It's actually more likely to make a new small high in the next 3 hours, just to throw some people off balance and make'em buy it at the high thinking the news will cause a bullish reaction.

EURUSD

Like I said, no one cares much for the euro news, just jumped 20 pips and retraces quickly even though they were much worse than even expected. I'd say that unless you're also a scalper like myslef just close the pc for the next 3.5 hours and go do ...

EURUSD

I doubt anyone really cares about that piece of euro news, we'll know pretty soon but I don't think it'll have any serious impact. Post US news is another matter..

EURUSD

I'd watch out carefully for that "small" retracement after the US news today.. Doubt it'll retrace much before the US news, but afterwards anything's possible

EURUSD

Half ? Now that's optimistic, good luck with that..

EURUSD

These are interesting developments, considering mostly negative USD news today I'll be watching carefully what happens shortly after the US news and if a major sell off suddenly starts because the news were factored in already, like with the NFP a ...

EURUSD

So all in all you could've avoided waisting your time and entering when you weren't sure anough of the direction at 1.97, only enter when you were sure anough - a double short at 1.9960 and make 100*2=200 pips which is of course minus the spread of ...

How do you get out of your Hedge trade?

I'd think it would have the opposite effect if you elected him, the arabs and Russia will see he's weak and try to get more cash for their oil.

EURUSD

In most cases there's some trend move on Fridays and in most cases it will reverse to some extent at least on Sundays (for EU). Most times a good idea to place a carefull (relatively small) trade with a wide SL and bank some pips.

EURUSD

So what're the bets people, 1.64 anyone ?

EURUSD

No offense, but I don't get it. In your example, if you just opened the third trade like you said on the bounce back from the border area of the range you would've ended up with the same profit, or in fact just a bit higher because you wouldn't pay ...

How do you get out of your Hedge trade?

Hi guys, Quite a good sounding system you got here FeelTheFX. Makes a good sense to me. Congratulations. The mm issue I can't agree with though, sounds way too much risk, nothing is perfect and allowing a few loosers in a row to wipe your account ...

Just some food for thought...

And every time you hedge you pay the spread again. So for a tight one on GU - like 3 pips, you'll loose 3 on hedge, 3 on closure and 3 on new hedge which is about 9 I think ? So what good did the 10 pips do exactly ? And if you strongly suspected ...

How do you get out of your Hedge trade?

I'd use the account money and connection to order booze and pizza and watch the sunsets... Kidding, MACD probably...

One indicator on a deserted island

It depends on the system you use - win to loss, r:r and so on. With a system that gives me 5-10 trades per day 2% is a bit high for me - 1.5% sounds more reasonable. About tping, it's also a subjective matter. But, personally I was first inclined to ...

scaling in/scaling out - how do you do it?

>>>Scalper<<<

EURUSD

I'll get old looking at such long trades. lol To each - his own.

EURUSD

Possible buy opportunity. Maybe back towards near 58

EURUSD

It COULD still skyrocket from this low at least, bad ISM expected in an hour.. And, I thought the same as FXCapitalist and most people too probably, so don't blame him..

EURUSD