Went long on EURUSD Entry: 1.3818 SL: 1.3763 TP: 1.3868, 1.3918, 1.399 My GBPUSD trade is still in the green, it got within 1 pip of hitting the first TP target I believe that the spike that pushed it up was a result of the Berlusconi news. Either ...

BongaBonga's Trading Emporium

Got stopped out of the EURGBP trade. On both the EURUSD and EURGBP I was in the green, but the trades turned into losses. I could have gotten out early but then I wouldn't have had the chance for them to run. A string of losses is to be expected, it ...

BongaBonga's Trading Emporium

Got stopped out of the EURUSD trade. GBPUSD is around BE, so is EURGBP.

BongaBonga's Trading Emporium

Entered long GBPUSD Entry: 1.6081 SL: 1.603 TP: 1.613, 1.618, 1.626 the EURUSD and EURGBP trades are both ranging right now. I think that when NY opens we will see a fresh input of money and the trend should continue. on the EURGBP trade I moved my ...

BongaBonga's Trading Emporium

EURUSD — Short EURUSD Entry 1.3746 SL 1.3807 TP 1.3566, 1.3696, 1.3646 I know that means I'm double up on shorting the EUR currently, but EURGBP is still doing good, I am close to bringing the SL to BE where it then is basically a free trade.

BongaBonga's Trading Emporium

EURGBP — Just a quick update, I jumped back in on the short EURGBP trade at 0.8581. Looks like bringing my stop up prematurely was a bad idea. The EURUSD and GBPUSD seem to be diverging which bodes well for my position I think. Short EURGBP ...

BongaBonga's Trading Emporium

Here's my chart for the EURGBP trade(s). The Green cross shows where I entered on a short, the red shows where I was stopped out. My initial SL was at 0.8605 but I had moved it up to 0.8598 based on the price action before I entered the trade. My ...

BongaBonga's Trading Emporium

oops — Well I made a 1% mistake. I saw that EURGBP was trending down. I looked at GBPUSD to confirm that GBP was on the rise. When I went back to make my trade I bought instead of sold. I didn't realize my mistake until I was down -1% Oh ...

BongaBonga's Trading Emporium

The tools at forexticket.co.uk are great. I use the volatility charts to determine my SL/TP targets. Great thread, like usual!

Swing Trading

Had my first loss since starting this thread. I entered long AUDUSD right before the weekend at 1.0404 since I saw a pivot form on the daily chart. I just got stopped out at 1.0345. A loss of ~1.8% As far as if the AUDUSD trade was good or not, I ...

BongaBonga's Trading Emporium

Just linked my Trade Explorer to this thread.

BongaBonga's Trading Emporium

I would say 1 or 2 depending on which ones they are, it all depends on liquidity. If you can only handle one pair then EURUSD since it trades at all hours of the day. If you want to do two then do a combination of two different sessions. For ...

Ideal number of pairs 4 beginner

If your trailing stop is set to 100 and you end with a small profit, why don't you just close the trade at 100 pips?

70% winning trades system

Pretty much this, only way to figure that out though is to just go and trade. Keep the risk small and make sure to really analyze your trades good or bad and you'll get there. If you focus on the process instead of the results you'll do fine. (P.S. ...

How do I move forward?

Yes, they have MT4 trading, but the smallest size is 0.01 lots due to how MT4 is wired. I actually use their mobile app along side MT4 to trade when trading less than the minimum size. They also have a web platform (haven't tried it).

How do I move forward?

I would say just play around with trading and try to get a feel for how the market is interconnected. With a demo account or a small (like $100 small, try oanda) live account you can goof around until it starts to set in. To speed that along though ...

How do I move forward?

How's it going? — Materyb, You still learning about forex trading? I have enjoyed your journal and would hate to see you give it up.

My trip from amateur to proficient forex trader

Newb Advice — I think the Trading Systems subforum isn't all that bad, you just have to realize that most of it is rubbish. There are some interesting ideas in there that could help newbies find their own way at it. Honestly, if you're not ...

simple and clear advice for new traders, no cryptic teachings