For me today was like yesterday. Caught on the wrong side for wanting a deeper down move before the up and a great long entry. Fought it for a while adding to the short underwater. Then reversed, a bit haphazardly, today. Now sitting on +3% on ...

EURUSD only

Spectacularly massive success!! After reversing short close to the bottom and reaching -10% on equity, I reversed 1.178 and recovered it all. With 12% of account in play. 70+ PiPs move without retr. and +0.1% on balance. Interesting start to the ...

EURUSD only

Today is one of those silly low vol days in which smarter players than us avoid trading. I am stuck long 1 at 1.1772 and short 3 at 1.1778 Being not smart and prone to getting obstinate and finding it difficult to simply cut my position and walk ...

EURUSD only

The bounce down from today's high and obvious R is so obvious that it begs to be overcome just to send in stop all the simple minded people who took it. Sorry, but I just hate it when obvious S/R play out. Edit. QED !!

EURUSD only

15:17 Server Time. I have a long increment at 1.1735 Watching this closely to see if it warrants a defensive hedge. The increment was a little tough to establish but I was net profitable in the BLaSHing and SHaBLing. 15:24 ST Established short hedge ...

EURUSD only

Yesterday I defended my long with a short hedge and cashed it in when it dropped and refilled long triple size at the bottom. Just now I took out partial profits on the long. Currently long double size 1.1717 Bragging aside, I find that ...

EURUSD only

Short 1.1752... because most of you are long. ...but I'm also long 1.1732 because I like to mix it up (also, I think we'll go up next few days)

EURUSD only

50% a year 1:1 leverage is (I hear) a benchmark for great trading performance If you get 3-5% a month (@50% per year) from $400k and leverage is 1:1, you are great. If you use more leverage than that, the performance is not that impressive, ...

EURUSD only

That your position was cut at 1.1762 later, after it survived 1.1761 earlier is odd beyond explanation. Unless you are recalling it wrongly. In my experience, when operating from fear or anger, it is easy to get whipsawed continuously. I think that ...

EURUSD only

1.1762 ? You get stopped at the bottom because that's when the loss exceeds the stop out level. That it reversed later is coincidence. As long as your broker is not making up price feed, and I'm sure it's not and it would be easy to verify with ...

EURUSD only

13:58 Server Time. Started long 1.1785 Increased as it went down from the 1.1797 high. Now at 1.1778 it is starting to be overextended and underwater. Looks like another lousy start of the trading session for me. 12% of the account long at 1.1783 ...

EURUSD only

The "accumulation" assumption for the PA of the past two days, may also be wrong. In my experience it looks like that also when price is going through some tough S/R, so, encountering opposition. Possibly in support of this thesis there is the PA on ...

EURUSD only

Long accumulation it may be, but that says nothing about timing; after they are done they can send it dozens of PiPs further to shake out. Those guys don't like company.

EURUSD only

Today has not been easy up to now. Did a bit of buying, bit of selling. Account +2.2%. Market undecided. But it is a down trend and being short seems like the prudent thing to do. I'll short when and if it breaks upwards the current down channel on ...

EURUSD only

Yesterday I was starting to do well, reversing a day that started badly. I was net short 1.89 the end of an up retr. then got into my mind it was going up a little more, got into a fight with with the market with increasing size... and lost ...

EURUSD only

I am long 1.1922 I believe we could see 1.1935 before a new low. The new low not too deep. Then up should resume. Edit. ...and it drops right after I post. Not a good start to my day. I'll hold the long. ...also 1.19 is far below what I expected. ...

EURUSD only

...and it really took off without me. I was correct in everything but got out prematurely because of the way it went about it. Now I have a short 1.1904 UPDATE. 12:05 ST. Out for few PiPs. Reversing long. ...long 1.1903 ...not a good place at which ...

EURUSD only

I should have kept the short from Friday. But then I would have had I seen the gap down, which I didn't. Now I'm building a short because I believe there are 10 PiPs to be made on the down side from 1.19 Then there are 30-50 PiPs to be made on the ...

EURUSD only

Persistent risk management flaws stem from unsuitable personality traits, not stupidity. We, as aspiring traders, should be able to better discern the truth. Behind the governments' drive to stamp out leveraged CFD trading there is only the ...

Help!!! US Traders, We Must Stand Up and Fight

I'm long 1.188 UPDATE. 18:21 Server Time. Out half for 10 PiPs UPDATE. 18:48 ST. Out second half for 20 PiPs UPDATE. Those first two up spikes after I exited... Made money on both playing the short side. I am looking to go short but no ...

EURUSD only