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lotto said:
How about another paper trade. Let's say a buy stop to go long the EUR/JPY at 141.71 (currently 141.69) and if triggered, a stop loss at 141.65. If 141.65 trades before 141.71, assume the order would be cancelled. Again, this is paper trading participation on my part. I'd have a sell limit at 142.

UPDATE: Long 141.71. I understand that forex data is inconsistent across platforms or brokers - I am using the freestockcharts forex quotes for my paper trading.
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-6 paper pips. lotto 1/2, +20 paper pits cum.
 
xelite777 said:
The GBP/AUD is now testing the 50% fib at 1.8136.

Seems like you are going to miss the train on that one Boskop :p
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yea haha.. but it's cool, I'm long AUD/USD anyway. And something tells me I'll miss my re-longs at 9320 and 9305 there too..
 
boskop said:
yea haha.. but it's cool, I'm long AUD/USD anyway. And something tells me I'll miss my re-longs at 9320 and 9305 there too..
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As far as this AUD/USD breakout is concerned, there is no way the price is going to return to 9320 or 9305, at least in the short term.

On top of that, when the European markets open (London especially), a lot of people will notice the breakout and buy buy buy at 9370.
 
xelite777 said:
As far as this AUD/USD breakout is concerned, there is no way the price is going to return to 9320 or 9305, at least in the short term.

On top of that, when the European markets open (London especially), a lot of people will notice the breakout and buy buy buy at 9370.
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yea, maybe, but there's still time according to my chart drawings (i use the daily and h8 there). let's see how it develops. if i cant double up, then at least i'll FINALLY HAVE A GEZELLE TO EAT :D
 
Closing short GBP/AUD at 1.8100 for a 20 pip profit.
So I lost 30 pips on that trade (-50 + 20 = -30)

Waiting for a pullback to short some more GBP/AUD....
 
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