I would still love to see an indicator that gives a momentum off a moving average, so given say the 50 day or 100 day moving average how extremely overbought or sold a pair would be relative to the moving average.
I dont see anything worth jumping in right now...JPY was good for a few times more than what we went for...but like i always say... im not greedy
I dont see anything worth jumping in right now...JPY was good for a few times more than what we went for...but like i always say... im not greedy
risk/reward is low...i think the DMI crosses are the $$$ makers....i could go for more but 20-30 pips is a good goal i think...ive scaled back some going for 20 but its worked out fine up to this point....and i dont set stops so....where does that leave me?
I was hoping it would spike down again an give me a sot to average lower but no such luck[i was gone when it hit the 60s just b4 10am] i got it down to 8824 limit now at 8836....im going to hit the hay ill check it when i wake up
risk/reward is low...i think the DMI crosses are the $$$ makers....i could go for more but 20-30 pips is a good goal i think...ive scaled back some going for 20 but its worked out fine up to this point....and i dont set stops so....where does that leave me?
I was hoping it would spike down again an give me a sot to average lower but no such luck[i was gone when it hit the 60s just b4 10am] i got it down to 8824 limit now at 8836....im going to hit the hay ill check it when i wake up
I like USD/JPY here looks like its about to cross on the 2@4hr charts....buy 88374......limit at 20
Good luck with your trades Rick....if i had a lean for EUR/USD it would be higher??See you guys in the morning
I like USD/JPY here looks like its about to cross on the 2@4hr charts....buy 88374......limit at 20
Good luck with your trades Rick....if i had a lean for EUR/USD it would be higher??See you guys in the morning
You setting limits or stops Ice?
Just a 50 pip stop loss.. no limit...
Anyways, I'm up on this sucker! After an ATROCIOUS and I mean ATRIOCIOUS week of wagering, it was nice to make some money here... Going to keep an eye on this today.. see how much more I can squeeze on this... up close to $400 on this pair as I type... USD/CAD doing absolutely nada... it's just FLAT... hmm,, not sure if I should just dump that pair
You setting limits or stops Ice?
Just a 50 pip stop loss.. no limit...
Anyways, I'm up on this sucker! After an ATROCIOUS and I mean ATRIOCIOUS week of wagering, it was nice to make some money here... Going to keep an eye on this today.. see how much more I can squeeze on this... up close to $400 on this pair as I type... USD/CAD doing absolutely nada... it's just FLAT... hmm,, not sure if I should just dump that pair
By MY estimation (and that's probably something not worth a grain of salt as I'm still learning this stuff) This pair SHOULD break through the 9000 barrier... anyways, one thing I have changed... I'm no longer scalping by just going in for a few hours, I'm going longer term. So I'm going to go for that goal here... 9000 is doable, looking at the charts.
By MY estimation (and that's probably something not worth a grain of salt as I'm still learning this stuff) This pair SHOULD break through the 9000 barrier... anyways, one thing I have changed... I'm no longer scalping by just going in for a few hours, I'm going longer term. So I'm going to go for that goal here... 9000 is doable, looking at the charts.
Yeah i need to be home more....ive had 3 trades for 20 pips that were worth over 100 pips but i just set my limits so low
Got JPY at 8837 and it now 8960
Yeah i need to be home more....ive had 3 trades for 20 pips that were worth over 100 pips but i just set my limits so low
Got JPY at 8837 and it now 8960
USD/CAD finally moving in my favor now... let's see if we can get a jump start here.. being Friday, I would expect some solid movement on this.
Stick with USD/JPY... aim for 9000, that's what I'm doing... I've made a shitload on that pair now... but I think it can go higher.. I'm just looking at the charts, and feel this can hit the 9000 barrier..
USD/CAD finally moving in my favor now... let's see if we can get a jump start here.. being Friday, I would expect some solid movement on this.
Stick with USD/JPY... aim for 9000, that's what I'm doing... I've made a shitload on that pair now... but I think it can go higher.. I'm just looking at the charts, and feel this can hit the 9000 barrier..
In the past, I would have ditched USD/CAD by now, and I wouldn't have realized that gain..
Cool heads, no panic wins out here.. keeping emotions in check is absolutely critical
In the past, I would have ditched USD/CAD by now, and I wouldn't have realized that gain..
Cool heads, no panic wins out here.. keeping emotions in check is absolutely critical
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