image This is what the USD index is showing. Price is basing now. If it goes any further up, it will hit supply and that would be a good time to sell the US dollar and buy the aussie, Pound, Euro etc...In the mean time just wait and see haha...

Full-time student, Part time trader

BTW, I no longer trade using indicators, its purely price action and Supply and Demand.

Full-time student, Part time trader

Gonna restart this thread. I have changed my trading style and will focus more on swing trading due to school commitments and such. Will soon upload pictures on the charts that I look at. I only trade majors. Currently there isnt much to trade as a ...

Full-time student, Part time trader

Hmm yea I guess i really have to. Its just that Im getting abit confused now. Maybe its cause I followed the rules yet I made quite afew losses and my lack of confidence is affecting me.

Looking for a mentor who trades using supply and demand!

zzz...got stopped out at 78.53. Was it a bad trade decision? Please advise.=)

Full-time student, Part time trader

USD/JPY(18.09.12) — image image Bought USD/JPY about 2 hours ago. Bought at 78.62, sl at 78.53, tp at 78.77. Reasons for trade: 1) 5 sma above the two other sma. 2) Chart met support but failed to penetrate.

Full-time student, Part time trader

Oh ok thanks, will heed your advice=)

Trading For Those With a 9-5 Job

Oh i see. Um so how long do you normally stay in a trade?

Trading For Those With a 9-5 Job

Oh ok, Thanks Olu=) I will look into taking out some unnecessary indicators. Thanks for the advice. I do however still trade on 4 hr and 1 hr charts. will look into that as well=)

Trading For Those With a 9-5 Job

How many indicators???=) — Hi Olu, may i ask, how do you decide how many indicators to use for a particular study??? There are many indicators around and i seem to just add them all just because i see people using them. It also comes from the ...

Trading For Those With a 9-5 Job

Waited for the news to come up, saw that it was not good for the Euro. Wanted to sell EUR/USD but the value was constantly rising. Waited for it to dip slightly and entered at 1.0056, put a take profit at 1.0036 and stop loss at 1.0076. Didnt dip ...

EURUSD