So true ... I said the same thing about a week ago.

EURUSD

True.

Starting trouble: How much deposit is good enough?

It could be a retract. Some retracts are good/normal and others are crazy (like the on we had 2 days ago.) The traders I know thought the "overall" trend was turning. They're funny. That retract was 300-500 pips in a day. (I can't remember and too ...

EURUSD

I agree — I agree. Never trade against the trend. Jacko taught me that. If the market is ranging, always bet on the overall trend (which is down), you can't go wrong. Wait for a retract then jump back in. Well may be, if the market goes up for ...

EURUSD

I wish — I wish one of these banks/institutions/hedges funds would push the market in my direction. Tired of fighting against them.

EURUSD

scalping — I hear that scalping a ranging market can be very profitable. Unfortunaly, I never developed that skill set. Would be nice to know it, though. The few times I tried it ... it just didn't work out.

EURUSD

1.2767 — LOL. Im sorry ... major typo. I mean't 1.2767 oh and lookie ... It retracted alrealy ... but just under my order. Well, I'll just wait for another setup

EURUSD

Retract — Overall trend is DOWN Waiting for market to retract back to 1.1767 Then place my pending sell order

EURUSD

Money Management — I've been trading fx fore a year now and the one thing that sticked with me was MONEY MANAGEMNT. I realized very early in the game that, it does not matter what system you use, all that matters is how you control losses. I ...

EURUSD

Oh ... Its done Already — Oh no. Its done already. Thats its. I was long all moring. Got out with a descent amount to pips. Got out. Waited for another long set up, and sure enough got it. I press the "market ask" button and NOTHING!!! My ...

EURUSD

I suspect this upoming week will be all about the US Dollar. You've got the elections, ISM Manufacturing PMI, ADP Non-Farm Employment Change, ect.. The elections alone will probably move the eur/usd down about 200-300 + pips for the dollar. And I ...

price trend & USA election

Depends on the programming. When I started trading, I used scripts based off of indicators. Now the problem with that is its just a script. It doesn't evolve based off of past trades. It doesn't learn/adjust to what works and what doesn't. All it ...

Trading Robots what's your opinion on this?

Wow... fast pair. I usually trade e/u and u/j. Today I was looking for a pair that moves fast and has less spread than g/j. I agree with sonic ... I've been watching this pair all morning (London session) and you can't go wrong. Daily trend show ...

EUR/JPY

It is — It is a legit. My advice is to follow the big boys (banks, hedge funds ect...). All the big players use s/r. It will give you an idea of where the market might be heading. Always follow the money.

Do you believe in Support and Resistance?

Lesson Learned — During the London session I was buring the market with 500 pip moves a minute. Afterward the market burned me back. Taking back that 500 pips. Oh the Irony.

How many have burned their fingers today ?