Recent content by currencytunes

As an example, today am looking to short AUDUSD on break of yesterday's low as per the divergence on the stochs. Also, looking to long USDCAD on break of yday high as the stochs are now oversold. And am already short GBP/USD at 1.5030 as per the divergence in stochs. Will update once the trades...

Your results are quiet different from what I have experienced. May be because you stuck to only one currency pair and only one method. I use nexus methos on all major pairs and use both the nexsus methos. Since my last update, am up another 55%. I am planning to share trades live when I enter...

anyone else willing to share the findings on NEXUS ? Am I the only one tho is still trading with this method?

Thats my point. Its a free market. Brokers will offer all kinds of leverages from 1:! to 1:1million. Its the users who have to take a sound decision.

I would love to know how many of your guys here have actually used the broker EXNESS. Sounds like this forum is condemning them for just being based in Kazakhstan???? Well, so what? There prices ar e by far the best. I have been using them for past 3 months now. The bid/offer spread is the...

You may try http://www.prepaidpips.com Have been buying pips from them fr last 2 weeks. Looks good.

The two systems are very basic, One being based on stochs oversold and overbought and divergence levels. Another based on inside bar trading. The system recommends two trades on each signals 1 lot with risk:reward of 2:1 and 1lot with risk:reward 1:1. So, its high probability setup and mostly...

Update Yesterday's candle was a long white candle. I should have bought break of the candle. But I'm square. And now I don't want to jump into the trade. Guess, GBP is a wait and watch story for me now.

My first trade in the journal is over now as Cable hits my stop loss of 1.5300. PnL so far = -220 PIPS No. of trades taken = 1 Tomorrow is another day!!

Update Agree that including more pairs will facilitate more patterns to be analyzed. However, its just the paucity of time at my hand which restricts me to anaylze only one pair. Also, along with the forum, I want to see how many pips can one gather on a pair in one year, trading just the...

Hi Timsk Thank you very much for a warm welcome to the forum :) By flow bank, I meant the banks which manage the currency flow from corporate and institutional clients. And on ethics, I don't believe there is any east/west divide. Politicians are crooks anywhere in the world!!

About Me I almost forgot to introduce myself. I have posted earlier also in this forum but didn't introduce myself. Market is in a lull with London yet to open - have loads of time to write about myself now. I graduated from a top business school few years back and joined a big bank. And since...

Trade Update The trade was triggered yesterday. And it went out of the money pretty soon :D Holding the original plan of stop loss and take profit. One worrying factor is a hammer-like formation against the previous swing high of 1.5066 yesterday. Though, today GBP/USD rates are so far...

hI advfntrader No, I haven't checked James16 thread. Will do that now. In this thread I'll be writing daily updates on GBP/USD. As I trade only daily charts, I like the chosen pair to be volatile - and GB/USD fits the criteria. Also, given large stop loss for daily charts, I trade with smaller...

I trade currencies on a daily time-frame using candlesticks in conjuction with support, resistance and trendlines. For people who are serious about learning this methodology, I'd recommend "JAPANESE CANDLESTICK CHARTING TECHNIQUES" by Steve Nison. Here, I will update all the trades I take. The...