well, 1.47 will also come..retracement happens every time. It has fallen 550 pips in last 7 days, it is not going to fall another 550 pips next week. Look at the historical prices.Retracement will happen and longs can exit at break even.

EURUSD

There was a correlation if dow rises, it is bearish for US $. Looks like correlation is broken this week. Brutal markets always ready to wipe out traders account.

EURUSD

Euro recovery will take time. FED is not going to increase interest rate any time soon and once that news sink in, US $ will be in bearish mode.

EURUSD

UOM consumer sentiment index posted strong numnbers..US is gaining strength from data to data.

EURUSD

Oanda

Hello Friends - Any Paypal deposit broker?

Can i add AO alert to FXCM charts or oanda charts?

AO Alert

I was not able to put AO alert in meta charts...it says compiling AO and then nothing happens for 15-20 mins. Can someone help to put AO alert on meta charts?

Alert for Awesome oscillator color change?

May be the correlation is getting weaker. If interest rate rises, then that means US economy is on solid recovery along with consumer spending increases. So stocks are rising because of stronger US recovery, companies will post more sales and ...

EURUSD

Long at 1.48...first target is 50 pips profit. I want to exit the trade before ben speaks.

EURUSD

It is gathering some steam and bears are clearing out. I am waiting to take a long position but will wait for one more 1 h candle.

EURUSD

MAs are the only thing which has earned me pips. I dont wait for MAs crossover, i see when MAs start to change the direction and then take a trade. If you wait for MAs crossover, you loose pips and sometimes after MAs crossover, MAs again start to ...

Is this too simple ?

I started live trading 2 months back and use a simple MAs and 1 hour candlestick to determine the intra day trend. 2 times i had increased my account by over 20% but lost all the gains. First time due to overleverage and trade went against me and ...

What was your biggest Forex mistake ?

Great Post Chicky. I remember last month when you had a drawdown of 55%, you kept your cool and ended up having a profit of 4%. This type of volatile earnings adds lot of stress and one can not even enjoy the earnings because of uncertainity of ...

EURUSD

lol...superb pics

AMAZING Strategy!!!

Trichet is speaking 2 times on monday- first time in morning, second time in afternoon..the afternoon session is considered to be high impact news. Ben is speaking on monday as well. This is crazy..sometimes you have open positions before news. ...

EURUSD

From Mon-thurs, it was a great trading..earned pips patiently with minimum risk..lot of hard work. Lost all earned pips today in the long position which i took during news hour..I have learned my lessons.

EURUSD

Xaron, i see you have 13,000 units long at 1.51 average...arent you worried? So much noise going on we may see 1.46 levels. I have closed my longs in losses..what ever i earned this week, all given away. But lessons learned.

EURUSD

Great Trade

EURUSD

SL triggered for my long position NFP is more dangerous then trichet. I will not trade on news day in future. Let the dust settle down. I wonder how people make a living out of this volatility, confusion and panic.

EURUSD

I H RSI is in oversold condition for last 4 hours...no body cares to give respect to RSI oversold position Added longs at 1.48800

EURUSD