image Yes, this is area of decision. Can go either way. I favor long side now as we are near solid support level 1.20.

EURUSD only

image Put on long position at 1.2059. It's early so I will leave some wiggle room with stop under 1.20. Maybe a double bottom, maybe not.

EURUSD only

image 4 Hour chart shows broken uptrend as now has higher lows and lower lows. Unable to take out old support yesterday so I am thinking range trade. Daily chart still showing buying is easier than selling for direction but either way trading on 4 ...

EURUSD only

Stopped out. Waiting for next signal

EURUSD only

image Still has a bullish look of higher highs and higher lows. Watching for any sign of weakness. Added to the position on the last dip. planning to add more if it keeps going. Moving stops to 1.2100

EURUSD only

image It's easier to see the levels on the daily chart

EURUSD only

image Price has some resistance at 1.2165-75 area to work through. I like the 1.2222 area to lighten up the position as I think it will probably retrace from that area before continuing up. It's a bull market you know!

EURUSD only

image Very nice reaction with solid body up candle and tiny wick on top. Moving stop now to 1.2085 to guarantee 10 pips profit.

EURUSD only

image The movers cannot repeat same pattern as last years start exactly because everyone would be on board and no way to get the traders money. So a little run up first to create an impression that this time it's different. But eventually they ...

EURUSD only

obviously we will get the usual bullish USD move on new year to crush the bears. Wait. Patience

EURUSD only

Obvious change in chart. maybe repaint

Trading Made Simple

image Just beginning. This is only getting stronger now. Euroland is the best bet in 2021. I am closing out all positions now (I had bad experience that many can learn from but none will). Happy New Year. Time to Party!

EURUSD only

Classic Morning star pattern. You may try to scalp some shorts here but don't stay too long on the short side. The trend is up from the reversal pattern and the USD bears are very happy with the almost assured Biden win. TA and FA both point higher ...

EURUSD only

Monthly close has inverted hammer, bearish. The price is now at a major support area so more downside may be limited. image Weekly has a squeeze pattern with the big bear candles engulfing the last four candles, very bearish if it closes the week ...

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Fear is controllable. Greed is controllable. You just are not there yet on this journey. A real awakening in you mind will occur when you realize, what you saw as fear was greed and what you saw as greed was fear.

What Was Your Turning Point In Trading

My schedule has kept me busy but I Will try to revive this thread or maybe start a new thread.

Can YOU make money as a professional trader - Redux

Yes we can but as you know, we need confirmation. It will take another closed candle to confirm a downtrend.

EURUSD only

My failing was when I pushed and over traded to meet my quota which was 10% gain per week, which kept me from cutting my losers quickly. The turning point was to never, ever, have a profit target other than the trade I am in at the moment.

What Was Your Turning Point In Trading

Just run your own race. If you want to update, do it. If not, that is ok. If you let the naysayers get into your head, it will ruin your career. You can't win an argument with the loser. They will drag you down to their level and beat you with ...

+1000%? It's Done Now, +10000% next?

I was trading short Euro so would have been a good trade. But the trading rules I had for this took me out. No problem as long as I don't break the rules.

EURUSD