Patience is a huge part of this game... I've cooked 1 forex account and 2 equities accounts before before this simple little truth hit me; and only recently have I been able to actually increase my account size.

EURUSD

Also, since it seems you are finding the exact top's/bottoms... why not sell when you think buy and buy when you think sell? I bet you'll find you still have a 50% win rate...

EURUSD

Patience is the name of this game... I use to feel like that too. That the trading God's were completely focused on me not succeeding... Scalping is not the way to go in forex if you do not know what you are doing. I certainly don't do it that much. ...

EURUSD

Their are some extremly good calls made in here. In-fact, between cloggy and worm, you could have netted over 200 pips this week with multi day swings, not even scalping in between. I'm sure they have pulled in far more than that. Pay attention to ...

EURUSD

Yeah, range bound at the moment, mise well take the little bit it's giving you.

AUD/USD

Lets see if we get ourselves a nice little wall at 3660.

EURUSD

Just had this thought myself... nice.

Why Is EUR/USD Called "Fiber"?

If you are looking at a chart and the chart is not telling you where price is going [ie. bull, bear] and it is not painfully obvious, you should not be placing bets. If you think it is more then that, you are dead wrong. Some of us do like the wager ...

EURUSD

I agree. With every trade I make, I decide I want to risk x amount, and let's face it, it never really comes to that high of an amount because if I see price is moving against me, no point in holding on. Let it go at the next rally/selloff. I also ...

EURUSD

What? Every single trade you take has risk associated with it. Their is no safe and sound, their is only an edge. An edge that makes you more right then wrong. If you do not have this edge, accompanied by a set strategy that you place and execute ...

EURUSD

Price will almost always come back to restest a support or resistance break, then continue on in the original direction of the break. Why do you think certain levels earn the title of support or resistance in the first place? A lot of peoples ...

EURUSD

Try trading the weekly chart sometime, those 100 pip draw downs are a near necessity

EURUSD

I have been forced to do this in lieu of my vigorous schedule. Sometimes trades are open for 12 hours, others they are open for a full week. Point is the plan is in place, and at that point their is nothing to do but wait to see it executed, for or ...

EURUSD

You jumped ship on a 5 pip movement? Goodness man, I have gone under 100 pips before to have it turn around to a 500+ run. Catching the top is a game of luck. Everyone always wants them... I sure as heck don't. Price will tell you where it wants to ...

EURUSD

Support / Resistance lines, Fibonacci retracements, and Trend lines are all you need. Get rid of all those indicators... maybe, at best, keep the stochastic. But the stochastic doesn' ttell you anything that just looking at the price bars will tell ...

EURUSD

I'm not sure why, I have had an incredibly hard time drawing S/R levels. I just don't see them for some reason until they happen. But, I am pretty happy with the performance of Fib S/R levels as well. Been following you, worm, and a few others ...

EURUSD

+168 pips. Yummy. Always a wonderful thing to wake up too :-)

EURUSD

Ah ok, wrong direction on my part. I'm still looking for much higher on the 4h back to the 23.6. Amazing how just changing time frames show a completely different picture.

EURUSD

PV, What time frame are you seeing the 61.8% on? Is 3495 the area you are referencing?

EURUSD

Have at it shorties... it needs a breather.

EURUSD