What exactly is a 'difficult market'? I agree it is a different market from all the others, but I have not found it to be more difficult than S&P500 futures or live hogs or corn or anything else. The difference in currencies is that, they alone, ...

95% Lose in FX is a Myth: % Profitability in the US last year

Yeah I used to trade futures, but you need a lot more money to do that than FX. My biggest overall problem in my trading career has always been that I didn't have enough money. The most money I ever had in a futures account was $10k. Most of the ...

95% Lose in FX is a Myth: % Profitability in the US last year

The people here who keep telling us that we are destined to lose seem very suspicious to me. I cannot think of any valid motive for them telling us these things. They can't be working for the brokers or banks. They want us to trade. They can't be ...

95% Lose in FX is a Myth: % Profitability in the US last year

I disagree, a bit. Sure, they make money off losers. But you are forgetting the spread, which is their main income. I believe that the #1 'desire' of all brokers is simply to fill as many trades as possible. They don't concentrate on holding ...

95% Lose in FX is a Myth: % Profitability in the US last year

image The main concern I see is the upcoming ascending Red Channel. Hopefully that fizzles, and then maybe things can start back down. But the dominant gravity level (Blue) has pulled the price back down a bit from its overbought level, and there ...

USD/CHF

Yes I am still short. I was disappointed to not get a continuation from last Thursday so I have moved PT to 8910 and the current situation is not the best. There are some concerns, plenty of continuing bullish activity that could get worse. But ...

USD/CHF

Still short, riding out retracement. I read the recent upmove as unlikely to continue. I disbelieve the optimism of the recent reports. Moved PT to .8910 in case that solid level doesn't get broken. image image

USD/CHF

I haven't won yet. You won't win ever. I try. You cry.

Real Reasons why Retail Traders lose money

Appreciate the reply. Yeah it seems to me we need a baseline. In astro texts, there are clear descriptions of the meanings of EVERYTHING. There needs to be those kind of definitions for astrobux issues or all you have is a mess.

Planetary Cycles Trading (EUR/USD)

M15 Prices continue showing support on the last few green lines above the 38.2% FibRet point, but the descending Red Channel should resume the decline when it hits. image H1 Note how there are no support lines anywhere between the 38.2% FibRet ...

USD/CHF

Hey guys I am curious if there is some kind of list or reference which correlates aspects/transits with their theoretical market effects. I know astro but have not used it for market prediction so you can speak astro to me. I know my quincunx from ...

Planetary Cycles Trading (EUR/USD)

What is obvious to me is that average people suck at everything. Solution? Don't be average. I completely agree that most people lose. They lose because they believe what they hear without testing it for themselves. Those are the people who deserve ...

Real Reasons why Retail Traders lose money

Why are you lying? I asked you before to give us your source for this data. You say it is 'official'. OK, WHERE IS IT? Link please. That would prove your point in 1 second. But you don't do this. You don't give sources. You aren't having a ...

Real Reasons why Retail Traders lose money

Hello Pros, Thanks for this discussion. My background is mostly in agro futures but I have switched to FX recently. I would like to know some things about the players within these markets. In futures, you can see a lot of information in the ...

Is anyone here an institutional trader?

I agree that the Dollar's status as reserve currency is weakening, and the logical next choice must be the Euro. This will become more true as world petroleum production slows. Also, US M1 has doubled just since 2008. That can't ever be a good thing ...

EURUSD

Price has now fallen to the .382 Fib Ret level and is holding in this area. Following the fall, price is now retracing in time instead of price, though I would not be concerned about some price retracement too. I am expecting a further decline to ...

USD/CHF

Too bad that some people just like to argue for the hell of it.

Real Reasons why Retail Traders lose money

Extended PT to .8880 Higher wave high from spike caused the Fib retracement levels to change, and .8880 is a conservative exit for a 50% retracement. Old level is in the midst of "No Man's Land", well between the 38.2% and 50% levels. The pair is ...

USD/CHF

Recent high volatility as expected. Prices rose higher than expected, but stayed within containable bounds. Confidence in remaining short was confirmed when I saw the price bounce off the strongest-felt gravity source on the daily chart (Blue) ...

USD/CHF