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    • silversurfer replied Mar 24, 2011

      AUDUSD — I don't know if anyone else suffers from this problem but when I look at the aussie chart right now it suggests a possible long trade. I have great difficulty persuading myself to go long after we have such a good run up and a pair is ...

      Flag trading the trend
    • silversurfer replied Mar 24, 2011

      My approach to trading pairs with higher spreads is essentially the same, just factor in a bigger spread to the 1 pip gap. Spread on pound yen is around 2.5 to 2.8 compared to 1.2-1.7 on eurusd, if the pair has a decent daily range it's not a ...

      Flag trading the trend
    • silversurfer replied Mar 23, 2011

      I took it at 72.2 but it is slow moving, have a very tight stop just above what I determined short term resistance to be - 81.2. I took a bit off for 3.5 pips to make sure it was a break even trade even if it hits my stop. A lowish conviction trade ...

      Flag trading the trend
    • silversurfer replied Mar 22, 2011

      GBPJPY — This is a trade I took on pound yen and it shows the benefit of zooming out. The white lines are the support/resistance which are not visible unless the chart is zoomed out. Amazing how what was resistance is now acting as support.

      Flag trading the trend