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plan-b replied Apr 23, 2009Hi jacko, I have read most of this thread and even spent this past weekend reading through all your trades from your dailyfx days(my wife didnt like that,
) I have been applying your technique for a while and learning from my mistakes in both demo ...Jacko's Forex House of Pleasure and Pain
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plan-b replied Apr 23, 2009good entries mate,especially no.2 i wouldnt place a target on though-would just trail profit might even make no.3 irrelevant
Auslanco - GBP/JPY and GBP/USD (newstrade)
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plan-b replied Apr 23, 2009that would be a signal for you to stand aside for a while. I think we are entering good areas to start shorting
Auslanco - GBP/JPY and GBP/USD (newstrade)
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plan-b replied Apr 23, 2009gu is correcting the move from 1.5073 1.4653 38.2% 1.4733 50% IMO best strategy would be to sell rallies in both gu and gy
Auslanco - GBP/JPY and GBP/USD (newstrade)
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plan-b replied Apr 23, 2009I am not very experienced but the most crucial part is setting up the trade. Once you have reviewed everything you should decide how much you want to risk on the trade(subject to money mgmt ofcourse) No matter how hard it is try not to move this ...
EURUSD
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plan-b replied Apr 23, 2009If 1.3150 does not hold that would mean 4h channel has been broken leaving us staring at the trendline on the daily chart which is in the 1.33-34 area
EURUSD
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plan-b replied Apr 23, 2009A clear break of 1.3140-50 exposes 1.3198 but its unlikely The bear will then resume to take us below 1.29
EURUSD
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plan-b replied Apr 23, 2009That is a good example of the troubles we put our selves through everyday. The only line we should pay close attention to is the one from 1.60 Unless it is significantly breached every movement towards it is a correction. If EUR/USD were a coca cola ...
EURUSD
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plan-b replied Apr 23, 2009Sometimes i think too much time is spent trying to understand or fight something that is staring us in the face. Geitner speaks and everyone thinks voila all our troubles are over. Ofcourse the market will retrace moves but eventually it will go to ...
EURUSD
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plan-b replied Apr 23, 2009long term — We may not see 1.37 again this year so corrections between here and say 1.34 should be sold. The eventual bear leg might go all the way to PARITY by end 2009 or early 2010.... usa(and maybe uk) will recover way before trichet and ...
EURUSD
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plan-b replied Apr 22, 2009euro is correcting.. the only question is how far it will go before turning back. im in at 1.303 but an average entry of 1.31 would be ideal for me so even a 1.32 level would just make for a good addition. i aint a scalper so the jury is still out. ...
EURUSD
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plan-b replied Apr 22, 2009bears this would be a good time to start boarding the southern express
EURUSD
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plan-b replied Apr 22, 2009I think we will see a retrace of the drop from 1.3200 exposing good shorting areas around 1.3000-1.3050-1.3080
EURUSD
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plan-b replied Apr 22, 200938.2% is at 1.4700 50% is at 1.4770 with a stop at the 1.4785 area you can shut down and take a holiday
Auslanco - GBP/JPY and GBP/USD (newstrade)
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plan-b replied Apr 21, 2009
yen is unique in that it rarely takes notice when japan slides further into the gutterAuslanco - GBP/JPY and GBP/USD (newstrade)