Why didn't you short it? I'm guessing because of the news? I shorted it 30 min. after the core CPI numbers and was able to get in at 1.1079 (although I already was staring at it since 1.1130) and out at 1.1005 (TP hit) with a somewhat tight SL at ...

EURUSD

Just did the same, I opened one at 1.10880 this morning (8:26:10 GMT+02) with a stop loss at around 1.1150 expecting a move lower before FOMC but it went to 1.1140 instead. Thank god it actually just went lower to 1.1078. I closed it at 1.10821. ...

EURUSD

I didn't really follow you as in used you as base, but followed my own signal and went short at around 1.12 as well, I closed one position and am open with another one till 1.10100. I expect to reach this later in the day seeing how fast we are ...

EURUSD

Ah this sucks, I went off the PC at around 17:00 GMT+2 to go eat and do some weightlifting cause my set-up didn't give me a signal and when I came back the euro already dropped. Of course I forgot to place an order. Oh well, we are still a long way ...

EURUSD

Oh yeah, figured as much in regards to your answer to point 2. But just to be absolutely sure I'm going to ask one more thing. Do you believe it's: 1) Impossible 2) improbable 3) impracticable to be a profitable retail trader and make a living out ...

Tim's £500 marathon. Goal £1 million

So you are basically saying that every single person on this forum, even the ones like fxtyrant, gatorinla, etc. that have been active in forex for at least more than 5 years now, are all either demo traders, scams or about to crash and burn? I have ...

Tim's £500 marathon. Goal £1 million

I have the same goal as you so good luck . I actually know an American that is trading for a living. The thing is, there are a lot of people, like in the video your post, that are very gullible and don't understand the basics and the mechanisms ...

Tim's £500 marathon. Goal £1 million

Oh yeah sorry I should have been more clear. I kinda high-jacked your chart to see if I could also spot possible entries, so not just understand what you did in regards to exits but also figure out how the TMS system works in general.

Trading Made Simple

Thanks for the explanation. In your chart I see a possible short after your second long but also possible trap that could trick people if you didn't pay attention to the price action. I adjusted the image, is my interpretation correct? Although now ...

Trading Made Simple

For url Nobody can at least give me some pointers or indications on whether or not I'm using TMS correctly?

Trading Made Simple

What do you guy's think of the H4 on EUR/USD? I posted this in the corresponding thread as well: At the current level it looks like we are up for some more upward movement but when I look at my indicators and especially on the Daily chart I don't ...

Trading Made Simple

At the current level it looks like we are up for some more upward movement but when I look at my indicators and especially on the Daily chart I don't think we'll move a lot higher. The chart below is of H4 and given that we are at a level that ...

EURUSD

I've tried using this trading system on EUR.USD trades this week with horrible results (lost 90 % of profits YTY, thankfully still in green and no loss of invested capital, but I came close). I'm doing something horrible wrong when it comes to ...

Trading Made Simple

I've lost about 90% of my profits of the last year in this weeks trading. Thank god I'm still in the green and I still have long term stocks. I wonder why I'm still bothering with forex when I can just pick stocks take a CFD and follow and ETF. I ...

EURUSD

All my profits from the last months are gone thanks to this eur crap I had a long at 1.14000 since yesterday afternoon. My STP was hit this noon and a short was triggered due to the new low and now we are back above 1.14000. I think I'm ...

EURUSD

Well, it's not completely over until we are at 9 o'clock (GMT +2) and the candle of H1 and lower closes but so much for double top from yesterday, no? Any one want to show the next pattern? I would say move of double bottom that was formed at ...

EURUSD

To add to that: Aren't patterns like the double top never confirmed until they are over or well under way? Patterns are things that are there because people want them to be there. Yesterday a lot of sellers here were all about: H&S's! H&S's! Were ...

EURUSD

I silently hoped it wouldn't, cause I had a SL right above it. It was triggered however. Closed with 10 pips. Oh well, will look for an entry a bit lower than 1.12 after my set-up gives the signal. This thing should go lower. I mean, remember that ...

EURUSD

While the pair didn't really drop as I had hoped after the decent numbers the stocks on the other hand did deliver and I'm in green with all of my CFD's and stocks. I expected next week to be more entertaining and we see lows we haven't visited in a ...

EURUSD

Anyone will both agree and disagree, as for myself, I'm long since 1.1195. With my TP set at B/E.

EURUSD