur/jpy position. Why? I got antsy. Antsy trading is losing trading.... D'oh! 75 pip loss ...

MW's trading journal

HA! Then TJLPD deleted his post and made me look like the big dummy. This was trickery!

Looking for experienced trader's advices!

Truthfully, I think this is awful advice to a newcomer- especially trading off the lower timeframe charts. To each his own, I guess. Numbers 3, 4, 5, and 6 are not something to be told to a newcomer. #6 is only bad because you are implying that one ...

Looking for experienced trader's advices!

Yoooo Infinity, what's up my man? Check out the eur/jpy and gbp/chf now. You were exactly right on the retrace to 1.72 for the gbp/chf. I'm waiting for PA now on the 4 hour to confirm direction(My guess is down, although guesses don't make me any ...

MW's trading journal

Whats uppp my man?! I got stopped out at B/E on the remainder of that gbp/chf position. I'm checking out the weekly. One thing to keep in mind is that the past 3 weeks have been IBs to the previous bar. Consolidation zone right now. Your thoughts of ...

MW's trading journal

I'm glad I stayed up to watch. I changed my stop as it approached the high to take out weak stops/gain momentum.

MW's trading journal

The low of the previous 4 hour bar was 2.2955. That's the low of the wick/whole length of candle. To me, those 7 pips are enough to present a breakout on a 4 hour bar. On a longer term bar, I would add a few on to ensure a true breakout off the low.

Trade what you see NOT what you expect

Here we go on the eur/nzd trade. I've jumped in on a break of the 4 hour bearish bar. It looks as if a head and shoulder formation is coming about. My entry was 2.2950. Let's just wait and see how it plays out now. Good night everyone. BTW, stops ...

MW's trading journal