Your brain has wandered off topic again. You said:"If you constantly use outside sourced data then you are at the whims of outside your control. If you haven't yet learned to be self sufficient within your trading then you better start." Then you ...

The brutal truth of day trading

I pulled a standalone quote and re-posted it here, to give context to your most recent comment. Context is something that is fixed, not variable, as you tend to do. You are nothing more than a liar, and your ever changing context underscores this ...

The brutal truth of day trading

No, that is not what you said. You said this: "If you constantly use outside sourced data then you are at the whims of outside your control. If you haven't yet learned to be self sufficient within your trading then you better start." Count me among ...

The brutal truth of day trading

LOL...my charts on the G$ and E$ still have fibo's on them, which I know will enrage a few folks here. But the results on both pairs has been outstanding. Hope you got your share, too. I'm hanging in on two trades in the G$ but have exited my E$ ...

The brutal truth of day trading

An article that mentions how Central Banks use an algo to move prices at its whim, How Central Banks Impact the Forex Market (dailyfx.com)

Flying Dutchman

Did anyone hear Christine Lagarde's comment during her ECB press conference, about the forex algo?

Flying Dutchman

Update: I am taking 150 pips on this trade. I have no idea where it may be heading, but 150 is okay for today. Check back on the $CAD later.

(binned per thread starter’s request) GEfx Trading Journal

No position building trades today. Only good entry I could find was on the $CAD. Here is my trade, with is still open:

(binned per thread starter’s request) GEfx Trading Journal

LOL...well said. BTW, hope you guys in Australia are doing well. We get news reports that make it seem like you have your challenges. Take care!

Flying Dutchman

The controls within the Forex market, such as they are, are imposed by Central Banks and their buddies at the Tier 1 banks. This is well know and well documented. As for a rouge operator or operators, I think you need to think through that idea a ...

Flying Dutchman

Therefore, the obvious conclusion screams "master algo"? But to be fair, I do not trade using MT4 charts that are "manipulated" by a malevolent broker. And it's been my experience that the data being presented on my very expensive charts is exactly ...

Flying Dutchman

I have been a student of fundamental analysis for many years, and part of my work and analysis has included listening to, and studying, the words of central bankers from all over the world. I've either read or listened to hundreds of Q&A sessions, ...

Flying Dutchman

Thanks for your comment and for sharing your thoughts. That approach obviously has merit. It is something that I have to look into. Good trading and best wishes!

The brutal truth of day trading

I am taking 41 pips on the GA and calling it a night. I looked at the A$ and it's run out of gas sitting at a ST low, and I think the G$ has gone sideways. So, against my better judgement, I'll take what I can get and see how things develop in the ...

(binned per thread starter’s request) GEfx Trading Journal

Giving the Ga another try. Been in it for an hour with entry at the least risky spot I could find, and stop is now at B/E. Limit is around the -.786 fib extension.

(binned per thread starter’s request) GEfx Trading Journal

Excellent explanation, and thanks for your thoughts. We trade the same markets, just from different worlds! I appreciate your comments and perspective on this market. Trade well, RickM!

The brutal truth of day trading

I agree that spread is irrelevant in a trade decision. But, please elaborate on the qualifier "better" regarding M1 vs 1H set ups.

The brutal truth of day trading

Trying one more time: Edit: out at B/E. Still watching

(binned per thread starter’s request) GEfx Trading Journal

Summary of trading today: GA tried and failed to move north, so no position was developed there. I took a total of -39 pips on this pair, but in all honesty, was up 30 on the first trade, and over 50 on the second trade, as I tried to get something ...

(binned per thread starter’s request) GEfx Trading Journal

I have been posting this morning, trying to get a position in on the GA, while also trading the GY. The GA has mis-fired once (took a -30 pip hit) and is in the process of mis-firing again (I'm up but it's crashing again). But the GY was productive ...

The brutal truth of day trading