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Yuchen replied Aug 30, 2011But after SNB intervention and all pairs against CHF move up 1000+ pips in the last 2 weeks might will scare people keep shorting USD/JPY aggressively so that's why USD/JPY did not really move that much these days.
USD/JPY Discussion
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Yuchen replied Aug 30, 2011I heard some rumors said EUR will go stronger cause tmr is the last day of Aug but we will see. i prob will not trade until friday. Maybe long on small lot for UJ if it reach to 76.40
EURUSD
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Yuchen replied Aug 30, 2011i see. i will wait for FOCM and then see what will happen. may not trade today if i feel the market is so hard to read.
Cable Update (GBPUSD)
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Yuchen replied Aug 30, 2011So you think it is a good idea to long GBP/USD and stop at 1.6240?
Cable Update (GBPUSD)
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Yuchen replied Aug 30, 2011I had same experience when i just started to trade 3 years ago. you need to look at the chart and possible support/resistence. i feel MA is very useful for a new trader. New trader usually likes to buy when price drop and sell when price goes up, ...
EURUSD
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Yuchen replied Aug 30, 2011omg.. dont you feel it is so tired and nervous when you trade like that? why dont you trade based on some littel bit longer time chart such as 15mins or at least 5 mins, lol. by the way, if you actually trade like this super short run why do you ...
EURUSD
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Yuchen replied Aug 30, 2011Ya as long as you have your plan and set up reasonable stop with low risk amount, everything is good. btw, you trade base on 20 EMA ?
EURUSD
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Yuchen replied Aug 30, 2011You play with super short run?? like u trade based on 1 min chart and set 5-10 pip s/l ????
EURUSD
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Yuchen replied Aug 30, 2011If it is a bear direction market, you could do that. But it more like a range trading market these days so it would be very dangerous for you to short it now. Especially 30min MACD is divergent to 30min MA and if 4440 breaks it will form a tempory ...
EURUSD
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Yuchen replied Aug 30, 2011I guess, EU probably will swing between 4330 to 4540 before NFP and might get a clear direction after that. Another important point is around 4465. It was Aug 28th low then bounce up to 4540 and it is 50% retracement between 4540 to 4380 so that ...
EURUSD
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Yuchen replied Aug 30, 2011If you looked at daily chart, 4370 could be a solid support and then 4330 would be very very crucial to prevent EU started to drop aggressively in a very short run. I long small lot at 4410 with s/l 4370 and t/p 4530 and also pending a sell stop at ...
EURUSD
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Yuchen replied Aug 26, 2011Ya, i have a small buy limit order at 75 with 50 pips stop. will hold for a while if it could trigger in the future.
USD/JPY Discussion
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Yuchen replied Aug 26, 2011Really?? But what if my order was 1.4520 s/l at 1.4550. Then the market opened at 1.4650 and then they will just automatically move my stop up 30 pips to 1.4680 or waht? I dont think they will open my order at 1.4650 and set the stop at 1.4550, that ...
EURUSD
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Yuchen replied Aug 26, 2011I have two brokers. I know ONADA will trigger at 4520 because it actually did not close on the weekend, just price did not move but you can still close your order if you want. Another one is named 4runnerforex, i have no idea for how they will do, ...
EURUSD
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Yuchen replied Aug 26, 2011just curious, if i place a sell limit order at 1.4520 and it did not trigger today. But there is a gap next week and it jumped to 1.4530, will my sell limit automatically deleted by the broker, or it will still trigger at 4520 or maybe trigger at ...
EURUSD
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Yuchen replied Aug 26, 2011Looks like 1.4330 has a solid support for this week. I set a sell stop at 1.4320 with 1.4350 s/l, wait to see if it will trigger next week.
EURUSD
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Yuchen replied Aug 26, 2011ya, crazy move. almost move back to the price level before the speaking.
EURUSD