im hoping it drops to 4420/4385/4330...optimism, as i always say, hope is the denial of reality...

EURUSD

sorry, i totally mis-inteperated the fundamentals...i thought this whole debt ceiling would make it more a risk adverse environment, but forgot in this case that money wont flow into dollar...so now hoping for a 100pip drop to make my loss more ...

EURUSD

morning all, i just woke up to see my positions not onyl under water, practically drowning...what the heck happened over night?

EURUSD

i think forex and stocks are very different...who says $80 is a bargain? only the information you have available to you...if the information is invalid, that is what a stoploss is for...sure, the stock could stay at $80 for 5years, or you wait for ...

Price action is dumb, and you're lazy for thinking otherwise

My point wasnt suggesting that one should be totally ignorant, but over exceeding knowledge can induce analysis paralysis... as for feel good factor? marshmallow feeling? the whole objective of trading is to make money...however self quantifying ...

Price action is dumb, and you're lazy for thinking otherwise

S & D...the way i look at is, think of bartering...its not an edge...but if you've bought goods at $100, chances are someone got it a bargain of $80, and chances are that theyre will be always some nut who wants to buy at $200, but in reality there ...

Price action is dumb, and you're lazy for thinking otherwise

Logic? not being funny, but what are you trying to say here...are u saying that you've reached a stage where you understand the million variables that potentially affect trading on a daily/hourly/minute basis...or are you mocking the few who have ...

Price action is dumb, and you're lazy for thinking otherwise

i dont know much about the US economy, but blaming Obama for the nations deficit is really scape-goating, the two useless military exercise campaigns known as afganistan/iraq, as well as this whole financial debacle of fannie/freddie, and letting ...

EURUSD

morning all...the UK GDP tmrw expected at 0.2% which is dire...so a) if the GDP is gonna be better than that then cable will rise, so today its gotta drop to lower levels first...b) if GDP gonna be dire, then a rise today would maybe be ...

Cable Update (GBPUSD)

morning all, why is the guy above pasting stuff from trading central? secondly, the daily pivot is at 1.6260 so could be good area to buy but im hoping for a drop down to 1.6200 area which would be former supply turned into demand...

Cable Update (GBPUSD)

in the world of probability, anything is possible, from $1000 you might make a million dollars first year...or it might take you 10years or 100 years, all depends on your dedication/devotion and experience/learning curve... but rather than sitting ...

How do I make millions trading Forex?

why the heck do people look at making the millions from forex...honestly... why not just pay off the mortgage? why not just double your annual income? each of these steps will lead to less worry, more spending power, better lifestyle...you might ...

How do I make millions trading Forex?

iv exited, lack of patience at this time i suppose...going long target 1.6138

Cable Update (GBPUSD)

If it ever bloody gets there...

Cable Update (GBPUSD)

morning all, going short on cable, looking for retrace down to 6050 zone, ie, weekly pivot, or retest of breakout zone at 6075...stop above recent high...

Cable Update (GBPUSD)

as long as the market moves 1 pip a day you can make money, how much money depends on how much u bet...point is id work out the minimal monthly amount of money required for you to sustain your life, work out how much you bet and therefore how many ...

Living Off Fx

hi, just wanted to know, is there any particular time frame u look at...also as i cant get RSX indicator on my spreadbetting chart, is there any equivalent RSI value... currently im short euro/USD targeting daily pivot 1.4225

Pivots + RSX + Stochastic on M15 & M30 - Intraday rangebound

Sounds good and sounds ideal, my reason for failing so far has been due to FAILURE TO PLAN...but intraday, capturing those 30pips move up/50pips down, 20pips up, those kind of moves which quickly add up, a successful way to capture them is what ...

Cable Update (GBPUSD)

Been there, done that, got the T-shirt...sitting in front of a screen all day can be lonely and drive you loopy, hence forex factory is good and bad as if you dont know what ur doing u can be heavily influenced, been there, done that...however as an ...

Cable Update (GBPUSD)

Personally i would love to grab every pip possible but have not mastered it at all, intraday trading, sometimes price turns due to support/resistance, fib levels, pivot levels, bouncing off MAs, supply n demand levels, heck its so difficult to ...

Cable Update (GBPUSD)