Trading is hard not because it is impossible to achieve good results, but because it requires a lot of knowledge, experience, patience, and of course time and energy to learn. Investing yourself into something so much is hard for a lot of people.

Is trading really that hard?

EUR/USD is likely headed for the previous high at 1.1213 to try and test the resistance there.

EURUSD

Not only did EUR/USD bounce off the resistance at 1.1090 but it also formed a great shooting star candlestick on the 4-hour filter chart right under the resistance, so I think we can expect another move to the downside.

EURUSD

The EUR/USD range continues for now. The pair broke above the resistance at 1.0970 and will probably reach 1.1080 next.

EURUSD

GBP/USD finally broke below the support at 1.5500 and will probably continue falling towards the next level of support which is around 1.5370.

Cable Update (GBPUSD)

Unfortunately not even the US Non-farm payrolls could end the EUR/USD consolidation. There was a lot of volatility but ultimately range continues. Right now the pair is testing the resistance at 1.0970, but today is Friday, so even if it breaks ...

EURUSD

I mostly trade GBP/USD, EUR/USD, USD/JPY and NZD/USD. I am not fond of trading many pairs at the same time because I tend to lose track of what I'm doing.

How Many Pairs Do You Trade?

EUR/USD formed a doji candlestick right under the resistance at 1.1000 visible on the weekly filter chart and moved to the downside again. The pair will likely test the support at 1.0790 again soon.

EURUSD

Today was a painfully slow day and there's little reason to believe anything will change before the US NFP on Friday.

EURUSD

I am watching the charts all the time but how often I trade really depends on the market. Sometimes 1-2 times a week, sometimes over a dozen times.

How often do u trade?

The fundamentals today caused a lot of volatility on the EUR/USD charts but ultimately the pair failed to break above the resistance at 1.1100 and returned to its previous levels. We'll probably have to wait for next week's US Non-farm Payrolls for ...

EURUSD

EUR/USD finally broke below the support at 1.0980 visible on the daily filter chart. The pair will likely continue descending towards the previous low at 1.0800.

EURUSD

EUR/USD bounced off the resistance at 1.1100 that coincides with the (89)MA on the daily filter chart and is descending towards the support at 1.0980. That said, the FOMC rate decision later today will probably provoke quite a bit of volatility on ...

EURUSD

EUR/USD finally broke above the resistance at 1.1000 and then the one at 1.1080 that coincides with the (89)MA on the daily filter chart. The pair is probably headed towards target 1.1170.

EURUSD

Today was another relatively slow day for EUR/USD and the pair once again failed to break above 1.1000. It looks like we'll have to wait until next week for that to happen.

EURUSD

EUR/USD is testing the resistance at 1.1000 again. Should it manage to break above that level it will probably continue towards the resistance at 1.1070, which coincides with the (89)MA on the daily filter chart.

EURUSD

EUR/USD might have bounced off 1.0970 but it looks like it will attempt to break above the resistance again.

EURUSD

EUR/USD returned to the resistance at 1.0970, the question is whether it will be able to break above it so it can continue moving to the upside or should we expect it to test the support at 1.0820 again.

EURUSD

It looks like EUR/USD will bounce off the support at 1.0820 for now and head for the resistance at 1.0880 before it makes another attempt to break below the support. Either way, I think that the pair will continue dropping.

EURUSD

EUR/USD is headed for 1.0550 - 1.0500. Should it manage to break below that level we might even see it attempt to reach parity again.

EURUSD