Recent content by AussieMatt

Hey jens, just a few ideas on the first trade. price is consolidating and the Bearish outside bar is being played from a support/resistance flip of the midpoint of consolidation. If that is the idea (that support is flipping) you could have gotten out of this with a smaller loss in my opinion...

Hey dazers, how did you go with this transfer? I have an account with them and funded as above as well however the transfer looks to be going to st george?

Pending order set

Unchanged my Bias is to find a way long to fill gap

AUDUSD - few min to cash rate, like long on support confirmation off 0.8705's in to Weekend GAP fill, mixed data this morning

No problems Joe, yes purely FX Thanks.

I have been around the forums here and there and thought it might be worth starting a thread/journal here. As a background I trade full-time (FX) based in Melbourne and up until recently have primarily swing traded the London/US sessions. 2 weeks ago I decided to move in the direction of day...

Hi, I trade FX fulltime and my hours are ~6pm to 2/3am depending on open trades etc, prior to that I worked in FX in a bank on the London shift for 2 yrs. For me it just comes down to staying fit/healthy, the weekends I tend to try and hit bed earlier and Mondays I am up before Sydney open...

I tend to look at it as areas that attract order flow. It makes sense that key levels in any market are a logical place for participants to rest their orders.

Same for me. I value my freedom/independence most and trading suits it perfectly. In terms of stress, I do need to pay the bills but I actually find that less stressful than working my old corporate job because its something worthy instead of being stressed out over an issue with someone...

I have less experience with equities as I mainly trade FX but if there is a strong S/R level that price has been testing over time that we cannot break out of and price gaps heavily through this level I have found a good play is to trade back to that level to ensure it was a true breakout. If a...

With pattern breakout's I would simply use logical levels of S/R to manage my stop (as it appears you are doing) or a trend line trail if we are given a pull back aspect after the break. If the Pattern is solid with clearly respected trend lines (SEK is a bit iffy IMHO) then it does not really...

I'm assuming if you get stopped out from a trail stop then the trade is over as the trail is your most logical exit strategy at that point given the scenario? If you have game planned all aspects of the trade and the trail stop is an aspect of that plan then to me the trade is over, you can...

Will be interesting to see how this closes..

I know its hard to do but take your time, learn, be patient, its not a sprint. the hardest thing I learned was patience. Knowing when not to trade is just as important. its like building a house, work on the foundation, learn what works and slowly build concepts on top of each other until you...