Recent content by JULIEROSE

If you read my post you would have understood that I short euro/usd on one trade and at the same time longed gbp/usd on the other trade. You need special permission from your broker to long and short the same pair at the same time or open seperate accounts to achieve that goal. I'm aware the...

Yes it is hard not to be human.

the book was by Michael D. Archer & Jim L. Bickford called Getting started in currency trading .

Have you looked at the broker firm fxcm they were looking for traders who could prove a good track record here in the States to work out of their New York office. They posted on their forum looking for anyone interested. They also have a London office so they may be worth looking at.

Dollar is set to rally now. Putting in perspective yesterday saw the euro/usd rally out of of a bull flag it has since failed and reversed back to into the bull flag. Once below 131.40/60 level should go back to 129.20/50.

GBP/USD leading the way and testing channel support after the sharp reversal from 1.9750. Trendline support comes in at 1.9585/95 and targets initial losses to 1.9550/60, but points to a larger decline to 1.9300-50 on the drop back into consolidation channel.

It's currently sitting around 197.50 tonight not much trading going on. I longed it late this afternoon at 197.20 it is currently trading just over 197.50 I've taken my profits as it is just sitting there & it's 10:45pm and I don't want to hold it overnight.

this is true none of us know what will happen this week or next we can't pretict anything just trade with the market and let it tell what it is doing and watch for signals. In answer to your question I trade GBP/USD the most and also the EUR/US.D. Sometimes not often though I trade the other...

At least it's in the demo account so smile.

A hedge is when you buy the same pair say GBP/USD to short and long.You put a stop loss on both and hopefully one will stop out while the other goes in the money. You do this when are are not sure which, way the market will go in the hope that you take a small loss but alarger profit on te one...

I wish I had loads of time to discuss this but I have a newborn and a 2 year old. This is what I did. Get Fridays chart up from 4 am to 4pm. Find the two tops and draw your trend line. The trend is down. The trend is our friend so we trade the trend. By bringing up the relative strength index...

Well I'll be looking at the four hour chart on Wednesday around 7am EST. I expect the overall trend to be down next week but anything can happen as we all know. We all just have to listen to the market and let it tell us if the trend is down or up. Next I'll look for the overbought/underbought...

Your broker has the highs and lows of the day on your workstation . Have you even tried to open a paper trading account yet? Don't waste your money on expensive packages. Try forex.com or any other brokerage most offer free practice accounts for 30 days and also free webinairs on the basics of...

Successful traders have absolute control over their emotions, they never get too elated over a win and too depressed over a loss. Successful traders seldom think of prices too high or low. Successful traders do not panic, they make adjustments rather than revolutionary changes to their trading...

Does anyone hedge their positions here. I have opened two seperate accounts to do this and I'm giving this strategy a go this coming week on the EUR/USD entering the trades just before London opens and again before Stateside opens. I had a go in the same account doing GBP/USD & EUR/USD as they...