Just to make it clear, of course make your own judgement and thoughts, nothing is ALWAYS as easy as it looks like. It's true, from 2011 (end of 2010) untill now, the UKOil price has beel almost always higher than the USOil price of a few Usd, ...

Oil... interesting situation right now

same here.. this is becoming quite a nice squeeze! who would have thought it

EURUSD

Seems like dax is trying to make a bottom, we can see what looks like a double bottom (and a "U" shaped bottom, maybe a "Cup and handle" pattern too?).

DAX - Euro Stoxx 50 - FTSE100 - CAC40 trading

The no-sl vs sl trading is a very old and still current debate. Here's my view (10+yrs experience) about it: The no-sl thing is just an illusion, placing a correct stoploss is very difficult, a small sl mean getting stopped frequently and uselessly, ...

Trading without SL: your profound experience

Ok here's my take on your ponts: 1) absolute true, nobody know the future yet. 2) usually true, yet there are times when leverage is going to be your best friend. 3) true. 4) swap direction isn't really meaningful (remember the truth number 1). 5) ...

The simple truth about FX trading

Yes the give up advice was not a good one (i don't know the OP so i can't give him this sort of advices). I already edited the post and deleted that line. But sincerily, when it happen that somebody (not on internet) ask me advices about trading and ...

Honestly frustrated with trading forex

First of all, trading IS gambling. You can manage your risk and perfection your system and make practice, with time and experience you can start to understand how to make money and you can do make money, there is nothing crazy about it. Now, forget ...

Honestly frustrated with trading forex

That's a good post

The Secret Indicator?

@ Jason Rogers I have a request to make to fxcm, perhaps you can just forward it to the relevant people on the company. Here is my request, i would like to have the following charts/pairs available on the mt4: 1) JPYUSD 2) CADUSD It is not important ...

FXCM Discussion

Yes of course, i actually do predict next market sessions feelings and trade them, i just don't share my predictions and trades for various reasons. The idea of this thread is to show the way, and let the readers build up their own understandings, ...

Mass psychology in markets and psychological analysis

Intraday update After the heavy buying of asians, europeans have initially got shy but then bought again, ending the session around the highs of the day. Now it's americans turn, with both asians and europeans on the bullish vagon, americans still ...

Mass psychology in markets and psychological analysis

Moonday, 27 july On friday europeans didn't continue the bearish action of the asians, making a bottom and saying "Up we want to go". Later on the same day, americans was ok with the situation, mainly accumulating orders without letting market move ...

Mass psychology in markets and psychological analysis

Eurusd Friday 24 July 2015 Update from yesterday: Europeans: Yesterday europeans was highly against the bullish momentum, they didn't want to go any more up, saying "no more up please". Americans: Americans got the europeans message, and formed a ...

Mass psychology in markets and psychological analysis