Well, this price action is pretty stale right now. up 20+ pips on a gap play, stop is at +5 or so. time to make some dinner and a drink.

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It was for a contest for like 400:1 leverage or something crazy. that and it was just a demo account ^_^

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reading a few reports that are saying we are not going anywhere fast this week. image

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I remember those events quite well, I also remember trading the guppy when she was at only about 200 and enjoyed those days of carry trades all the way up till about 250. been trading along time ^_^

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Here is my answer. image

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The most successful trading I ever did in my life was being completely ignorant to fundies. As a short term scalper it never mattered if euro was sinking or if USA was in a depression. Just be wary of a new report, and you'd be fine or trade during ...

EURUSD

if we can break this level 2890, we should see a good attempt to close this "gap" back up to open price area.

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Little blips like this are more then enough to make price hit my TP ^_^ SYDNEY, Jan 23 (IFR) After being marked down from 1.2930 to 1.2875 in early Sydney (prov hol in Wellington), traders have managed to extend the decline 1.2854. However, steady ...

EURUSD

Also, I head on the fly that they did structure a deal, but they were not happy with the rates. 1 party wanted 3.75% and the other wanted more then 4%. so these trade talks will likely continue through next weekend.

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All fundies are 2 way sword. I know that euro sinking is everywhere on the news, but I have all kinds of little news blips that are positive for the euro.

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If you are worrying , you might be using too big of a lot size. I am well prepared for the worst case scenario .

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image moved my stop to +2, lets get back to where the market opened!

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If there was only 2 times I could trade, it would be NFP and every market open. It doesn't matter if its a gap or a heavy volume news report, as long as you have rules that give you an edge, and follow them, you should be good. for instance, the e/u ...

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#1 if you don't know, Dont trade. #2 All gaps will be closed EVENTUALLY.

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Wow! nice start already dropping quite a bit. This should be an exciting open! image

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Hey, there is no need to be like that. I have noticed that you lurk around on many places here on FF and put people down. Funny how even adults still try bully people. At least we are trading the markets, not having an EA do it for us. as for your " ...

EURUSD

possible trade setup — If market gaps up, and touches the upper orange levels, will possible go short If market goes down, and touches lower orange lines, will possibly go long. The red lines will be a stop. Target is about 20 pips if short, ...

EURUSD

I trade by other means very happily thank you. I would not trade with a strategy I don't know inside and out ( like MM & Harmonics). Was simply asking how do you trade these setup your posting?

Trading using Murray Maths and Price Action

I don't trade using MM or Harmonic patterns. Could you explain how one would trade this gbp/cad setup ? To me, it looks like there might be a last little leg up but the trend is looking exhausted. If it breaks above 5778 wait for it to re-break on ...

Trading using Murray Maths and Price Action

I completely agree with what you said. my mentors also showed me that MA's should not be the sole reason of getting into or out of a trade. They use to say an MA is more like a condiment to your meal. You dont drink soy sauce out of the bottle ...

Why exactly do EMA crossover systems not work?