discussions about the randomness or predictability of the financial markets are mostly useless. it has more to do with one's "belief". believers of the opposing poles may produce their "proofs" but they are usually subjective and can not be ...

Proof That Forex is Random video

now sit back and wait until the dust settles. this is either the beginning or the end of bullish run. i have some faith in decisiveness of current levels.

EURUSD only

so we are there. 1.1730 this is where mid term direction will be decided. from here we are either going to 1.20 or 1.13

EURUSD only

that is just great

Higher Edge within a Single Candlestick

i am not sure why it should "drop" after testing that number but i am looking at 1.17 maybe even higher (possibly 1.1730)

EURUSD only

this is what i call a professional attitude

EURUSD only

anyone expecting a spike soon?

EURUSD only

i see what you are seeing. looking at 1.1700 and it is in the radar. now revisiting 1.1642 and odds it will hold this time is high. probably that is when i will bail out. if you are already in with longs, all i say is you did an excellent decision ...

EURUSD only

that spike was a hope for bull to stand on its feet; now the opportunity seems like gone. i am shorting for 3 days in a row and holding and watching (no scalping)

EURUSD only

as years of my life fly by, i feel more and more like losing faith in human even though my faith in humanity has never shattered. as centuries pass by, we will keep evolving to a better specie and this will happen only thanks to compassion, mutual ...

Trading Made Simple

maybe. i do not know the future.

EURUSD only

all i can say is we are in a downtrend with lower lows and lower highs. i have been building positions around 1.160 since yesterday.

EURUSD only

it is always gambling. either smart gambling or dumb gambling.

Pivot Trading

i do not think any discussions about if forex trading is gambling or not will have a desired outcome. simply because there are too many opposing views about what forex trading is. for me personally, this has to do more with the predictability of the ...

EURUSD only

i do not think anybody knows the percentage of profitable traders in long term but it is definitely extremely thin, so anything below 5% sounds right. profitable trading, mostly has to do with setting up the right mindset. for some, it may take a ...

how long does it takes to become a successful trader?

it may still want to come back to 1.1600 but there must be too much sellers lined up now. unless something catastrophic happens, the roads to south is pretty clean and clear.

EURUSD only

discipline encounters more than 50% of a successful trader. the secret is not in a profitable system, not in ability to see the right setups or some fancy indicators. anyone who has no control over himself is doomed to failure. simple as this.

EURUSD only

we are in bear zone. only selling.

EURUSD only

I do not think anything significant will happen after this hour and consider this a lost battle for bull. Next several weeks we will be in bear zone and selling will be less stressful than buying.

EURUSD

sorry, renko is different

EURUSD only