Only 361 shopping days b4 xmas......FOREX

I'll play with a practice account

long eur/usd  1.4424

took all day,but finally got my 25 pips out of eur/jpy.

in on a sell of usd/jpy at 92.21

looking at aud/usd to possibly sell, di+ at 37 but on it's way down, adx at 30, rsi is high at 77.6

buck....if u get time check out the 4 hr aud/usd chart and let me know if u see any reason to wait on a sell

It might be good for a sell here some of the short term charts look like a little spike is coming maybe wait to see if you can sell closer to the highs maybe 9150s?....that EUR/JPY trade looks better though as it looks like its setting up for a DMI cross shouls bring that pair even lower next few hrs

Pissed i didnt let EUR/GBP ride you could see the cross coming on the 4hr and its gonna be good for 100 pips or $1600[per lot]...

well ill wait and see how my usd/jpy sell does, then maybe by then it'll be time to jump in on a aud/usd sell. 

i jumped out of eur/gbp at 25 pips also, would've been nice to stay in for the whole 100 pip ride. 

been setting my limits at 25 pips, figure if i can get in one trade a day that's 125 pips a week.  up 75 pips so far this week between the two trades yesterday and the one today.

Thats a pretty good if you were in a standard account thats would be close to $1000 with the price per pip in EU/GBP...and if you were starting trades with 2 lots

So youre still in USD/JPY sell?what was your entry?

yea i'm happy with the 75 pips in less than 24 hrs.  trying not to rush things, but would've been nice to be in a standard account.

my entry on usd/jpy was at 92.21

OK i just saw 9221 as your entry....looking at the 1hr and 2hr chart JPY may be close to its bottom here...but if it can push lower it could bring an ADX/DI cross on the daily chart

Hey Kam do you trade off of charts?What do you look at 4hr,daily?

Looking at Eur/Usd daily/weekly i think we may see it push back to 1.48 soon....thoughts?

Wall you around?

buck   I like using daily, weekly, and monthly charts    Im more of a position trader, if there is such a thing in futures trading, although there is no such thing as a bad profit.   1.48 is about right.   I look for similar patterns in charts, the dollar long just seems like it has run its course for a bit.   Like I said, this is just a practice trade, but would be looking to close it out at the end of the week. 

Well JPY crashing for ya LT looks like you got your pips...next support is 91.40s........Rick was in this as well the other day he shoulda cleaned up...

AUD pushing higher here im going to jump in soon

Kam i like it higher here next few days just looks like 1.48 should be a good target....

Prof8  here is a great article on ADX that will help you understand what buck is talking about. 

Yeah buck,  great pickup on  the usd/jpy short.  Good for close to 110 pips. 

Looks like it is resting right on the 23% fib line for the past 20-30 min, so I took some profits.  Waiting for a  candle to close in the 91.72 (ish) area before I get back in.  Going to protect some profits here till I see the Fibonacci shape up and the ADX rise above 28-30. 

wouldn't hurt to let the RSI rest  for a Candle or too to get it back within trading range above 30 . 

Barring any news (which I have not seen this one could shape up nicely)

You can see where that 91.8 line used to be resistance for the past couple of weeks and now is acting as support.  It could be a tough level to crack, could take a few days. 

Looking at my news source it looks like Japanese vehicle sales are to credit with the movement. 

getting out at 1.4434   imo will be able to get back in at lower price

buck   I see what you mean abour crossovers on 4hr charts, something else to look at

others   nice short on usd/jpy    the daily chart looks kind of strong on it though....late nov bottom at 85, should be a good week for usd short then I think usd has more to go on upside, but I know you guys(sorry ladies if there are any here) are trading much shorter term

here's my take on the short usd/jpy    as I have said, I like usd short this week, on the 4 hour chart usd/jpy is building momentum to downside   as I was typing  was @ 91.73, but then I looked at chart and now @ 91.52     before that short sharp blip down I would have told you to go short @ 91.63     If you are already short, I would cover @ 90.95    u snooze u lose

I'll get back in on another paper trade long eur/usd 1.4412

got my pips from usd/jpy

couldn't sleep last night, woke up and checked charts, got in on a gpd/usd sell last night/this morning around 2 a.m., squeezed 25 pips out of that one real quick.

i'm in on aud/usd sell, entry was at .9137.  came close to hitting my target but on way back up right now.  gonna stick it out and see if i can hit it today.

buy usd/chf at 1.0313

short NZD/USD @ .7337

luckily only a practice trade   out @ 143.60   

AUD/USD and USD/CHF both hit their 25 pips. ...should've stayed in usd/chf longer though, bout to have a di+ and di- cross also.

looking for a few for later today.

Still in AUD myself setup an if then order and im up about 40 pips right now and its just crossing on the 4hr

Looks like NZD/USD closed below the 61% fib level.  My trade is now profitable, and just starting to gain steam. 

50 pip target.

im prob cutting my gains short, but it's been nice to lock in gains at 25 pips, and get 2 or more trades a day.  that's always been one of my problems in the past, i'd hold out for more pips and then things would turn against me.  i'm slowly starting to build my bankroll, have certain levels set in my mind to where i can start making multiple trades at one time, or trade more than one lot per trade.

Made a successful trade overnight, thanks to the recommendation at Mataf.net... I had EUR/CAD short, banked 50 pips

Again, tailing mataf.net.  Short on EUR/AUD now.  Looking for 1.57