Since the Eisenhower days of the 50's to now, every US president threatened N Korea but eventually capitulated. Trump responded in like manner but I don't he will capitulate. Europe will eventually realize that N Korea is their problem too. What ...

EURUSD

It depends on what rules are foisted on you as a trader and that is determined by what country you are in. My strategy would make no sense in other countries where the are no FIFO rules to contend with. Also, with some brokers, if you break margin, ...

EURUSD

When I say I don't use stops it means I don't use stops until I'm into the retrace then I put in a break even stop and eventually a profit stop. I also put in a take profit. Once I'm in-the-money I can walk away from the computer knowing I'll be in ...

EURUSD

I'm not sure how you missed my point but you missed it completely. The only times I use stops is when I scalp or use a 1 hour chart for a day trade... period. Yea the market is dynamic but if you, as a trader do not recognize certain patterns, then ...

EURUSD

I am one when going long term do not use stops. However, if I'm scalping or a trade on the 1 hour chart, I will do very tight stops. The dice roll for me is I want it to go my way based on either momentum or 3 15 minute candles at resistance or ...

EURUSD

Going beyond even a year wouldn't it seem just a little esoteric to any kind of future numbers, particularly in the forex market? One nation state with one huge catastrophe can reverberate to all the major currency pairs. The world seems way too ...

EURUSD

I closed some positions for 37 pips but I did margin on a couple of them so realistically I probably made around 30 pips. Now that I'm 'in-the-money' I'll have to see which way things go.

EURUSD

Thanks... the price action is amazingly fractal and same patterns will iterate in virtually all time frames. However, an uptrend in a 1 hour chart could be in the downtrend of the daily chart. It may seem trivial but that is the reason most traders ...

EURUSD

What time frame are you basing this trend on? The daily chart is usually the basis for an uptrend or downtrend. If you see and uptrend or downtrend that's in a different time frame then the daily, it is not a bad idea to point it out.

EURUSD

You are in the wrong market if you have little patience. It will go where it goes and requires much mucho patience.

EURUSD

Yesterday, the daily red heiken ashi candle turned red but at the close it ended blue. Such sadness... Today it's back in the red so I'll to see what at the close. If it stays red and we get a couple more that close at red, we be looking at a ...

EURUSD

You guys are taking yourselves way too seriously. An analysis is simply an educated guess at best. Does anyone know if EU will go up to 1.24? No. Does anyone know if the EU will go down to 1.11? No. You may have a hunch what it will do in a given ...

EURUSD

It went back into the red again. Now if it can maintain two more Heiken Ashi candles in the red, it will indicate a good retracement and possibly a downtrend but that is too far into future to even discuss. But a retracement... yea.

EURUSD

"...so sad, so sad... such a sad sad situation, and it's getting more and more absurd..." The red Heiken Ashi turned blue again. So sad... See what happens tomorrow. video

EURUSD

It's why I no longer use stops at least not in the beginning. Right now my positions are all over the map the highest being 1.1875 for a short. If this turns out not to be a retracement then I will buy more wherever it goes... 1.19 1.20. But if it ...

EURUSD

This post is NOT for day traders. Enjoy the whipsaw action--it's usually how you make your money. For the more long termers, this is what I have been waitig for. The Heiken Ashi candel has turned red for the first time in two months. If we get two ...

EURUSD

It has the potential to do anything... who knows? (the question mark is rhetorical)

EURUSD

EU still consolidating with a small daily bar. I'll probably bail if it gets into the 1.1500's.

EURUSD

The Heiken Ashi candles smooths out the price action by averaging the present candle with the hi/low, open/close and averages them with the previous candle. It smooths out the jittery price action and also tells when change in trend is about to ...

EURUSD

Until I see red Heiken Ashi candles, to me it's still the bottom of the uptrend. I want to see RED!

EURUSD