I think we're on the same page then. Thanks!

Ramblings of a Forex Junkie

Thank you for your prompt and thorough reply. I'm actually also a fan of Sam, although commercial interests always plant a seed of doubt in the back of my mind as to intentions. I know you're not here to discuss your specific trading style, but ...

Ramblings of a Forex Junkie

It seems to me that all of the successful traders have the same kind of general strategy you do - trading off of supply and demand levels being at the core. Until I started doing so myself, I rarely had any success, and then it was more luck than ...

Ramblings of a Forex Junkie

Mingary is of the belief that trading is complete gambling and that only luck will allow someone to be "successful". As far as I'm aware, he doesn't trade at all. I disagree with him but I thought you ought to know.

Only 1 good thing

Forex factory is kind of like a pawn shop. You have to figure out what's really valuable and what's really just bullshit with perfume sprayed on it. Most people here are the people who saw an ad to get rich quick and that's exactly what they expect. ...

Only 1 good thing

Quite possible, I don't watch the EJ. If it were influenced by the ECB and they did throw all that money at the market, I would assume so. But it's likely as pips-scout pointed out that perhaps that's not the case as I had thought.

EURUSD

Keep a cool head, you're on the right path. Yesterday was a freak show and today is a continuation of it (currency correlation pairs are decoupling - look at the cripple and compare it with cable and swissy). Who has the funding to move the cripple ...

Cable Update (GBPUSD)

I know it's at a new supply level, all I'm advising is (extreme) caution given that it's behaved so erratically the last few days. The people driving this thing have a very intense interest in seeing it go higher.

EURUSD

I think you're completely off your rocker buddy.

EURUSD

This has to be bank manipulation. Who else has the funds to ram this thing 320 points north through two areas of well respected supply in two days? I wouldn't trust the technicals on this thing at the moment, at least until we see some of our ...

EURUSD

Now that I've had a little time to wake up and look closer, cable is retracing its move yesterday as well. Unless we're seeing a complete change in dynamics here I have a feeling we'll see a large retracement. I hope the ECB loses all of their money ...

EURUSD

Correlation with the Franc is out of sync. Swissy failed to break support....screwy cripple. Up 49 pips on my Kiwi trade though.

EURUSD

Surely it's not a simple MA cross, I have a hard time believing something like that can work consistently, especially when spread eats up a big chunk on the m1. You don't have the holy grail. Don't fool yourself into believing it.

EURUSD

I had no idea that was even possible. It only lets me delete attachments less than 24 hours old.

EURUSD

Actually that's what I was aiming for, not real happy with the cripple's behavior as of late. Aussie is up against resistance too, showing some signs of a trend reversal like Kiwi is. Not much of a surprise there though. 4H just confirmed the ...

EURUSD

Sounds good then, I'll grab it on daily close if the divergence is still valid.

EURUSD

We were in the same boat, luckily I pulled my stop to B/E before I went to bed last night though. I'm a little jittery myself to be quite truthful. On the contrary - anybody who has a take on it. That stop is a little more liberal than I would ...

EURUSD

I think you were just gambling. Also, what do you guys think about this setup on the Kiwi? Bearish divergence (needs to be confirmed) on the daily going into supply. Only hold is that this would be the third shot at the level.

EURUSD

You'd have to post a chart or give us some price quotes.

USD/CHF

Hooray for weeks more of consolidation. Old supply zones sitting back to back right above.

EURUSD