Break even? — Hi Foreign Mark/Xard, Just curious.. when do you guys place your stop loss to break even? Do you take partial profits? Trailing stop loss? I usually move mine to BE @ +50. Take 90% @ midpoint (or resistance) then let the rest ...

My own developed benkyalate system

aud/jpy short — sell 85.58 for ~180 pips. SL 50.

My own developed benkyalate system

plan plan plan! — cant reiterate enough about big mike's comment on having a plan. having a plan is essential to being a profitable trader. i use COG to pick my direction/bias. i then draw trendlines on the bigger TFs and plan on entering on ...

My own developed benkyalate system

short gbp/jpy — great short on gbp/jpy for market open on sunday. SL 50 pips TP ~200

My own developed benkyalate system

Aud/Usd long — Aussie long @ .9804 (double bottom). Make sure to go down to 1min TF and see a price action reversal before entering. 20p stop loss. TP .990

My own developed benkyalate system

caution on COG — very trending right now so COG will give many false signals. best strategy is to go with the trend, mark S/R, and catch pull fib pullbacks. +300 combined last night on cable, beast, & euro

My own developed benkyalate system

aud/usd & cable — aud/usd short @ 1.0125 area cable possible short at current price. wait for price action. however, be careful cuz daily has engulfing long candle hope you guys caught the aud/jpy setup from friday that i posted! have a ...

My own developed benkyalate system

aud/jpy short — i broke even on cable and +30 on euro. i'm anticipating strong jpy so i'm ignoring anything long and taking all shorts setups on jpy pairs. aud/jpy looks good for monday. have a great weekend! j-

My own developed benkyalate system

cable, e/u — long @ 160.30 (tested resistance), long euro/usd 1.7390

My own developed benkyalate system

eur/cad — added 2% on position @ 1.41. TP none. SL 50 pips. i know it's a late notice but it's retracing now so you maybe be able to jump on a fib level. j-

My own developed benkyalate system

eur/cad — mike.. you are long on eur/cad? hedging? j-

My own developed benkyalate system

gbd/usd — haha.. i took the same trades with pretty much the same conditions. good stuff! j-

My own developed benkyalate system

eur/cad - daily — mike.. what do you think about eur/cad setup to short on the daily chart? might take out some of the sting from current losing positions. j-

My own developed benkyalate system

aud/usd 1h trade for monday — @ .9596, TP 9525, SL none, 2 % you can wait for the next candle(s) to confirm a lower high for reassurance but .96 has shown to be a good resistance. this is obama template so 1hr TF is acceptable. mike.. i'm ...

My own developed benkyalate system

aud/usd — update: SL to BE on usd/jpy and gbp/jpy. new AUD/USD trade. short @ .9500 TP: .9355 SL: .9550 1 % using my horizontal price action strategy on this one. i know it shows no trade on COG.

My own developed benkyalate system

gbp/jpy — hi mike, i'm with you on pound yen. long @ 132.00 no SL. TP 100 pips. also long on usd/jpy @ 84.40. SL 35 pips. TP 50 pips. even decent cad news couldn't help eur/cad. it'll turn eventually.. the euro can't be that strong. gotta ...

My own developed benkyalate system

eur/cad — hi mike, i'm with you on eur/cad. i usually like to clean up on fridays as well but i still think eur/cad will drop eventually. cad is weak because of the usa news but news such as canadians refineries re-opening next week should ...

My own developed benkyalate system

eur/cad — i'm holding steady on my short position.. -12 as we speak. macd cross, doji, plus break of tenkan-sen. might be dropping in the next couple of candles.. plus all other eur pairs are dropping. j-

My own developed benkyalate system

EUR/CAD — Big Mike.. I took the long on EUR/CAD on Thursday night for a quick 70 pips on Friday and closed it out. Now I'm torn because 4hr looks good for short but daily still looking good for long. I guess I'll just wait to see what the next ...

My own developed benkyalate system

thanks — great posts big mike! very insightful. j-

My own developed benkyalate system