EURGBP Buy 0.90580 GBPUSD Sell 1.33711 Brexit pessimism. So if Barnier is giving in to the UK's demands, France threatens to be off the table. And if Barnier persists on the EU demands (especially France's fishery demands), the UK is off the table. ...

Real Trading

The theory, pros and cons of the VWAP indicator are nicely explained here: url

Intraday VWAP

Be careful buying AUDUSD now. Bush fires weigh heavily on Australian economy This increases the chance of a 25bp interest rate cut decision by the RBA in Feb Tomorrow NFP, which will weigh heavily on the USD. If NFP numbers are good, AUDUSD will ...

Alien's Extraterrestrial Visual Systems

The problem is that retail traders, especially Forex traders, don't care about economic and geopolitical fundamentals. All they do is draw fancy lines and put indicators on charts and think this will tell them where the price is heading in the next ...

Is it easier to become a Nobel winner than a successful trader

The million dollar question. But since it is Friday and after such a big move, we will probably see a lot of profit-taking. A substantial pullback wouldn't be unusual, probably to the 1.337 - 1.333 area. I checked other brokers. There are quite a ...

Real Trading

Nice call. What Broker are you with? Mine had a huge down spike across alot of pairs. E/U: image U/J: image

Real Trading

I'm not post, but if you don't mind me giving my 2 cents: I think anything else than a Conservative majority will most likely negatively impact GBP. A Con majority victory is what the market has priced.

Real Trading

That isn't too far fetched, tbh.

Real Trading

The move actually happened over the course of ~1+ hour due to Fed Powell's dovish comments on the FOMC Fed Press Conference after the Interest rate decission.

Real Trading

US/China conflict has more impact on antipodes (AUD, NZD) and safe-havens (CHF, JPY), aswell as US$/CNH. So you wouldn't primarily look at EU if there are news regarding US/China. Stronger US$ vs fundamentally weak €. Thats why EU drops. Why should ...

Real Trading

I don't want to call anyone dishonest here. I apologize if that came out wrong. Thats why I put "dishonest" in quotes. It feels difficult to explain what I mean. If you trade into the news, the result of your trade - win or loss - has nothing to do ...

Alien's Extraterrestrial Visual Systems

Trading news isn't the problem. "Confirmation bias" is. I find it a bit weird (or "dishonest" so to say) to use any form of TA as explanation that a trade succeeded, when in fact only the news was the cause for the success. Not because "line X ...

Alien's Extraterrestrial Visual Systems

No, of course not. But in the end it is the same: You speculated that the news worked in your favor. And that's my only complain: That you don't mention the upcoming news. That's great, seriously. But if your posts aim at newcomers, you should ...

Alien's Extraterrestrial Visual Systems

The point is that you act again like you took the entry because of a specific ruleset involving PA and TA, while in fact you was just speculating in news outcome. As said before: Nothing wrong with that. But then please be truthful and say "I'm ...

Alien's Extraterrestrial Visual Systems

Again, it went down because of good CAD news. Not because of some lines crossing. If CAD news were bad, it would have went up.

Alien's Extraterrestrial Visual Systems

The problem with such volatile moves is slippage if you are on the wrong side. It can turn your 25 pips S/L into a 50 pips S/L or worse, blurring your R:R. Nothing wrong with it though, but one should be aware of the additional risk if you trade a ...

Alien's Extraterrestrial Visual Systems

I would argue it has less to do with technicals, but rather your speculation on the RBNZ to hold rates, instead of a cut. If they had cut it to 0,75% as expected, the "train" would have gone 80-90 pips in the opposite direction and your TA ...

Alien's Extraterrestrial Visual Systems

All Indicators work. If they don't, you are doing something wrong.

Indicators package give-away