Hi dimdel Thanks. I have not really decided yet if I want to reveal my actual trading methodology, but the strategy is to use the methodology combined with risk averse and conservative money management, in order to become consistently profitable (to ...

SophieFX's Journal

​I think you are absolutely right. If you read your 1st post, you have a lot of emotional descriptions like hope and needs. And the binary options market is basically a massive bombardment of your brains reward center that reinforces your need and ...

My Binary Options Trading Journal, Goal; $1000 to $10,000

Hello dbeach777 Can I just ask you one question? You have been trading forex on and off for 20 years. What do you think is the main reason why you don't have a nice, fat account balance and ready for your grand retirement by now? Stay safe

My Binary Options Trading Journal, Goal; $1000 to $10,000

I have moved my SL down to 1.5110. It is a little sooner than price at 1.4950, but a nice 4h swing high has formed up to 1.5100. Risk is thus reduced to just 25 pips or 0.5R. Limit remains @ 1.4800.

EUR/AUD

Interesting. What makes you think 300p? I can hardly see it on your chart. Sorry... All I know is that is cross is still rolling over. When/if price reaches 1.4950 area, I will move my SL down to b/e. Should be an interesting week ahead

EUR/AUD

USD/CAD moving down in a very interesting broadening wedge formation on the 4h chart. Will be interesting to see if this breaks to the upside...

USD/CAD

Short position still holding. We had a lower low and lower high on the daily chart today. Would still love to see sub-1.5050 without a spike above 1.5200

EUR/AUD

New short on EUR/AUD @ 1.5085. SL 1.5185. Risk 100p/2R. Limit @ 1.4800. Reason: Daily Pin Bar, timing entry 1h bearish outside bar. Possible right shoulder in H&S formation, daily chart.

EUR/AUD

I have a question and since I cannot create a thread, here goes... Today I made a very nice profit (+9R in total) from selling the USD, especially USD/JPY, USD/CAD and EUR/USD, but I did so based on instinct and momentum rather than the predefined ...

"The Logical Trader." Newbies, ask your questions here

Stopped out of course In hindsight, the bearish outside bar on AUD/USD yesterday should have warned me not to trade this trade. It was a B-setup, but okay. Did not trade EUR/AUD today, but there was plenty going on elsewhere

EUR/AUD

My broker actually called me to check that I was indeed the right person for the account Sounds good, would love to get off to a nice start. I also noticed the double top and possibly a right shoulder in a H&S on the daily ...

EUR/AUD

I am new here. First post actually I trade a little bit on a small CFD account. Trying to learn my way around I guess. I have just sold EUR/AUD @ 1.5130. SL 1.5190. Risk 2%/60p. Limit open. Reason is the 4 hour pin bar. Target at least 2R, ...

EUR/AUD