waiting for the FOMC decision first. The Price Action is defo showing a downtrend but there could be at least spikes up or even it can go up if they really raise rates, so not worth the risk for now.

USD/JPY Discussion

Didn’t you guys noticed that the selling yesterday started exactly at the same time as the buying today at 7:00 GMT ? The best way to play with uncertainty in the GBP. Thin Asia market and with the proper order flow I would have done the same.

Cable Update (GBPUSD)

taking screenshots is a great idea. Visualising is always a better way to analyze than just a pure excel sheet or the history. I do short videos mostly on news trading as things get crazy so I need to see things and the spreads again.

Do you record your trades?

Well said @MarianneOslo but why would you depend on the RSI so much?

Cable Update (GBPUSD)

It took the whole move from yesterday in like 10 min. time going to new low. How corrective could that be. I was long too but have to wait now all this article 50 triggering. It would defo test the 1.21 and pretty sure the 1.20 too before getting up ...

Cable Update (GBPUSD)

Yes the potential butterfly looks very similar to what I expect. It would go for a test around 117 level and then its going down. I presume the Fomc would bring it there tomorrow.

USD/JPY Discussion

Why do I think it would spike down a little and than jump up like crazy. Anyone agree wit this one?

EURUSD

Actually fxclarity is quite right about the NFP last few months its not like it used to be. Lots of spikes and no real movement. Lets see what happens today.

USD/JPY Discussion

well said Jevan and touchdown the bottom was tested and from this point on I am building my long positions. Just the NFP tomorrow and the Fed bothers me a litte as everyone is expecting major number. But there is the story that never gets old “ buy ...

Cable Update (GBPUSD)

Commodities are falling like a rock all over the place. Its because of the Feds expactations the market is already reacting. Its a damn strong trend starting on the brent right now so I would wait first before I enter long especially at 50.

Oil and Natural Gas

Why does 115 seem such a strong resistance? If it really closes above 115 tomorrow the upside is open again.

USD/JPY Discussion

Its been a hell of a flight on this one looks pretty much like the USDJPY rally a few months back. After such a move always comes a great drop. I think it would test 1.36 at least first.

USD/CAD

Do you know when you learn the greatest lessons in life? When you fall the hardest. It’s the same with the market. If you fell so badly because technical analysis failed you, its where you should have learned that is not always correct, but is one ...

There is no such thing as technical analysis

as leebsurag said most cent accounts are offered by not trusthworthy brokers. A while ago I was searching for a cent broker and couldn’t find any that me personally would invest even 100 Bucks. So be careful while choosing. Cheers

I'm searching for good cent account broker

video

What kind of music you hear while you trade?

At last but not least next to the practice and experience as mlawson71 and Explorateur said I would add is after some time with hard work u get to know the market and you stop giving a f*** what it might do. After I realized that my trading changed ...

What helped you the most to be profitable?

I am with you there maxx7 just don’t give up. I’ve been in this for 2 years now reading and blowing demo accounts and live account too. Its just some recent weeks I started to get the grip of it not blowing my demos anymore

The Paved Road to Success for the Average Joe (or not)

@Kippie it has been explained great from the others just read the previous page. It sounds a bit complicated at first for everyone but don’t worry its easy once you get it. @metta87 I doubt that there are such brokers Cheers

Difference between buy/sell stops & buy/sell limits

Thank you Lamira . regarding the 114.877 level why not the trend is very strong and we are almost there.

USD/JPY Discussion

@AdamSydneyAu well said but which timeframe is the Chart you are posted. Mine weekly doesn’t look like that, and where is the 118 level which was breached a few weeks ago. Here is my weekly, can you shed some light please? image

USD/JPY Discussion