I took a trade out this morning, that went instantly bad on me and got stopped out. I was wondering if anyone can see where I went bad with this one, or if this was just a case of bad luck... I had my stop loss at 1.60000 and a 1:1 rr. The short was ...

4 Hour Strategy (MACD)

I believe this too. A/J is well on its way to forming a double top on the daily tf. Once it happens... the drop will be swift.

AUD/USD

Probably has less to do with the aud, and more that everyone is currently selling the yen and buying the dollar at this moment.

AUD/USD

That is correct... The resistance it is hitting now has held up for years. Gonna be hard to crack one. I'd definitely be hesitant before adding any more longs at this point.

AUD/JPY

I just noticed Oanda changed the amount they paying interest on my account daily this weekend. Anyone having this problem?

OANDA Discussion

Well, depending on how long you plan on keeping your short, you could have already cashed out with 40 to 60 pips.

AUD/JPY

1 more pro for manual entry. You can time your trade to get the best spread possible. With a limit order, your at the mercy of whatever the spread is at the time your order is hit.

Manual Entry Vs Limit Order

Anybody have any idea how high the price may climb before coming back down? Most technical indicating are showing the pair as overbought... Of course that means nothing from the fundamental prospective, but it seems like at least a retrace should be ...

AUD/JPY

I wish this pair would find a direction and get going. I don't even care which way, just stop with the range play already!

AUD/JPY

There you go, letting facts get in the way of a good old fashion witch hunt. Shame on you Argo.

Oanda order filling discussion

Thanks. I'm going to demo this for awhile. I like it when people bring ideas built specifically for the daily time frame. The idea sounds great!

Open/close cross

Total noob question, i know... But what does ATR stand for? Thanks.

Open/close cross

Possible head and shoulders being set up???

AUD/JPY