Hi there! I'm just new here! I hope to meet new traders.. thank you fxmistress

GBPUSD continues its downward movement from 1.5997 and the fall extended to as low as 1.5296 level. Key resistance is now at 1.5488, as long as this level holds, downtrend is expected to continue...

GBPUSD failed to break above the trend line resistance and dropped from 1.5488. Now the fall from 1.5488 could possibly be resumption of downtrend from 1.5997, another fall towards 1.5200 would...

AUDUSD’s upward movement extended to as high as 0.9175 level. Further rise towards 0.9221 previous high is still possible later today, minor consolidation would more likely be seen before breaking...

Thursday September 9 , 2010 Previous session overview The pair Euro against U.S. dollar traded during the Asia session between the highest level at 1.27428 and the lowest level at 1.26644, the...

Daily Forecast 9 September 2010 EUR/USD Trading range: 1.2740 - 1.2640 Trend: Downward | www.Omekron.com Sell at 1.2730 SL 1.2762 TP 1.2653 USD/JPY Trading range: 83.90 - 83.00 Trend: Downward...

EUR/USD Yesterday�s failure to sustain break below trendline support at 1.2672, with 1.2658 low reached, triggered a correction higher to leave a lower top at 1.2762, ahead of fresh weakness....

Hi forexgirlUSA, your question is a good one but can only be answered by you. Anyone can give you their recommendations but your decision should be based on what your specific needs and requirements...

I closed my short order at 1.5502, lost so many pips. If I held this order for longer time, I will get nice profits.