AUD/USD

Closed with small green as signal went off on the USDZAR.

To expand further on this, one of my rules is to limit my positions.
2 preferred, 3 danger.

So AUD even though was the second position taken the USDZAR showed more promise (stronger signal) so the AUD once green become the third and I closed out.

holding mine for a bit see if it will test 90 again

Just went long 1.5 lots @9025. Come at me bro.

expecting a 20 pips move to 9050

bailed out at 9048 that's for the week!! happy weekend guys

Got several short position ranging from 0.9021 - 0.9035... Stuck.. Seems I have to wait until Monday..

Guys, if there any upcoming news in Saturday and Sunday that might affect AUD in monday?

AUD/USD is easily my most favorite pair of the week - the cleanest and most precise moves I could find on all my pairs. Respecting the levels so accurately...

i guess it'll affected in monday miss depend on the news impact, as usually we saw in the cut or jump candle start.

I wouldnt hold anything risk sensitive over the weekend.... given the Ukraine situation.

all 3 of my usdjpy shorts in profit still no signal to exit.

What? Why?

I would reconsider the long order...

Simple... Be Fearful When Others Are Greedy and Greedy When Others Are Fearful... And i would say most of the ppl views this same as yours.... But i believe my technical setup more than this speculate

btw, my sl has been move to be.... Nothing to loose

Dear friends, Its Saturday, yeahh.. Its a weekend, a day off. So if I may. If im allowed to share these post from someone respectable, that I find his post is very true in my opinion.. These post also for me, its remind me and refresh my mind, thoughts.. I would like to share it in here for my friends. Credit Goes to BBPI_fxtrader. Thank you for your post at 17 May 2012 ago.. Friends, have a nice weekend ^^V

Sorry these is the full copy paste from his post:the problem with almost all beginner traders in the forex market, is they calculate all there would-be scenarios, like if I make 10% a month, I will be a millionaire in x years, or if I make y% per month I can retire in xyz months or whatever.THERE IS NO x% per month !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!stop planning months in terms of returns !!!!!!!!!!!!!!!!the markets do not work like that. This is not a bank where you put in money and expect to receive a certain % any given month. as soon as you get this out of your head, that's when you will START being on the right path. You're not even remotely there yet. Yes, it would be awesome, if one were to make 10-15-40-70 or even 100% a month every month. It will NEVER HAPPEN. EVER. Because the market doesn't work like that. The market doesn't give you what you want. You have to get it and earn it. To all the rookies, learn these things, and you have just made another step into becoming a better trader:1. stop planning months in terms of returns. or years. STOP. JUST STOP. stop planning. FOCUS INSTEAD on making the best trades, with the least risk and the highest probability of winning. In the end it's a sum game. Winning trades-losing trades = PROFIT. 2. this is long term. If you think you can make thousands of $ starting with $1000, in one year, think again. Go play roullette at the casino. You have a better chance making it there, and I can assure you it's more entertaining and not frustrating.3. STOP DREAMING about what you will buy with the money, how your life will change. Once you get there, you can think about that. Until then, get back to work !4. STOP trying millions of systems !!!!!! Nobody is going to spoon-feed you a system with which you can make money. I mean seriously now !? If I had a PROVEN LONG-TERM system of beating the markets consistenly, I would sell it for millions of dollars(not even joking), no way give it for free on a forum. Sharing ideas and strategies, having debates with fellow traders, etc, that is a great way to learn and to look at things from a different perspective. But if you think you can just come to FF and browse the trading-system threads and instantly make 2849264926492% per month, get your head out of your a**5. Trading is hard work. If it were easy, everybody would do it. Just like poker. You bet on an uncertain outcome in the future(but which has a certain proabability of happening). Why do you think you see pretty much the same names at every big poker torunament making the final tables. Poker is a game of skill. Trading is a game of skill. The best poker players of the world, have an EDGE against the other poker players. They gained that edge through thousand of hours of studying and playing the game. You think they are blessed with more luck than the others ? be real. TRADING IS EXACTLY THE SAME !!!!!!!!!!!!!!!!!!!!!!!!!!! play hard. go proTwitter: @forexpokerproThank you

agreed with the quote post, its great advises. that's why i didn't agree with some thoughts says 'forex is gamble game', and indeed 'Trading is a game of skill'. Now the big question is how you could be a pro trader with high skill level and often participating in the Final Table? the answer is "learn and become a pros with 'traderschoolonline' ..

Interesting article.

Is Russia pulling money out of US for safekeeping?
http://www.businessweek.com/articles...eeping#r=hp-ls

So wanted to read however the format was messing with my head.. OCD much.. Had to reformat it.

The problem with almost all beginner traders in the forex market, is they calculate all there would-be scenarios, like if I make 10% a month, I will be a millionaire in x years, or if I make x% per month I can retire in xyz months or whatever. THERE IS NO x% per month!

!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!Stop planning months in terms of returns!!!!!!!!!!!!!!!!

The markets do not work like that. This is not a bank where you put in money and expect to receive a certain % any given month. As soon as you get this out of your head, that's when you will START being on the right path. You're not even remotely there yet.
Yes, it would be awesome, if one were to make 10-15-40-70 or even 100% a month every month. It will NEVER HAPPEN. EVER. Because the market doesn't work like that. The market doesn't give you what you want. You have to get it and earn it. To all the rookies, learn these things, and you have just made another step into becoming a better trader:

1. Stop planning months in terms of returns. Or years. STOP. JUST STOP. Stop planning. FOCUS INSTEAD on making the best trades, with the least risk and the highest probability of winning. In the end it's a sum game. Winning trades-losing trades = PROFIT.

2. This is long term. If you think you can make thousands of $ starting with $1000, in one year, think again. Go play roulette at the casino. You have a better chance making it there, and I can assure you its more entertaining and not frustrating.

3. STOP DREAMING about what you will buy with the money, how your life will change. Once you get there, you can think about that. Until then, get back to work!

4. STOP trying millions of systems!!!!!! Nobody is going to spoon-feed you a system with which you can make money. I mean seriously now!? If I had a PROVEN LONG-TERM system of beating the markets consistently, I would sell it for millions of dollars (not even joking), no way give it for free on a forum. Sharing ideas and strategies, having debates with fellow traders, etc, that is a great way to learn and to look at things from a different perspective. But if you think you can just come to FF and browse the trading-system threads and instantly make 2849264926492% per month, get your head out of your a**

5. Trading is hard work. If it were easy, everybody would do it. Just like poker. You bet on an uncertain outcome in the future (but which has a certain probability of happening). Why do you think you see pretty much the same names at every big poker tournament making the final tables? Poker is a game of skill. Trading is a game of skill. The best poker players of the world, have an EDGE against the other poker players. They gained that edge through thousands of hours of studying and playing the game. You think they are blessed with more luck than the others? Be real.

TRADING IS EXACTLY THE SAME!!!!!!!!!!!!!!!!!!!!!!!!!!! Play hard.

AUD/USD
The Australian is in the zone of accumulation volumes 0.8700-9000. Prerequisites to growth remain. I opened a long position at 0.8896 with a stop already at 0.8896 and profits 0.9220, 0.9750.

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