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ben10 replied Aug 25, 2009if you are not comfortable with your position , you might move your stop below your position to locked in profit and ride or get out with small profit or small lost, hope this make cents

my trade
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ben10 replied Aug 25, 2009if you scalp gbp/usd or gbp/jpy use the 5 minute chart or higher to eliminate the spread but also more dollar risk on the table, so control your exposure
my trade
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ben10 replied Aug 25, 2009thanks Magic T, i'll keep posting as im sharpening my ability to read the price action too. if you trade the eur/usd have alook also at aud/usd and eur/aud soon you'll see wich currency is weakening and therefor you trade accordingly
my trade
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ben10 replied Aug 25, 2009very slow tonite so here the map for aud/usd image if price move upward to 0.8450 it would create triple top and if move downward to 0.8200 would create double bottom
AUD/USD
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ben10 replied Aug 25, 2009are you expecting shanghai composite index falling when china open tomorrow? aud/usd yesterday high 0.8430 still intact we may play range here ,im not adding my short unless shes falling below 8370
AUD/USD
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ben10 replied Aug 24, 2009for who that short aussie/dollar what you gonna do if the price never fall below 0.8350 from now? for who that long kiwi/dollar what action to take if the price never fall below 0.6850 from now?
AUD/USD
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ben10 replied Aug 24, 2009nice trade Bogus
image should you add more short to fill the hole on the gap? watch the dance of the price actionAUD/USD
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ben10 replied Aug 24, 2009lets see from the aud/nzd spectacles! where should im going to long nzd/usd and short aud/usd ? if i got aud/nzd limit buy/long orders standing at 1.2350, 1.2200, 1.2000 and 1.1800
AUD/USD
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ben10 replied Aug 24, 2009ok the scout in the battle field to feel the action at 6855 and small rescue team stand by at 6840
AUD/USD
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ben10 replied Aug 24, 2009ok aud /usd short out for few pips profit now im looking at nzd/usd to long
AUD/USD
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ben10 replied Aug 24, 2009these pairs also slow so i guess i just write somthing to kill the time
if i would like to trade the eur/aud long i have to look at eur/jpy and aud/jpy first . i'll make sure aud/jpy has to be in black/profits first before i do anything but how? ...AUD/USD
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ben10 replied Aug 24, 2009very slow this asian session
, to protect the gain i have two options either to move stop below position or by going long on nzd/usd but the spread is 4 pips and im playing 1 minute chart .. so the first option is prefered. im going to have ...AUD/USD
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ben10 replied Aug 24, 2009the view from i minute chart ! price move above 8374 position sould close and for profit but if move lower below 0.8366 sould add more short, shall we dance
image AUD/USD
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ben10 replied Aug 24, 2009for the aussie/dollar if the the seller still in control i expect the price will trade lower toward 0.8346 and 0.8295 but i set my limit short @0.8449 and 0.8480 to rescue incase the trades not workout
now lets pray to the lady markets for more ...AUD/USD