Ata pretty much nails it. D1: we see a small gap to mean (indicated by the two EMA's you see on my charts, which are an EMA 20 and an EMA 10). On setups like these usualy this gap tends to close. Nontheless not a good trading opportunity in my book, ...

EURUSD only

"go, get some rest bro.. hug your family and friends." and that ends the week with what is most likely the best advise ever given in a trading forum

EURUSD only

Intraday noise caused by Vola spikes that trigger very large orders to close. It's 20 minutes of pure violence in which very few people make shit tons of money and very many people learn about "stay out of this shit" the hard way. Happens once a ...

EURUSD only

Thanks I don't think it's "wisdom". It's more a certain kind of insanity. "Everyone deep in their hearts is waiting for the end of the world to come." ~ Haruki Murakami "Dow will hit 20k and break it" ~ Teek 2011 "Massive Shake on Dow 28k, 30k, ...

EURUSD only

" Is it the amount of touches? Trying to understand." technical reasons as explained by Ata. In addition to this, I think it's a little bit in the "feel for it". It's NFP friday. Means we somehow feel the market will be asleep until NFP and we ...

EURUSD only

Trading out: in very simple words it means they use the high volatility to close positions They "trade out" (close) on Volatility spikes (which are well calculated way ahead) that drive the price into the desired ranges (which are also well ...

EURUSD only

Good morning NFP Friday a friendly hint: the big players (Investment Banks and really large funds) are positioned weeks ahead according to their predictions of the NFP numbers, which are surprisingly precise and accurate. They use the NFP Vola to ...

EURUSD only

On first thought I suggest: trade smaller. If a trade pulls against you and this causes you to kill the trade before the stop, you are trading too big. Make sure having a few losers don't hurt you. Reality is, you will lose more often than you win ...

EURUSD only

That's hard to say. NFP tomorrow will cause some noise, that's for sure. The way I trade longerterm positions is: when I enter the trade I calculated the initial size of the position and where I put my Stop. From there on, I do not touch the Stop ...

EURUSD only

60 pips wont bother me at all, that's about "a tight stop" Cuts a bit into my upside on my Yen trades, but they are all healthy. I wish I could get positioned in the Euro, but it's all so uncertain. I don't have faith in the short move, and before ...

EURUSD only

TUDOR! I wouldn't call a 14 pip move of the USD against the Yen a "bull attack", Same on the CAD. Others don't even move, my UJ short is just fine. Next time you write something like this, which makes me run into the other room to my station, ...

EURUSD only

there goes my wet dream of an inside day lol We might see a bit of a fake breakout. I'd stay careful with Shorts, and at the moment I can't see a long entry either. Means for me on my Daily/Weekly emphasis, I stay out and wait. Stay green ...

EURUSD only

Good morning (NOT intraday here) interesting consolidation phase on the D1. Clear buy signal forming on the W1. We could see an inside day candle today, which would trigger a buy for me. I am very tempted to position myself LONG already, but I want ...

EURUSD only

Thanks Of course I am here, where else could I be? I can not let the world go t*ts full steam ahead without me, could I...

EURUSD only

Easy bro, it will go down, and then up, painting higher highs. Longterm situation looks like this: Buy the Euro, sell the Dollar. Shoot for 1.25 in 2018, even higher... Easy Anyhow, if the world keeps turning like it is, it should look a ...

EURUSD only

hmmm, except maybe fix the "I am quite consistently on the loosing side" problem, I don't have any recommendations

EURUSD only

To go into a little bit more detail on this: A-Book / B-Book. For a broker, a customer is not a customer. There are huge differences and according to the appropriate action taken by the broker to make sure they don't lose against their winning ...

EURUSD only

Yesterdays candle is a "morning star" (or whatever you may call this) and it could be seen as a buy signal. Indeed, my shortterm bias is long, and here is my reason why I don't take a long trade: - range too tight, Risk:Reward not good enough, it is ...

EURUSD only

move your eyes to the left. It did test ("touch") it and respected it. Lines on the charts, be it Retracements, Pivots, or any other Line, are NOT an absolute thing. See them more like an "area of interest" that forms around the lines. Market ...

EURUSD only

Hello, here is my view on the EUR/USD for now. On the Daily/Weekly short entries could form around 1.18200 and 1.18600, somewhere in that area. But I'd be very careful with shorts. As long as the 23.6 weekly support holds, shorts don't get a decent ...

EURUSD only