Matt, for your reference, there is a wealth of information on the topic in this thread... You might take a gander at it if you have the time... url

Carry Trade + No Stops

Good call on this one! I set my stop loss at +100 pips, and it was obviously hit. I'll take it though.

AUD/JPY

Interesting day with this pair... Chart below shows very close to an engulfing candle. Also, broke south at a trendline. I have an open trade from 85.095. I'm wondering if today was simply a retrace (it broke back north at the 38.2 fib level and ...

AUD/JPY

Perhaps arasheed was putting a trade off of a bounce, which looks like it occured? Big E talked at one point of time about how he did this? The stoch still looks to flat for my tastes, but I'm just trying to get into arasheed's head and see what he ...

Trading Made Simple

I've always said I wish I could trade the 4 hour charts. It fits my psychology better, as I really don't like holding on to trades to long, but also don't want to sit and watch every tick on the chart. But kids, day job... It kinda forces me into my ...

Trading Made Simple

Got burned on this one... Stop loss hit. Nothing you can do but look for the next one. Crazy day in the ole forex markets. All daily strategies were worthless today it seems. Flat for now... Probably for the rest of the week.

Trading Made Simple

Took a daily tf trade on the aud/usd.

Trading Made Simple

arasheed, not to pile on, and this kind of goes with what SS and Ade were saying, but personally, I never take out a long position if the TDI is up at the 68 level, or a short down at the 32 level. It is just playing with fire in my opinion. Others ...

Trading Made Simple

I may have won pips in the last trade call, but you provided valuable advice that I plan to use in the future. If the lower time frame is pointing the opposite direction, I'm going to wait to get in. Thank you for that! I'm not completely ...

Trading Made Simple

Thoughts on a trade on this pair... About the only thing holding me back is the size of the candle. Would you take this trade?

Trading Made Simple

Take all the time you need Big E. Just get better man! My prayers are with you.

Trading Made Simple

Nice!

Trading Made Simple

Oh yeah, you are fine then. I got a couple of relatives out by that area, by Lewis Central. Enjoy your weekend as well.

Trading Made Simple

I'm on the other side of the flooded river. lol Hope you are safe and not getting any flooding.

Trading Made Simple

I'm out for the weekend now... Have a great weekend everyone, and make time for the people you care about. Not to get preachy, but trading isn't everything... family and friends are worth their weight in gold. Peace.

Trading Made Simple

I'm up north of you in Nebraska for the time being.

Trading Made Simple

Wow, usd/cad has been a trick this week, hasn't it??? I decided early this week to stay away from that pair until a clear direction has been set.

Trading Made Simple

I would actually like a broker who starts their candle at 10,2,6 cst... I still don't know if I could force myself to get up at that time with work and kids to deal with. Although I do like the idea of not having to hold on to trades for a long ...

Trading Made Simple

I use primarily the daily time frame. I work during the day, and don't have time to babysit trades. On top of that, I so far have not convinced myself to wake up in the middle of the night to do the 4 hour chart thing (although I do think this would ...

Trading Made Simple

I hope you get to feeling better E. I wish I could help you out as much as you have helped me!!!

Trading Made Simple