they got greedy, didn't want to keep up their end of the bargain. i wouldn't hand 100k to someone else either. i'd just manage it myself

Would I have any takers?

instead of carry trading, why don't you try hedging i don't do this myself, but i read it in a thread. long eur/usd and usd/chf at the same time. since eurusd and usdchf are inversely correlated, you're not really affected by the movements of either ...

The Best Carry trade Pairs?

oOOOOOH....ok, thanks for clearing that up. i don't have an account with them. i met someone who told me that they have neg. swap rates. and i checked that page, saw the -3, and believed him

The Best Carry trade Pairs?

kharvell, very nice. simple, effective, lucrative.

Peaks and Valleys (Trading Naked)

word of warning: my friend did this with his trading buddy a few years ago...it totally did not work out. in the end, neither of them wanted to pay the investor. (btw, i don't think traders who have been profitable for 6 quarters would want to ...

Would I have any takers?

it usually depends on the broker dukascopy, for example, charges you swap for holding gbpjpy overnight. yes, charges. stay away from carry trades right now. if you haven't noticed, gbpjpy dropped 1400 pips in the past 2 weeks

The Best Carry trade Pairs?

EURJPY Pin bar on the daily also but if we switch to the one hour, we can see that after the price broke under the trendline, the trendline is not acting as resistance

Diane's journal

Pin bar on USDJPY D1 Switch to the weekly and scroll back in history, you'll see 109.50 is a pretty important support/resistance level

Diane's journal

right. i forgot. "the probability of a reversal increases when you see the pin bar around s/r areas" my friend who got me into trading once told me that. but for some reason, neither of us actually pay attention to that in live trading.

Diane's journal

Diane, did you end up adjusting your stops? Tiki, from my experience with pin bars, i think it is important to note that, the pin bar by itself is not very predictive. i don't know about you, but i always wait until the bar after the pin bar closes ...

Diane's journal

yea man i agree with you. i've studied hundreds of indicators too. but now, i'm going back to the basics. i realised that instead of studying price, i've been studying indicators. And almost every single indicator out there lags, so...

when does un-trending start

I have been using 15m lately on GBPJPY. On EURUSD and GBPUSD, I use 4H.

when does un-trending start

i also have a question about this...say when markets open on wednesday, and the pound dollar gaps low (misses my stop loss completely), would i get stopped out at: 1. my initial stop loss 2. the price it opens at 3. i don't get stopped out and have ...

Cable Update (GBPUSD)

by the way, Miguel are you the same guy from babypips? the one who tried to return 2% daily? W

OANDA Discussion

no problem but just a word of advice before you start reading up on "systems" always try reading the price with the old trendline + price action first, and then throw on indicators. it took me 18 months to realise this, i hope i can save you the ...

Diane's journal

sometimes intricate stuff is cool, like swiss watches. trading platforms? not so much. i was with gft for a long time. they've got the best charting. but the pros for gft ends there. i'm not even going to list the cons. oanda is perfect if you're ...

OANDA Discussion

how to manual trail: this is effi's thread, look at post #8 url but here's what you can do to make it even easier (effi also taught me this, so props to him): blank chart, one or two time frames below what you're trading on. (so if you're trading ...

Diane's journal

Tiki: it's discipline....i used to have problems with that word too....god damn silent 'e'... german is so much easier but anyways diane, i'd like to congratulate you on making your first trade, and a good one too. i'm glad you started on the daily. ...

Diane's journal

stop adjusted to 224.20, just below the double bar low (on 15m)

Guppy Trades

the trade so far i entered early, because heiken ashi turned bullish....i still trust my ha's stop loss at 223.05 now, we just wait for the correction, and then manually trail the sl to just below the swing low.

Guppy Trades