EURJPY - Trade closed News from Europe this morning were worse than expected, the 140.00 mark didn't hold and the stop loss was hit. This is my 5th bad trade in a row.

EURJPY - Resistance break Reasons for entry: Well defined up channel as seen in the weekly or daily chart. For the last 6 days, the pair was trading in a tight range and finally today it closed above the resistance of 140.00, which suggests that the ...

EURUSD - trade closed. For the last two days the bulls agonized and today finally the pair is trading below the support zone. Given the current bearish bias, it seems that will close below 1.36, so I decided to close the trade at 1.3540 for a loss. ...

EURUSD - BUY Reasons for entry: Uptrend since July 2013; Well defined support and resistance zone from 1.3600 to 1.3650; Bull candle formed Friday with its close price above the resistance zone; Today the pair tested the support and found buyers. ...

EURNZD - stop loss hit Unfortunatelly the resistance break was short lived and the position was closed at 1,6540.

EURNZD - resistance break. The pair closed above the 1.6660 resistance level and the price action today suggests that the bullish momentum may continue. If the pair retraces and closes below 1.6660 I'll consider to close the trade, if given the ...

Hello my friend DundiFX Good to see you here too !

Welcome Ranjitd, By recording my trades here I'm willing to improve my trading skills. I hope I can help you in some way. There are good tutorials about "Price Action" on the following websites: Nial Fuller and Forex School Online. Good luck my ...

EURAUD - update Today the pair made a new high at 1.4842 (only 50 pips from my take profit level) and found a good selling pressure. At the end of day a pinbar was printed on chart, although a bit below the resistance. So I don't know whether a ...

EURAUD - update In line with my expectations the pair moved strongly to 1.4800 and closed at 1.4775. Almost 200 pips from the entry point. It's important to mention that 1.4800 may be a light resistance IMHO, so if I see a "pin bar" in the days ...

EURAUD Recently there was an up move from 1.4100 and then a consolidation phase just below the 1.4500 area, which is an evident resistance zone. Today the pair closed above 1.4500 with a very bullish candle (with a short wick on its top) and now ...

Me too. Let's start the thread ?

Trendlines

What pairs and time frames do you usually trade ? Thanks.

Download the following zip file: url It contains the color moving average indicator.

Hi traders, I use MT 4H charts with the first candle opening at the NY close (5PM). I've seem good price action when a 4H candle closes confirming a breakout, confirming a reversal, or validating a trendline for instance. Such behavior makes me ...

I don't want to disappoint you, neither I'm saying that automated trading doesn't work, but here goes my story: In my early trading life, I was amazing with indicators and all those fancy lines, and I guessed how could I automate trading, since I'm ...