Close Out the Week — Closed out my EUR/AUD long for a 3.5% bump to the account. Went long at 1.2535 on the triangle breakout. Probably a premature exit on the trade, but I never really wanted to be long this pair, and prefer banking my success ...

EUR/AUD Triangle — Anyone still willing to test their luck with this pair? 400 point target based on breakout in either direction on this triangle. Long gets us back to original consolidation breakout area of 1.30. Short gets us back to ...

AUD/NZD Pin — So far so good. So I thought I'd go ahead and jinx this. Trying to ride this back down to trend line area of 1.26 or 1.25. SL at break even now.

Definitely an interesting area. I went short on the break of the pin bar at 1.300 and have my SL at break even now. I'm trying to ride this back down to the trend line area of maybe 1.26 or even 1.25.

I entered this after break of the pin yesterday, at 1.2950. My greedy target would be 1.25. But like you said, it's still early and I'm mentally prepared to see this go either way.

AUD/NZD Pin — Interesting to see if this can finish the day as a pin bar and close below 1.300

LOL....well, I guess the momentum was short lived on that idea. The top of the pin never broke, so my order didn't get triggered. So no blood, no foul. But damn......that was ugly.

You are most likely taking the more intelligent course of action. I, on the other hand, can be fairly impatient. Instead of waiting to see if this breaks 130.00, retraces, and turns that resistance into support, I'm going to get a head start and ...

Just closed out my position. It was a short based on a 4h entry from my previous post. Not sure if I'll be around to babysit it today and don't want to leave it stalling or consolidating, going into the weekend. Might as well just ring the register ...

Exceptions to the Rule — I'm not sure what the rule is. I'm not sure if this is an exception. I only know that I miss my old friend the EUR/AUD. She beckons me to enter prematurely, after a massive liquidity injection by Mario. I try to ...

Except when there isn't.

I have officially retired from this sham called FX. For the weekend. See you guys soon, and have a great weekend.

My USD/JPY hasn't triggered yet, and it may not. It might just make some legs and keep walking up and over 80.0. The 79.50 is definitely a more legit zone. I'm just being greedy and trying to exact my revenge on a market that owes me......it's a ...

USD JPY Pin Short — I've got another 30 minutes left on my chart broker's daily candle. USD/JPY is forming a nice 2 day pin. Looks to close under 80.0 by a hair, and is also being rejected by the 365 EMA. I'll take a stab here and try to work ...

Looks like it's found .90. Let's see if it holds/bounces, or falls straight through. Also, I've got another 30 minutes left on my chart broker's daily candle. USD/JPY is forming a nice 2 day pin. L Looks to close under 80. by a hair, and is also ...

Well.....I took a 5.3% haircut on my EUR/AUD play.....so I can relate. LOL All of it's a joke. Not only the Greece bailout. I had my 9 year old daughter pick a number between 1 and 100 today. And my son had to say up or down. So........the next time ...

That was a great read! It even had a bonus for me, as one of the researchers was from my alma mater, the University of Miami. If anyone is ready to take a leap from the scientific to the conspiratorial, the CEO of Overstock.com has a website where ...

Great post and didn't feel like a lesson or sermon at all. I appreciate the feedback. The FX market brutally exposes a person's failure to combine the two concepts of "knowing the right thing to do and doing the right thing." The mental part of the ...

You sir, are a better man than I. More patient at least, and less prone to itchy trigger finger apparently, as well. I work from a home office here in CR for the most part. So unfortunately, I prbly have the charts open way more than I should. I ...

And just to avoid any confusion, the "Mr. Fish & Chips" remark was to the EUR/AUD, not you Chris. Although in retrospect I guess that would be more appropriate for the GBP, and not the EUR.