5 minute away from GBP GDP second estimate GDP q/q while holding a +1 pips position. What to do? Since entry was made to capture the upward momentum from 1.4750 level on 5M, position is closed when it shows sign of slowing down heading towards the ...

The 10,000 Hours and Beyond Club

Down another 2.0% got caught on EURAUD's head fake below 1.4750. image

The 10,000 Hours and Beyond Club

oh boy the 1.3722 head fake...

EURUSD

image So Where is my dollar?

USD/JPY Discussion

What are the two tools in US monetary policy? 1. QE 2. 0 interest. Just to put them in order, QE comes before the 0 interest. It is also logic to completely retire QE before raise the interest. therefore, there isn't anything she can do either other ...

USD/JPY Discussion

vegas

Do you believe this market is random?

Now do you mean if the market is RANDOM, how would successfully and consistently profit from it? is that you question?

Do you believe this market is random?

the 450 pips rally in 4 and half days fuel by AUD monetary policy release, GBP CPI, GBP retail and GBP rate decision. image

The 10,000 Hours and Beyond Club

If the growth isn't strong enough to obtain a solid and clear rate decision target, i don't see why 101.00 wouldn't hold for another month. It has been hold for months, didn't it? Speaking of Yen, Jap's monetary policy is QE and weak yen, that would ...

USD/JPY Discussion

When did Yellen revise the forward guidance and took out the 6.5% job target? what was the support since?

USD/JPY Discussion

She is going to say something like this, retail shows very weak recovery house shows very weak recovery Along with noticeable growth in Job Manufacturing Mixed news makes no further rate decision, 101.00 level probably will continue to hold for the ...

USD/JPY Discussion

100? What drive the market? what is the currently economy condition? what does fed's next move based on the conditions on the table? now, is 100 reasonable?

USD/JPY Discussion

I say rally target at 1.3780, 38.2%. 65 pips away. image

EURUSD

BOJ’s Kuroda says. QE has pushed up demand revealed supply side constraints that had been hidden improving conditions in wages and labor market becoming more clear tight labor market will make it easier for wages to rise tackling labor shortages ...

USD/JPY Discussion

I will bet you a buck that's a fake break out.

USD/JPY Discussion

101.10 and 101.50 range is still in play. image image image I am convinced that this range is likely to be intact till tomorrow FOMC.

USD/JPY Discussion

So How much luck have you gotten in trading lately?

The 10,000 Hours and Beyond Club

that works.

100% profit

Thanks for the book recommendation. This is just one of the quotes i collect from whatever i could get my hands on. I can't even remember where it came from. But yeah, this quote is a right fit for this thread.

Do you believe this market is random?

"Trader who have learned to think in probabilities approach the markets from virtually the same perspective. At the micro level, they believe that each trade or edge is unique. What they understand about the nature of trading is that at any given ...

Do you believe this market is random?