Then why are you here?

EURUSD

So what are you saying? You're telling people to get ready to take a buy trade imminently unless I'm mistaken? To what level and when?

EURUSD

I've always meant to ask this, but all you ' invisibles ' skulking down there at the bottom, why exactly do you hide other than because you actually can?

EURUSD

What do you think?

EURUSD

No, it doesn't work like that. Just because someone is winning it doesn't automatically imply that you are losing. Banks are winning and losing huge amounts all the time, they can afford to when the retail trader cannot. Traders who work for banks ...

Don't daytrade the London/NY session?

Apologies if I sounded a bit sharp, it's nothing personal. As traders we need volatility, it's when the market moves and most pips are gained. I'm not taking about news announcements which I generally stay clear of, but about those hours, ...

Don't daytrade the London/NY session?

Another big player conspiracy theorist. If you think that the big boys are really out to take your money then you might as well pack up your charts and walk away from trading forever. The London session, as far as I'm concerned, the THE time to ...

Don't daytrade the London/NY session?

there you are you see, and overthunking is especially bad for your trading. Better luck next time

Why thinking is bad for your trading

Thought I'd quickly add to this thread as I have a great counter trend set up which I traded yesterday on gbp/jpy. The trend is strongly up in this pair, which meant that I was waiting for the price to drop down towards the next major moving average ...

The counter Trend Line - trade these every chance you get!

I think focusing or rather trading one pair as opposed to two or more is smart. On any single pair there are ample opportunities on most days to capture more pips than most people make in a week, so it definitely makes a lot of sense to focus on one ...

What pair(s) do you trade and why?

I'm a very positive person, but I do find that an hour's yoga early in the morning before I start work sets me up for the day, and I do this every morning except weekends. It is very rare that I find myself in the wrong frame of mind for trading. I ...

What's the most important activity in your trading business?

I'm not expecting fireworks either way now, so for me the day is pretty much done. Thin chance of new highs, and below 13,481 also unlikely, or rather, not enough on my charts to entice me away from an early weekend. So I bid you all farewell and ...

EURUSD

Difficult to know why so many people are short eu, or thinking of shorting. here is my H4 chart thinned down a little bit for ease of viewing. You can see the reaction off the 100TS ma supported by the all important 61.8% fib, and previously the ...

EURUSD

A brilliant song by Poets of the Fall which for me captures the allure and seduction of trading, and apologies to those who find this post a bit random - I do sometimes post useful stuff, so don't put me on your ignore list too quickly. ...

EURUSD

Stop thinking so much, just look at your charts and do what they tell you to do, and don't be afraid of the Yen pairs, spikes happen on news as with any other pair.

EURUSD

You're looking at the wrong pair - have a look at Geppy if you want a trending pair.

EURUSD

13,539 should hold it - we'll see......

EURUSD

Making sure that I'm at my desk at the required time and in the right frame of mind to capitalize fully on the opportunities as they arise. The rest takes care of itself. By pain, I presume you mean the emotional torment associated with loss. This ...

What's the most important activity in your trading business?