You're missing my point. When I say "news follows the markets," I'm referring to the media hand picking what information they want to focus on. Look on your charts from December 2009 to June 2010. During this time eu/usd was trending down. What was ...

EURUSD

I think it has more to do with where the focus is. SM knows how to manipulate the media. Media tries to explain everything so if markets are moving down for example, media will try to explain why markets are moving down. Anything bullish that may be ...

EURUSD

Ha ha, good one.

EURUSD

Yeah, when Goldman builds up a decent euro short position you will gradually start to see the focus shift from the shit stains on the underpants of the US to the shit stains on the underpants of Europe. Shits already hit the fan in Europe same as it ...

EURUSD

Hey man, you might want to check out Oanda. I live in the US and have an account with them. You can create sub accounts under your main account and take offsetting positions in the two different accounts. It's really easy to move money around the ...

EURUSD

Don't try to pick tops. Open up your charts and zoom out. Notice how you see a line starting from the bottom left of your screen and ending in the top right? This means you should go long. Use a stop and trade with the trend. If things reverse you ...

EURUSD

They trying to get people short so they can make money off of them.

EURUSD

USD is trash and so is the euro. Focus right now is on USD so people will tend to overreact to anything that suggests dollar weakness and any dollar positive or euro negative news will fly under the radar. This is the same thing that was going on ...

EURUSD

Yeah, I'm sure newer traders who are less familiar with the markets are having a heart attack reading this thread.

EURUSD

Look at the move from June 7 to Aug 6. 1500ish pips over 2 months and not jack shit for a retrace.

EURUSD

Look at the run up that started in June of this year. Came out of nowhere, people keep looking for reasons to go short, price keeps moving up. Didn't matter what fundamentals or techs said, price kept moving up against all rationalization. Looks ...

EURUSD

If SM is trying to get traders into bad positions they sure aren't doing a very good job. It's so easy to make money off this PA it's stupid. Put a blindfold on and hit the buy button whenever the hell you feel like it. If you're really unlucky and ...

EURUSD

Sure is some funky PA for this time or night.

EURUSD

Hindsight is always 20/20. When looking at an enormous set of data and trying to extract a certain outcome from that data, people tend to focus only on what could have resulted in that outcome and ignore conflicting signals. I would always get angry ...

EURUSD

A good online resource is babypips.com. Once you're at the website click on the school tab. Read everything it contains. Whenever you come across anything you're not 100% familiar with, google the terms and read up on them more. They also have a ...

EURUSD

Money management, money management, money management. You can read all the books you want, there is no substitute for screen time and actual experience. Cut your position size way down. I would suggest same position size as account value. For ...

EURUSD

All retail forex brokers operate similar to this. They pool clients trades together and use algorithms to hedge the pool. You should be glad they do this because if they didn't smaller accounts wouldn't be able to trade. There are scenarios where ...

oanda & scalping

Not a bad way to start the week.

EURUSD

I tend to agree with this. SM has a better idea of the sustainability of this move than we do. The fact that we really haven't had any retraces during this up move tells me they aren't expecting it to last. I would expect some retraces during a move ...

EURUSD

This just worries me. Its so damn easy to make money off this pair its stupid. Probably all sorts of idiots leveraging their whole accounts on euro longs and making piss loads, SM not even attempting to take them out.

EURUSD