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- soyabean replied Jun 24, 2011
usdchf — another interesting opportunity on USDCHF, horizontal channel breakout.
- soyabean replied Jun 23, 2011
GBPUSD reversal — Having completed both its monthly and weekly range, there is a higher probability for GBPUSD to advance now with a breakout imminent. Good risk to reward with a daily target at 1.612, will watch out for this space during ...
- soyabean replied Jun 23, 2011
Both trades doing decently well now. 2 more days for USDCAD to complete reversal to 0.9869. Looks quite likely to finish with a profit. USDJPY however is a more interesting picture as it is still half of weekly range. Meanwhile today's performance ...
- soyabean replied Jun 22, 2011
upwards — as well it might be, it broke north instead.
- soyabean replied Jun 22, 2011
Potential bearish divergence? — Seems like the short side is a higher probability trade.
- soyabean replied Jun 21, 2011
nzdusd — An interesting opportunity is setting up again for NZDUSD today. Will get it a couple more hrs to form a defined triangle before planning my move.
- soyabean replied Jun 21, 2011
updates — Closed my nzdusd for a small profit as it doesn't look like the horizontal channel breakout was working correctly. Overall it seems to be pretty good so far, up 13%, however, it was considered fortunate due to the major eurusd ...
- soyabean replied Jun 21, 2011
Trying to catch a breakout. Doesnt seem to be working as price has retraced into the horizontal channel.
- soyabean replied Jun 21, 2011
Short usdcad — Been a pretty good week after a rough start to my demo account last week. Yesterday's EURUSD trade was a major winner that helped me recovered all my prior small losses.
- soyabean replied Jun 14, 2011
long natural gas, short euro stoxx, short gold, short usdcad — NGN - Price momentum is up, enter on retrace, with SL at next support. EXM - Price momentum is down, enter on retrace of resistance. My orderbook as seen on myfxbook is a little ...
- soyabean replied Apr 8, 2010
USDCAD — I have a really strong bearish bias for UCAD. Its trading at parity now after it broke weekly support ard 1.028. Next possible support comes at 0.974 area, looks like its a good try to go short at a possible retrace. A bearish ...
- soyabean replied Apr 8, 2010
contrarian trade — Overall its looking bearish for the pound, but i'm going long here... i don't usually enjoy picking bottoms, but the daily tweezers is really tempting. Trying to pick a bullish retrace against the long term bear trend. Risky ...
- soyabean replied Apr 5, 2010
Jed — Hi Jed, My apologies for my late reply on EURGBP. Well, technically we should not fuss over the 'perfect' TL. The major TL will be more appropriate in this context since it is more obvious to most traders. However, I should point out ...
- soyabean replied Apr 5, 2010
As a matter of fact, the only trade I took today was a short with the same setup. As you rightly mentioned, the bias is short for Euro at the moment, we should be looking for bearish candles at fib retracements.
- soyabean replied Apr 1, 2010
short usdchf — Seems like a good area to go short, nice bearish engulfing candle at 38.2 retrace and testing previous support turned resistance.
- soyabean replied Mar 27, 2010
Dra is still trading very well, you can catch him on skype. Trade the reversal setups like a trendline break.
- soyabean replied Mar 25, 2010
My entry chart on 1hr. Happy pipping everyone!
- soyabean replied Mar 25, 2010
Hi Jed, Firstly, I don't quite like most of the trades you took in your recent posts. A good idea is to always open your trades in the direction of the trend. You are trying to pick reversals based on reactions from the daily level. I understand Dra ...
- soyabean replied Mar 19, 2010
Re-entered the usdcad today, but failed to take profit when price went down, it moved so fast while i wasnt around! Still has a strong short bias though, short short short
- soyabean replied Mar 18, 2010
Hi, i have attached my USDCHF trade taking entry at the evening star. I mentioned in my earlier post that I have set my SL behind possible resistance, which indeed was how the trade turned out. It tested resistance and turned down. I did not ...