Market took back about 50% of the profit from this usd/jpy trade, about 180+ pips left. 820 more pips to go to get my target of 1,000 pips.

EURUSD

OK. That will be a Silver, for me. But I reserve right to continue holding shorts if it breaks 1.2739 very convincingly.

EURUSD

Good to hear that. I have ordered a gold medal.

EURUSD

Definitely. It has to break 107.5 to move higher than this level.

USD/JPY Discussion

What is that quote, I couldn't remember correctly, is it "Stupid minds think alike"? On other note, the hour closed below 1.2765, What it means? If it means anything to you.

EURUSD

I didn't get you, how a close helps in sustaining a level. Why closes are necessary to make a difference? and why a close? why not an open?

EURUSD

I think 1.276x is good place to short, with sl just below 1.28000. I have 1.2765 as good resistance, the next resistance is at 1.2780

EURUSD

Why a close? How a Close is different from price going below 1.2720 and then coming back up to close above 1.2720? What a difference a Close makes? And why on 4H? What about 8H, Daily, 1H or 10Sec?

EURUSD

Looking at the Weekly Chart, this pa has shown very little respect for 1.2750 on its move down from 1.339x, .................. even lesser for 1.3000

EURUSD

A or B?

EURUSD

I didn't say nothing against Ullen's concept, and have nothing against it. Market is not random, no doubt about it, but is it predictable in short-term is a big question mark. True Story - 1: One of the girls in accounting pool that I used to manage ...

Counter-trend trading

Don't worry, anyway you never commented on what I mentioned in that post. An investment banker or a mutual fund expert may be good resource to learn something that is called Dividend Equalization Reserve ......................... and the basic ...

Almost unreal myfx read trading account

If time travel was for real and we humans will ever achieve this, why we don't have (or had in past) any visitors from the future? If these results were sustainable, why any of these traders are not billionaires?

Almost unreal myfx read trading account

I read your above post but just glanced through few other pages on this thread. I have no issue with you going against short-term trends and taking counter-trend trades, but these short-term trades normally take a trader two steps forward, one step ...

Counter-trend trading

The High, Low, Open and Close quotes have been picked from DailyFx

EURUSD

I don't use much leverage. image

EURUSD

See above.

EURUSD

I am moving.' This is how you move in Cholistan. Don't worry, nobody falls and gets hurt .................... these people are tied to their stuff. The vehicles are special types of trucks, called Kekra (Crab), only a few models are successful in ...

EURUSD

As always, have no idea where it will go next. Shorted after 2:00 pm NY Time for unknown Take Profit. Intend to keep this short until next week two or three hours before NY opens. Reserve right to exit my short, if it bounces down from 1.3000. If it ...

EURUSD

Yes, in several months. IMHO these gaps do close but in long-term, like the one near 1.5000 created in 2008 financial crisis got closed in a couple of years.

EURUSD