Good calls! I'm trying to catch when you call something but I'm always late! The only one I got so far was the +6 pips or something on GBP/JPY the other day hehe. Keep up the good work I'll try to stay tuned!

turn 1 to 100'S : Straight Foward Trades

I am with you unlv_tj on trying to hold trades longer if they look to have some potential. I'm willing to watch a 30 pip gain turn against me sometimes for the opportunity to catch 100+ pip moves. I'm just starting with this mindset so we'll see how ...

4 Hour Strategy (MACD)

I closed out my most recent long position for those reasons as well. That engulfing candle is typically not a good sign. May retrace to the 21ema after failing to break the price level .90 (ok it got 2 pips above but not much).

4 Hour Strategy (MACD)

Entered GBP/USD on retrace of previous 4 hour bar. I wasn't awake to get a good price on the last bar so I set sell limit at 1.9593 and got in (SL" 1.9649). Still a pretty big stop loss (56 pips) but we have some downside potential to maybe 1.9515 ...

4 Hour Strategy (MACD)

I got in on the Aussie also last night. Still in on my last Aussie trade (+183 pips now!!) and I added on to the trade when you did (another +40 pips!). I'm not taking profit though until things start to turn around, just moving stops up. Trying to ...

4 Hour Strategy (MACD)

AUS/USD — Aussie TC trade i took yesterday is shooting up! Got in at .8813, looks like we are breaking .89 resistance now (went up to .8946 [+133 pips!], moving stops to most recent swing low and letting it run. I'm just posting this because I ...

4 Hour Strategy (MACD)

I took TC on Aussie/dollar after bounce off the 21ema. Bought at .8813 using 1 hour entry (entered after high from first hour was taken out). Sorry my chart has different colors than the one you guys normally use. May take partial profit at .8850 ...

4 Hour Strategy (MACD)

Very similar situation on AUD/YEN as well. Pin on daily and beovb on 4 hour. Not sure if I'll play this one yet.

james16 Chart Thread

kiwi — Hi there seems to be a pretty nice setup on the NZD/USD daily and 4 hour charts. Pin bar/gravestone doji on the daily, and a BEOVB on the 4 hour. The kiwi failed to make a higher high so the trend may be down for a while now. I will be ...

james16 Chart Thread

Ok I'm still pretty new at this, but to me it seems like on weekly and monthly, CAD/JPY is in an uptrend not a downtrend like you guys are saying. That is why I didn't take the weekly pin (and because holiday trading was crazy last week). I'm seeing ...

james16 Chart Thread

That is good advice I'll think of that next time. I just noticed it bounced of the 21, wasn't paying attention to the 8ema. I should have known better than to trade after NFP but I was hoping the market had been able to get back to normal 30 minutes ...

4 Hour Strategy (MACD)

I know some people trade USD/CAD using this method so I'll post this. I just got burned taking TC trade on this pair. Not sure why there was this huge spike up after the bad US news today but it went wayyyy past my stop. Anyone else take this trade?

4 Hour Strategy (MACD)

I'm still a pretty new trader (3 months) but I agree that moving stops to BE is overrated, and I don't do it. If we are technical traders, we have an entry and stop loss in mind when we take a trade (and maybe a profit target as well). As the trade ...

Breakeven Stops - Trading Emotions

Hi guys I'm still getting used to this system but one thing I noticed recently is that when the macd gives TC signals off the 8ema rather than the 21 ema, you can't really rely on CT trades (round tops, etc.) to take the price back even to the 21 ...

4 Hour Strategy (MACD)

Thanks, that makes sense!

exchange rates when buying crosses?

Ah, I just looked up the interest rates online (USD 4.25 and HKD 5.75), didn't realize oanda had it's own interest rate calculations. I didn't take this trade but I'm going to look into it some more. Thanks for the info.

HKMA and Trading USD/HKD

Is anyone looking at this pair now? Price is at 7.8023 right now which is basically the midpoint of the 7.75-7.85 range. This seems like it may be a good opportunity to go short and collect some interest here with s/l at the 7.85 and t/p around 7.75 ...

HKMA and Trading USD/HKD

Thanks for the responses guys and thanks for putting that document together Trader_V!!

The System (Irony included)

I'm seeing 4 hour pin on Usd/Jpy near recent high and 50% retracement of 11/01 high and 61.8% of 10/15 high. I bought on retrace to 112.26, profit target somewhere around 111.75 but could go lower to 111.45ish imo. Stop loss above nose at 112.48. ...

james16 Chart Thread