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- Mike8 replied Jul 15, 2012
Price movement are random, traders psychology are not, still I think trying to predict will narrow our view. The momentum can give us clues to take chances.
Why it is possible to predict price movement?
- Mike8 replied Jul 14, 2012
I hope you find this reading helpful: A Day in the Life of a FX Spot Desk Trader url url Or if you cannot open them, try to open them from this page: url
EURUSD
- Mike8 replied Jul 14, 2012
My only trade yesterday, short @ 1.24029, risked 14 pips (1%) covered 1/3 @ 14 pips gain and trailed my SL to 1.2404. EDIT: SL TL 1.2396 EDIT:Got stopped out @ 1.2396 (last 2/3). Made 8.6 pips total =0.61%. Not much, but that will do.
Rat's Wallet Expansion Trading
- Mike8 replied Jul 13, 2012
The previous pa was given clues, my short on eurcad took hours to make 14 pips.
EURUSD
- Mike8 replied Jul 13, 2012
Seems like they trapped the bears and made them bulls (covering). A classic.
EURUSD
- Mike8 replied Jul 13, 2012
Got stopped out @ 1.2396 (last 2/3). Made 8.6 pips total =0.61%. Not much, but that will do.
EURUSD
- Mike8 replied Jul 13, 2012
My only trade of the day, short @ 1.24029, risked 14 pips (1%) covered 1/3 @ 14 pips gain and trailed my SL to 1.2404. EDIT: SL TL 1.2396
EURUSD
- Mike8 replied Jul 13, 2012
[quote=cat;5838822] Not sure. Where you in Buenos Aires when that append? I did a few.

EURUSD
- Mike8 replied Jul 13, 2012
[quote=cat;5838783] True. Maybe we are the same person and have not realise it yet.


EURUSD
- Mike8 replied Jul 13, 2012
[quote=cat;5838689] Sure. Has his value. But keep in mind that if you do not know how to trade, believing in your method would not help you much. Wouldn't you agree?
EURUSD
- Mike8 replied Jul 13, 2012
[quote=cat;5838568] Would he had made million today? I doubt it. He lost his plot when the conditions changed and he was not able to adapt. Today conditions changes are the norm. I know it sounds a bit controversial. But that is my bread and butter. ...
EURUSD
- Mike8 replied Jul 13, 2012
Not much for me till now, they are all (18) ranging (not my favourite dance) in my TF, maybe the cad, if I find a spot to pop in.... we see

EURUSD