It's like its waiting on something but what?? I thought the fomc minutes was clear that interest rates were unlikely to rise so what's going on...does this message have to come out of yellen's mouth for it to be accepted. Or is there something else ...

EURUSD

eur/chf looks interesting...can't do much though since im locked in other trades. Will it break down or bounce off support? image

Jedi Space Lounge

Is take off happening soon or what? there's 80 pips waiting for me at the other end

EURUSD

Still looking at usd/cad with the double top, it seems like a juicy opportunity. Also eur/jpn might be ranging & is nearing resistance, hopefully I can take a ride back down with it. Eur/usd is taking its time to move up. Since it was my first trade ...

Jedi Space Lounge

Oh well I missed the tp by 1pip on the eur/usd pair. Now I lost 10 pips sl. Should have went for 9 pips instead 10, that'll teach me for being greedy lol! looks like its heading for .130. Regardless I have to call it a day, hopefully the other pairs ...

Jedi Space Lounge

Placed a pending order at 1.31600 for a short on usd/cad. will try for 60 pips lol! also placed a short on eur/jpn as it seems to bounce off the trendline, will go for about 10 pips on this one. Also eur/usd looks great for a long, I placed an order ...

Jedi Space Lounge

here's another pair im looking at eur/jpn. Is it in consolodation mode before continuing downwards or is it ranging or will it breakout the resistance area. It broke the 23 fibo so retracement before going down? image

Jedi Space Lounge

Im thinking the $ has been strongly lately, surely its coming down a little. If it closes above the trendline might go long for a few pips, I say might with a big M lol! the 1hr is looking bearish though.

Jedi Space Lounge

Here's a possible double top, especially if it breaks through the trend line. trend line support also hits the 61.8 fibo. Watching. image

Jedi Space Lounge

Thanks ando, so it's all about risk management. I've been trading on a demo & still haven't figured what level of S/L I should use. It's too costly when set too low & too risky when set too high. I need to find that balance.

Why I DON'T share public valuable trading information

Thanks buddy for the info. A bit confusing but I've only just read your comment so will have to dwell on it a little.

Why I DON'T share public valuable trading information

Hey ando don't let this discourage you as some of us are happy to receive advice. By the way what's a covering action? Ive read about buy to cover is it the same?

Why I DON'T share public valuable trading information

Hey Manel, maxim asks a good question which you should think about carefully before using real money. For example, I think FXPro is a good choice if your looking for an ECN broker. Plus they offer the cTrader platform which is perfect for ECN. MT4 ...

First time with real money and I need help to choose between 3