Looks like there's a lot of confusion. The discount rate IS NOT the Federal funds rate. The only really relevant rate to the economy is the Fed fund rate, and this one will not move before long...

EURUSD

With a 50/50 system, no money management would help you. At best you'll end up a loser, killed by the spread... Money management would only help maximize if you have a positive expectancy system, it's not magical

EURUSD

US markets will go nuts, no doubt about it, the end of the week will be rough Be prepared for a good volatility ride...

EURUSD

Fed hikes discount rate by 0,25% to 0,75% ... That's why P.S: Nothing to do with the Fed Fund rate.

EURUSD

Opportunity knocking... — Counter trend opportunity. Low probability trade, but let's see if we can get an oversold bounce, based on the fact that we missed making a new low today (so far, as the day is not over yet ) ... Long 1,3594 Stop ...

EURUSD

Ka-ching ... — KA-CHING, Covered the short at target 1,3624 from 1,3769. A perfect Pump and Dump trade... Running to the bank now.

EURUSD

Let's see if we can take that gold swing high from Feb. 3 around 1125... Crossing or rejection could spark some good moves... Let's see if the GBP news gives some help.

EURUSD

Problem is you want to avoid the risk... You can't win if you can't embrace the risk of losing... Loosen you stops and trade smaller, is what you probably should do, unless your signals are totally wrong. P.S: Only taxes and death are sure things

EURUSD

Opportunity knocking... — Time to let the bears in and play again Short 1,3769 Stop +/- 30 pips Target 1,3624 Time frame: 3-4 trading sessions

EURUSD

Hey, Xaron nice to see you back. So you get margin called... I have to admit that It's not a surprise, the mechanic was in place for that to happen. It's a brutal collision with the reality, and it's really no fun to live. All traders know how hard ...

$5k to infinite

My view is that the trading meat is still in the 61.8%-38.2% of the 2008 range. I like the idea of using this zone with the weekly chart. Time will tell...

EURUSD

Greedy you

EURUSD

Hello people. EURUSD made a nice measured move from end of November / early December. Sitting now around the old 2004 high at around 1.3666. The bulk of the selling could be behind us... Be extra careful today, it could be a rough ride in the next ...

EURUSD

Hey Xaron How is the account doing ? We're still waiting for the update...

$5k to infinite

That's a great lesson for you and for others, hope they will use that free experience. Don't put pressure on yourself for no good reasons (ego), mental capital is of paramount importance for trading, don't waste it. I really want to congratulate ...

$5k to infinite

Hey Xaron, how are you doing ? ... hope you didn't get hurt too badly by the latest dollar move. No more updates from your AUD account ? Why did you take your myfxbook link from your signature ?

$5k to infinite

Hey Gator, We finally touched the daily 200sma today at 1.4289, let's see if we get some reaction from here Either way we should get some movements for the next days. Watching today's close in relation to 1.4289. Cya later...

EURUSD

Happy new year everyone !!! Wish you happiness, good health and to collect gazillions of pips

EURUSD

Nice !!!! I'm really happy to see that almost everybody and his dog got a crystal ball for Christmas... I'm really jealous because there wasn't one for me under the tree this year, and I'll have to try to guess the future and take calculated risks. ...

EURUSD

Opportunity knocking... Time to go long for the last 2009 swing trade. Long EURUSD 1.4346 Stop Below 1.4315 Target1 1.4538 Target2 1.4724 Target3 1.4836 Trade duration: 2 to 10 trading days Trade rationale: EURUSD showing signs of stabilization, ...

EURUSD