however if the scout is successful and the assumption correct. especially after panic sell off, a counter buying wave happens, at which point i can scale in in fibo progression 12358... at the weakest point in price therefore effectively maximizing ...

EURUSD

i use a scale in method buy a small lot as a scout to feel the market. and if my scout gets trapped i rescue him on a corrective wave. if he gets assassinated, he served his purpose, as my army still intact

EURUSD

i am not in a position in the euro as of now but but im awaiting to get in around 1.48300 depending how price action looks like i am expecting consolidation, this is not acting like a range market anymore in my opinion. i believe continuation north ...

EURUSD

what is it that we want to do buy low sell high if you look at the the red candles or in your chart the clear black candles. then we can tell that yesterday had an increased in range which usually means panic sell. today i believe its finding some ...

EURUSD

here is an observation the GBP/USD AUD/USD CAD/US CHF/USD JPY/USD are all showing dollar weakness, lets keep in mind the out of all the major currencies the one that did not drop but instead consolidated was the EURO, seems to me that by gauging on ...

EURUSD

trying to stop a charging bull i suppose cant short silver to manipulate the market or theyll get their heads taken off like JP MORGAN so now make it harder to get it. wouldnt be surprise if they bann US citizens from possession of gold and silver ...

EURUSD

i would say identify market conditions better. there was absolutely no reason for you to lose any money. for the past week you could have gone bull or bear and sat on your hands till the market return to your original entry. ranging up and down no ...

EURUSD

the best way is to capture the entire move so if you short on the highest high of the current trend right at the top, and buy back at the lowest low of the trend at the bottom before it reverses, it surely will make you rich

What about this system? Amazing strategy

i personally dont think bin laden was a bad guy. there is always two sides of every story. and the whole US vs Terrorism as the champion of the world i dont buy it one bit. if you read on bin laden, he is actually a very honorable person with great ...

EURUSD

we are at a crusial point 1.48200 seems to be a level where price sell off at least for the time being is diminishing and if we have another retest we might possibly get out of this range and continue on the bull uptrend. watch carefully

EURUSD

crap now i gotta go see a patient, class is over i will see you later

EURUSD

actually you dont have to calculate anything. in reality, find the STYLE not SYSTEM that you are comfortable trading with. i will give you the basics as far as i know others can pitch in PRACTICE MAKES PERFECT, nothing beats getting in there and ...

EURUSD

i closed all long positions to lock in profits i need some sleep, ill come back by 5 am or so pacific time to see where the market is at see you all later

EURUSD

you dont need them they clutter the chart and the mind do you want to know when prices is exhausting, you dont need a line in the chart calculate true range/ time= thrust of price movement, its not 100 % accurate but nothing is. look at important ...

EURUSD

pretty nice thrust and momentum, the shorts would have to load up near 1.4900's to rescue under water position.

EURUSD

FTI i will make a public promise to you my dearest friend I will become one if not THE MOST SUCCESSFUL TRADERS OF OUR TIME. and with my profits i shall help people, nations, and attempt to change the world for the better. i give you my word, i am 25 ...

Technical Analysis Fallacy

im a little biased on the short side but i dare not open a short this close to support, i will await further confirmation.

EURUSD

5/3/11 closed position with positive, i effectively rescued underwater position. Witha gain of 2 dollars the demand is too slow, price is not experiencing a forceful push upwards. i will await further conditions.

EURUSD

lol voucher. is your account showing profit? thats all that matters

EURUSD

hey boss. i am forever grateful to you i am in the medical field i wish i could care for you and nurse you back to optimum health. if you are ever in the states (california) let me know, it would be my honor and pleasure to meet you i wish you all ...

Technical Analysis Fallacy