Keep the phone number to your broker by your side and get access to another internet connection as a backup so you aren't flying blind the next time your internet craps out on you.

Trade what you see NOT what you expect

I have a sneaking suspicion that the charts started telling the story to those that can read a chart correctly well in advance of any economic news event. Whatever the big players do shows up on the charts. You just need to know how to decipher it.

Cable Update (GBPUSD)

Christmas came early! — Look at all of those pips, Fish! Just by simply putting the trade on and letting it work, one could've raked in another 150 pips. 300 pips on 1 trade. Now that's how trading should be done. Once again, well done, Fish! ...

steelhead trade journal

That was a fun trade. Great job stepping up to the plate at the right time!

steelhead trade journal

Yes, that would an insane place to short. With that being said, I can only imagine a herd traders will do just that. I will be looking for longs around 1.46-1.45ish if the conditions are appropriate when and if price goes there. In order to short ...

Cable Update (GBPUSD)

I would also favor shorts but not at the current level of 1.4750. I would look for price to hit 1.46-1.45ish. Remember, there is a lot of news this week and NFP is Friday. Be patient and let the market come to you.

Cable Update (GBPUSD)

I would be more interested at shorting around this area. You might be caught buying a top.

Cable Update (GBPUSD)

Or we could role the dice and place a trade now before the close. Any gamblers out there? You could get lucky. lol

EURUSD

Can I get back to you on Sunday? We'll only know when if it happens. With the way the market has been, it is highly probable.

EURUSD

Be careful about shorting the euro just yet. Remember how the euro gapped up on the open last week?

EURUSD

I've used Teamspeak for audio and it works great. PM or IM me if you have any questions about where to go to set it up.

43 straight winning trades

That's great, Lucky! Sometimes the best trade is not to trade. It takes discipline and patience to stand aside and let the market come to you.

Cable Update (GBPUSD)

Try setting a price alert to notify you that price is moving in your direction instead of just a TP.

EURUSD

I couldn't agree more with the post about long term and short term trading. Trading smaller movements is just noise. Noise that is created to get you in on the wrong side of the trade. When you have a market like Forex that trends so well why ...

EURUSD

The move to 1.6 was the bull trap. The tables are turning now. Watch out bears!

EURUSD

It really depends on the buyers.

EURUSD

"On the bias, I stick to what I have said. I have no bias." -Trichet

EURUSD

Yes! Bears, come out come out wherever you are. I want to buy from you.

EURUSD

There is another big move setting up. Wait for it.

EURUSD

Why did you close your long now and take a new short position now? I hate to say it but you most likely just closed out near the low and sold into the hole. I wouldn't let your short position hold very much heat if it starts to head north.

NZDUSD Discussion