NB having pivot lines on my chart is new and experimental. When I mention them at this stage it's more for landmark reference rather than using them for targets etc. I just wanted to watch their correlation for a while. I normally draw my own TL and ...

Keep Trying

Ok well I'm back at work now so my trading will be sporadic, but I've recorded my efforts today and made my TE public. Mistake no1, all i wanted was to snatch a profit trade to start so naturally I screwed up via a late entry and then ignoring ...

Keep Trying

Thanks for your response. We shall see how I go! I like the analogy that forex is like farming, and that a healthy crop takes time and care. Unfortunately my field became weedy and out of control, so I've turned the earth and going to try plant some ...

Keep Trying

Thanks Michael. Tassie is a bloody beautiful place to live, I have family there and have been many times. Personally I like a bit more warmth. Cheers to you. H

Keep Trying

Great answer thanks, and I do agree with you. I am curious how others approach the issue. Ie you have a system, your trigger is met. Do you place 1 or multiple trades? Do you have a minimum TP? Do you have a medium and maximum TP? Do you have a ...

Profit taking

Got stopped out on trade 5/5. Green line where I entered sells, yellow lines with yellow crosses where I TP. I'm undecided about best option for potential "golden pip" trade, as leaving 1 trade BE means for that trade at least I accepted BE versus ...

Profit taking

5 min chart showing levels of where I have TP 4/5 trades, also showing SL of remaining trade

Profit taking

Ok so I placed 5 trades this am all around 112.03. My trigger to enter was H1 tweezer top with gap down. I don't tend to pyramid in, I tend to all in which means no late entries, but also if I'm wrong then I concede I have probably entered 2 trades ...

Profit taking

Was taken with H1 tweezer top and gap down. Will TP depending on subsequent PA. NB TP 2/5 111.955. Tightened SL on remaining 3 a little

USD/JPY Discussion

So true ! Integrity integrity integrity!!! If we dont have integrity through life then why bother. I can not for the life of me understand loyalty to ill mannered ( understatement) people. Desperation is indeed the reason. It makes me feel a bit ...

Scammers - Hall of Shame

There's an amazing race horse in Australia called WINX, who just won her 32nd consecutive race. Her last odds were 1.06 and someone bet $350k to get a payout of $17k. Now I can understand someone placing a MASSIVE trade in forex, but it's not a ...

Are We All Gambling?

NZ trade balance from -$948m to +$12m, whilst forecasting -$200m. WOW. Great job.

NZD/USD

I'm really not a fan of trading AUDUSD, I don't like it's PA, but I took 4 trades, have TP 2/4 and risking the profit from those on the SL of remaining, targeting .70545 area. Looking for H4 to close below SMA100 at the end of the hour. Hopefully NB ...

AUD/USD

Strong looking daily candle reversal ie bearish

AUD/USD

I started with $1k. I made $210 then lost $200, made $250 then lost $260... up and down up and down totals for both sides adding up so say after 1 week I'd made $1000 and also lost $1000, finally after 3 years my totals for each side were plus ...

Trading stories - my first 100K!

Nice post dinner surprise. Maybe there really is something to be said for setting trades and not messing with them. Had 2 , TP1 110.475, Leaving other with SL and TP per pic, happy with both options. Night. NB Closed 2nd 110.457, happy enough.

USD/JPY Discussion

If I place a few trades near SR, i might TP 1 trade at say 4 pips, then loosen the BE SL of one of the remaining trades by 4 pip to help save it from a spike. It depends on how confident I am that my remaining trade has a chance to make >10pips ie ...

Money Management Theory

I read somewhere on FF ( maybe technical analysis fallacy ??) , that you should decide which side of the road you want to catch the bus from and stick with it, because if you keep crossing the road inevitably you'll get hit. Shame I didn't start the ...

USD/JPY Discussion

NB, Closed trades $1 loss, looks like its getting a little upswing I don't want to be part of at this stage

USD/JPY Discussion