former resistance area 0.9320-44. or even up to 55. All these were former resistance.. daily closed above, likely resistance turns support area. all these goes the same to yen pairs break out, go take a look on a naked chart , i think everyone ...

AUD/USD

the 5 mins bar will decide. dont seems to have power yet, usdjpy dipped to lower support earlier and bounced. maybe require home sales to deliver volatility, as its still early in us session. still have usd, need clear usdjpy's low before other ...

AUD/USD

will start selling only below today's low. Will start buying above 0.9370 if not breach yet till news release as catalyst. still have lower hi and lower lo, but arrived at potential bounce area

AUD/USD

while most ppl are speculating and presuming and holding and hoping.

AUD/USD

which? thomson reuters?

Cable Update (GBPUSD)

i definitely wont bother about what will happen and whats going to happen, i will just trade with the flow of trend with the chart to analyze good entries.. every session is a new thing, every day is a new thing... every moment is a new thing.

AUD/USD

2nd times this month... gbp made the move before news again. seriously, like that i really have to risk my buy/sell stops order 5-10 minutes before the news. Normally i plant it 1-2 minute before news as pa won't move out of range yet. But 2 times ...

Cable Update (GBPUSD)

long too with stop below 0.9360. very low risk position, wrong i will wait for support turn resistance channel instead during europe.

AUD/USD

One simple pic for share. Range = Highest and lowest not breached. Tools can be used in range = fibonacci 0 to 100. Stop loss after Highest hi for selling and lowest lo for buying. Wait for reaction at level of interest - > at high = bear actions -> ...

The best scientifically-proven way to trade range markets?

40% is too huge. If its 100k that's 40k in red. Its not even trading. More like buy and hold and hope. And tank against a trend. How often did will end up? Most will margin call eventually. Take dd as of risk per bet. My dd is 2-5% . Growth is about ...

Drawdown to annual return ratio

trading should always be this way. Your capital = Willing to risk + what you want to protect each time. Psycho yourself that you are currently on a profit of $500 on the capital of 10k. Once the equity dropped to 9.5k you might want to halt for ...

What makes you sabotage your discipline?

1% a day is quite hard. it depend on the account size and risk per dollar willing to risk. Most forget that there would be loser as well. Only winner - loser = 1% = very good! i would need an average gain of 80-100 pips to gain 1% on my account. ...

EURUSD

nice thread. 1 question, i can see that your entry and target are pretty clear, but may i know where is the stop loss? or how u apply them? Or you don't use them at all? or use avg/recovery method? if things don't go in your favor.

The clarity thread

why are people still dealing with oanda the market maker? Its a US broker, anti-hedging, and us brokers have alot of regulations. There are so many better brokers out there from well-regulated countries as well with tight spreads and good execution. ...

GBP/USD, strange behaviour 3 minutes before data release

Try to live with the market from Asia sessions, Europe and US sessions. Do it full time at least 1 month, and you might get a feel of it and in-sync with the market's behavior and pattern. Market opening and closing. News data -> very high impact ...

How and When to Take or Avoid Breakout Trades

Greed and fear! The best is to have a fixed stop loss on every single entry before the trade is taken and never ever adjust the stop loss.

What makes you sabotage your discipline?

Price behaving on the level of concern..

Cable Update (GBPUSD)

Price stalled just infront of S T R ahead of a fundamental event. this is also 38.2 fibo. Positive data likely to send price higher to test yesterday Asia's support or US's High at 1.6100 Negative data likely to challenge current support and failure ...

Cable Update (GBPUSD)

Nice chart. Anyway i am just curious, the lines are fibo or manual horizontal lines you added and renamed them or its your special indicator? .

Cable Update (GBPUSD)