I say, the Trend Following setup that you mentioned is classic and practical, but you refere mostly to AUDUSD and Gold, which have been acted like a textbook since March, but you cant see the same nice pattern in EURUSD , I'd say its tradable with ...

Trading with Deadly Accuracy

True, I went long from 1,104, now I've protected some part of my profit , current level is more suitable to sell

AUD/USD

I agree, but I just use RSI to close my winning trades, its not very reliable for entery, even if you combined with a MACD signal it might gives you max 66% correct entery in 4hr TF, when the price moves as a Triangle/Rectangle consolidation , the ...

AUD/USD

if you dont have to , it's better not to add short now, let it go higher, I'm short Aussie , but I will have 2 long (Buy Stop Order) above .9357 to stop bleeding , my plan is , if it breaks to a new high ;I profit on longs then re-enter short and ...

AUD/USD

for those want to short Gold, in a very short term trade, I suggest to have a Sell Stop Order below $1,128, above that , its still pretty bullish

AUD/USD

Hi Farimma, Gold is pretty overbought in 1h/4h/d/w (+ a huge divergence in monthly), but there is no weakness in this crazy trend so far, for being bearish these are the leves that I watch: intraday: 1,122 short term: 1,101 mid term: 1,1023 Long ...

AUD/USD

What I see is a Bollinger bands compression at 5/15min chart which just says a breakout will come,the 5/15 min, Support still holds , so the chart is bullish even in 5min ,in Gold and Aussie, I just trade what I see not what I expect, if support ...

AUD/USD

we are about to have a breakout in Gold in 5/15 min charts, that would gives us some nice direction on Aussie

AUD/USD

I took profite on my short trade from .9345, at .9320 (I closed it due to RSI extreme reading on 5min chart)I still have one short position open from Fri (from .9293), which is in red now, see how the things will develop, I moved my Buy Stop pending ...

AUD/USD

As I noted a few mintues ago, the Aussie falls, I went short at .9345, as this trade is a short term trade for me I moved my SL to B/E , lets see if she likes to come down more

AUD/USD

Hi Ben10, hope you enjoyed the weekend, I still have the gold long position open, just moved SL to 1,114, to protect at least 100 pips from my profit, I'm selling Aussie now, this gold is just like a hedging position for me !

AUD/USD

Hey all, Gold just broke into new high , and the AUDUSD structure is quite bullish but in very short term (5min chart) there is an ending diagonal pattern which is the 5th wave of the 5 wave upside move from .9210, I think we will see a short term ...

AUD/USD

My broker gives 100 pips as well for one $ in Gold, but I use to look at them as my mental pips!! it gives variable speard ,usually 50 pips .I used 0.4 lot size for this trade which from 1,104 to 1,118 gives me $560 , I didnt close this trade , just ...

AUD/USD

Thanks for the File. It seems you made good money on Gold trades, I still have mine open, just moved SL to B/E at $1,104, it made + 100 pips so far

AUD/USD

Hi Patience, We are at the same boat, I just went long Gold at $1,104 , I think 1,097 should hold, if not I had 2 Sell Stop Order below 1097 to hedge the trade

AUD/USD

That's right, now is short time against .9312

AUD/USD

Hi G_Man, Look at this EURAUD chart, you are not even close to mutliyear support at 1.55, be careful, I know you dont use SL, this pair is a beast, may move 500-600 pips in 2-3 days sometimes

AUD/USD

I just add one more Long at .9266 , and 2 more Sell Stop Orders below .9250

AUD/USD

Hi Ben10, I just trade what I see not what I expect, but the development in other pairs (CADUSD/ EURUSD) tell me .9250 will crack before the end of this week thats why I'm Long now with StopShort below .9250, Today NYSE activity is vital to the ...

AUD/USD

G morning all, My limit long order got filled at .9285- 90 , I have 2*Sell Stop Orders below my SL at .9250 to hedge my positions in case it doesnt work out according to my plan.

AUD/USD