You need to read "The myth of the Rational Market" Good Book, discusses how our professors in college are so stuck on the efficient market theory and how they are so wrong.

AHA moments in your trading career

Hey guys thanks for all the indepth responses, this is a very informative forum with a lot of smart people. Today I finally blew my first account up...oddly I feel like I just got babtized or something. My account was 3k and now is at $500. I read a ...

Your Daily Pip Goal?

Got a pending buy order at 2381, hoping to catch a breakout.

EURUSD

What usually happens when those trendlines merge? Big move in one direction or another?

EURUSD

It moved passed that previous high around 1.2341 with alot of momentum and I jumped on board. I try to keep it simple Edit:Looks like it might have resistance on this same line going the other way..I try to just react to breakouts in the direction ...

EURUSD

What do you guys think of the resistance line around 1.2385?

EURUSD

I have ruined my first small account and put what was left of it on this last trade, finally a big winner.....I consider this account as "tuition"

EURUSD

Just got trailing trailing stops hit, now I can afford a dinner at olive garden...I need to learn to just take my profits

EURUSD

The thirty minute chart shows it hesitating on the same sort of trend line right now...Im hoping your right

EURUSD

Ireland caught a Leprechaun, now he has to tell them where hes been hiding all of their wealth and prosperity for the last few hundred years.

EURUSD

I did that twice on this bounce back..finally figured out I should jump on it with trailing stops flapping behind me.

EURUSD

The reason I ask is that I have been having issues with making a large profit on a trade, then I keep it open looking for more upside using this large positive on the trade as a cushion. Then the market goes against me and turns the trade negative ...

Your Daily Pip Goal?

Short at 1.2335

EURUSD

In case anyone was actually following this, I'm still around, I am just doing more learning/reading than trading right now. Theres a lot of good info on this website and some really bright people

New Guy Making A Fool of Himself

I decided to place some trades last night around the JPY/USD to take advantage of a breakout from a range. I put a buy just above the range and one sell below with another sell below at a lower level of resistance. The first sell was triggered and i ...

New Guy Making A Fool of Himself

Thanks for the input, however, I dont know much of anything about australia or how its economy works so as Im learning I want to use the pairs that I can relate to such as usd, eur, or gbp. Im about to post a summary of a fiasco I pulled today if ...

New Guy Making A Fool of Himself