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pawpaw1000 replied Dec 9, 2010Hey bro... I shorted this one last night as it was GREAT RR as you can see rom my chart... It's not clear cut yet whether the dollar will start showing weakness yet and we are entering the "dead Zone" time period just before and after Xmas so I'd be ...
EURUSD
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pawpaw1000 replied Dec 9, 2010So, in the spirit of posting wins AND losses: Went short fibre -35 pips Short cable -54pips Short Eur/jpy +110pips Short usd/jpy +46 pips So the plan worked, would've liked more from u/j but hey! Cable got stopped by 7 pips... I reckon we will keep ...
EURUSD
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pawpaw1000 replied Dec 8, 2010Super tempted to take a short here with s/l above 80 but there are a couple of reasons why I cant: USD/JPY at strong upper resistance and so am short there... Eur/Jpy is also a candidate for a short 30 pips higher up... GBP/USD is looking ready for ...
EURUSD
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pawpaw1000 replied Dec 8, 2010Hey Bro, No problem with the english
Got to say that if Bank Of England decide to do asset purchases, GBP will drop like a rock. It's a form of QE and we have all seen the impact that had on DOllar! Please correct me if I'm wrong... BTW ...Cable Update (GBPUSD)
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pawpaw1000 replied Dec 8, 2010Not double top, 123 reversal... If you don't know the criteria for patterns, you can't trade them... Otherwise you just gambling and guessing. Said in concernful way! Gl

EURUSD
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pawpaw1000 replied Dec 8, 2010It's always the simple things that work! Too bad I wasn't here to trade the break, Could've been 100+ pips!!!
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pawpaw1000 replied Dec 7, 2010Find this slower market quite strange
I have taken 2 trades today, one +5 and now -20... Think I'm done, unless UCAD makes it to PArity so I can Long! Please let me know if someone can post the HIGH OF EUR/JPY as I was stopped to the ...EURUSD
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pawpaw1000 replied Dec 7, 2010I didn't... told you, shorted Eur/Jpy at 110.55 with s/l at 110.735... Could someone please tell me what High they have on Eur/Jpy as my stop got taken to the pip!!!
EURUSD
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pawpaw1000 replied Dec 7, 2010[quote=Maan Ch.;4226640] It is something you are desperately lacking... Risk to Reward Ratio... Money Management... Check the experienced traders here will always try to have atleast a reward to risk ratio of 1:2 This means I risk 10 pips to get 20 ...
EURUSD
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pawpaw1000 replied Dec 7, 2010Guess you didn't catch my sarcasm and reference to the infamous DIL?
EURUSD
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pawpaw1000 replied Dec 7, 2010Great RR Bro... You'll be on your way to living la vida loca soon
BTW, got stopped for 20 pips on Eur/Jpy... Strangely she is very active the last 15 min... but hey, on to the next trade 
EURUSD
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pawpaw1000 replied Dec 7, 2010Eur/Jpy just became VERY active... Might help fibre up... but if we drop below 3350 I'm watching 3280 for TP (trading Eur/Jpy though, dunno about fibre yet) Good Luck!
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pawpaw1000 replied Dec 7, 2010This is what I'm seeing, same as yesterday, just inverse! Seems crude and simple but sometimes thats what works! Let's see

EURUSD
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pawpaw1000 replied Dec 7, 2010Disagree with you, I reckon there is alot of selling at these levels looking at the long upper wicks... Buyers are relentless though! I'm betting on a classic 123 reversal downwards... Close to my entry short on Eur/Jpy

EURUSD
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pawpaw1000 replied Dec 7, 2010For those interested, Ucad testing parity and U/J still caught in range... Could get a bounce in USD here? watching carefully... This move up has been suspiciously SLOW while the move down was super quick

EURUSD
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pawpaw1000 replied Dec 7, 2010Was at training but my trailing s/l saved me with 5 pips profit... Markets seem pretty quiet?
EURUSD