A cloudy but pleasant by the border of Mexico. I'm noticing that the EU is creeping up to 1.1900 where I have a limit short just waiting to get plucked. I'm hoping the chart reflects a testing the resistance and then head back down... way down. But ...

EURUSD

Looks like we're starting to see a downturn start to form or at least a retrace. My indicators say: SMA 10 and 20 is starting to narrow--crossover coming? SMA 50 and 100 is still uptrending RSI 70 was hit about a week ago and is starting its ...

AUD/JPY

When anybody, including paid analysts give a forward price action, you have to take it with a grain of salt. They use trend lines, oscillators, indexes and you name it. It's all puff. Some is more educated puff than others but it's all puff, ...

EURUSD

I'm red-lining on my US account yet I still want to short. I missed the 1.1900's for another short for that reason. Hopefully tomorrow I'll pick it up. Got a sell in for 1.1900. I think it will be consolidating for a bit before it drops.

EURUSD

I think Keynes sums it up. "The market can remain irrational longer than you can remain solvent." — John Maynard Keynes

EURUSD

Stress is stress. When I stop out of a position only to see that the market goes my way again, to me that's stress. I view stops as high risk until you're 'in the money'. When I'm a hundred pips or so in my favor, then I'll put in a profit stop so I ...

EURUSD

What do you mean shorting? That only the euro should be strong? That doesn't make much sense. If I'm shorting the euro, I'm going long on the dollar. Everybody shorts when the buy a position. Everybody goes long when you buy a position.

EURUSD

Yanitsa, I don't recommend my strategy for anyone. It takes some gahongas to follow through. What I can say is this year alone, I've increased my profit up to 87%. It will be interesting what it will be when I unload all my positions. Right now ...

EURUSD

Except for scalps, I quit doing stops years ago. My broker, Forex.com, if I hit my margin, they will only take out enough pips--usually just one--in order to maintain my margin requirements. I take the hit then just replace it when I have the ...

EURUSD

Got two more short positions in at around the 1.1840's. Life is good! If it tests the 1.1860's I'll try to get a couple more in. We'll see... I usually only show daily charts but for position I'll do 1 hour and even less. Dow is at a new time high. ...

EURUSD

The PA is going to bounce all over since the indicators--at least what I use--have not deviated from the uptrend. Of course, that will change since it's way overdue for a retracement. It will keep whipsawing until the indicator suggest a reversal is ...

EURUSD

The uptrend started at the beginning of March and this last run, the fourth, is by far the longest uptrend without a retracement. The daily Heiken Ashi candles in blue is now 33. The last run was 22 candles. All that suggests is it's due for a ...

EURUSD

My what have we here as I wake up to a beautiful Arizona sunrise? Looks like it's testing the resistance to see if it has enough umph to push it over the top. I do have a short waiting at 1.1842.

EURUSD

I totally agree with you. The market makes fools of us all. We're here for the ride--that's all.

EURUSD

Buying long and shorts are two totally different things regarding the stock market and the forex market. In forex, the notion of 'bulls' and 'bears' is a misnomer. Going long in the stock market is a measure of optimism on the stock and when you ...

EURUSD

It looks like the EU is still a very strong trend up. I hope my other currency positions will turnaround so if I have to, I will keep shorting this for awhile. Should have known better when Trump said he wanted the dollar devalued that this was ...

EURUSD

I'm positioned heavily in UC for longs. It's been taking its sweet time for a retrace. Oh well...

USD/CAD

denisius and arash66110... Your dialogue is really hitting at the heart of the matter and that is strategy and whether you are a long term or short term trader. Much advice given here is about short term trades but there are a good number who do ...

EURUSD

Wish you well my man. I would like this to be the top but will still keep shorting if it isn't...

EURUSD

Obviously I got my 1.1800 and now I got a short in for 1.1820. Got in way too early but hopefully I'll survive...

EURUSD