The NFP news pulled the USD to the new lows and the EUR/USD gets the 1.1300 level and even breaches it. I caught this movement and got some profit. I considered an option of 1.1300 level reaching but when the impulse did not stop, I decided to wait ...

Share your results from today

I would say that trader should have a knowledge of trading psychology and keep the rules of it. (moreover, most of the posts here are about actually psychology and management). But the philosophy is about the market understanding in general.

What does your trading philosophy mean? How important is it?

EUR/USD dropped to 1.1220-1.1230 area (61.8 Fib). The SMA55 resistance level (1.1250) breaching will be a signal to buy, SMA150 draws the support level on 1.1200 (38.2 Fib). However RSI line fell to 50 level that is indicator of market uncertainty. ...

EURUSD only

The resistance level of 1.1280 will affect EUR/USD. The currency pair did not reach psychological level of 1.3000 and still fluctuates between 1.1230 and 1.1280 levels that was involved before. The declining channel is still actual despite of the ...

EURUSD only

The USD is still has a falling option and EUR/USD currency pair can reach the 1.1280 and 1.3000 levels. I suppose that important event today is U.S. Fed Chair Powell Speaks and it may be a source of monetary policy information. U.S. interest rate ...

EURUSD only

Thanks to everyone who joined. today market condition was crazy for me. From the flat movement around the 1.26100 level, till the impulse of (1.25583 - 1.26002), that brings me profit of 56.2 pips, after a reversal candlestick signal. "I waited for ...

Share your results from today

I like the format of this thread. Warning: just a stream of thoughts. The next opportunity implies the previous one (idea for reflection). And also, I dare to say that if there is a corner, then there must be walls. Walls, as we know, are a ...

Technical Analysis is for Dummies

The only one reason that makes me believe in a new high of bitcoin. The reason is the following scenario: BTC is getting a new psychological high, for example, $25000, (a lot of traders will expect $100000 levels and start go long) and then, BTC is ...

What about Bitcoin... :)

EURUSD has a support level 1.1125 that is currently affects the price. If the level is breached, there's a short signal. But RSI shows 34 level as a long position signal. Moreover, even in the case of growing, there is a probability of 1.1125 ...

EURUSD

GBP/USD position that I posted here: url is unprofitable (-13 pips) and the currency pair is still falling. I have a short position at 1.26494 with a target of 29 pips. (but, I will close it in the case of strong rising). The closed USD/JPY ...

Share your results from today

As you can note, this position is unprofitable and I have a loss -$1950. GBPUSD is falling more and now is trading at 1.26370. The closest support is 1.2620.

Cable Update (GBPUSD)

GBP/USD long position opened on 1.26672 target: 68 pips stop loss: -13 pips

Cable Update (GBPUSD)

There is my post as the description of the trade: url My position for today is GBP/USD short 15.9pips. open 1.27165 close 1.27006 a good idea is to show myfxbook monitored positions. image

Share your results from today

The Elliot impulse wave analysis on GBP/USD. The ABC Elliot correction is forming and being a 4th part of 1D Elliot impulse wave. The level of 1.2750 is the current resistance level and I predict a falling to support of 1.2700 and then, the C part ...

Cable Update (GBPUSD)

I posted before in my twitter and GBP/USD thread here that the pair will not meet any strong support and I expected a falling to the 1.2450 level. But now, I see that Elliot correction impulse is probably to be formed and this view brings me 27.3 ...

Share your results from today

Thank you for sharing your trading idea. I see that e/j is falling for now and the levels of support 122.100 and 122.300 can be the target to short. I look forward to see your posts here.

Share your results from today

GBPUSD sluggishly responded to CPI news. But it doesn't mean a cancellation of falling option. The pair has no strong support for now. Moreover, I suppose the trend channel is breached and bearish movement will be sharper. image

Cable Update (GBPUSD)

A result and a main idea, e.g. reasons for this trade. However, if you don't want to share your secret, you can share your result only.

Share your results from today

The EUR/USD pair has reached 1.1255 level and got a correction after that to 1.1135. For now it is trading on the 1.1185 level and triangle formation was formed. I'm waiting for breaching of this formation. RSI shows: 50 image

EURUSD only