Without making a new high.

EURUSD

There is way more downside potential. The only question is... it goes down stright away or there is one last push up.

EURUSD

TBH this feels like a stop run only. GBPUSD could easily go down and USDJPY up.

EURUSD

Now is the best buying opportunity in last 7 hours. However.. if it breaks lower....

EURUSD

4,5 hours ago was a good sell opportunity, but since then.... nothing has happened so upside BOwould make sense. But OTOH GBPUSD is overbought and can go down... and EUR might follow.

EURUSD

This is not true. Take a look at Kelly criterion. I want to add myth that drives me nuts whenever I see someone say that: Conspiracy theories about smart money, banks etc. manipulating prices to attack specifically retail trader positions. Buy low, ...

Popular Trading Tips: Truths or Myths

It doesn't. There are other more important things that decide if this will work or not.

Up and under price pattern

..is when for some given SL and TP you have positive expectancy. You have already paid spread+commission so a good (or perfect) exit is where none of possible R:R trades opened at that price have positive expectancy. .. more humble approach: a good ...

What is a good entry?

Buy low, sell high. Seriously.

Help! What is the actual holy grail in forex? I'm tired of losing

Thank you!

How to check for already opened position

Ok, I will give a quick insight about my thoughts about your 1st picutre. (It would take too much time if I write a comment for every chart you have presented) image What I don't like about that particualar trade is that it is "kinda old, not good ...

Up and under price pattern

99;717 means that Ask is 99.00 and it was 717 ms since last tick. (And not that Ask is 99.717 as is assumed in your calculations)

USDJPY spread during NFP news release last Friday 06/09/13

Interesting, I have named something similar as "change of trend concept". Good thing about this pattern is that it makes sense (it is logical as price shows signs of sentiment change) and gives you great R:R if you are right. Still.. there is a room ...

Up and under price pattern

See attachment for tick data.

USDJPY spread during NFP news release last Friday 06/09/13

Mine broker: Time, Bid, Ask, ms since last tick, +/- pips I couldn't find anything above 4 pips. High = 99.893 Low = 98.801 12:29:50;99.72;99.759;250;-0.019 12:29:50;99.732;99.765;249;0.012 12:29:50;99.736;99.775;297;0.004 ...

USDJPY spread during NFP news release last Friday 06/09/13

So true. People who are being "negative" are those who have been there, done that. It is good that someone slaps you in the face when you start to dream with open eyes... ... but... noone has evered learned anything from other people mistakes.

Simple EMA mechanical system!

Get rid of that 15 min chart when you are looking for entry (stops) for news trades. News make price move fast and on this chart you basically see nothing. Here is a 1 min chart. You had a very nice entry. image That breakout to the downside was ...

How to improve news trading strategy

Record news with video capture from screen so that you can replay that fast movement later. Save tick data for review. Consider making EA to improve timing. I don't trade news, but I have mentioned common theme: news have potention to turn market ...

How to improve news trading strategy