Dude.. how the hell are you trading? What kind of Money management? Try this. For every 100 dollars you have in your FREE MARGIN, you trade .01 trade to open up. IF you find yourself having caught a trend then and only then add another .01 when the ...

Cable Update (GBPUSD)

Fuck them fundamentals bro. Patter recognition telegraphed this move IMO. I spent years following fundamentals and blowing accounts. So glad I jumped off. Elliot Waves are so relaxing. Good luck

Cable Update (GBPUSD)

DXY approaching the 50 day SMA. image

USD/JPY Discussion

DXy approaching 50 Day SMA. I think that will be our target for the day. The 200 is still out there for the coming weeks. Will close just shy of resistance and resume next week. I think the FOMC minutes are out soon. Should provide some fuel.

Cable Update (GBPUSD)

That is why I consider Fundamentals to be a trap. By the time you decipher the news and join the fray the train has left the station. For those who read charts the dollar has been bullish for a couple of weeks.

Cable Update (GBPUSD)

The Dow doesn't appear convinced by the CPI report. Shot up and turned on it's heels.

Cable Update (GBPUSD)

yes, but I wouldnt trust it. My 4hr chart says we revisit the lows before moving upwards. I could be wrong though, but that large candle engulfed the ones after it. Usually when that happens the entire candle gets a retest.

USD/JPY Discussion

Truth

EURUSD

All aboard? The see sawing looks to be coming to an end. Adding to my longs. Let's get that 5th wave on the daily into place. Onward into Sept?! image

Volman meets Burke or My journey with PA

Yep... it's gonna take a bit, but patience is the key. To me this is good. The longer it stays.. the longer it goes.

Volman meets Burke or My journey with PA

FOMC incoming. Setting my buy trap at 135.55. I think we will see some see saw action before finally continuing north. Will set more buy traps in place after the dust settles.

Volman meets Burke or My journey with PA

Buying the dip in this case is an A B C off of a 15m wave 5. On the bigger time frames we are still bullish, so while on smaller time frames this may look like a sell off. From a higher perspective it is but a dip. So when price dips down in a ...

USD/JPY Discussion

Welcome aboard my friend.

Elliott wave trading

image The trade I am referring to is at the top. This morning I was in profit 10 dollars on that, plus the 40, and could have closed it with a 50 dollar profit even though I was only a few pips in the black.

Cable Update (GBPUSD)

Seriously? You can't honestly think that I don't know the difference between a positive and negative ledger entry lol. Perhaps this explains it better. My buys are set to expire in December. So I gave myself until then to have my contracts be IN the ...

Cable Update (GBPUSD)

Huh? I am referring to buys. I am long USD/JPY to 144

Cable Update (GBPUSD)

The hell we will! I keep my open as long as possible for the positive swap fees. I have a trade that is open right now, and has been open for a week and a half. The profit is currently at $10, but the swap fees are at +40$. Had I closed this same ...

Cable Update (GBPUSD)

Buying the Dip

USD/JPY Discussion

I will take that. thanks.

Cable Update (GBPUSD)