If you know why you enter, and can continue to understand why you enter, and it is consistently profitable, I would not even come close to calling that luck. Besides, if you are relying on luck alone, you still have a 50% shot. Pretty damn good odds ...

There are no secret patterns and there will never be one

I am now back after a few months time off, and from getting absolutely owned in the market. I realize now that I have been making trading to hard. New trading setup : Stochastics (8,5,3), EMA 10,20, and MACD. EMA/MACD's purpose is to distinguish ...

Venice's Trading Journal

Bulls finally got a foothold again... let's see how far they go.

EURUSD

Ball is in shorties court... closed out over night position around 9:00... let's see how low we will go.

EURUSD

AUD employement rates out soon.

AUD/USD

Closing out short here. Got my 20 pips for the night. Headin to bed all... catch ya in the morning.

EURUSD

EUR/USD making me fall asleep. heh

EURUSD

It is of my opinion that one of a traders greatest assets is one that keeps him out of a trade/the market. Learn patience and pick your trades, don't let them pick you.

There are no secret patterns and there will never be one

That's me!! :-) 15 minute time frames all day long... weeeeeee.

EURUSD

I am just glad they are able to breathe here. Can't make very many trades when everything is > 98% hah.

EURUSD

Don't worry about commission. Make trades that go from your initial position to at least 0 or greater pips. Figure out how to do that, and your set.

When does a commission become excessive?

mmMM, love me some free pippage on eur/usd shorty. I've never seen my indicators so maxed as of late.

EURUSD

Eur/USD giving great opportunity for a nap... hah. ZzzzZZzz

EURUSD

Perhaps you could share information, ideas, or thoughts that would be of interest to you? This thread has started out with a view of the market that isn't of the norm and the more input we get, the better!

There are no secret patterns and there will never be one

Hi nub. Looks like esuff summed up (and in a much better way) I would like to reflect upon the idea that Market makers seek liquidity. Why is this? Think about it. A general underlying fundamental point of liquidity is that volume is present. ...

There are no secret patterns and there will never be one

I only agree with this statement because of the chaos theory. AND, if a pattern/indicator is used by enough people with big$$$, it becomes a self full filling prophecy. For instance in Forex, 200 MA is huge to the big boys.

There are no secret patterns and there will never be one

So many people have a really hard time following strategies once they have 'developed' them, or are using what someone else has given them. If you want to get into statistics, I can be right about a 20% of the time, and still be profitable. I can be ...

There are no secret patterns and there will never be one

Well, don't think it really matters anymore... I am giving up at this market... their is no rhyme or reason to the direction it takes... it reminds me very much of the OTC market in the equities market... I'm done giving money away here.... good ...

Best time to trade

Pretty indecisive direction tonight...

USD/JPY Discussion