So my trades this far: #1 2007.12.11: Short @ 111.50 Closed @ 111.45 P/L: +5 #2 2007.12.17 Short @ 113.10 Stopped @ 113.40 P/L: -30 #3 2007.12.19 Short @ 112.90 Stopped @ 113.40 P/L: -50 #4 2007.12.21 Long @ 113.52 Trade still ongoing with SL at ...

Trades of newbie... we know how it started, where will it end?

Keeping in line with what has been written here, I leave you all with another Livermore quote (bold is mine): “With me I must back my opinions with my money. My losses have taught me that I must not begin to advance until I am sure I shall not have ...

What made you successful @ FX

1.34 ? Am I the only one thinking you guys are on the effect of something nasty? I don't see it break much further than 1.41 and I'll be a buyer close to that area. Maybe I'll change my mind when it gets there but I see no technical or fundamental ...

EURUSD

Actually, my system changes with time (well, not the system, the entry points) so the long position got activated but at 113.52 (the short had changed from 112.70 to 112.60 which did not happen). I left the position open for the holydays with a stop ...

USD/JPY Discussion

Paper trading for 3 months is nice, but is meaningless. Most people here have the dream of trading for a living. How do you expect to trade for the next 30 years or more based on 3 months of testing? That is like going to the casino and trying to ...

Stacking the odds ..yes we do need luck

That is confusing... how is USD becoming so strong against JPY and so weak against EUR and hold steady against the other currencies? It seems highly unlikely that those happen, however you will probably be right in one of them.

In the year 2008...

I'm so confused that I have two open orders at the moment. I'll short if it breaks 112.7 and I'll long it if it goes above 113.7

USD/JPY Discussion

Trichet does not have to choose sides, his mandata has chosen sides for him: to fight inflation. Unlike the FED, the BCE's mandate does not tell him to focus on inflation AND on economic growth. Although, of course, both are related BCE's focus is ...

Cesarnc's market talk, gossips, rumours & fun

Seems better than mine, just got stopped out for a 50 pip loss I'll keep watching to see if I find another re-entry zone but as Christmas approaches I wonder if I should just go on trading vacation and wait for the new year.

USD/JPY Discussion

I know this pair has been quiet but no one wants to comment? My system told me to short early this morning at 112.93 but the pair seems to have found support in the daily Pivot Point S1 which is at 112.75 Seems like the holydays already started ...

USD/JPY Discussion

Not sure about the thumbnails but for the future you might be interested in posting JPEG or GIF files. BMPs are too large and consume too much bandwidth (maybe that is even the reason why there is no thumbnail).

GBP/JPY charts

I'm new to PB... can you elaborate on your "no" ? Is it because of the big tail to the upside?

Daily PIN Bars

I would advise you to read my thread where I dissect the problems I came around with when trading FX for the first time. I am back trading now with smaller positions after a time-out period where I analyzed several systems (only made two trades so ...

LOST 7K$ in one week, help!

I am seeing much struggle at this area, especially if I lower the timeframe there is indeed some indecision. We have a very interesting battle here especially on the support that is 1.4520 (we have a close below that in the 4h chart). Bulls and ...

EURUSD

Sorry... in which timeframe are you seeing the pin bar on USDJPY?

Cesarnc's market talk, gossips, rumours & fun

Mr. Bernanke just made my stop activate. This move will probably discard previous analysis made so I don't know about you but I will be waiting on the sidelines until the dust settles.

USD/JPY Discussion

Apparently USD is back against the JPY... and my SL is almost hit now Was the extended move down a couple of weeks ago overdone?

USD/JPY Discussion

Most relevant support I see is 1.4520

EURUSD

Either you agree or you go long soon... can't have both

USD/JPY Discussion