I dropped eur/nzd yesterday there were plan A but definitely there was plan B I did not mention cause I actually was very sure about eur/nzd breaking that upper trend line. I was going to buy at 1.5575 break out if any candle 4-8H chart would ...

Trend Trading All Pairs

some interesting link but crappy translation from German url

Trend Trading All Pairs

The interesting thing about fundamentals is that while China is slowing and NZD and Aud basically depend upon China, still they are moving up... I do not remember but someone told that markets can stay irrational longer than trader can stay solvent. ...

Trend Trading All Pairs

I think I am neither fundamentalist nor I am a technical trader as such. I just press buttons

Trend Trading All Pairs

Ahem, not bad. got stoped chf/jpy after being 100+ pips for BE and aud/chf was maximum 4:1 got stopped for 3:1. 3% trade. the rest is doing fine gbp/nzd causes some concerns. too little pips and not as good as eur/nzd. eur/nzd gonna move stop to BE ...

Trend Trading All Pairs

it looks like eur/nzd wants to go in another direction. if it goes down might be the next leg in far longer term downtrend. I am in. risk as usually 1% on 150 pips , cannot miss, might be a good run.

Trend Trading All Pairs

it is far better to go with a trend with this method. pays more chances for success are better. stop loss also can be a bit wider as well as targets when going with a trend. I do not think 20-40 pips stops are a good idea. more like 1 ATR or 100 ...

No Brainer Trades

having single currency and no common fiscal policy was a stupid thing to start with as we see Germans footing Greeks' bills now. Anyway, I think it is better to not get carried away with too much thinking. Just go with a flow. I personally do not ...

Trend Trading All Pairs

very good thread but far from being No Brainer

No Brainer Trades

For me it looks more like this : image

Trend Trading All Pairs

eur/nzd is in longer term downtrend but you never know how far this thing can go. it might be 1000 pips run or more. here is classic Hectorlike set up but different ma's.

Trend Trading All Pairs

Thanks Rexx, will be relaxing soon Here is set up for eur/nzd. looks good for long side. i might get in although I am not sure cause I am leaving soon and depending upon PA. I got stopped tonight on this one just where the last wick is. image I ...

Trend Trading All Pairs

image got stopped on 4 trades. 1 BE aud/usd and other 3 about 1000 pips on all 3. covered my losses to open all current trades and the left trades have already 9% locked. +14% hanging unrealized. Going on vacation for 3 weeks this Saturday.

Trend Trading All Pairs

Herd went wild

Trend Trading All Pairs

This was a matter of time. China has been able to grow only through exports of cheap cr*p to the West. We did not need it in the first place. Cost us lots of good paying jobs and is a root of current crisis.

Trend Trading All Pairs

I actually think less analysis but no hesitation when there is set up present. cut losers let profits run go with a trend. The simpler the better.

Trend Trading All Pairs

I want to point it is expensive to go against aud.....they charge me every day for being short aud. remember I used to be long aud and was getting paid for this , ah, sweet 3.5% if I am correct?

Trend Trading All Pairs

markets are trending now. pick the pair now. there were some retracements/ pull backs. you can get in. eur/nzd looks like a classic Hector set up btw. I am already in almost all pairs I was looking to be in except for gbp/usd closed it 2 weeks ...

Trend Trading All Pairs

Quote: Originally Posted by Holy Cow image .... Just cannot get what so good about bad trade balance news for aud. hahahaha. the GDP was the excuse...of course, the USD smackdown as evidenced from the EURUSD bullishness is also propelling the ...

Trend Trading All Pairs