wasp

In regards to your comment (i thought you made here?) about, ''would you exit and reverse if already in a position.......'' I think it is a very good way of analysing your decision. I am a greedy sod and if I am not in a position I am doing something wrong or too drunk too trade! It was actually something db said in my journal once about how if, it is a good reason to exit, why not entry? After much deliberation, I am now in 99% of the time as if I think its time to exit, its time to re-enter, never before or after. When I am flat, that is one part of how I determine my re-entry. Of course this is much easier for me as FX is 24/5 and I am flat at weekends.

Let it go FW, you'll learn to trade eventually (that's for your comment on my thread!)

I know how you feel... one of those days... I keep switching between two pairs and whichever I go for stalls and the other trends nicely... sods law! Fuggedaboudit as an Italian gangster would say... each new trade is the first trade of the rest of your career! :\

Hmmm, been one of those days. Should have been trading EJ and not GJ after all!

The only reason I could feasibly see volume as useful is for measuring strength in a move but even then, not sure it would be that helpful.

I noticed hence the question. I will never use volume so seems little need. Besides, us real pro's can see what's happening in price alone thanks.

is it volume related?

my little info link has gone now. I always assumed it was something to do with volume and I do not have volume in FX so never bothered to read anything on it.

FW, can you give me the short version of what VSA is as I haven't the time to read the thread(s) but there is a lot of discussion on it here. EDIT: No need, the description comes up when you put your mouse over it!

Line 'vs' candle dump

Been concentrating solely on the Yens over the last few months. I got bored of cable whilst it went through a quiet period and after trying a few different instruments settled on yens as they gave a better overall picture and best for risk management for me. The exotics are fun but too many too cover and I prefer to concentrate on just 2 or 3 and spread the equity across them.

Do you still trade in currencies SMBTNT?

...or you click on the thumbnail

I'll just stick to thumbnails I think :doh:

Where do you host yours from originally?

FW, how do you post a larger chart as well as the attachment/thumbnail? (test chart)

You should see what I do when I win!

Even spelling is unimportant too, we all make mistakes! Trading is about being perfect though of course, its impossible and a good trader embraces losses, yet shrugs them off like water from a ducks back.

In order to keep the main live trades and analysis threads clean, any other comments and posts can be made in here... ie, an NQ chart for comparison or the dollar index to compare rates and anything similar. (Or to abuse firewalker as he is always drunk and will never remember otherwise :rofl:)

Can you please keep your cheap, unfunny, off-topic comments to your own board please. As it goes up 65 on GJ atm so not too bad all in all.

Interesting idea but not one I could implement. I prefer to trade on action pip by pip so wouldn't know where and why I would do it. Do you mean because you would want to free up equity for other positions or place them due to news releases or............?

Out of EJ for -25 Back to 5 pips for last 24 hours but GJ still okay! :bang head: EJ been giving me grief lately and actually going to let it lie for a while and stay with GJ

Really, things have changed a lot then although I could be thinking of Hong Kong more. Not sure? Last time I rented it was monthly but that was a while back.

EJ stop too 88 GJ stop too 43

Unfortunately I was too eager with my trendlines and watching EJ made me exit and SAR that GJ position only to take a loss and SAR again. Must pay more attention to what I draw! :crap: