~PIP'n aint Ea$y~

[simplegreen]

GM 6979 and board....am very sorry to hear of your losses 69..,FOREX can really crush you if you get to thinking it can be easy...as the board name states PIPN aint easy.I have been scalping some on small USD related pairs but for the most part have shyed away from EUR and USD with serious money....most of my trades have been in AUD/JPY..withh that pair I have a very weak base currency in the Audie and a very strong one in the Yen...I am trading it on 15 minute or less candles and watching pivots and trendlines on a 30 minute to see as I approach key reversal areas...also I am trading no more than 50K units and at times only 20K units going in on firm reversals and letting it ride to any significant profit then closing it til I see next firm reversal.Most have been shorts but I have no problem going long as it technically oversells on the 5 to 15 minute time frames.Also..I do NOT go againdt the grain...if 20 minute candle is bullish I tend to go with the crowd...and of course...the other way around.Hope to see you get back on your feet soon...you can make bank on FOREX but you cannot literally beat it IMO...just too many variables.Go in for a quick kill and never force something to happen..If opportunity is not solid then sit on your hands til it turns firmly in your favor then ride the big money in the direction it is going but close the trade well short of next probable turning point....Simple