price continues to slowly kreep up, and support is well placed. i will short after price breaks 1.45300 and retests it. so far bullish bias, ready to kill my scout or rescue. still in the money

EURUSD

i re-averaged down 1.45574 by increasing lot size however i dont like this market nor the fundamentals. the True Finn taking power and the rumor of Greek restructuring will eventually work their way in the market. so far dollar weakness has ...

EURUSD

we had a >100 pip retracement from yesterday high, found support 1.45400 level where it revisited x3, now we see a 30pip net movement from the mean, i believe we resume bullish biased. bought small position at 1.45642, awaiting market to confirm my ...

EURUSD

are the banks closed today, no trading i suppose

EURUSD

[QUOTE=Wulfgar;4561794]Im a long term channel trader and I trade what I see. the market will do what it wants and i am ready either way... if it goes back down then I have levels along that way I look at levels of contention( numbers which repeat ...

EURUSD

dont worry my friend there has been 556 pips TR this month alone, plenty of opportunities for profit

EURUSD

not to be rude but your charts are full of assuptions. dont predict.... based on colorful squiggly lines. right now its at 1.46050 thats all i know, i agree there is upside biased d/t continued dollar weakness with MR Bernanke dovish

EURUSD

you rode the trend. i do that sometimes but how do minimize exposure on your overnights? im curious to know. i dare not leave overnights unless i close most of my positions and just carry over a minimal. with plenty of cash on the house.

EURUSD

im not sure there is a roll over i thought it was bank hollidays or is that tomorrow? either way im out. made my pips and i will now read about the market. do some technical analysis and find ways to minimize risk, maximize profits and trouble shoot ...

EURUSD

by the way there was NOTHING STRANGE ABOUT TODAYS MARKET it was text book predictable. GOLD up OIL up RISKY ASSEST up DOLLAR down, DOLLAR TOOK A BEATING!!!!!! that is all that matters, not to be self center but its the truth, world economy has one ...

EURUSD

exactly thats what separates you from the newbs manage the market in the now, whether you are position or longerm continue to manage the market in the now, until PRICE gives you a direction that is why indicators are full of bull crap macd, stoch, ...

EURUSD

depends on your strategy. you want to make 100 pips per month but on a trade you made 100 pips this is a debatable issue, i would say dont think in terms of pips think in terms of getting to know the rhythm of the market. pips money not important ...

target met, continue or stop trading

i see dollar weakness across the board, big volatily and momentum candles rejecting the 1.42 price from 2 days ago gold and oil masacre for USD= upside euro correlationg aud and gbp as well as invers chf cad, are all dancing well to the tune of the ...

EURUSD

thanks for all your inputs i was going over the whole post again and i was curious on FTI usage of ATR. But as i make my calculations, it is true that its not needed as you can visualize by candles or price quotes themselves, its about the feel and ...

Technical Analysis Fallacy

The USD might be the kid to pick on but lets remember that it has serve its purpose as the store of value and the facilitator of trade. the only currency that is can be traded in exchange of oil, and gold is priced in USD. why this wont stop anytime ...

EURUSD

the EURO is fundamentally more in the sh=t hole than the US the debt is actually not that bad when adjusted for inflation and compaired to GDP we have had worse times. the US economy suffers from lack of motivation, the politicians no longer feel ...

EURUSD

thats the beauty of forex if we are smart and nimble we make money either way my stock positions is what has me a little nervous, all up and up and up but with recent volatility spike i think the rollercoaster might be heading down dont want to miss ...

EURUSD

actually venice funny you mention trend looking at the left side its been going on for a while looking at all majors, USD weakness has been the trend

EURUSD

credit where credit is due now, bull trend confirm but be careful, newbies just trade what you see, feel the rhythm of the market and attack when price retreats, minimize exposure on key exhaustion levels. USDX down across the board, dollar weakness ...

EURUSD

50 pip move, strength and speed and time where back on the bull

EURUSD