Took a couple of AU longs earlier at 0.75718. Targets 15 & 30 pips. Can anyone explain why EU & AU are so well correlated. Aren't they completely different economies?

EURUSD

Closed my two longs from thursday. Not sure how far north this will go anymore given the negative china data & decrease in iron prices otherwise I would have held on longer. Good luck asia traders.

AUD/USD

yes.

EURUSD

What does RB stand for?

EURUSD

Seems like price is reaching a key level. Will see how it reacts at 1.25. image

Cable Update (GBPUSD)

75 pips is a great start indeed. I've got a couple of longs from Thursday, hoping this moves further north. I feel 0.77 is realistic although I hope to close well before that. Good luck.

AUD/USD

Well this has given me something to think about, cheers guys. But I assume 'generally' the risk ratio should be 1:1 but if you find a good entry on lower t/f then it can be much better. Will hopefully improve my so called 'stop strategy'

The Spartan Trader FX System

Hi falken, thanks for contributing. I know what you mean, the key is to find good trades more often than not in any case. If your stop is based on a 5min chart then I assume your target is also based on that 5min chart? It wouldn't make sense to me ...

The Spartan Trader FX System

Well I'm holding onto my longs with au, it's probably a bad idea but I heard Trump wrote his own speech so...go bulls!

EURUSD

Haha yes I'm sure you are worth it. If I may ask you a question about fibo which has puzzled me. If you trade from 4hr/1hr charts is it better to set up the fibo on the daily (higher tf), so you have the daily fibo on all the lower tf's? or does the ...

The Spartan Trader FX System

Good call by the way.

The Spartan Trader FX System

Hi Filipo, I still have longs on au that missed their t/p overnight. Now I'm in negative but I still feel bullish so will hang on even though its the Trump show today. By the way how does the Spartan strategy use Fibonacci?

The Spartan Trader FX System

Hi greg, I don't know if I have a tactic for this but I do try to avoid placing them in obvious areas of demand/supply especially if its swing trading where the targets are quite far. You mention stops behind most recent swing, but better behind the ...

The Spartan Trader FX System

Sounds like an interesting article, will read it later. If you went long with au then I assume your s/l was under 20 pips, that's not much I don't think buddy unless you're scalping or day trading. I have trouble with s/ls as well, I like them as ...

The Spartan Trader FX System

Did Trump not mention something about the $$ being too strong? anyway, my eu hit b/e then as usual went up again. So I ditched the euro & went long with au & short aj.

EURUSD

Great, I feel more confident now I know the mighty Lion is supporting the bulls. Let's route those bears!

EURUSD

Well I wish I went long at 1.059 instead of 1.062...let's see what gives.

EURUSD

Oh well, I forgot about the news as well...hope your s/l was tight.

EURUSD

My tp's at 1.0691 actually, lets see what happens

EURUSD

Here we go, long again.

EURUSD