hello guys please take alook at the 4hrs gbpjpy chart now, A [B]psychological resistance point has formed at 151.000[/B] so if price close above this level we will be in a super-upward-ride to may be [B]152.000[/B], we just hope this happens, cos price finds it difficult to break this level all day long.
Yea:) horlique:) do let us know when the time is right to take this ride of pips
I just join a forex group… The professor do provide trading signals… I will post it here for reference …
It has been sitting there all day… lets see!
Yep… It’s going up and down… Still haven break through the resistance level
you can start a new thread lets see the performance of ‘‘The Professor signals’’ one can never stop learning new things in forex trading.
I just got stopped out on the gbpaud from a 30 pip profit to breakeven.
Better to breakeven than loose 60 pips
Nah I made a 30 pip profit on the half I took I lost the second one. So altogether I saved 30 pips. Which is awesome! It stopped me out went way crazy down and then now its up again
I didn’t buy back though didn’t know if I should!
As long as you are up that’s good. Just read through the first couple of pages and you’ll understand when to adjust stop losses. I tend to use that method on all my trades so that I can lock in some profit.
thanks I will.
trade 21 buy euraud now or buy euraud at 1.40860
stops= 60pips
targets= 200pips
reason for trade: retracement bullish entry
please risk just 2% on this trade.
On that thank you
Spread is 8 pips for me is that the norm
Thanks, I’m in on that.
I moved my st to break even on the gbp/aud trade an broke even, I’ve noticed a channel on the 4hr chart bouncing up an down. Do you think I should go back in (long)? If it goes back into the range?
I’m in on this but headed to sleep. hope it works out. Will check it in a few hours. Thank you!
if you are using an ecn broker spread is as low as 1-2pips. But on some brokers spread can even reach 12pips. So your 8 pip spread is normal.
Only to confirm, we are going up on euraud?
Yes… long
Gbp jpy is very near to the resistance level … So anyone here monitoring this currency?
[QUOTE=“kaotzeyang;507407”]Gbp jpy is very near to the resistance level … So anyone here monitoring this currency?[/QUOTE]
nope jpy has a habit of turning on me.