"Technical Analysis is no longer fallacy,and becomes so profitable when you use it with Proper Money Management".. Sonicdeejay i like that statement

Sonic R. System

U/J i think it was a false break up. something about china bond yield gains. it may turn out to be true.

Sonic R. System

scalping to me is taking quick profits and keeping your losses small. so trading a pair with a huge spread can be potentially expensive if you are into scalping. below 20 pips i call scalping. your stop should be similar to that. anything more is a ...

Is Trading high spread pairs worthwhile for short term trading?

sold @93.50 major resistance on the daily. took profits yesterday. We have priced in a swing high and i went short again also yesterday at market open at 92.61. stop is at 93.57 and target 2 times stop at 90.69 at minimum. image

USD/JPY Discussion

short trade setup on the daily never materialized. there is one more day. price didn't close above 93.50 non-farm will tell. there may still be a short trade or a true breakout to the upside. i'll post the chart if it happens.

USD/JPY Discussion

i'm sick of this bitch not doing anything. 147 or 148. breakout already...damn!!!

Auslanco - GBP/JPY and GBP/USD (newstrade)

the GU is trying to decide what to do at 1.60 and the U/J is trying to decide what to do at 92. we will have our answer when london opens.

Auslanco - GBP/JPY and GBP/USD (newstrade)

I'm getting ready for a short trade. I trade this pair on the daily. So it looks like it will still take several days to set up, but there is a swing high top forming at 93.50. I have maintained this bias for a long time. We are still in a down ...

USD/JPY Discussion

you need to add more details. exactly. -------------------------------------------------- There is great resistance around the 151.30 area. The top of the range on the daily charts. if we break that i see 160's easy. previous chart image updated ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

I was just wondering. I hear it being used in certain styles. And some of it looks good in retrospect. I never gave much thought about it.

Sonic R. System

Oh i did, to a certain extent But there were prime scalping opportunities. primary style for now. way more profitable...for me.

Sonic R. System

the yen has been bottomed out. the pound was due for a major correction. for those who were short, hope you had good stops.

Auslanco - GBP/JPY and GBP/USD (newstrade)

i've been riding the up wave on the E/J. It may fall, but not now.

Sonic R. System

merry christmas.

Sonic R. System

it does look like it wants to fall.

Sonic R. System

I hope you guys are enjoying this prime scalping environment.

EURUSD

do you follow fib. time predictions?

Sonic R. System

its finally starting to come down. we'll see what happens in london.

Sonic R. System

thanks for the chart

Sonic R. System

The e/j is trying to come down. i don't know.

Sonic R. System