- Joined Jun 2009 | Status: Trend Trader | 5,607 Posts
Find a trend and milk it for all it is worth. That's how to be profitable
10sma on Weekly Chart System 38 replies
Trading with a 10SMA 4 replies
What is the difference between an "interday" chart and "intraday" chart? 2 replies
DislikedLet me show you why I liked it there was a lot of chop but we had a fake out right at the top that cleared the highs of the range gives more of a bias to break the low of the rangeIgnored
DislikedI know this is a bit earlier, not close yet.
But can we assume it would be closed below 10sma?
66.65 is a big support in weekly, if you enter now, you have to take the risk for short at support
However, looks like deserve a try, 1st target: 65 2nd target 63.5Ignored
DislikedThere is a strong support at 1,0630 wait for it. Well spoted ChicajudyIgnored
Dislikedthe 66.65 is a big support, wait for this to be broken.
Of course, chance are still there, it would be reversed by the 66.65 support.Ignored
DislikedGreat trading everyone my trades this week
closed GBP/USD -29.6
closed EUR/JPY +1.6
AUD/USD currently +105
NZDUSD +127
USD/CAD +14
Moved stops to +50. I noticed you guys are trading some of the more exotic crosses I've stopped looking at them because of the erratic behaviour how are you finding them?
This is great thread good work everyone especially BKG
All the best.Ignored
DislikedI canceled my GBP/CAD trade -30
I follow BKG rules and look at almost everything I have. More exotic pairs mean bigger spread at least for me. It is allright I guess as long as signal is valid and there is 50+ return in horizon.
I also found that this amazing strategy works best in trending market not necessarly in ranging conditions am I right?
For example I took amazing trade on NZD/CHF two days ago and took about 200 pips in total. Ride it from res to sup however ma cross occurred almost in the middle of the trade and I made my decision to go...Ignored
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cheers for the reply interesting thoughts, I do look at a couple or crosses EUR/JPY and EUR/GBP its just most the good traders I've heard about don't trade any crosses other than as they feel they move differently but I might start looking at a few for this method I was also looking at some metals and oil and index last night as well could also work I'll keep you posted.
I'm at +360 for my trades since Sunday at the moment so things are looking good, I like the USD/CAD trade as well as that had extra bias for...Ignored
DislikedYes mate two weeks ago I grab 650 pips. About crosses I would say look at the corelation table right here
http://www.forexticket.us/en/tools/01-01-correlation
try to avoid trades like buy USD/CHF and EUR/USD at the same time and everything should be fine
btw I am selling most aussie pairs atm
I am still newbie thanks for s&p info did not know that as I am still a baby in FX who just started to crawl
good luckIgnored
Dislikedyour link is wonderful... tq
for the past 5-6 days...
oz is weak
usd strong...
jpy is turning strong...
most times i observe usd, oz and jpy pairs...
then follow the trend to trade
my 2 cents
oz and nz move fast but
it is 4th day, oz/cad is crawling
cheersIgnored