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jayjb replied Aug 9, 2011Due to the possibility of a recession, as the threat of recession approaches, people start dumping commodities and these equity money usually end up as USD first That is why the AUD, NZD and CAD are doing badly against USD Anyway, i have a short in ...
AUD/USD
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jayjb replied Aug 9, 2011Enter shorts for EURJPY and AUDUSD based on H4 DBB EURJPY entry - 110.15 sl - 110.60 tp - 109.25 AUDUSD entry - 1.0165 sl - 1.0235 tp - 1.0045
My Journey to become a Disciplined and Profitable Trader
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jayjb replied Aug 8, 2011But who would have thought the fall would be this ridiculous.. Looking at the PA, it's ridiculous, months of progressively uptrend down just like that..
AUD/USD
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jayjb replied Aug 8, 2011Waiting for my EURUSD ticket to be hit entry 1.4160 sl 1.4120 tp 1.4240 and 1.4280
My Journey to become a Disciplined and Profitable Trader
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jayjb replied Aug 8, 2011Woke up to see my last CADJPY ticket hit it's target and also to see EURAUD hit my first target but I was stopped out before that, seems l entered too early and was too stingy with the SL update: a what would have been 2nd target for EURAUD hit, ...
My Journey to become a Disciplined and Profitable Trader
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jayjb replied Aug 8, 2011Closed the first of 3 CADJPY mini lots at 78.55, 2 more running to .20 and .00 risk free trade now with SL at b/e update, last ticket running to 78.00
My Journey to become a Disciplined and Profitable Trader
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jayjb replied Aug 8, 2011Entered a short of CADJPY at 79.26 SL 79.60 based on previous h4 high and take profit is 78.55 for 1:2 risk/reward double bollinger strategy used here on h4 will be looking to long at 77.9x region for the double zero psychological resistance
My Journey to become a Disciplined and Profitable Trader
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jayjb replied Aug 8, 2011A bullish divergence in daily EURAUD has broken the downsloping trendline, will be looking for a retest to the broken resistance and long from there entry - 1.3825 sl - 1.3765 tp - 1.4000 and 1.4200
My Journey to become a Disciplined and Profitable Trader
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jayjb replied Aug 6, 2011Weekly Outlook - August 7th to August 12th 2011 — I've been trading mostly the AU and NU because I like commodity pairs, they did not swing a lot and tend to stay within a trend for quite some time plus the exchange rate allows me to trade ...
My Journey to become a Disciplined and Profitable Trader
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jayjb replied Aug 4, 2011Steve, i can't quote u as i'm using iphone right now. What you're saying is, you only use 1 method of trading? I'm about to delve further into elliott wave theory and MA, is that a correct direction?
AUD/USD
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jayjb replied Aug 4, 2011This pair is rallying, i looked on my chart that with the sma100 broken, next level is sma200 exactly where systemfx had previously pointed out. Have a small short in targetting 1.0380 along with 1 nzdusd to ride down to 0.8200
AUD/USD
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jayjb replied Aug 4, 2011Dude, i was confused why when i said i was long and u started to list out indicators to prove i was wrong. Too many times have i got misled by forummers saying that my trade was bad, i follow their advice, next moment i that my own forecast was ...
AUD/USD
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jayjb replied Aug 4, 2011Sidetrack a little, anyone mind pointing me in the direction of a good MA trading strategy?
AUD/USD
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jayjb replied Aug 4, 2011Haven't clocked any profits yet, but with proper risk management, I still have 83% of my capital intact. One trade I missed out is USDCAD divergence I highlighted in my weekly outlook. Seems like I was spot on for the bullish divergence, but I'm not ...
My Journey to become a Disciplined and Profitable Trader
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jayjb replied Aug 4, 2011Yes, I did see a downtrend on H4 double bollingers and ADX, I didn't close when I was green (could have achieved my weekly target) but got greedy I was suspecting that it was just a retracement but I was counting on the ED to hold.
AUD/USD
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jayjb replied Aug 4, 2011Out of my long positions, thankfully it's only paper loss. 2nd time I've been caught out by a failed support line
AUD/USD
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jayjb replied Aug 4, 2011I'll be wrong when my trade gets stopped out, why are you so mad anyway?
AUD/USD