Recent content by ratio

And there it is. Take profits on that long.

And as this is a good spot to cover, it's a good spot to buy. I'm looking for the upturn on this decline.

Well, this is where I'd cover that short - well over 100 pips... Sadly, I was too scared to take it.

Actually, I personally want to get short, but I want a bonafide upward move to give me a good price - otherwise, I'd have to set my stop too far away. But I really wanna get short...

So, the pound got its obligatory rally last week. Question here is will it revisit August highs or April lows? Trendlines (or just one) can help. If you're following the #/$ and you haven't drawn a trendline from April lows to last week's lows, you might want to. How that trendline holds up...

Hi Forker, I'd say between 1 and 6 trades per day. I don't like to get sucked into longer term positions, so I'll usually stop short of hourly charts to find my signals. I stick between the 5 and 30 mins charts.

HI Joho, I'm sorry I'd rather not say. They offer to up 1000:1 leverage.

Ok - cover that short at 1.54519

I'm really want to get short here... Afraid of overtrading. It'll be interesting to see what kind of upside this rally will have.

I don't use the news in my trading. I read it occasionally for general curiosity and awareness. I use metatrader for my charts.

I'm out again at 1.54495...

Little bonus trade here.. Price never really hit the profit target. I'd get long here again at 1.54379, might have to average down.

OK, I'm out here at 4500 I mean 1.54450...

Seems to be the medium through which my "commentary" is channeled, huh? There are many advantages exhibiting concrete trades - in using actual price points, instead of "jobless claims coming up, let's hope the dollars remains steady! I don't hold in front of news!!!" In short, I insist on...

I'm already misusing my own thread... I'd like to do more frequent commentary and again, see if I can't distill any high-probability trades from the analysis. The only trades I've given so far have been mechanical signals.