I have organised my current MT4 account to be connected to a Trade Explorer. I only began trading 10 days ago so there is not a lot of data there yet. I am currently trading 10 markets in my MT4 account. The 4 majors & 3 commodity FX pairs, Gold, ...

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Ja, I completely understand your bias too. I do however see LH and LL price structure on the 4H, this could be part of an ABC correction but I am very weary of the overhead resistance on the EA. In saying that the AUD is again looking pretty weak as ...

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Hey Stu, I'm not a fan of the dollar long term either however, there are always of short term opportunities. Until the USD dies 'proper like' you can only trade what's in front of you. Its like my Long S&P500 position, I am Bearish but Long. The US ...

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Three charts I am looking to short (orders in play)

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S&P500 - Long I am not a believer in the long term of this bullish run but the price action was a gift yesterday.

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After that solid red candle on the 4H I halved my position just in case. Looks like it rebounded a bit and is still just hanging in there. It is still looking a bit weak. Will probably get stopped out on this one.

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USD/CHF - Long Orders Looks like it could be a breakout test here. I buying a break of the marked 4H bar with a stop below the demand area.

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Long now obviously......good solid close into Friday.

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Hard to say. Longer term eventually its a buy. Despite that channel looking very constructive it still has work to do to break the downtrend its been in for the last few years. So by my reckoning COT is flashing a possible sell setup. The net ...

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Stu, Thats a great looking chart for the bears and my bias would be short as well. I am just trying to stick to the majors and commods for a bit otherwise I get too distracted by the multiple opportunities.

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AUD/USD - Long Orders Firstly I acknowledge that we are in a pretty hefty down trend at the moment. However, I think price is hinting at a short/medium term bottom with a bit of a base forming. Of course it could just be absorbing the demand in the ...

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closed for a small profit

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Risk free trade now. Stop just below breakeven.

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So I am short now. Looking at the action last night you can see that it popped back up to the area and got quickly rejected. This is encouraging however, it we keep hitting that zone the supply will run out and we will probably move higher. As a ...

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Hey Olu, Happy New year to you. Had a great break. Hope you are well too. All the best for the year ahead!

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EUR/USD - Short Orders Possible first trade of the year. I think we can be looking for shorts on the euro. We have moved into a little supply area on the 4H and now printed a reversal bar. I have orders placed around it. If we break higher I will ...

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Cheers Ja. Had a great time. Big year ahead!!

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Hey Griz, As I have previously mentioned I have not payed too much notice of such statistics as I found them a distraction rather than anything else. To be honest I had one account and had been trading multiple approaches out of the same account so ...

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Welcome Rehab, the more the merrier.

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Happy New Year to everyone! I hope everyone enjoyed the Christmas / New Year period. I think we are in for a very interesting year with regards to the financial markets and the broader global economies. I will be starting out slower this year just ...

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