Thanks for the clarification. Nothing is as black and white as I stated and I know that. About the only difference it makes in my trading is the cautionary level. If my crossover indicates up than I'm cautious with my trading going down and visa ...

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I got my little short in.

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I find you long term traders gutsy...

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Again, zooming charts in and out have nothing to do with a current trend. It may help if you if your trading is based on yearly patterns. Most of my trades are in and out within a 24hr period so zooming charts in and out does nothing for my trading.

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Zooming things in and out have little to do with an up or down trend. In fact it has nothing to do with trending. You are looking at things that already trended. The only trend that concerns me is the on we are in right now--not long term and not ...

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Now I'm hungry...

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You could very well be right. I've seen a uptrend breakout just to waffle again. I am going out on limb stating we are officially in an uptrend. What I call waffling is consolidation. My trading doesn't vary a whole lot regardless. The daily chart ...

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The indicators on my daily charts show that we are in an uptrend. Does that help me? Yes, a little. My bravery is strengthened when I go with the uptrend and I'm more timid in my counter trades where I'll put a zero stop a lot sooner than with ...

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I can say with some certainty that we are starting to come out of the waffle state into an uptrend. Have no clue how long it will last but I will know when it starts to waffle and go the other way.

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I agree with you but there are some things I do know and that is it's the central banks that move the currency market. We retailers just go for the ride. To say the forces are large would be an understatement. And though my perspective is as a ...

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I admit, I'll use a trend line or two on occasion but some of these charts I see are like a spider web. Too much work. I have a few indicators that suggests turnarounds and the Bollinger Bands and I can pretty much close in the green. One thing you ...

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Over the years, this is my spin: The central banks pretty much are in control of the direction of their currency. If they need to dump or buy, they might use stories as a guise for going up or down. The reason they control it is they want their ...

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I should have mention trend traders. Yea, always striving but as long as I stay with my plan, I do experience success rather consistently. Rarely a whale but usually a bunch of minnows.

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I admire you long termers. I really do but since I reach my percentage goals short term, at least lately, I could never go long term. Maybe it's because my account is so small but I do admire hearing you guys plan out long term projections. Right ...

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Since I got my longs in, I would prefer it to go up but it might try to hit the fib bottom. Have to wait it out.

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Still time to get on board...

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I'm with KillerWhale on this one. If any follow Boardwalk Empire, a character Arnold Rothstein gave an insightful comment. "I've made my living, Mr. Thompson, in large part as a gambler. Some days I make twenty bets, some days I make none. There are ...

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It depends if you can ride it out. If you are over positioned, the forces of the market will make that decision for you. If you did not anticipate this jump, well perhaps you should go to demo account for a while yet I never learned from past ...

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I'm positioned long with a SL in the green so whatever happens...

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Sometimes, I think the central banks use the weekly numbers as an excuse to dump. When's the last time there was such a reaction over US numbers? Just bought in hopefully for a few pips.

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