its been perfect for range trading!

I think a safe trade for a 2:1 risk/reward would be STOP At .80 and take profit around .73....or so my algo tells me. Of course, I think with this bigger of a timeframe, you need to constantly think about the macro news.........as long as it keeps ...

I blew out my early account following the "Oh my margin call is 20 big figs away". the problem is your Risk/reward is still skewed, and eventually you will, or you'll get tired of seeing a huge -500 pip drawdown month after month. Trading bigger ...

I'd like to advise you guys to be really careful here. Aussie and New Zealand dollar have both fallen nearly 100 pips in the last 12 hours and 250+ pips in the last 24 hours. That's a big move, and it came from behind the Fed. You've missed the ...

Finally, my outlier trading algos redeem themselves +60 on EUR and + 90 pips on GBP

This is one of the most interesting pairs to me, there's certainly the most market forces in play for it. I'm expecting a pull back at some point now.....but I don't know what level it will come. 1.335 looks likely now, but I"m not sure? It could go ...

I always come on here, share some insight, listen to some others, then get discouraged by, incoherent posts, bickering or newbies posting something. Let's try to keep it professional. We've either starting a new leg up now to 1.34 by London open, or ...

There's absolute no reason it can't blast to new highs on some bullshit news lol. It's a reasonable play though I think go to short, you can just simply put a stop loss at the resistance points, the risk/reward is probably not as good as taking a ...

EURAUD, yeah.....I blew out my first account trading AUDNZD actually. It just kept trending one way, and I followed the analysts advice, contrary to the neverending trend. It's not a good play to try and pick a top or a bottom. It's very possible ...

HIt my target again, but I only reloaded half for 1.412.......1.4123 was the high on my chart. I don't know if it'll go up more, looks tired.

Just had a long limit out at 1.407, my TP target, missed the top by 2 pips. I may reload soon buying at 1.405 with TP 1.412

Good pips this week guys! I hope there's more volatility coming

It'd be nice if you posted some kind of logic as to why.

Ok, why do you believe this? I'd say longer term, ie, no sky limits, it's going back to 1.20s, based fundamentally there's not much there to justify increased valuation. Pull up a daily, in fact here i'll show it.....do you see the uptrend? but do ...

The fact you ASKED this, and you've been on the board since 2010, I'm a little disappointed. Look up the ATR....it's a very common measurement, to answer your question, it varies, but it's right around 100-120 pips typically (historically), but the ...

Hey guys, I'm watching the tick chart here for AUDJPY, at 95.00, there's some CRAZY algo business going on......I like saw an ask price below the bid (ie instant arbitrage) and suddenly the price just jumped up 10 pips. USDJPY also had a similar ...

ADP Payroll miss.........you must pay attention to the calendar!

I'm expecting a bounce here off of .96, if we go through .96, that's a major support level, and we'll quickly see .955

I see a longer big triangle-wedge forming, with Higher Lows......ie, we may not visit .93, but have already visited .95 enough

Glad I got out, this is a joke.