Recent content by OrionsFX

Have done more blogging since my last post here. Read how I trade both major and minor currencies.

On Thursday night, I have already exited all dollar-bearish positions with sizeable individual profits totaling over 400 pips during this two weeks. I am wary of current situation where the trend reversals, in some cases, have already exceeded the 50% Fibonacci retracement level. There is a...

Turn out to be true, but near the end of a good run?

Based on technical point of view, I've been holding a yen position since 4th August amid uncertainty over recent fundamental issues. Now, I can see some light on the position as it finally creeps in for a 30-pip profit at the moment. Although at one point, the drawdown was almost at 140 pips...

Good question indeed. Simple answers. System in trialing phase, misread the market during that week and with no stop loss in place. I've given you the worst case scenario and personally paid the price. I can see more room for improvement and fine-tuning work needed for this unique end-of-day...

Have decided to book profit and stay out of yesterday positions ahead of today interest rate decisions and tomorrow US job report. Now following up on USD/JPY, AUS/USD & EUR/CHF instead. Fancy their technical outlook and hope can squeeze more profit for this week.

I have observed trend breakout for EUR/USD, GBP/USD & USD/CHF for the past 2-3 days. It shoud be good time for swing trades.

All good things come to a halt. Performance for the last three weeks: -377, +560, +1042. I have adopted a more laid-back swing trading approach due to the uneasiness of constant monitoring of live-price movements. The new approach is based on using own special formulated advanced index to...

Thanks for the quick response, adrianallen99. I usually assess + open my trades straightaway near 4.00pm EST after identifying potential swing opporturnities at end-of-day, in hope to give myself a head start before active trading resumes. So, it doesn't matter to me too if the price moves as I...

I also setup trades based on my end-of -day analysis on 11 popular currency pairs and my trades can typically last for 3 days or more. adrianallen99, is it possible to post the above quote at the scalping vs. medium thread? I am currently runnning a count on the forex strategy preferred.

Yes, my system encourages a unique way of swing trading the forex market (involving all popular currency pairs) by providing recommendations at end of day around 4pm EST. My point is to remove the need of constant technical monitoring. It is usually very difficult to beat the rapid-fast market...

Minutes vs Days? Here is a good article I read and which might have justified my action in switching over from the minutes scalping to a effortless1-3 day strategy. As a wanna-be forex signal provider and speaking from my experience, it seems that it is not feasible and effective enough sending...

Hi forexguru99, I trade and monitor all popular currency pairs including USD/CAD. You can follow my journal in T2W.

June 30 Report My June 29 positions has yielded 285 pips in one day. EUR/JPY +99 USD/JPY +44 GBP/USD +131 AUS/USD +11 The recommended positions from June 30 analysis at 3.40 EST are as follows: Close EUR/JPY Long USD/JPY at 110.91 Short GBP/USD at 1.7913 Short AUS/USD at 0.7605

June 29 Report Focussed information rather than superfluous price data is critical in the world of financial trading. Understand this, I have recently developed a unique forex trading system used for finding trading opportunities through the fusion of technical information from a range of data...