Many indicators would suggest a down trend... — but I'm on the sidelines and have no clue what direction it will go. I want to short but it might be getting ready for a retrace. I guess I'll twiddle my thumbs until then.

EURUSD

That will give him time to cool down... — I've never seen a poster like cloggie who felt it extremely important that we needed to know his thoughts minute by minute. Maybe now he will have some time to trade pips.

EURUSD

I suppose I'm looking for a utopia. Oh well. I live in the Pacific Northwest which is one of the most beautiful places on earth so I guess I'll just stick around this part of the country and try to survive with the governmental limitations put upon ...

EURUSD

I have to give up... — my citizenship in order to be on a fair playing field? Sounds unfair. What country is the least hostile to its citizens regarding taxes?

EURUSD

Without shorting, markets of all types would overheat. It was over a year ago that the Euro was at 1.18 and most thought it was going to parity. No one at that time was worried the Euro was going to pieces. The Euro will have some painful time ahead ...

EURUSD

I'm sorry but are you NUTS? Shorting forex is an entirely different concept than shorting stocks. Currency from time immemorial, has fluxuated daily, based on--you name it--wars, famines, discoveries, etc.. Prices on currencies are base on pairs ...

EURUSD

Actually that's a good question. Even though the Frank-Dodd Bill (aka Tweedledee-Tweedledum Act) has restricted the account, I am still able to meet my targets, at least thus far. Daily ~2% Weekly ~10% Monthly ~50% I resent the government, in the ...

EURUSD

You tell me how I'm getting an account with Dukascopy. You need to read the Frank-Dodd Act.

EURUSD

I thought this was common knowledge but apparently it's not. I'm told there are brokers closing down their US operations because of this. Call any broker that does not have offices in the US, they will tell you that you can open an account with ...

EURUSD

Someone may have responded to this already but I didn't see the post. Any US citizen can open a forex account to any broker who does not have offices in the United States, therefore, I can and am going to open a Dukascopy account in January. I can ...

EURUSD

What's your point? I haven't told you to do anything. Any suggestions I give to anybody is in the context of '...this is the approach I would take...' or something equivalent. My suggestions are also targeted to those who ask. Reading your posts, ...

EURUSD

The point is... — in front of your face. The most complicated mathematical analyses is no match for understanding and getting the 'feel' or impulse of the market and where it's going. I am a mathematician and most of the analyses are on ...

EURUSD

Look, the price point goes up and then it goes down. All the analyses in the world will not change that. Use a few indicators that works for you and then position accordingly. If you understand the patterns to a predictable degree, you should ...

EURUSD

Why don't you guys.... — just open your account on Trade Explorer and be done with it. Then we wouldn't have to listen to what you are SAYING but what you are DOING. Cloggie and Turveyd and others of you, I would make a challenge: open your ...

EURUSD

Tom, I'm not sure if I would go to that extreme. You do, on occasion, have some valid things to say however, I do agree with your premise in that you have to work within your own trading plan and you own knowledge and experience. That can only be ...

EURUSD

A funny week... — I finished the week with my 10%. Now I can sit back and relax and have up and down time with my grand-kids instead of charts.

EURUSD

Yellow, Welcome! If you have 6 months experience, it would be odd if you have developed a successful strategy in that amount of time. Also if you are using a demo account, it is not realistic to take it seriously no matter how hard you try. I would ...

EURUSD

I seem never to do well... — ...with this free money by way of drops. I positioned at 1.3456--not bad. But I got out after 10-12 pips because I thought it would turn up because of the summit. Didn't lose but left a ton on the table. One of ...

EURUSD

That is similar to the strategy I use. My win rate is very high and very consistent. For those struggling, try to apprehend what Yuchen suggested. It certainly works for me.

EURUSD

You and I have a lot in common. I pretty much let the market dictate to me when to go in and how much profit I am allowed for any particular trade. It is not possible to outsmart or outlast the market. I hope people learn from their mistakes as you ...

EURUSD