good point gbp/jpy. i'm a position trader so don't have much to contribute on short term moves. my analysis is based on my data mining software with longer time frames. gluck!

Geppy's Geppy Thread (GBP/JPY)

Possible downside momentum coming to AUDUSD for swing time frames. Upside momentum for USDCAD. Gluck all.

AUD/USD

Potential downside momentum coming to GBPJPY in swing time frames. Gluck.

Geppy's Geppy Thread (GBP/JPY)

it is possible. here are a few tips i've learned personally from a decade of trading: 1) risk management: i typically risk .5 to 1% per idea, period. when i first started out, i blew out 2 accounts because i kept adding to losing positions thinking ...

Profitable traders: Would you quit trading for your career?

hi pips29, i'm watching audusd rip up today. the answer to your question is, no i didn't get into last night since i have a limit order in place for this pair. however, i am short usdcad at 1.0530. i would say wait for pull backs as audusd is ...

AUD/USD

hi edindzeko, i agree there may be pullbacks at round numbers (.90 and .9050). however, i am long AUDUSD and build on pullbacks with my SL until there is a change in momentum. will come back to this thread to brainstorm with the long term traders ...

AUD/USD

hey fxtyrant, i see the momentum up, as mentioned in my previous posts. i'm a position trader btw, so it means i will be building my long position in AUDUSD. good luck.

AUD/USD

majority of traders lose their shirts because they try to guess tops and bottoms. i would advise not to go against momentum.

AUD/USD

moving my buy limit order up to to .9075 for AUDUSD. in the short USDCAD trade at 1.0530.

AUD/USD

I'm on the same page with The Fool. Why not do both? Operate a business that contributes to society and at the same time hedge your currency risks? If you want to speculate, separate your trading account so in the worst case scenario, it won't ...

Profitable traders: Would you quit trading for your career?

Hi pips29, currently I see a potential change in direction in AUDUSD, but I'm waiting for some more confirmation after the end of NY session. A pullback to .90 is still bullish to me. My bullish view will be invalidated if AUDUSD suddenly drops to ...

AUD/USD

I agree with you bskwak. My trade setup for the commodities trades are in my previous post.

AUD/USD

Hi pips29, if USDCAD stays around the current trading range, I will short it around 1.0530 with a stop at around 1.0580. If it shoots up past that stop from now until the close in NY, I won't short it. If it drops below 1.05, I will likely wait for ...

AUD/USD

I'm seeing a potential upside move in the commodity pairs. Going to wait for close in NY before buying AUDUSD and selling USDCAD. I'm a position trader btw. Would love to see who else wants to brainstorm with me on potential commodity pair moves.

AUD/USD

Anyone here bearish on GBP? Current momentum in the past few days have been down and recently pulled back up. I'm short here at 1.5560.

Cable Update (GBPUSD)