it seems 1.0225 is a solid support so i place a sell stop at 1.0215 with 30 pips s/l. i think if it successfully break 1.0225 it could have another 100 down or even test 1.0050. but for long trend, it is bullish.

USD/CAD

Because in my opinion, GBPUSD is a downtrend for daily and weekly chart. It maybe bounce or may not and i think a solid support for GU is 1.5330 so if you long it here it will take 200 pips risk for a 200 pips potential gain which is not worth in my ...

Cable Update (GBPUSD)

i heard a rumor if UJ keeps above 76 then it will be fine, however, if UJ broke 75.9 then BOJ might will take a big intervention. i think if it break 75.9, it maybe a good idea to have a buy stop order above 76 so you can make a big kill if they ...

USD/JPY Discussion

i think his recommendation is not bad, sometimes he does say some curcial points gives people some help, but the way how he acts is kind of arrogant... he usually laughes inexperience trader such as keep adding short when the trend is bull, but i am ...

EURUSD

If you could do that for 10 years that would be a lot. But even if you have a large account balance and trade with small amount, it is still hard to gain 2% steady growth rate every month. your trading volume may not proportional to your account ...

EURUSD

I am wating for GU test 1.5750 then i will sell it with 100 pips stop and look at profit to 1.5100 area. I already put a sell stop order at 1.5310 with stop at 1.5360 and target 1.5100, too.

Cable Update (GBPUSD)

Be patient wait for this pair back to 2030-50 area and start long with s/l at 1980 again !!!

EUR/CHF

Good point, i agree with you. I had a small short at 1.0360 with s/l at 1.0440, looking forward to see if it will drop down 1.0220 then will possibly add another short and to see if it will test 1.0050 area. I think for the long run, USD/CAD will ...

USD/CAD

not a bad idea... seems 3580-3600 area was last week's support before FOCM and it was also yesterday's high and 50% from 3790 to 3360. EU normally moves 230 pips as maximum per day so around 3590 should be a good idea ,but not sure if it will ...

EURUSD

just back from a meeting. i saw there was a 70 pips jump for EU about half an hour ago. What happend? Any news or speak?

EURUSD

65??? maybe not... just like CHF, when it appreciated to a certain amount, SNB took intervention. BOJ might do the same thing...

USD/JPY Discussion

EU has important support around 1.3335 to prevent it drop to 1.3000

EURUSD

Ya, i draw a 4H trend line from last weeks low and it shows 3620 should be the bottom at this trend line. As you set the stop at 3580, i assume u use this week's low as your stop, as well as the ratio for your risk/profit based on your target, right? ...

EURUSD

you serious??? at least put something, such as the max money you could lose for this trade....

EURUSD

thanks

EURUSD

3620 is comming... where are you gonna to set your stop orange boy?

EURUSD

You serious? I dont think you are allowed to trade if you are under 18...

EURUSD

cool. May next time you can try to set a stop around 3760 and waiting for FOMC, so you risk 20 pips but if there is a big up move then you will make a big kill !!

EURUSD

so you think the meeting will create a big spike and then bounce back ?

EURUSD

Well i agree with you that too many indicators are not good (I personally just use Moving average and Fibonachi retracement). But everyone has their own trading strategies and do not try to express the way sounds like that you are smarter than other ...

EURUSD