quick peek @ Aud/jpy! long opportunity... what do yall think of that?

S&R short term bounces

Thanks!, And I think that was one of my problems is I was maybe trying to focus on too many pairs at one time. Everyone tells me to backtest and I think I have,b ut I'm not sure what exactly that means? Also, what is your logic of why your SL is 2x ...

S&R short term bounces

You might check out aud/jpy... looks like it could bounce back up maybe

S&R short term bounces

Yeah, definitely. It's pretty hard to not swap over to the real deal, however I know I'm not ready yet!

S&R short term bounces

I think I'm a little confused on what you mean you trade levels?

S&R short term bounces

I should've just taken my 5 pips or whatever and walked away haha

S&R short term bounces

Okay I know this probably looks a mess, but this is what I am looking at. As of now its a trade gone wrong lol. it was going good now it shot down

S&R short term bounces

Do you have any "type" of pairs that you trade with or just whatever is liquid?

S&R short term bounces

Yeah, I'm not really a big break-even fan myself, however more so than a "negative" trader haha. And wow! I've apparently been putting way too much into this. I've been ranging from 30%-60% into a single trade... I'm still waiting on the AUD?USD, I ...

S&R short term bounces

nice yeah, I have been watching it. Now the hard part is to decide when it's going to bounce haha

S&R short term bounces

ps, so far so good on this trade, i'm up to 4 pips now and I changed my stop loss from -10 to 1 so if anything now I'll make 1pip profit? what do you thi nk of that!?

S&R short term bounces

That's a great point for a stop loss! haha, I have made a real account but I'm not ready to play with real money yet! Also, it seems like if you estimate to open the trade at the max/min then you could have a smaller sl so maybe just use like 5sl ...

S&R short term bounces

Sam, Well, I think I am. I just started this and I'm learning on my own so I think I am doing it right, as far as drawing my lines but really I don't have any idea (Just being honest.) Is there a certain way you draw your lines, and what do you ...

S&R short term bounces

Do y'all ever go against what the H4 predicts the graph to move? or only with it

S&R short term bounces

Just opened short; TP @ .5110. unless I stay at the PC I'll ride it out

Cable Update (GBPUSD)

This is excellent. Thanks so much for taking the time to create this, it is very helpful! Hopefully this will work well for me as it does for you.

Trend Trading All Pairs

I'm just having a trouble with relating news to the chart, and how each chart will be affected.

Can news out of one country affect another?