this level as i said yesterday is very important but i suspect more down side oil struggles to go past 100 currently at 98, and the support at 1.42 has no conviction, just desceleration of bearish move, no change in direction. short biased for now. ...

EURUSD

i suspect you are having trouble with market structure. if nothing else look at a chart and ask yourself what kind of market youre seeing. that should be your point of start. there are only 3 bull bear ranging----ranging is devided into 2 but you ...

Am i making progress?

managing risks is a tricky thing. and although i was under the impression that attacks and rescues were merely a flexible scale in strategy. ive been running some calculations and i have changed my mind. listening to the art of war opened a ...

Technical Analysis Fallacy

i like your signature but you ARE PREDICTING. lets just look at price action and see where price exhaust itself. what do we know so far? below 1.42 will be a good place to put stops? right then dont put one it will be hit above 1.4250 another ...

EURUSD

image my analysis, is that we are seeing dollar strength across the board but the reason seems to be government intervention raising margin on commodities was a great move to defend dollar strength while keeping monetary policy intact. i suppose ...

EURUSD

whats so funny boss? is it hedging negative correlating currencies a risk on to intself so it cannot be seen as inverted, hedging position per se? "forage on enemy supplies" its how we avoid risking the bottom line

Technical Analysis Fallacy

may is good lots o volatility in the euro alone there was a 600+ net pip drop last month a 600+ pip gain in the euro alone watch the market. identify the market condition

Having a crappy year down 5%...how about you?

its been great been months since i lose any money at all

Having a crappy year down 5%...how about you?

that AU dropp was expected it had been signaling for a while, so you should have been paying attention (i dont mean to be rude, i am a newbie and you might be more experienced than me). however i feel that i might help you with this criticism, the ...

Technical Analysis Fallacy

jesse livermore said " there is nothing new in the game of speculation, is as old as the hills, what has been done will be done and whats been done has been done" and this thread is great it has a lot of informational subjects and i as a student of ...

There are no secret patterns and there will never be one

most definitely. i have read it 3 times and each i find small things that help out. and yes i practice practice practice. as i said before, i want to be the best, and i promised FTI in this thread that i WILL be one of the best traders of our time, ...

Technical Analysis Fallacy

Sorry about that didnt mean to ignore the question, just that i have not kept track of number, just been practicing technique experimenting with skews, thanks for helping me, in advance. i appreciate it. its been like about 100 trades i would say. ...

Technical Analysis Fallacy

FTI i can honestly say, nothing will be held against you, you are truly a master and we all respect you. to be honest i believe, the USD/JPY will rise, The BOJ is rumbling about intervention again, i read they are watching closely that 80.00 level. ...

Technical Analysis Fallacy

nice to see you are well FTI

Technical Analysis Fallacy

its hard to come up with a number, i trade everyday. most of the day when im free. i suppose the best indicator is my account reflecting profits and i hardly let a trade go unrescued.

Technical Analysis Fallacy

as i said before im no expert im still experimenting, with the skews. but i have found in my opinion a flexible attack and retreive to be more advantagous to me. i could be wrong and if i am the more experience traders here can perhaps correct me. ...

Technical Analysis Fallacy

correct me if im wrong. but attacks and rescues are design to be flexible in our approaches and not going all in, on an opinion or assumption and then turn it into hope and await if the assumption was indeed correct. with skews we can actively ...

Technical Analysis Fallacy

i am by no means an expert at fighting the forex war ( i like the war analogy gives me better strategic thinking) i have a mini account, so effectively 1 lot is .10 cts per pip, so you have to do some math, i mean. everything here is not set in ...

Technical Analysis Fallacy

before the euro it was the DMK the Deutch Mark and if the euro collapses just short it if it ceases to exist it will be replaced by another currency, Greece doesnt matter, the Euro would be better off with out that tiny insignificant country that ...

What Will Happen to Forex Trading if the Euro Falls?

its called fundamental analysis, you need to learn what drives demand for a currency up and anticipate such events example raise in interest rate will make a currency more attractive for big player to park their cash reserves as it yields a bigger % ...

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