I still don't get it... — I have been thinking about bigger picture aspects to FX trading recently. It has something that i've known to be important but just couldn't fit it into the technical-untra-short term trading I was attempting, and ...

Identifying Market Swings - Medium and Long Term Trading

Thanks — Just writing to say thanks! This is a very interesting thread.

Identifying Market Swings - Medium and Long Term Trading

AUDUSD been travelling amost straight up for the last 9 months. November highs are probably not going to be broken any time this month. Some portents of things to come with Dubai, Greece, Ireland etc. US has been beaten down with a stick for too ...

AUD/USD

Hmm — I know exactly what you mean. This is something that I continue to struggle with. I know that if I could take back all those trades that I had anticipated (I call it preempt) what was going to happen, my account balance would be much ...

james16 Chart Thread

No way! — Yeah the spread is a killer. Been trying to move away from intraday trades. I was looking at this pair for a longer-term trade. Two days is long term for me at the moment.

james16 Chart Thread

USDTRY — G'day folks, Long time lurker here. Been readin from post #1. Now up to post 7000 and a lot more pages to go. Here is something that I traded this week. I've been watching this pair for a while, the interest rate differential ...

james16 Chart Thread

My POV — I absoulutely hate it when I am up 40 pips, put stop to B/e then get stopped out and watch as price moves in my direction again. So I have recently done two things to prevent this from happening. 1) Stop trading anything less than 1H ...

Trailing Stops

Heh — Yeah I know where you are coming from. This time of year is pretty quiet on the FX front. I suspect things wont pick up again till late Jan/early Feb

Slapping the side of the monitor - MARKET WAKE UP!

Announcements — Things on the EUR and AUD will be pretty flat until the rate announcements come. I am expecting some sideways action for hours/days.

No Brainer Trades

Great work people — Hello again, I have been following the discussion on this thread for quite some time. The least I can say is WOW!! There are some great set-ups a trades happening in these unusual market times. Well unusual from my ...

No Brainer Trades

Yes! — After reviewing all my trades on a regular basis, I have come to the same conclusion regarding expectancy. It is not the individual trades that should make a strategy profitable, it is the average over all trades, however, a decent ...

What is Expectancy?

Wait — I think Asia session will be mostly up for AUD then the late sell off, got a short placed around 665 as I don't expect it to move above the consolidation from yesterday (looking at the hourly chart)

EUR/AUD

Up, but not right now — I am waiting for a close above 66 on AJ before taking a long. Early Asia session looks indecisive to me.

Aussie Pairs

Where will it stop? — I have never seen the likes. This has been one constant down trend since early Asian session. The pin bar was invalidated with the second shoulder not forming. Shorts would be loving today Bounce on EA was at 2.000 but ...

Aussie Pairs

Possible Pin — Watching Hourly AUDJPY right now... could be a pin bar and potentially strong upward move. OR We could see new low-lows

Aussie Pairs

AJ — Well, AJ just blasted through the floor of the last bounce. My broker doesn't have data far enough back to show what happens below these levels. Back to sailing blind. Might have to go look at a different feed. RE: EA. My broker does AUD ...

Aussie Pairs

EURAUD — Anyone follow this pair? I have been watching AUDUSD and EURAUD at the same time. Movements are pretty well matched (inverse correlation), but slightly more movement with EURAUD. I live in Aus. and a broker recently started offering ...

Aussie Pairs

How? — I am still a relative novice in this game... I have trouble keeping an eye on more than two pairs, but I often see you post on several different ones each day. How do you do it? My guess is experience and an almost intuitive grasp of ...

No Brainer Trades

No Sweat — I have a stop in place and assume that the trade is a loser. I know how much it cost me. Go for a walk and clear my head. By the time i get back power should be back on.

A scenario... what's your plan of action?