I would give caution that the Oanda long/short ratio is mapping longs at this juncture.

EURUSD

Jayjb, Here's one strategy that I use almost daily. I'll give an example: account: 2,000 risk in position: 1% risk in trade going against you: 1% trade: 20 pips divide by 3 which is about 6-7 pips. EU long term trend: down EU short term trend: down ...

EURUSD

Good advice. Minimize the risk and take advantage of the gains.

EURUSD

I'm hoping for it to test September low's around 3150 or so. If it breaks through, we will probably have another series of low's. If not, I hope it goes to the level jayjb is suggesting.

EURUSD

That's a good retracement level to go for. Patience!

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I am in no way at professional status and even hesitated to mention this since my history is going on two months at +50%. Been do this about 3 years and have lost a lot. Learned risk management and caution. I should have said nothing and don't ...

EURUSD

I'm at 73% so far this month and it aint over. My strategy is 2% per day but sometimes I get lucky.

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What do they want us to be this week: Panic or be assured.

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Whatever the gap is, the market open is usually slow. If it goes against me, I'll add another position, if it goes for me I might close it.

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I rarely go long so this has been a great ride so far. If it breaks the 3150 mark, think it will have quite a tumble before it retraces. Counter trending long, to me, is dangerous.

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Really? For what purpose? The mood is in the moment.

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T I like your description of the market. Sometime we can over think and over analyse it. I describe the market as a pulse that as the action increases the pulse is stronger. The better I feel the pulse, the better I am at positioning and even ...

EURUSD

Well, the voices in my head are having a serious debate as to when would be the best time to position a short. Fred says 3270, Wilfred says 3295, and Mabel say 3320. Decisions, decisions. I guess I'll do all three.

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God with a small 'g'? That has a completely different meaning. There are some words that you cannot grammatically take short cuts on. There is always a retrace. What's the big deal? I'll wait for it to go back up to say 3320 so I can short again.

EURUSD

It sounds like you are looking for hope and change. I you fell for that one, you will lose. The market will do what it does. We are given a few indicators along the way to help us to position. Hope will not 'will' the market to go up. Just ask ...

EURUSD

Just keep in mind that the support on the daily chart is in the 1.31's. It seems obvious that it will test this support developed in September.

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We can learn so much from talking heads. They are right on the pulse of the cutting edge unless they are busy stating the obvious and other things.

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Had a nice run down and got my 2%. What a nice Thanksgiving.

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What!!! We have always been taught that we were. Are you saying that we are not the centrality and universality of the known galaxy? I don't know about this. It sounds, well unAmerican. After all, I thought Canada and Mexico were states trying to ...

EURUSD

I have no disagreement with you on that whatsoever. I view 'worst case' as a part of risk management. I would say my win/loss ratio is about 10:1. When I said, "...assume the worst..." I was not referring to trading strategies, I was referring to ...

EURUSD