It's a synthetic. You're not going to lose the volatility. The next time GBPJPY makes a run down, watch EURJPY. Also, your spread IS a huge difference. GBPJPY on most platforms is a whopping 7 pips. EURGBP is 2, and EURJPY is 2.5-3. So we're talking ...

Making a synthetic Gbp/Jpy order

I actually do that as well on pairs that my broker doesn't have... I trade synthetics... or I trade in times where I can lower my expenses... So in this case, one of my accounts is on Oanda -- EUR is 1.2, and USDCAD is 4... so that's only 5.2 pips ...

james16 Chart Thread

Heh heh... yeah. I just opened last week. This pair is AUD/USD's little cousin in terms of how slow it is, but when it does move, it moves.

james16 Chart Thread

Actually, a lot of pairs across the board are in that range... some are at the lows of 20-50, but overall, you'll see that most pairs have some sort of correlation between them. I personally use this same technique, since I can have as many as ...

My Bat from team aphid trades

It's a beautiful trade. I just scaled in yesterday... I'm shooting for around 4600...

james16 Chart Thread

I'm enjoying your thread and your thoughts on psychology. I think you're definitely heading down the right road. Keep it up.

My Bat from team aphid trades

I will be a full timer here in a couple years... and I have to say that thus far it's been rewarding. I can in no way sustain my quality (or lack of... heh) of life right now, but it'll come. It's a grind... a business. And you have to treat it as ...

is it a game or job?anyone makes his living by forex?

Very nice. Love these trades. Open at the break + a few ticks of the low of the PB, scale out around 1875, close around 1840... done.

james16 Chart Thread

I closed my open $ positions and stood aside.

How Did You Trade the NFP?

I swear WHTenn... these moving average crossover systems are testing my nerves... especially when the n00bs come in here boasting how effective they are since January... Well DUH!

3+10 system

Exaaaaaaaaaactly. Another reason why consistent traders don't post much on forums is because they tire of the relentless banter that is on most forums. It's the same crap, different thread. The traders that are successful use forums as marketing ...

Why "x" a secret?

Yes. I got a signal off of my daily for a long w/ a target at good ole' 241.

Steviet's Live Trades!

I don't think that adequately describes my month...

Steviet's Live Trades!

Well, you hit it right on the head right there. Even if one were prescribing to correct MM, -625 in one week is still a really hefty drawdown... I'll admit, I made a few mistakes this week that cost me dearly -- and this is one of those weeks where ...

Steviet's Live Trades!

Oh yes. It's been a fun week.

Steviet's Live Trades!

I got all of you beat: -625 pips for the week. Beat that...

Steviet's Live Trades!

It ain't a house yo... it's a compound! Holla!

Steviet's Live Trades!

I find non-filter Camels and good Kentucky bourbon works best for me. ... oh wait, ... I thought you were talking about trading...

How do you curb your urge?

Yeah... turbo and I trade very similiar. It's sometimes a little scary when we're calling out trades to each other over Yahoo... LOL.

Steviet's Live Trades!

Steve, I check out your thread from time to time and am pleased with your progress thus far. Just as a little encouragement, don't even worry about this week and all of your losses. FYI, I've had a hard week as well, and I trade similiar to you (or ...

Steviet's Live Trades!