Well I've already shortened this pair based on a setup I've got on the Weekly chart which you can find in my previous posts. But this is my personal point of view of how this pair is doing, It's just for discussion and maybe educational for other ...

If you're trading on the longer time frames, you might need a wider stop loss in place. By the way, do you remember the AUDJPY chart I've posted earlier? It started to act sexy lately, have a look. Jesse.

It seems like re-testing previous Resistance level before continuing it's way to the downside. Let's wait and see. Good luck.

I've only managed to get 37 pips out of the GU move, the second position was stopped out at breakeven. I'm waiting for it to re-test the previous swing high and from there I'll enter another trade. I'm in UJ also, but my targets are a little more ...

I've attached a Monthly chart of UJ and it's strongly trending to the downside since July 2007, I don't think that this trend is going to end today. I mean until now the Trend line has not been broken and I think that another swing to the downside ...

Me too, I trust myself and my actions and that's enough for me.

I'll be the first one to obtain a copy of your book. Have a good day.

Hello again, I've just taken another trade on the GBPUSD currency, It's a long trade supported by a previous Support Level and the 50% Fib Level. This setup is so beautiful, I love it. Peace.

Keep in mind that having some sort of a detailed trading journal will help you in the future in the event that you are not sure what to do in any situation. I've attached a chart of the AUD/JPY currency, Keep an eye on it! Keep me posted.

Nice trades man One thing I didn't like about them is that you zoom to the 30M chart, I personally don't use the intra-day chart at all. There's to much than I can handle in them. Lol All the trades you've taken are good except these: UJ: On the ...

Nice topic you've started there. I have a positive attitude and a positive expectancy, boy am gonna be rich! image Lol I see that you like writing, go write a book and enjoy some additional profits from your free time. Never mind am sleepy and ...

Hello, I'm doing great but the week was slow. Glad to hear that you're doing well, keep going strong. Unfortunately that breakout was a false one, I've experienced these things so much and it's fine even if I score a loss so be it. I have plenty of ...

Quick update: I was keeping an eye on EURUSD and it finally broke out of the congestion area, Fly Baby Fly.

I've noticed a long term Resistance Level on the weekly chart which seems like it was broken several times but didn't have the momentum to push it through. The Fibs are also acting as minor resistance too. I would personally wait for the price to ...

Lol it's really confusing me all these negative and positive ratings. So do you suggest an easy to manage EA because I saw the one in the beginning of the thread and it says you need to open more than 1 terminal and etc. I didn't like it.

Few of them are actually using MT4 platform so I've decided on ZT as it's easier to manage and I don't need any complicated EA. Thanks.

Yeah I've already started working on the text messaging idea as most of them agreed on it, and even might start a ZuluTrade account for the other ones who're supported by this so this makes it easier for them. Last week was great I've closed 2 ...

If the leverage is 100:1. 1 Lot = $100,000 Margin = $100,000 x 1% = $1,000 Pip value = $100,000 x 1 pip ($0.0001) = $10 So all that you've said was correct.

I've tried that but not all of them are supported by these sites. Some of them do not use MT4 platform. Thanks anyway.

Well said Krysztau. That's absolutely correct as I've experienced it before. Newbies should understand this, it's not about doubling your money as soon as possible. It's about minimizing your risk and being calm and relaxed and confident in your ...