- Search Metals Mine
- Jhig replied Dec 15, 2008
You trade based on fear. Its almost like you're trading blind. You're entering/exiting trades without a plan and no insight into the market let alone the trade. Just a tip. I know lots of traders perfer to scalp lower time frames (i.e 1min, 5min, ...
Closing positions to early.
- Jhig replied Dec 15, 2008
Agreed. Todays P/A move is over/done. P/A will most likely range 50 pips or so for the next few hours until the Asian session. If not Asian, the London session will definitely move the market to 1.40xx. But I have a feeling the Asian session will ...
EURUSD
- Jhig replied Dec 15, 2008
Well, P/A seems to have come to a complete hault in the middle of the trading day. Due to this ... there is no way of telling which way the market will be heading. Based on the momentum of this Long run, P/A may be heading up to 1.40xx before ...
EURUSD
- Jhig replied Dec 15, 2008
4 Hour chart show potential of more gains though I see P/A may range around the 1.36xx range. I believe, when it breaks ... it may go long another 100pips.
EURUSD
- Jhig replied Dec 15, 2008
I would wait until 1.36xx is fully broken. At this point it may fall. Only time will tell.
EURUSD
- Jhig replied Dec 14, 2008
I agree with the previous posts ... babypips.com & get you a non-expiring demo trading account (I hear most of the Metatrader brokers offer lifetime demo trading with MT platform for free or Oanda). When your first starting out ... 10pips sounds ...
How difficult to make 10 pips every day with only one hour trading?
- Jhig replied Dec 14, 2008
As many has said before ... we really don't know what will happen in the near furture. Every one has an idea ... there are only two outcomes that will definitly be for sure. Market up or market down (As if it were so easy
). Where it place ...EUR/USD flagging south this coming week
- Jhig replied Dec 14, 2008
Im a huge fan of the Yen. I would even go as far as saying, "its the perfect pair to trade". Affordable, decent P/A movement, low spread/margin cost. I even think the u/y is a better trade than e/u. But lately ... it has not been my favorite pair ...
Dumb it Down: Yen's Strength and its Effect on the Japanese Economy
- Jhig replied Dec 13, 2008
- Jade Agreed. Price action will retrace next week but before the week is over, bulls will control the move. More bad news for USD = more good news for EUR. Looking at the chart ... price was abruptly held up at 1.34xx level, which will probably ...
EUR/USD flagging south this coming week
- Jhig replied Dec 11, 2008
I forcasted it a few pages back!!! I knew exactly what was going to happen. I swear ... the biggest move since I Oct and I missed all of it. Broker's servers went down (luckly I had a stop in place for such unexpectedness) and my Comcast internet ...
EURUSD
- Jhig replied Dec 11, 2008
For the last 20 min or so ... the market has been ranging within 30pips ... perfect scalping weather until another large upward move.
EURUSD
- Jhig replied Dec 11, 2008
We may experience a short retrace soon. Though, I believe it will be very quick short. Due to more bad US news ... market will probably move upwards for the rest of the day
EURUSD
- Jhig replied Dec 10, 2008
E/U P/A on the 1Hr chart is sideways at the moment with no momentum. Some pretty large moves will occur durring the US session due to news ... in the mean time, Eur/Chf/Gbp will produce momentum moves that will get E/U P/A out from this sideways ...
EURUSD
- Jhig replied Dec 9, 2008
1Hr Chart I see downward trend. P/A support/resistance level at 1.2880. If it breaks through , price may be headed 1.2800. If not, we'll see a bounce off of the 1.2880 and a continue upward trend. |Trade at your own risk|
EURUSD
- Jhig replied Dec 5, 2008
Slow trading hours like these makes me want to consider snagging on some stockings and a wig and make 100 million dollars.
url Auslanco - GBP/JPY and GBP/USD (newstrade)
- Jhig replied Dec 5, 2008
Think the reason the $ is getting stronger against terrible news is maybe because the UK, France, EC are not discussing entry into the Eurozone next week. This makes the US economy seem like the "grass is greener".
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Jhig replied Dec 4, 2008
(My Outlook) 1H Chart Trade at your own risk --- I see a small downward movement that will may be hit 134.xx or 134.2x. Only if this downward move continue. If it reverse, may hit 136.8x
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Jhig replied Dec 4, 2008
I think everyone is waiting for a clear trade direction. 4H & 1H charts show a possible up or down.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Jhig replied Dec 4, 2008
My Outlook — (My outlook) 1H Chart --- Up to 136.8x or Down to 134.7x
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Jhig replied Nov 27, 2008
Amen ... dwrights, rorieu, rogerdoger, sitoca, Duman I use to think it was me until I opened two other fx account with two different brokers. I make more money trading an Fxsol mini account & AlpariUS than my main broker (GFT). My biggest complaint ...
GFT Forex Discussion