Yea, doesn't look like it wants to go down... Just banked another 165 pips with a few EUR/USD shorts! This is turning out to be a very good week...up over 18% so far! Definitely taking the family out this weekend for some activities and ...

AUD/USD

Isn't it strange that almost everything is going down except for AUD and Gold? AUD seems to be the strongest currency next to the USD...

AUD/USD

Nice work Wulf!

AUD/USD

I'll be right there with you!

AUD/USD

Going to be a busy night for me! Hopefully we see some fireworks with the EUR...

AUD/USD

I understand, sometimes I over leverage myself but am working on that. I know that is my GREED kicking in and I need to check my self every once in a while.

AUD/USD

Hey Bogus, I've also got the H4 TL drawn on my E/A chart. It has been respecting it very nicely. What is your target for your E/A short?

AUD/USD

Interesting, thanks for your perspective JP! I'm a little confused though, do you consider 5% per trade as in each position opened. Or, a "trade" is a group of positions as in ALL of your AUD/USD shorts at any given time. Thank you in advance for ...

AUD/USD

1:1 - 3:1 per trade or for your entire account? I don't think I could make any money with 3:1 leverage... LOL My account is leveraged anywhere from 10:1 - 20:1 at any given time, but I'm a swing trader. Haven't done much "position" trading as I ...

AUD/USD

I learned from PT! hahahaha I asked him about U/J last night and he passed the info along to me. Thought it would be wise to book my profits and wait...

AUD/USD

Thanks Bogus! I actually didn't have any A/U longs either, only A/J... I agree about A/U at the moment. Need to see how the rest of the week plays out first. Congrats on the E/A short! I will be looking to open up anywhere from 4-8 E/A shorts and ...

AUD/USD

Leverage? — Hey JP, Question about leverage with position trading - What is the most leverage you use at any given time as a position trader? I understand it all depends on the trader's personal preference but what would you recommend for a ...

AUD/USD

I wanted to share the reason why I closed my AUD/JPY longs sooner than planned. There has been a lot of talk about a 10 Trillion Yen monetary stimulus by the BOJ and Yen has been weakening real fast. However, this may be another one of those "buy ...

AUD/USD

Account Up 13% in past week of trading! — Closed out all of my positions from the last 4 trading days for a total of 434 pips / 13% of total account balance: Closed Longs - AUD/JPY USD/JPY Closed Shorts - EUR/AUD GBP/AUD I will look to ...

AUD/USD

Very true!

AUD/USD

Thanks Bogus. FxTyrant - Ignore = Done! I'm here to analyze AUD/USD, not argue with children...

AUD/USD

Don't even waste your breath with this kid. He is arrogant, confrontational, condescending, and threatens to ban people "should he feel the need to" as he has that authority. He will learn soon enough that he is not always right, and when he does ...

AUD/USD

I see. Possibly another one of those "buy the rumor sell the news" type of situations...

EurAnalysis

Thanks for the response PT. The Fed is also my concern in regards to a major equities sell off. Especially with this "QE3 Infinity" they recently announced. USD/JPY has recently broken the 8 month Daily down trend and also broke the 200 SMA on ...

EurAnalysis

Good morning PT, I've also been watching equities and commodities lately but haven't noticed much correlation between them and the other majors. In your opinion is this more of a technical correction for equities and commodities or are we looking at ...

EurAnalysis