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pt49 replied May 24, 2012It may just be testing resistance... if you missed the earlier trade short, consider a short now. I'm not suggesting it, but I AM asking you consider it... look at 1 hr, 4hr etc, fibs, resistance and possible Stop level. I will give you this much... ...
AUD/USD
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pt49 replied May 24, 2012
doubt it. If you missed the boat don't try and jump from the wharf as it's leaving (centuries old forex trading saying from Confuse'us).AUD/USD
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pt49 replied May 24, 2012You didn't get a pass in grade 3 arithmatic I guess.
Need A Pip Calculator (Creation of a new software perhaps)
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pt49 replied May 24, 2012Hopefully some few of us got in on this trade. I forgot to place the resistance and fib on my earlier chart, however it all worked out almost perfectly. Resistance was the "pink" line (forgot to place arrows). If you took this trade you are 50 pips ...
AUD/USD
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pt49 replied May 24, 2012Which way will the Aussie break? Trend is still majorly down, so I would expect to see a false break up followed by a test of 0.9660. Assuming an entry around .9750 the risk/reward is going to be over 3:1
AUD/USD
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pt49 replied May 24, 2012It would be better if you could post your analysis here instead of sending viewers to your blog. Better I think to send your blog readers to here

AUD/USD
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pt49 replied May 23, 2012The tick volumes you refer to is limited to the volumes of your own broker only as far as I know. I have never used volumes in trading forex because its about as useless as every other indicator on our charts..
AUD/USD
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pt49 replied May 23, 2012That would be nice, I would meet my 5% monthly target in only 8 trading days.

AUD/USD
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pt49 replied May 23, 2012I started with $5,000 about 10 years ago, lost ½ of it then closed the account to learn what went wrong. Started again and lost another 3 or 4 accounts over a 6 year period, the largest was too embarrassing to disclose publically. I've traded for ...
How much did you start with?
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pt49 replied May 23, 2012Trend Continuation entry — Example of my trend continuation entry. Trend is determined by either 8 and 16 ema's moving apart, or more simply by just looking at a daily or weekly (or a chart of a higher time framne than the entry chart.
$2,000 to $2,000,000... no time limit
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pt49 replied May 23, 2012Long wicked candle example — This is an old image but it explains the method well.
$2,000 to $2,000,000... no time limit
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$2,000 to $2,000,000... no time limit
Started May 23, 2012|Trading Journals|158 replies
This journal is as much for my benefit as much as it is for anyone else who bothers to follow ...
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pt49 replied May 23, 2012Learn to place entry orders... buy/sell limit and buy/sell stop orders, and go back to the TV
AUD/USD
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pt49 replied May 23, 2012My way of trading the current situation if I was not already committed
AUD/USD
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pt49 replied May 23, 2012I think you are demo trading, because based on your earlier posts I can't believe you'd take a reversal trade in these corcumstances. Better and much safer to wait and take a sell on a rally.
AUD/USD
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pt49 replied May 23, 2012Hey guy, the chart was for the benifit of traders who insist that the AUD/USD is going to turn around today.
AUD/USD
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pt49 replied May 23, 2012Apology accepted, but not really necessary to apologize I guess. We all have our opinions of where price is going (hopefully) and taking the time to post those opinions in forums is a dedication in itself. I have not posted much in FF for a few ...
AUD/USD