Here we go...

EURUSD

So maybe we will have a dump after he speaks? Short perhaps? Closer to 1pm, we might have a better idea though.

EURUSD

Anybody think that this news is something to watch out for today? 1:00pm - EURECB President Draghi Speaks

EURUSD

I think he is just providing his analysis of what has happened rather than predicting what will happen It's up to us to decide what will happen. I'm currently in with a small short on EU. On the next leg up, if it stays within the triangle I ...

EURUSD

Both targets were hit, 24 and 35 pips This triangle is playing nice. Now look to take another short to the bottom of the leg.. it might even break the bottom leg now. Green pips!

EURUSD

That's awesome!

EURUSD

Good long trade detected. A safer target is a small TP up to 1.3614. But might be possible to ride it up to 1.3630 area. I will pick up more if it drops lower.

EURUSD

No, not only EU. But at a time I only have trades on 2-3 pairs. I break up my lots depending on how many pairs I plan to place trades on. I monitor 6 pairs at a time (EU, GU, EJ, AU, AJ, UJ). But that's with only one of my account, one strategy. ...

EURUSD

Hi Marianne, Thanks for your kind words 1-2% is realistic for me. Like I said in my post, it will depend on the person to person. I developed my money management strategy based on years of EA development and back testing experience. So I found ...

EURUSD

Real money, I think maybe only up to around 1-1.2 lots committed at once. If demo matters at all, the max I have done is maybe 7 lots. Like I said, I agree that there are psychological barriers. It's all based on our beliefs though. I have taken ...

EURUSD

You do know that compounding simply means that you keep your risks the same? Certainly there are psychological levels. One might not be ok with seeing -$1000 in draw down even with a $1,000,000 account.. haha If you keep the risk fixed, then the ...

EURUSD

Yup, I try to aim for about 1 - 1.5% gain per day on average I find that with a daily goal, its easier to stay focused and less stressful when that goal feels easy. I could stress myself trying to aim for a higher gain but there is no need. ...

EURUSD

Hi aarontdang, Spend some time understanding the power of compounding. 5% per week is still a huge gain if you can be consistent at getting 5% per week. With 5% per week, you can turn $1000 into $152,000 in just 2 years. And guess how much that ...

EURUSD

The way I see it, the fact remains 95% of Forex traders end up loosing. So that means 95% of the people on this forum are or will be such traders. And then you have the 5% of the traders who will actually be successful long term. And what's the ...

EURUSD

Here is the possible direction of EU based on my analysis today. Slight bullish with an overall bearish outlook. What we most likely have is a continuation triangle that will play out. If it does play out, look for a big drop in EU (80-100+ pips). ...

EURUSD

I took profit from my long. I'm considering shorting again.

EURUSD

Yup, I am the same. Just looking to catch a small bull up to DS1.. then probably will be shorting again

EURUSD

Good long opportunity now. Take it up to 1.3624 and then maybe 1.3646 Can pick up another one if/when it gets down to 1.3580. Green pips!

EURUSD

Looks like EU made a nice triangle. Possible bounce up now from here. The bottom levels from my earlier post were satisfied. Here is my outlook. Looking to take some small longs now.

EURUSD

Hi Kambooj! Really interesting concept here. Drawing circles seems to give a good feel of the market direction. Here is how I drew it. Looks to me like a possible short. It's my first attempt though.. hehe See the small circle, maybe the price will ...

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