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Joined Jan 2007
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Status: Lighten up and have fun....
|385 Posts
Ok, being fairly new to this pair, I have a question. For those of you who bank over 100+ pips, other than using a 100 pip s/l what are your indicators to keep you in those trades?
All hard work brings a profit, but mere talk leads only to poverty.
Ok, being fairly new to this pair, I have a question. For those of you who bank over 100+ pips, other than using a 100 pip s/l what are your indicators to keep you in those trades?
Ignored
a 100 pip move for this pair is not uncommon at all.. just look at SR areas and fib lines to gauge profits and stop losses
I have been picking up a few pips shorting yen crosses today, but I am being very careful and watching very closely because it would not surprise me to see some movement up soon.
and now what? It's finally time to go down? or we still need to wait a bit more?
Ignored
Don't use this as a trade recommendation. I think we are retracing on the most recent movement up - we went to the 38.2% and I am looking to see if we will bounce here or go to the 50% fibo.
I could be wrong, I think we might head up soon and I'm still in a long....if not I'm staying in my long.
All hard work brings a profit, but mere talk leads only to poverty.
thanks for the info guys about support and resistance
well my software can do it too but i was looking for something like a service that i got for free in my broker, to bad that they dont give g/j resist and support lines for free.
I still long but i think that if we have no change in the next hour or if it go down around more 40 pips my indicators will be short, lets see...
is there any way to get it to alert you with a pop up when it changes trend?
