I closed my position at 117.667 for a 3.4 pip gain.

My Trade Journal - DCB

image

My Trade Journal - DCB

I decided to place a sell order for the USD/JPY for 117.700 at 5:10 PM EST.

My Trade Journal - DCB

I have not placed an order. I am watching price action. I know it is a very high possibility to fall, but I have not become convinced on what it will do yet. I am watching.

AUD/USD

I agree that it is up.

AUD/USD

Jason, Thank you. That was very helpful.

FXCM Discussion

Jason, Does FXCM still provide mobile price alerts?

FXCM Discussion

Look at the Monthly chart over several years like 10 years, and draw a fib retracement of the downward move from July 2007. I expected resistance between 93.40 - 94.70. We will volatility and sideways movement until it decides what to do. I attached ...

USD/JPY Discussion

I used to only use charts without any indicators, but I use the RSI more for divergency indicator. The RSI like any indicator can be a distraction. I entered a buy order for the NZD/USD thinking it will go up to the median line of the Andrews ...

Price Action and Trading Discussion

I would like to participate in your thread. I trade using price action, although I do look at the RSI. I just exited a NZD/USD long trade. I attached my hourly chart.

Price Action and Trading Discussion

I am trying to anticipate what to expect from the USD/JPY, knowing one can never can rely of what will happen in the FX market. I know where the price is now is a critical range, and the next critical price point is 94.700. I attached a weekly and ...

USD/JPY Discussion

I agree that this strong up trend will possibly retrace before it gets to the 95.00 to 100.00 range. I would not try to pick tops. I am going to start trading again starting Monday, and I am going to look for dips to buy into this up trend.

USD/JPY Discussion

I took December off, and will get back into the market next week. I have just been watching the market move the last several weeks.

USD/JPY Discussion

I do believe the USD/JPY will retrace to the 85.25 - 85.40 level, but I do not believe it will start until after the U.S. reports, possibly after the FOMC meeting minutes at 1900 GMT.

USD/JPY Discussion

Jason, I just used the FXCM mobile app to manange and then close my trade. In the past I just used it to see what was happening to my trades, but I used my laptop to make any changes. Although I liked the new version, I had not gotten really ...

FXCM Discussion

USD/CAD — My stop was triggered that took me out with a 2.1 PIP gain. I have learned that the price will retrace as the U.S. open nears. I had moved my stop into the black, because I did not know how far the price would retrace.

Andrews Pitchfork (Median Line)

USD/CAD — I am still have an open position for the USD/CAD, although it is moving very slow. I know that sometimes the price retraces about this time as it anticipates the U.S. open, so I moved my stop to just into the black.

Andrews Pitchfork (Median Line)

USD/CAD — I am selling the USD/CAD.

Andrews Pitchfork (Median Line)

USD/CHF stopped out — My stop loss was hit with a 6.6 PIP gain. I know that at this time of day the price usually retraces, but I am trying to not be too conservative.

Andrews Pitchfork (Median Line)