Hi wannalearn12, Check out the calendar link on this site. It shows the fundamental news releases for the G10 currencies. You should avoid trading prior to the red marked releases. Make sure your profile has your correct local time setting so the ...

Highest Open / Lowest Open Trade

Yeah, there are a lot of variables. TBH, I am not a big fan of straddle type trades at big news announcements. Though I did try using the free FNG software from Forexpeacearmy site a while ago. I think about the 1st 9 out of 10 trades were ...

Reverse Martingale Strategy

GBPCHF - closed half SL to BE + 1

Highest Open / Lowest Open Trade

GBPCHF might set up nicely at resistance image

Highest Open / Lowest Open Trade

I generally agree with Too Slow that the current daily high for shorts is a good place to put your SL and current daily low for longs. Personally might give 1 or 2 pips extra leeway and adjust slightly if there is a strong S/R line close.

Highest Open / Lowest Open Trade

Too Slow is probably asleep for another 3+ hours. Your question was answered in post 958 & 959

Highest Open / Lowest Open Trade

Nice trading Habo, and interesting observation.

Highest Open / Lowest Open Trade

USDJPY might still set up. Like to see it come down and tag the D1 Pivot and W1 R1 lines again and get rejected with a nice pin bar! image

Highest Open / Lowest Open Trade

Chart of my previous explanation image

Highest Open / Lowest Open Trade

OK Too Slow, thanks for that

Highest Open / Lowest Open Trade

USDJPY might be setting up

Highest Open / Lowest Open Trade

Probably shouldn't mention this but I use Support and Resistance. USDCAD is right at the yearly Pivot Point and Weekly R2. My mistake on that trade was I didn't take partial profit when it came down to the Daily R2 Pivot. I was not quick enough. I ...

Highest Open / Lowest Open Trade

Stopped at BE + 1

Highest Open / Lowest Open Trade

SL to BE + 1 for USDCAD

Highest Open / Lowest Open Trade

might be tempted again on USDCAD depending on the price action

Highest Open / Lowest Open Trade

surprisingly still in the USDJPY. Half closed at Big Round Number (110.00) actually 109.994 and BE + 1 trailing SL

Highest Open / Lowest Open Trade

Only up about 4 pips today. And probably going to take a hit on this USDJPY Got in just after the m5 pin bar

Highest Open / Lowest Open Trade

An example as per detail in my last post: AUDJPY formed a good reversal pattern on D1 chart in December 2015. This formed at a significant resistance area, see D1chart. A decent entry point would be at the close of the bearish engulfing D1 candle on ...

Reverse Martingale Strategy

Many thanks go to msg1987 for starting this thread on this interesting topic. It has not progressed too much so far but hopefully will garner more interest going forward. I have never traded Reverse Martingale but it is an idea I have been ...

Reverse Martingale Strategy

Yeah, I gave it a go and had 3 wins and 1 BE+1, 0 losses (so far). I see on most of the trades price had broken yesterdays high/Low so probably more luck than good management. Certainly got me intrigued though so will demo trade this again next week. ...

Highest Open / Lowest Open Trade