My Cad buys are not in the system.My broker charges the least swap on the Cad so I can hold if needed longer. After the meeting I suspect PA will change in my favor or wait and close on retrace.

Simple Money Making Method

Hi bro you like my explanation? I think you'll agree

Simple Money Making Method

Sure Blue 200 orange 50 pink 8

Simple Money Making Method

We got a beautiful horseshoe shape on GU.Usually but not always it goes down to initial start. I bought the UCAD heavily.I have heavy positions on it.UCAD is my favorite pair. After the meeting FOMC I think but can be wrong bloom will get deflated. ...

Simple Money Making Method

Hi Everyone Looks like the system has become more dynamic. For all posting here I use 50EMA not 72 and 8EMA/200EMA For me I prefer faster 50EMA but basic principles is the same bounce from pullbacks. For those who don't grasp the principle I'll ...

Simple Money Making Method

My view possible short from 2960

EURUSD

PA is really fked tonight.Hard to figure out.Little frustrating from lock of volume. On EU PA very likely to retrace 2960 level and most likely resume downtrend.

Simple Money Making Method

Hesitated taking long at 19 after the news release thinking it may tank even more but PA shows great resilience. Now I am puzzled seriously.Part of me does not want to miss the action of going long despite of dooms day predictions and part of me ...

Aussie Trading Room and Cartoons Gallery

[quote=surewin;6067503] Surewin welcome to the club Nice name. I am extremely tempted to short GU at nice whole number 6100 and what is holding me back is lack of volume.There is no muscle to move anything now.I suspect London may push PA to our set ...

Simple Money Making Method

Potential set up in progress on GU

Simple Money Making Method

image I went long on AU check it out its moving now

Potential Trade Set-Ups

Went long on AU 10217

Davit's Confluence Trading

You could make the an argument stronger descending trend line.You do have 200EMA under PA which is good for long but selling pressure on Euro is forming. Going long on this circumstance is gambling.What you describe as "ascending channel" looks more ...

Potential Trade Set-Ups

Scalped today on Euro +20pips. Better then nothing but dead market.Hard PA to figure out. This is the time to step back and wait for good set ups. Aussie dollar looks enticing at 1.021 long however daily shows easy .96 as well. Euro still remains ...

Davit's Confluence Trading

Expect the unexpected.Markets are unpricdable becouse it is depending on traders willing to buy and sell.Right now its kind of even equilibrium however there is strong selling pressure building up and longer it stays in equilibrium stronger the ...

Simple Money Making Method

you did the right thing.Think of a loss as business as usual.Don't get attached to it emotionally nor get attached to wins. Look at weekly.monthly % wins/loss not individual trades. If out of 50 trades you had 20 wins you can still show profit.How ...

Simple Money Making Method

Suppose we enter down trend which looks very probable and Price drops another 50pips making your 28pip loss a 88pips loss how would you deal with that situation.Wait? or close? Suppose you wait and Price drops another 50pips what then? How would you ...

Simple Money Making Method

Speaking of Ma's most loser retail traders enter the market after 80% of the move has occurred so they buy high and sell low.Reason this phenomena is because they wait forever for confirmation with their 10+lagging indicators and by the time ...

How do you develop a system?

Your system is YOU! Everyone can enter a market but how you close a trade will make the difference. watch these videos by Jason Alan Jankovsky and you'll get an understanding of the market and your psychology 1st before a system.People trading ...

How do you develop a system?

I am watching this as well.I rather go long on AU then short since my broker charges biggest swap on this pair and going short is costly when it stalls. I am watching to see PA break 20 level.Looking at weekly it has a potential to go as low as .96

Simple Money Making Method