I agree, watching for this level'ish as well... Currently sitting on trend line support, looking to break this.

EURUSD

Yes -- I am thinking in terms of risk in total pips, rather then % account value. That's where the hang up is...

Biggest drawdown you have experienced turn into profit?

I guess I feel it's a matter of proportions. 15 minute charts show me quicker price action and thus allows me to move quicker, whilst on the longer term charts one mistake can take several days to correct itself... so I need to get it more breathing ...

Biggest drawdown you have experienced turn into profit?

Hi TJPLD, I do agree that is very much based on your accepted risk. Playing these longer term charts I have to accept a higher risk level, but the pay off is of greater value. More testing to go under way here...

Biggest drawdown you have experienced turn into profit?

What a roller coaster ride here, eh!!!

USD/JPY Discussion

Thanks for the advice. Yes -- that huge loss I took last week was do to exactly what you were saying -- over trading. I was trading just to trade. Trying to make my money back quick only to watch it continually dwindle away in omission and small ...

How much are you up or down since the start of the year?

SL triggered for +30 pips.

EURUSD

Wow look at it go... what's affecting this? Did I miss a news release? Massive correction?

EURUSD

Short at 29... down we go...

EURUSD

My sentiment exactly. lol

EURUSD

I love how I always enter at the exact wrong time lol...

EURUSD

Thanks mate. Will follow through on this play since it was triggered to watch it.

EURUSD

Would love to see this tough support break still...

EURUSD

What's a sucker bar?

EURUSD

I spy a descending continuation triangle ... think we can break it?

EURUSD

What's up with the Tail @ 6:55 est?

EURUSD

Any sentiment on where we are heading... I can't make heads or tails out of this price action... Short term trend says down (including lower highs and a consistent support level)... however, that very same support level is rather strong.

EURUSD

Keep an eye on the support level at 2961. To many items conflicting to pick a direction right now.

EURUSD

I am a rock head by nature, but I also love classical/orchestra music. Combine the two... and we got something nice... Pandora radio station: url

What kind of music you hear while you trade?