Today's candle is 1.7 pips lower than yesterday's. I don't think they have to be exactly the same.

AUD - next in line for a kick in the groin

Yes, it is TradeStation.

AUD - next in line for a kick in the groin

I don't personally use candles in my trading but I know 'em when I see 'em and this is a rather ominous looking candle. Not only is is a Tweezer Top but it is also Bearish Engulfing. I think a proper candle trader would wait for the low of the big ...

AUD - next in line for a kick in the groin

If you're not controversial you're not trying. Welcome.

Letting profits run

I'm in the trade until it's dead category. I don't believe that it is our job to guess when a trend will be over. This is exactly why I detest profit targets in most cases. When evaluating a position I look at stop loss location and risk before ...

Letting profits run

The GBPJPY is actually about the same as it was back on October 7th when you made the first post in this thread. The SPX is actually lower. How that supports your lame-ass expansion theory is beyond me. If your argument is that the economy has ...

Trading The "Normal State"

He who pick bottom get stinky finger.

the dominant principle

That explains the big spike down.

Can I expect EUR/GBP to go back down?

Nice analysis. Meanwhile he can keep all of his captial tied up in a losing trade and miss additional opportunity elsewhere.

Can I expect EUR/GBP to go back down?

I heard that it is going to stay around .7000 in an effort to teach people to use stop losses.

Can I expect EUR/GBP to go back down?

It sounds to me like you already have the definition. "Risk Aversion" is a term reporters and news traders use when the market does something that they could not otherwise explain. You should treat risk with respect but you are correct; the best way ...

Risk aversion

You need to come to Florida or get indoor plumbing. Your list was excellent and hilarious. I keep this picture on my desk because it reminds me that life goes on after stoplosses:

the dominant principle

I don't remember who said this but it's an appropriate quote: Trade like a mercenary guerrilla. We must be willing to change sides readily when one side has gained the upper hand.

the dominant principle

What were you trusting it to do for you?

EUR/GBP Trading Room

TradeStation

I see oil reaching 100 USD?!

You are correct. I was simply trying to make the distinction (perhaps poorly) that there are different types of leverage and one is not dependent upon the other.

Soultrader's Clinic :)

There are so many terms for leverage that it's hard for us all to get on the same page. First, your broker offers you an amount of leverage. I have 2 accounts. One is 50:1 and one is 100:1. Using the 100:1 as an example and assuming a $100,000 ...

Soultrader's Clinic :)

I hope you don't mind me jumping in. Mine usually comes out to around 5:1. That is account balance vs. margin at 100:1 leverage.

Soultrader's Clinic :)

This is a screenshot from TradeStation. CoefficientR and Correlation are funtions contained in their EasyLanguage library. Correlation comes as a standard indicator. A lot more information about this can be found on their forum but unfortunately, ...

Dollar Weighted Correlation Indicator - Wanted

Since I posted this on October 6th the trend has done nothing but continue. While many have fought it every step of the way others mindlessly collected pips by showing respect, but not fear, for the inevitable end of the trend. I specifically ...

The trend is your friend