This is the way I always have traded and you're right, it can be profitable. But it does take a lot of discipline, that's what took me so long to learn. Best of luck.

4% A Day Forever

Ben, thank you so much. I am finally beginning to get my head wrapped around it. Kim

AUD/USD

GMan, (or anyone really), can you tell me your strategy trading AUD long and NZD short at the same time except for a hedge? I understand the logic if you are in AUD long against the USD and it goes against you to short the NZD, (I have done so with ...

AUD/USD

Good morning everyone, wow the AUD has taken a bit of a beating overnight. My humble opinion is a combination of USD strength and profit taking on gold and the AUD. It's come a long way in the past few months. I'm going to wait until US open as I ...

AUD/USD

I closed mine early for 30 pips, my comfort level just wasn't there, but longs still look good on the hourly, so I may add again soon. Kim

AUD/USD

I wish I could get a handle on hedging, what positions to best take where, still trying to conquer other stuff first. Good job.

AUD/USD

I also am looking at a short for the CAD, working up to that though, lol. Kim

AUD/USD

If it's any consolation, I am long too at 51. Kim

AUD/USD

Thanks GMan, I'll keep that in mind. Kim

AUD/USD

I have support at 9227, I closed my positions early this afternoon and took a small short on the EUR/USD. I'm not comfortable with anything but scalping here at this level, but 9254 may offer a bit of a leg up before get there. I am relatively new ...

AUD/USD

Lol, he may get arrested doing so. Best thing I've read all day Serpent, certainly brightens things up

EURUSD

I guess whatever fits your comfort zone, I would take the money and run But that's just me.

AUD/USD

Nice, I've never heard of him , I like Van Morrison when trading. I guess it's whatever keeps you pumped.

AUD/USD

Pretty fast I am sure you're right, but 1500.00 makes me a happy camper regardless.

AUD/USD

lol, those sweaty bears just closed from the last couple of days with 150 pips. don't you just love the news.

AUD/USD

Nice charts Whinos. I was short the AUD as well, still waiting to close my second entry.

AUD/USD

Lots of support in that area. Forbes, you need to go have a shot, kick the dog and get in your pickup and drive through hicksville.

EURUSD

Interesting isn't it? I have a friend who works on a tanker which has been sitting offshore with no one to deliver it to. No one wants it, no work at all.

EURUSD

Good German news did spike it up a bit, but the bad news for the US countered that and drove it back down.

EURUSD

You think? There will likely be some disagreement with this statement.

EURUSD