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MidasFX replied Feb 8, 2012The giant reverse head and shoulders on the eur/jpy 4hr chart ( if completed/ attempted ) we may get a good rise out of this eur/usd.
EURUSD
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MidasFX replied Feb 8, 2012it was a news blip from 4castweb.com, they normally give an excellent heads up on certain moves or good hindsight at the very least. I saw that aussie was starting to break out, and i wanted to know why, I thought that others might find a relevant ...
AUD/USD
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MidasFX replied Feb 8, 2012AUD/USD extended gains to fresh 6-month highs of 1.0831 from 1.0810-15, on rumours - again - that PBOC may cut RRR tonight (or anytime soon). AUD/USD at its highest level since Aug 2 1.1007, an not far from its post Float highs of 1.1080. Good to ...
AUD/USD
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MidasFX replied Feb 7, 2012The worst thing one can do is "force trades" if it doesn't meet your requirements for a trade then you really shouldn't take a trade. The market is not like your pet dog, you can't tell it what to do to fit your needs. Well, this is just my thoughts ...
EURUSD
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MidasFX replied Feb 7, 2012The info is from Oanda ( a forex broker ) That basically shows you everything in OANDA's order book. not any other brokers. So its great to get an idea ... but definitly not an overall picture of the whole market as Oanda is just 1 piece of this ...
AUD/USD
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MidasFX replied Feb 6, 2012excellent trade ^_^ — image stop above market open target is 120.50
Daily GBP/JPY analysis
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MidasFX replied Feb 3, 2012Im pretty sure that is highly illegal and one would never be able to trade securities again if they were caught doing that. But I posted that news blip as fun and insightful, nothing more. I personally don't trade anything I hear. Fundies are not ...
EURUSD
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MidasFX replied Feb 2, 2012Interesting news blip ~ — Kengo Suzuki, forex strategist at Mizuho Securities in Tokyo, said the greenback could be sold regardless of whether the January data comes in above or below expectations, saying weaker figures could justify the ...
EURUSD
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MidasFX replied Jan 31, 2012* also, dont trade on a 5min chart with a target on a 4hr chart. try using the "next size up" 5 min entry on a 15minute trend. 15 minute entry on a 30min /1 hr trend.
EURUSD
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MidasFX replied Jan 31, 2012I read your post and made me think of a friend who trades. I reccomended that he sets a very small initial target and close out most of your trade. Scale out of your winning trades. example- trade 3 lots and close 2 lots at T1 +10 pips and close ...
EURUSD
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MidasFX replied Jan 31, 2012for a retail trader to justify or refute an intervention is just pointless. If there is anything we should have learned by now, they will hint and poke at the subject of intervention for a while in hopes to spur trading activity. but ONLY BOJ knows ...
USD/JPY Discussion
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MidasFX replied Jan 31, 2012Took the break out ^_^ — Well I waited for the retest as I was too late for the initial break out. thought I missed it, but it retraced so i jumped in. Already closed partial aiming for Target 2 image
EURUSD
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MidasFX replied Jan 29, 2012There are variables with pivots so many people dont have same levels. set them to 0:00 GMT ? or EST ( -5 GMT ) Classic pivots, fibo pivots, Camarilla, and Woodie pivots. this is a great place to find pivot points ...
EURUSD
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MidasFX replied Jan 29, 2012It finally rolled over after hitting some resistance ( pivot + ma ) target is large, but might take profits early as this trend is over extended in my opinion. The OsMa reinforces my opinion. image
USD/CHF
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MidasFX replied Jan 29, 20125.0 lots on a $1600 account? you got me scratching my head...

should be more like 0.05, but that is just my opinion.EURUSD
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MidasFX replied Jan 29, 2012in upward move now, possible consolidation for a few then we might have an entry short on this pair if we can get it to roll over at this upcoming support. Trend is down, everything I see is sending this pair south.
USD/CHF
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MidasFX replied Jan 29, 2012Thinking about closing them as euro is at my tp area, and aussie might be stalling as well, dont see them going to much further down right now. image au + 22 eu +16 ^_^
EURUSD
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MidasFX replied Jan 29, 2012@ Mario83 Check out this article, it may help you, as it helped me. It talks about watching the formation of candles to detect if a candle is going to breakout of a range. url
EURUSD
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MidasFX replied Jan 29, 2012Excellent first 2 trades of the week. :-) image explanation of the indicators - pivots help define a breakout ( or range ) entries and exits. OsMa helps detect pressure ( all indicators lag, but to give you an idea of pressure helps me. ) As we ...
EURUSD
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MidasFX replied Jan 29, 2012Excellent roll over ^_^ — Reason for entry was the break of swing lows with a negative reading on the OsMA image * aussie just hit the first pivot point on the charts, so I closed most of the trade @ +14 moved stop to B/E ** euro just hit ...
EURUSD