trend is up,we were waiting for this moment,trade entry is to buy gbp/usd at 1.6628
another entry,buy aud/cad at 1.0015
happy trading :19:
Aud/Cad position closed at 1.0150 with +135 Pips.
Gbp/Usd still in position with -50 Pips.
Hey mate,
I also had a short but bulls took my stop loss -30 pips. Waiting for another setup. How about you ?
Hey perry sorry to hear that,I am still holding for my short position, I trade only on daily candles, it is just a matter of time for me:54:
Yeah, Hope pair will turn the other side soon. Don’t you trade other time frames ?? Lower than Daily TF
As you see Perry pair(GBP/JPY) is starting to turn down again ,Hopefully it will continue;and no i don’t trade else Daily time frame because i found that it is more reliable and more accurate plus less stressful :45:
Buy AUD/USD at Current Price 0.9048
GBP/JPY closed on daily time frame Forming a bearish pin bar with momentum.
Happy Trading:22:
Following up my earlier entry buy signal on AUD/USD i am currently +75 Pips i will lock my profit at 0.9095 but i will stay in as i am seeing price will keep Going up.
About GBP/JPY position i will stay in as i believe that price will fall down tonight.
Happy Trading:)
[B]AUD/USD Target Limit set to 0.9245[/B]
i will suggest to set a [B]Stop loss[/B] for [B]GBP/JPY at 169.50 wich is -122 Pips [/B] from our sell entry at 168.28 just in case price break up
Closed [B]GBP/JPY Position at 169.20 with -92 Pips Loss[/B] and open a new [B]BUY[/B] Position for [B]EUR/JPY at current price 141.45 [/B].
Price just hit my target limit(0.9245) for my long position AUD/USD (0.9048) having a profit of +197 Pips.
Other open positions will be followed up upon changes happen.
Happy trading :60:
Hi ForexFox101,
I am new to FX trading and prefer to trade short timeframes - a typical day trader. With that in mind, when you find you are on a losing trade, is it wise to close the position and open the same trade in the winning direction?
Hello NitroPips,
personally i found longer TF is more reliable; of course i look at 4 Hours TF but i do this to only get more idea, i decide to go in a position based on Daily TF with a rejection of a dynamic support(EMA).And no this is the biggest mistake you will ever do if you trade against your loss,if you notice with this chart i cannot really tell what is gonna happen
at the same time i have more chance with this setup
Hope i answered your question
Have a great Day 
Hi ForexFox101,
Indeed you have answered my question. In fact, I tried trading against my loss yesterday with the GBP/JPY yesterday and made an even bigger loss - started with a long position in the London session and lost about 35 pips, then went short in the NY session and lost another 35 pips. Luckily, it was on a demo account. Another question, if you do not mind, why do you prefer the EMA over the MVA?
Hi again,
The reason why I use ema instead of mva is I found it more smoother and faster to react to price ,nothing else.
You can use both what ever you feel comfortable more with.
I will set my [B]Target limit for for my long EUR/JPYposition to 143.00 [/B]
Have a great Weekend all!:57:
Good white snowy morning from canada 
This week our main focus will be on the strengthen of Australian Dollar and the weakness of Japanese Yen.
Keep tune.
Hi ForexFox101,
Thanks for the response. However, my long-term goal is to trade using Price Action and Trend alone - Naked trading. I believe it is relatively easier to master that type of trading than the EAs based trading. On a different note, what currency pairs do you intend to trade this week?