Hi Sofia, Yes you are correct, making money is what counts, period. But from my own experience, I noticed that when I finally started generating a decent and growing income from my forex trading activity, weird stuff started happening to my FX ...

EURUSD

Hmmm....my comments are obviously attracting a few Forex brokers who are more than eager to deny any wrongdoing... I am not saying they are all crooked but just keep in mind that they can and do play tricks against the average trader. Take a look ...

EURUSD

Yeah, sure, the brokers would notice that I am online with 10 different FX brokers and say: "Damn, Mr. Breakout is watching us, let's not manipulate the price today, we will simply wait until he is asleep"

EURUSD

You really expect an answer with that kind of childish and rude behavior?

EURUSD

The problem with Reres is that he does want to learn anything new, he just wants to prove he is right and that we are all just of bunch of morons.

Where is the EDGE in trading? The most important thing in trading!

While it is true that FX brokers/dealers can more easily manipulate the price when the market is less liquid (and that means during the Asian session in particular), they also need a lot of traders ($$$) to commit to a trade, long or short, so that ...

EURUSD

I have to wait until midnight (NY time) and then I will start looking for trading setups. Please keep in mind that I watch 25 currency pairs and EUR/USD is only one of them. But if I see something interesting on the euro I will post it here.

EURUSD

It took me more than 3 years of study to find one way to exploit that phenomena. Of course it is not foolproof (nothing is in trading). The only problem is that I have to search for that particular pattern on 25 different currency pairs each day, ...

EURUSD

uh-oh, seems like Monroe is a Forex dealer. Just kidding Of course, I only gave you the general idea. Otherwise it would be too easy.

EURUSD

Blah...blah....blah....blah....blah...blah....blah....blah....

Where is the EDGE in trading? The most important thing in trading!

Few people can fade the price when it is moving fast and in one direction, especially trend followers.

EURUSD

Ok, here is the thing. Between 1AM and 4AM (New York time), when you see 1 or 2 wide range bars popping up (especially if the market has been relatively quiet), it usually means the market is about to reverse quickly, because that's the time when ...

EURUSD

Hold on, I will post a chart for you.

EURUSD

Thanks Kenfen69. So how is the euro treating you?

EURUSD

While you were busy saying rat rat left and right (what's that business with the word rat anyway?) I made 100 pips shorting the euro after that fake 2AM bar and closed my position before the 8:30 AM US trade balance, to avoid any possible ...

EURUSD

And why is that??

Pyramide trading strategy

Thanks, I will, enough Forex for today, have a good one everybody. Over and out.

EURUSD

Well last time I checked Canada was still in America

EURUSD

Now the only thing that could really move the euro today is the ECB Monthly Report (due in less than 5 min) and the US Trade Balance (8:30 AM NY time), to some extent. Then we can all go to bed, at least us American traders this side of the Atlantic ...

EURUSD

Thanks Ku8ek. Well I guess a little sense of humor here and there does relieve the stress (and the feeling of loneliness) associated with our trading activity. Good luck to you too and have a great trading day in Sweden

USD/JPY Discussion