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Piquant replied Jun 22, 2017Pound seem to be finally getting up against NZD,AUD but I wouldn't go in for a long just yet. USDJPY long NZDCAD short seems like a better alternative.
Long term trading (entry on weekly chart)
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Piquant replied Jun 22, 2017I mentioned yen crosses climbing up on monthly and weekly candles weren't looking so bearish after all as the week progressed. USDJPY daily long setup still valid.
Long term trading (entry on weekly chart)
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Piquant replied Jun 22, 2017yen crosses are climbing up still on monthly. i would leave them for a week or so and will look at them back again for short positions. NZDCAD monthly is looking real good, supports my short signal on weekly but daily could push up higher. I'll keep ...
Long term trading (entry on weekly chart)
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Piquant replied Jun 22, 2017Yen crosses so far headed up still. I wouldn't go in for short for a week or so PA doesn't look good to go in for a short. EURGBP and NZDCAD caught my eye.
Long term trading (entry on weekly chart)
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Piquant replied Jun 21, 2017As with anything if you put in the effort it'll eventually work out. Its a constant battle, you are your biggest enemy.
Who makes real money from forex?
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Piquant replied Jun 21, 2017Don't get your hopes up too high. You won't be making a dime out of the market for the first few years, in fact you may lose what you put in. So trade with what you can lose. If you can't earn a dollar out of that 50$ account, likely you won't be ...
Avoid this Rookie mistake
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Piquant replied Jun 21, 2017Are we possibly topping on DAX, S&P500 ? (equities in general) That supports my yen shorts.
Long term trading (entry on weekly chart)
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Piquant replied Jun 21, 2017Watchlist AUDJPY short CADJPY short I like them better EURJPY short NZDJPY short AUDUSD short NZDUSD short CHFJPY short Lets wait for the week to close. Next week we might get few short signals on yen crosses
Long term trading (entry on weekly chart)
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Long term trading (entry on weekly chart)
Started Jun 21, 2017|Trading Journals|35 replies
UPDATE: Its been a journey since I created my first journal AUDUSD and I've been all over the ...
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Piquant replied Jun 20, 2017NZDJPY short 0.01lot in Usually I would wait for this candle to complete. But since we're at a major resistance with NZDJPY climbed up this high nonstop, with the rest of the yen herd retreating back and with long wick low volume , a hammer ? formed ...
AUDUSD journal
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Piquant replied Jun 20, 2017If yen crosses are really headed down - for now its still unclear we'll need a day or two CHFJPY daily chart also qualifies. NZDJPY short CHFJPY short Similarly AUDUSD NZDUSD also rejecting further move higher as they move in tandem with AUDJPY, ...
AUDUSD journal
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Piquant replied Jun 20, 2017out of all the yen crosses. I like what I see on NZDJPY the most. I like long wicks or double tops or bottoms if you have your levels drawn in they're usually a tell tale sign that we're in for a reversal. NZDJPY is rejecting 80.90 daily, long wick ...
AUDUSD journal
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Piquant replied Jun 20, 2017Pound is weak across the board. Euro is rising up against the comms Yen crosses are finally seem to be getting on the slide. AUDJPY,NZDJPY and CADJPY So is GBPJPY, EURJPY however UJ hasn't given up just yet. USD seem to be gaining some ground. What ...
AUDUSD journal
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Piquant replied Jun 20, 2017I wanted to go long on AUDCAD last night so bad. Daily candle was halfway through the completion process, that meant we still had 12 more hours to go. That's a long time considering US session was just kicking in things could have turned around ...
AUDUSD journal
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Piquant replied Jun 20, 2017UJ long out with +63pips +5.67$ 111.80 -112 is proving to be a resilient area for bulls. GJ is retracing back probably because of Carney, so is CADJPY I'm already seeing negative candle forming its an hour past 5pm here so we've got 12 more hours to ...
AUDUSD journal
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Piquant replied Jun 19, 2017USDJPY long going entered yesterday morning UTC+8 6AM on daily Comms have been at the top of the game for the last 2 weeks (almost) EURAUD, GBPAUD, EURNZD, GBPNZD, EURCAD, GBPCAD have been on the slide. On the other hand yen crosses have been ...
AUDUSD journal
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Piquant replied Jun 19, 2017You're absolutely right about finding what works for you. I know some talented traders who can make 60-100pips (depending on the day) daily off of minute charts (they're actually all around us on ff). If that's you, then do it. Day trading minute ...
Putting a Gun to your Head - 1 Piece of Trading Advice
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Piquant replied Jun 19, 2017For anyone who trades 4h and below you'll constantly feel like your missing out on trades (this implies for currency traders) when you're out and about or even when you're on your lunch break at home (I did). And it can be unhealthy in many ways, ...
Putting a Gun to your Head - 1 Piece of Trading Advice