I personally have about 4 robots that I've helped create (strategy and programming management, not the pure coding mind you). They all operate profitably on breakouts.....so I totally get the logic behind that. It's almost sad though And YES they ...

EURUSD

How can a small country that has stagnant growth, shrinking population, and is prone to catastrophic earthquakes be considered a safe haven equivalent to Switzerland? Logic be damned (or twisted and put in into a blender). A novel idea.....the ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

When did this happen? Or do you mean the 50:1 in the US only? I can't imagine that was the primary volatility factor? I didn't think retailers on high leverage were that great a driver of price action

Auslanco - GBP/JPY and GBP/USD (newstrade)

Volume on GBP-YEN — Anybody know how/where we can see the yen trading volume? I'd like to see why it's so involatile right now, logic from an outward standpoint would tell me, it'd be extremely active, unless the G7 are keeping it locked down, ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

I sat on my third scalping attempt and got out with 2 pips at the end.....price just wasn't wanting to go up much......somehow I have yet to jump on the bandwagon of a longer term directional change, which will obvoiusly see swift price breaks down ...

EURUSD

Arg.......I went scalping short and got -10 pips......at 1:4160, so i decided to scalp the breakout, lot another -10 pips, then.....i thought maybe i'd take the short again.....and got skiddish! dammit......lol argh, this is why i don't trade ...

EURUSD

My EA program has a take profit at 1.04....lol do you guys think we'll get there? (before the SL at 1.00 again........) hmmm. It's only risking like 100 bucks......so I'm inclined to let it run, but it's interesting..

AUDUSD for informed traders

Yeah I got destroyed on that eurgbp trade last night, I had taken a nice short with a tight stop loss on previous resistance at .872, I came back from the bars in nyc to find my trade in profit......rather than closing it out or setting up a break ...

EURUSD

Hmm....not sure about that for a short 15 minute play, sounds risky, I mean, it's in a total uptrend still until it breaks .995 So yeah you can go long, but I dunno, I don't have experience much watching this 3 inside up pattern, how often does it ...

AUDUSD for informed traders

I'm confused, maybe i'm ignorant, but wouldn't australia relish a lower exchange rate to a degree? say USD at .8? versus the 1:1 right now? I mean yeah, maybe if it's driven down into the .70's then it's an issue, but right now I can't imagine them ...

AUDUSD for informed traders

Get ready to go Longgggg — GO long now for great justice

USD/JPY Discussion

Stilll holding mine + 100 pips, should I take profit or keep on keeping on downward...........decisions lol.

AUDUSD for informed traders

Wow, I posted this last night, drew my long term trend line from Nov 08 lows until now, and the line passes right at about .976. I have my trade locked in for profit, but I didn't expect to be soo spot on, it hit .976 and boom, instant demand comes ...

AUD/USD

Wow, I posted this last night, drew my long term trend line from Nov 08 lows until now, and the line passes right at about .976. I have my trade locked in for profit, but I didn't expect to be soo spot on, it hit .976 and boom, instant demand comes ...

AUDUSD for informed traders

It's not .995, if it clears .998 then I'd say long is decent idea. For now, not favorable Imo. I totally see a bear flag here....really, the USD does suck, but I don't see Aussie going above parity in the current economic conditions much more than ...

AUDUSD for informed traders

Bear Flag time by the way — Look at the H1 chart, I think it may be forming a bear flag, with the top around resistance .998ish Bottom at .975 for first target, 0.97 by next week/friday. This target, could be major support if you are inclined ...

AUD/USD

I was long........set my stop to break even, saw i was up 50 pips and questioned the reason, so i took profit as it started retracing. This is total a "use your best judgment" sort of environment. I think the smart money is probably confused, the ...

USD/JPY Discussion

Alright........wtf is going on? this isn't intervention, 1PM Eastern Time? Lunch in NY, and London market closed? for what 100 pips? Right, I don't believe it.

USD/JPY Discussion

Let's wait for london to see what's really going on. I've been getting fucked up on the AUD/USD lately with all these range tests lol. I really think this will break to the downside, however I decided to take a better trade, with USDCAD that i feel ...

AUD/USD

Ok, I haven't been around much for large scale national disasters, changes and trading, but I remember from 2008, you can throw the technicals out of the window. ANd yes, the 1995 EQ the yen rose.....but ffs, thinking it'll do this again based on ...

USD/JPY Discussion