Short Term: I wouldn't be surprised if we test support zone around 1.1720 I would go long in that area for a scalp off a bounce.

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Long term I am still bearish against the Euro. Their economy is going to shit. I lived there and I still talk to my parents regularly, and they are telling me all about the immigration issues and how the refugees are causing all of these problems, ...

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You don't always have to trade! Sometimes it's better to sit on your hands and just watch, keep your cash safe until you see burning opportunities. image

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That's true, you can trade any time frame and be profitable. But what I was originally trying to say is that you can increase your odds of success by viewing multiple time frames and not getting stuck in a single time frame. If you can take a step ...

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Hey fortunho, it's called "Trading in the Zone" by Mark Douglas. Great read and I learned a lot from it.

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If you think about it, trends happen because traders are either selling or buying, depending on what they are seeing. Now most big time traders who have made millions from trading all follow a set of strategies that are more or less similar to each ...

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Guys, take a step back and look at the bigger picture. You cannot predict future movements by watching microscopic trends. If you take a look at the daily you will notice the downward pressure pressing down against the support line in the 1.15s. If ...

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Thanks for your reply, I was just curious. I know sometimes perspectives can be skewed, so thanks for correcting me. I enjoy this channel and read everything. So thank you all for your content. Let's keep trading successfully!

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haha oops, I always mix my languages by mistake. I like the B-24 Liberator as your profile pic! Are you an aviation enthusiast? Sorry channel, we can take this to dm's from now on

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Alles klar Kumpel, freut mich dass du Deutsch sprichst! Viel glück heute!

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To be honest, I've heard it before and it makes sense, but I had to look up the true meaning of it. I'm from southern Germany, so we have completely different dialect and sayings haha "Zwei Beine passing nicht in einen Stiefel..."

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Just out of curiosity, usually successful traders follow their own strategies and wits yet I see some of you brown-nosing up to Ata, thinking his personal strategy is going to make you millionaires, or maybe you think being nice to him he will teach ...

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Closed my short at .1633 taking my profits to close out the week with a 6% bump in my total account value. Have a great weekend guys, and don't forget to pay yourselves every once in a while Good luck to the people on the East Coast, I hope we ...

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As I expected further dropping, crashing through .1650 support area. The market "will" not do what you want it to. Just follow the trend and trade around support/resistance. image image

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Glad I went short yesterday! Got an average 1.17 position short, holding until TP around .1550 or trend changes.

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gotcha, I myself am hoping to add more to my short at the highs. So hopefully it does give us a little more pop!

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It's possible it turns upward again, just not the best probability right now in my honest opinion... Be careful to not get too greedy! Take what the market gives you. As the saying goes, "pigs get slaughtered" Trade safe bud

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I think it needs a little dip to attract all the longs that missed out on that massive spike. I see .1660 - .1650 a possible area of support for a long entry. Right now it just doesn't have the volume/momentum to break through this resistance. But ...

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15 pip profit from the dip buy, and now shorting from the top. Follow the trend, trade in the zone!

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With 1.1750 being major resistance zone, we still have plenty of room to move up before going bearish again. This last spike has shown a lot of bullish strength, so don't be so quick on the short just yet. There's still a possibility of a follow-up ...

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