Nice posts chicky. One of the biggest game changers definitly is risk reward. It makes decent strategies/edges perform stunning and holds even bad ones at least over water. Its one of the biggest buffers for errors/shortcomings/bad times in other ...

Lessons Learned Thread

Most of the time you will notice that people swearing by fundamentals are the same that give you the "more than 5% a month is bullshit... SLs below like 100000 pips dont work) stuff. And as it happens those same people if you ask them don't really ...

Price action is dumb, and you're lazy for thinking otherwise

yes and no but really just check it. take your eu entries doesnt matter when. check the corresponding eur + usd pairs and then look at your trade's "choppiness" Is EJ with you? EG, ECHF, EA...? If not Take a look at their USD counterparts. You might ...

EURUSD

yep just check gbpaud, gbpnzd, gbpchf, gbpjpy. latest leg up was just a drag from usd weakness induced by AU.

Cable Update (GBPUSD)

Exactly and what does that tell us? Much better pips to be had in other USD pairs. Everyone trading EU on the latest breakouts should ask him/herself why you trade a cross where both sides are short. Trade one instead where one side is long and one ...

EURUSD

Quite simple. EU is just being dragged along thus whips around. The action was UJ then GU now AU. Open yourself simple e.g. M5 charts with all EUR, JPY, GBP, AUD pairs. Not a single reason to get into EU for the whole day.

EURUSD