yeah, i don't even look at anything under 1hr, the noise will kill you

Cable Update (GBPUSD)

guys, don't try to trade what you "want" the market to do, trade what you see in the "now" moment. the market has its own mind and to go against that is insane!

Cable Update (GBPUSD)

trend is up on all hourly to daily timeframes

Cable Update (GBPUSD)

could go either way, just dont forget about china and their reserves!

Eur/Usd to 1.50 and beyond

i'd do the exact opposite. close losing trades and wait for the next opportunity.

Adding to losing positions

2 - 400 pip ranges seem fine to me, and it doesnt really pick up for another 15 minutes :

GBP/USD volume thin?

patience, also wait for a close above/below the breakout point, as well as price action confirmation.

How to handle breakout trade?

jpy crosses headed up, for a few pips anyways, maybe more.

Auslanco - GBP/JPY and GBP/USD (newstrade)

I enjoyed the long post. Every trade I do is risking 1%, and depending upon my setup i usually expect between 1.5 - 3% return. so 2% is usually reached in one trade. But the key is consistency, which is starting to develop nicely for me.

Road behind....road ahead.

better to be safe than sorry. if you are utilizing proper money management then a losing trade will put you back 1%. no biggie. What if this one time g/j decides to go against you, and never turn back? as a noob (no offence) you will likely hold ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

almost bedtime for me, probably a good thing my nerves are getting shot from watching charts, i try not to

Cable Update (GBPUSD)

Anyone else think a decent bull run has started? Long since 2.0008, TP 2.0116, good luck guys

Cable Update (GBPUSD)

Who knows in these markets eh? I trade mostly technically and don't pay an awful lot of attention to fundies unless it's one of the "big impact" ones.

Cable Update (GBPUSD)

A good target would be the same amount of pips from point 1 to 2, though there are many other options as well

Trading Price Setups

On the euro, I see that a strong resistance line that is almost a year old has just been turned into support, and since it's bull run @ 3827 it has been attacking the 23 fib level (which conveniently is right around the new "support" level I was ...

Cable Update (GBPUSD)

if it stays ranging and closes above 2.0030 on the hourly, i think we'll have a nice bullish run of ~150 pips.

Cable Update (GBPUSD)

noob question here, but what correlation does nikkei have to jpy, have never heard of it before, but looks like TSE index?

Auslanco - GBP/JPY and GBP/USD (newstrade)

g/j just closed on 23.6 fib (232.82) and is making a move back up, on the hourly, but we shall see if it goes back down and tests it again.

Auslanco - GBP/JPY and GBP/USD (newstrade)

g/j is a very volatile pair and makes much larger moves that any other pairs. I think it could still go down another 150 pips from where it is right now 233, and that would be a decent retrace.

Auslanco - GBP/JPY and GBP/USD (newstrade)

good topic, just to add a little bit it looks like gbp/jpy is very bearish in august of most years, and some like this year have seen huge bearish runs. I'm sure theres lots more out there, just have to look for it.

Seasonal/daily tendencies in FX?