I think his point is often times in the FX market what we think is the top / bottom ends up NOT being the top / bottom. This is where deadly accuracy and precision is 100% necessary in order to remain profitable trading on the smaller time frames ...

EurAnalysis

This is the problem, in theory it sounds "easier" and more profitable but I never could trade 10 lots using a 26 Pip SL (normally I trade 1 lot using 260 SL). Math is one thing but applying it to live trading is a completely different thing. I give ...

EurAnalysis

You are right, I didn't take the additional leverage into consideration. However, the fact still remains that you need to be MUCH more precise with your trades as you can get stopped out easier creating more losses. Time Frames are all about ...

EurAnalysis

1) EUR/AUD and GBP/AUD use a 260 Pip SL and a 320 Pip TP. JPY Cross Pairs use 160 Pip SL and a 280 Pip TP 2) I follow charts throughout the day but only place trades every couple of days on average. Mainly just keep an eye on H1 time frame. **Also, ...

EurAnalysis

Here are trade results for GBP/AUD and GBP/USD so far for 2013 using the Third Screen Strategy. GBP/AUD Total Trades: 16 Total Pips: 5,073 image GBP/USD Total Trades: 18 Total Pips: 5,525 image image

Third Screen Strategy - Dr. Alexander Elder

I see member SonicDeeJay down at the bottom. Read your profile and notice you prefer Trend Trading, PASR, and Third Screen Strategy of Dr. Alexander Elder. Just my kind of trader! Feel free to post charts and analysis here as well SonicDeeJay!

Third Screen Strategy - Dr. Alexander Elder

Thanks for sharing your analysis with charts Orabi, hope you enjoy your day as well. I am still bullish on USD/JPY and all JPY cross pairs. Ok, below are results on a DEMO account utilizing the Third Screen Strategy of Dr. Alexander Elder for ...

USD/JPY Discussion

I understand. It sounds like you have your own system and are sticking by your rules, that is important. Good luck with your trades Orabi

USD/JPY Discussion

No problem MK, let me know if you have any questions about this particular strategy and I'll do my best to help. But I'll definitely keep people updated on current trades as well as new positions for the JPY cross pairs.

Third Screen Strategy - Dr. Alexander Elder

Do you see any sort of bearish Price Action at weekly / monthly resistance telling us that sellers have now stepped in? Curious how and why we could move 1,000 pips down considering the fundamental situation in Japan? USD/JPY has risen 1,800 pips ...

USD/JPY Discussion

Hey MKFXTrader! I am also a firm believer in PASR! However, this Third Screen Strategy helps me to trend trade while scaling in positions in order to maximize profits. I use Price Action @ Support / Resistance on the larger time frames (weekly and ...

Third Screen Strategy - Dr. Alexander Elder

ATR in Pips (90 Days) EUR/JPY: 153 GBP/JPY: 152 CAD/JPY: 100 AUD/JPY: 97 NZD/JPY: 91 USD/JPY: 89

JPY Cross Pairs

Antipodeans Part 2: AUDJPY Highest Since August 2008 By David Horton || March 12, 2013 at 05:48 GMT …and that’s when it was in the early stages of the big slide from approx 104.40 to 55.00 !!! The high overnight was 99.60; many of the big banks have ...

JPY Cross Pairs

Biggest Mover In The Forex Market This Week: AUD/JPY AUD/JPY is the best performer this week, gaining a whopping 2.78% or 263 pips. The drivers for the rebound in the Aussie this week were the RBA decision to leave rates unchanged and the slight ...

JPY Cross Pairs

USD/JPY Suffers Worst Loss Since February Losses in USD/JPY are accelerating since the drop below 95.40. The sell signal for the pair was the inability to rally on the votes to approve Iwata and Kuroda. Although it was mostly expected, the news ...

JPY Cross Pairs

USD/JPY falls to 1-week low FXstreet.com (Córdoba) - The US dollar extended losses versus the yen during the NY session after the latest string of mixed US data gave sellers an excuse to sell the greenback. USD/JPY accelerated lower on the break of ...

JPY Cross Pairs

EUR/JPY bounces after 150-pip drop FXstreet.com (Córdoba) - The euro saw an over 150-pip slide against the yen after failure to overcome the 125.75 area and mixed US data put the cross under pressure during the New York session. EUR/JPY reversed ...

JPY Cross Pairs

Japan parliament approves BOJ leaders; focus now on policy By Tetsushi Kajimoto TOKYO | Thu Mar 14, 2013 9:55pm EDT (Reuters) - Japan's parliament approved Haruhiko Kuroda as the next governor of the Bank of Japan on Friday, paving the way for more ...

JPY Cross Pairs

Japan to Join Trade Talks as Abe Defies Key Voting Bloc Japanese Stocks Rise on U.S. Jobless Claims, BOJ Nominees Japan Reflationists Score Biggest Win as Kuroda Confirmed

JPY Cross Pairs