USDCAD — Is anyone still watching this. Now at 1.25 looks even better short prospect now.

No Brainer Trades

Thanks for the moral support Pipeye.

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That says it all really doesn't it. If you really don't understand one of the basic fundamentals of what moves the market I'm afraid I'm going to find it very difficult to take you seriously. I guess you think its your testosterone that moves the ...

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You're absolutely right. Why would I want to argue with someone who doesn't even understand how supply and demand works.

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Hey Bonehead, You're missing the point. The herd includes everyone - CB's, market makers - everyone. No its not difficult to understand and maybe even you'll get it some day.

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Hey, If 95% of the herd are selling then guess what, that instrument will go south - fact. Look at my post from Sunday - The reason NZDCHF dropped 350pips was because the 'herd' kept selling. THE TRICK IS CALLING THE TOP OR BOTTOM, WHICH IS SLIGHTLY ...

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Enjoying it is good - but you won't be a trader till its boring lol!!!! Good luck anyway

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A good example is the chart I posted on Sunday of the NZDCHF. It was then at about 6550 - its now 62. Thats 350 pips in 2 days. And you could have added another 100 by adding to the pb's.

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Have you never heard the old adage the trend is your friend. Yes, I agree you can make money fading the trend but the big money is with the trend

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IMHO thats a recipe for disaster and a blown account.

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NZDCHF — This one is still running now at 62 - lol. image

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Shermentor, Why are you even thinking about longs. There is only one way this is going and thats south - Just go short and keep adding to any pullback. Only my opinion and I'm probly wrong tho.

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12.45 GMT Thursday url

EURUSD

It might be but I don't look for buckets or flags or pennants or any other stuff - lol. All I see is clear levels of S/R and double tops. On the chart there was very clear resistance around 66/67 and it was also a double top. The RR on this was ...

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Hey Birdt - I just re-read some of Takisd earlier posts. Doh You're right he trades breakouts - something I have never been comfortable with.

How people should really trade!

Hi again, Not sure I understand. I marked up 3 areas where I think it would be worth taking some off the table. As it turns out this trade panned out perfectly lol. Currently at 6439 - T2.

How people should really trade!

NZDCHF was a no brainer lol Update.... image

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Oh I'll trade anything if I think it'll move - lol.

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+80

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Did anyone take this - now +50

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