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mike w replied Sep 15, 2008Thanks, I'm great! That's good to hear my man! Your right about the hourly, I've seen nothing tradable for a while looking back. Although I did note 2 hours ago, the large bearish bar (which was the reason for the 4 hour pin bar) going against the ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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mike w replied Sep 15, 2008Hey Mktjong! I just got a 4 hour bearish pin bar on the u/j. It closed at 12. If we get a break to the downside, I doubt it will be bullish right now. We should have to fill that gap though, which makes that decision fairly difficult for most. What ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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mike w replied Sep 15, 2008I didn't wake up this morning as I thought the news over the weekend would take a toll on the markets, but nothing too wild. I just took a 4 hour short on the usd/jpy waiting for the pin to break down, then I will add my regular risk to the ...
MW's trading journal
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mike w replied Sep 14, 2008Hey Infinity, I didn't forget about you man! I just had a crazy weekend to mix things up a bit haha I'll be back on later tonight to talk about the mas and my update for last friday on the big dogs trades that I took. Looking forward to another good ...
MW's trading journal
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mike w replied Sep 11, 2008I agree completely my man! That's why I decided to keep my positions open on it.
MW's trading journal
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mike w replied Sep 11, 2008Trades on the eur/usd, nzd/usd, and aud/usd were just triggered. I'm waiting for the gbp/usd to drop out now as I think we'll see quite a bit of movement with it.
MW's trading journal
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mike w replied Sep 11, 2008Getting ready and set up for big dogs today again. i'll be working with all the same pairs. I've closed out my nzd/usd and eur/jpy shorts for 250 and 450 pips respectively today. I am letting the gbp/jpy ride out for a few more days before closing ...
MW's trading journal
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mike w replied Sep 10, 2008Alrighty, update on those nzd/usd and gbp/usd trades. I lost a few bucks on the gbp/usd as I didn't pull the trigger fast enough. No excuses though, I just didn't work it out as the method suggests. The nzd/usd trades are still running. I kept them ...
MW's trading journal
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mike w replied Sep 10, 2008The eur/usd was just closed for 10, 15, and 25 pips. I'll be working with the nzd/usd now and the gbp/usd which just broke out as well.
MW's trading journal
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mike w replied Sep 10, 2008I've just entered a position on the big dogs eur/usd playout. It's going nicely and the first position already took profit. I am also setting my stoplosses in the positive for the nzd/usd trades that I took prematurely as they move into breakout ...
MW's trading journal
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mike w replied Sep 10, 2008Hi Maarten! Here's just my two cents to the subject. I'm going to have to ask you a question first. Are you basing the success of anyone on these short timeframes? If you are, then your right! In my opinion, luck has a great deal to do with the ...
Trading forex profitable is impossible!
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mike w replied Sep 10, 2008I jumped into a position early on the nzd/usd so as to set profit as soon as we see the breakout. I based it on the price action of the closed bar and throughout the bar. On the breakout, I will add to these positions. I am still waiting for ...
MW's trading journal
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mike w replied Sep 10, 2008I've set up the gbp/usd chart for today and the only direction that I will be trading is short considering that is the direction of the larger trend (the 4 hour). On the 15 minute chart, we are also seeing that the general direction of the emas that ...
MW's trading journal
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mike w replied Sep 10, 2008Today is the start of the big dog's trades once they come along. For the moment, I am still setting charts up while waiting for the open of it.
MW's trading journal
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mike w replied Sep 10, 2008Finally going to step in at the beginning of next week for the competition. I got back from vacation a few days ago which was fantastic. I'm going to make a solid two rounds of it. One for my normal longer term price action trades, and one for big ...
Dawg Days Of August
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mike w replied Sep 9, 2008So far so good on those gbp/jpy and eur/jpy trades. I made another small gain this morning of about 45 pips in all on the gbp/jpy buying into it, while waiting for the retrace to finish up. As of tomorrow morning, I will be posting charts of the Big ...
MW's trading journal
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mike w replied Sep 9, 2008Damn, I didn't even think about that man... How often does that happen with Oanda? I remember testing with them a good while ago and it seemed like it happened every other day. I was a much shorter term trader then, however, so it probably just ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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mike w replied Sep 9, 2008Hey Toyboy, did you get a chance to add to your position? That little drop in price was gorgeous. 50 more points tacked on in a matter of minutes.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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mike w replied Sep 9, 2008definitely agreed Hussin on the higher timescale, with all of your points.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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mike w replied Sep 9, 2008That's what I'm noticing too right now. Good luck to you. Btw, I just hopped into a few long positions for some fast profit but will let a few ride out from 190.02.
Auslanco - GBP/JPY and GBP/USD (newstrade)