Remember Tyrant, it's good to trade a Demo like you would a live account psychologically anyways. I had been posting articles as to why the Yen would weaken for the past 4-6 months. Fundamentally this was going to happen regardless of Abe being ...

AUD/USD

Agreed! Yen is going to weaken, long term trend being reversed as we speak, just waiting for a decent pullback to get long again. Being over leveraged and over confident will blow an account...

AUD/USD

Hahaha, thanks bro!

EurAnalysis

Hey PT, Where did you get that volume indicator which states Buyer Volume and Seller Volume separately? Mind sharing? Pretty please!

EurAnalysis

I don't know about that, I made a killing longing various JPY cross pairs earlier this month. Also, YEN futures have broken a 6 year TL!!!! One would be crazy to Long JPY... long term trend reversal is in effect. I would look to buy on any decent ...

AUD/USD

AUD/USD still short term BIAS for the mid-term. *20 EMA about to Cross Over the 50 EMA on the Daily chart *Daily TL was broken and confirmed with 12/21 Daily candle *Bearish Engulfing (BEEB) on the Weekly for 12/19 candle which happened to be right ...

AUD/USD

Short positions are looking GREAT! I love waking up to Green Pips! A little over 100 pips floating profit with G/U trades at the moment. Expecting another push down tomorrow. We'll see...

Cable Update (GBPUSD)

Agreed! About a 1:4 RR ratio for a few mid-term positions. Also heavily SHORT AUD/USD, NZD/USD and LONG EUR/AUD and GBP/AUD.

Cable Update (GBPUSD)

Adding one more short at 1.61627. All positions have Stop Loss @ 1.63060 and Profit Target of 1.55

Cable Update (GBPUSD)

I understand, hope I didn't come across rude as that was not my intention. Best of luck sLOVEnia with your trades!

Cable Update (GBPUSD)

1.63 hasn't been broken since August 2011, that is almost a year and a half... I wouldn't place that kind of bet not with last week's Shooting Star on the weekly right at major resistance and weekly TL. My shorts are based off of Price Action at ...

Cable Update (GBPUSD)

Thanks ForexRat!

Cable Update (GBPUSD)

Price Action and Support / Resistance is still in play regardless of how much Volume is there. I was able to bank 4,200 pips on multiple pairs in the past 38 days using my strategy Good luck to you as well ForexRat!

Cable Update (GBPUSD)

I already got short up at 1.058 once price was rejected from the Weekly TL. Also, Bearish Engulfing (BEEB) weekly candle last week tells me we have A LOT more downward movement in the coming weeks/months. From now on I will only be scaling in more ...

AUD/USD

Still maintain Bearish bias for Cable as I let the charts speak for themselves. Updated Weekly, Daily, and H4 Charts

Cable Update (GBPUSD)

PT, Thanks for getting back to me on this. After reviewing the monthly and weekly charts again I can now see 1.395ish (1.40) being a pretty significant support in the past which should also serve as good resistance this time around assuming price ...

EurAnalysis

Scaling in one more SELL position at 1.03676 Profit Target: .98 **20 EMA is about to cross over the 50 EMA on the D1 chart. This will be more confirmation that we will see more downward movement during the coming weeks.

AUD/USD

Scaling in another SELL at .82104. H1 is "over bought" using Williams %. D1 MACD in downtrend. Profit Target: .78

NZD/USD

I'm right there with you in regards to Target and a probable time frame. Regardless of the outcome of the "fiscal cliff" debacle, money will flow to USD as safe haven flows while risk assets such as NZD, AUD, and CAD weaken against the ...

NZD/USD

I will keep an eye on PA once we move a little lower down to see what the charts tell me at that time. I should specify that I am more of a Swing trader so my trades are normally held anywhere from a few days up to a few weeks (sometimes months) ...

NZD/USD