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Yuchen replied Jul 7, 2011I see. I think we have different trading strategy. i sucks at trading with short term, always guess the wrong direction and do not want to stop when i am losing, so since get worse and worse then my short term became long term and lose a lot. So i ...
EURUSD
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Yuchen replied Jul 7, 2011I suggest you do not sell at this time. and if you decide to tell you also need to think what price you will set your stop. In my opinion, the solid stop should be around 1.4355 so if you want to sell it at 1.4295, you need to take 60 pips stop. ...
EURUSD
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Yuchen replied Jul 7, 2011The 4 hours chart still looks short but 1 hour chart looks like it may change the direction to long. i think we need to wait for a while. i assume it will test the resistence at 1.4340 later and then we will see what will happen. But seriously, i ...
EURUSD
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Yuchen replied Aug 19, 2009Thank you, I set a 100 pips stop at 1.4360 and I will wait to see if it will break 1.4000 in the future.
EURUSD
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Yuchen replied Aug 19, 2009I just long this pair today at 1.5150, i hope it will go up to 1.5350 after a few weeks.
Galations - EUR/CHF
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Yuchen replied Aug 19, 2009I wish EUR/USD will be able to drop down because I shorted it at 1.4260. Not sure if it is safe but I still think EUR/USD will drop down for long run.
EURUSD
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Yuchen replied Aug 17, 2009Yes, that is true. But for the long term tading, you could open new order later when the price break a support or resistace (depends on if you short or long). Therefore, that means if you failed for the long term trading, you would lose only 1 ...
Cable Update (GBPUSD)
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Yuchen replied Aug 17, 2009Yes it is crazy. When the non-farm news released or some other big significant news like interest rate, etc. If the actua result is way different from the predicted, GY will change 200-300 pips in a few seconds, lol !!! I guess you always trade with ...
Cable Update (GBPUSD)
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Yuchen replied Aug 17, 2009I think GY means GBP/JPY, that is the fastest price changing pair i think. I sucks at trading that pair. 4 lots is a lot in my opinion, you are so brave dude !! Good luck when you scapling with GY, and be careful.
Cable Update (GBPUSD)
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Yuchen replied Aug 17, 2009In my opinion, it is a good chance to buy EUR/CHF when the price drop to around 1.5150. I think Swizterland will still try to depreciate Swiss when EUR/CHF drop to lower than 1.5100. It should be safe enough to long it !!
Galations - EUR/CHF
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Yuchen replied Aug 17, 2009I think scapling is very dangerous. In my opinion, it is very safe to open a small order and take it for long run, because GBP/USD always moves very quickly, you can still earn a lot money with small order.
Cable Update (GBPUSD)
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Yuchen replied Aug 17, 2009You can go to Henyep and download their MT4 platform, it has very good graphic in my opinion.
EURUSD
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Yuchen replied Aug 17, 2009It looks like 0.8250 is a resistance so far. I wish AUD/USD will drop and break 0.8000 this week. I short it at 0.8430 in last week and short it at 0.8230 couple hours ago. I set the stop for both order at 0.8290. In my opinion, AUD/USD will drop ...
AUD/USD
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Yuchen replied Aug 16, 2009I think USD/JPY looks like a down trend, so long GBPAUD is safer than long GBPJPY.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Yuchen replied Aug 16, 2009I bought GBPAUD at 1.9650. I checked the price of GBPAUD on the Monthly Chart, 1.9650 is pretty low and I wish it will go long to 2.1000 !!! I also sold AUDUSD at 0.8430, hopefully, AUD will drop a lot.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Yuchen replied Aug 12, 2009I am sorry to hear that, it happens a lot when there are some big news released. Good luck next time or maybe you should try to avoid trading at this time.
Cable Update (GBPUSD)