Agree, FC, one does not have to be in front of pc all day long to successfully trade fx. position trading or at least swing trading on larger tfs would suit part time traders and can maintain at least to cover some living expenses.

AUDUSD Trading Pit

indeed market is favoring the positive data a lot. gdp beats the forecast by 0.1% and we have 66 pip move. market is just looking for an excuse to move up. probably 0.05% difference also would have the same effect. this was discussed in this thread ...

AUDUSD Trading Pit

excellent trade, mate. you almost got your tp. i added s few shorts and will add more at higher levels

AUDUSD Trading Pit

i am thinking of adding to au short if goes up again. lets watch and see. hope you will squeeze some pips out of your au long

AUDUSD Trading Pit

AU just needs some time, buddy closed the au long here for about 50 pips image opened a short. image also short eu and gbp

AUDUSD Trading Pit

Hey Vlady, looks like many of us here waiting for that decisive movement below 7060 would clear some doubts. we had a set of negative data yesterday but au held and even went up (and still going up) as expected. at least one positive data would ...

AUDUSD Trading Pit

ok guys, while waiting for some setups, lets enjoy the beauties of this new super car url

AUDUSD Trading Pit

lately manufacturing pmi has been gaining more weight among data releases. china missed the expected number but it was not too bad. under current setup, my guess is market favors positive data more than a negative. this would give big money a reason ...

AUDUSD Trading Pit

if i remember correctly, you have been short for some time. in longer term, i am also short. but last thursday, i was almost going long on mid term but friday corrected me right away. i am planning to hold audchf short but will use au long to ...

AUDUSD Trading Pit

expecting a relative easier week price respecting technicals despite the volatility. the levels are pretty much clear. we had a quiet, slow day. probably the calm before the storm. while expecting for a better selling opportunity on au, took a short ...

AUDUSD Trading Pit

hope everybody had a good weekend and back to trading with fresh and clear mind last friday pretty much set the direction for near future. short at the highs is my plan for the week. meanwhile holding a long to utilize the bounce and watching how ...

AUDUSD Trading Pit

i have an advice for you: Stay Away From This Thread i know you have got my message.

AUDUSD Trading Pit

that is true, lol i am ending the week with a long position at 7125. made some money from this pair this week and i hope everybody is finishing the week positive.

AUDUSD Trading Pit

any tp hit as usual today?

EURUSD

i also checked the metals, did not see anything significant. must be usd strength rather than aud weakness?

AUDUSD Trading Pit

if you are short eu and long uj, then you must be on money i had a uj long from 111 area, unfortunately trailing tp hit after about 150 pips, now we are almost at 114 also short biased gbpusd but no trades. have no clue what is going to happen ...

AUDUSD Trading Pit

he buddy thank you! i hope markets have been treating you well, i know you are more into indices lately. happy pipping and great weekend

AUDUSD Trading Pit

this is how daily and weekly looks like right now.

AUDUSD Trading Pit

bull was really close this week. all needed was close above 73 and this would keep the longer term uptrend alive. after buyers picked up from 7144 i really started believing 7300 and above will be reached. but here you go this is why it is not ...

AUDUSD Trading Pit

possible. trendline has it around 7100. my initial guess was 7070 after it started dropping. do not know if will happen today. if no significant retracement, we have a good looking bearish weekly image

AUDUSD Trading Pit