Amen! I am not as rich as you are but I go all in at 1:50 leverage, the max of my broker, and if the going gets better I keep buying more with the profit. I sometimes average down and do not believe stop loss works. Stop loss and 2% rule should only ...

Are there any Large Lot Traders here?

Looking for this to go up till 110.58 next week and retraction the week after. Buy the dips and hold till the rate hike is announced. Perfect buying the rumor scenario going on at the moment. Be sure to sell the news and not anytime before that.

USD/JPY Discussion

Price in a weekly downtrend. Rate decision still pending. Few months to new year. Please raise hand if you think EUR will reverse anytime soon. It is sometimes that simple.

EURUSD

Contributing after a long time. Imo, this is a monthly/weekly downtrend taking us all the way to 1.25 possibly below to 1.22 which will be a weekly support. This trend is expected to continue through the rest of the year or rate change whichever ...

EURUSD

I have been around but posting after a long gap. Looking at the long:short ratio in leading brokerages and the chart, there is absolutely 0% chance this is going to go down from here without testing at least 1.39, more likely cross 1.4, squeeze out ...

EURUSD

image PA sandwiched between SMA and bollinger band. SMA wins. USD/JPY in the evening.

Old school trading journal

For those who follow this pair closely, does it react to australia news much? Gotta decide on some stops for the upcoming aussie news release.

NZD/USD

Thanks for pointing out that spike. Usually it retests that level soon after. I was at work so this is a bit late in the game but still quick 20 pips left to skim.

EURUSD

They even have a graduate course on trading. Maybe they are awarding PhDs too.

EURUSD

Feeling more comfortable now. Long @ 41 with 10 pip stop.

EURUSD

The hourly is soon going to close under multi-session low. You decide. ETA: It didn't so yes we still are.

EURUSD

That's gutsy! I much rather play it through UJ and with the trend. Long at 104.21.

EURUSD

Are you suggesting drop before the pop. I am still thinking pop before the drop. To me the PA over the last several days has not been bullish but a lack of sellers. The only question is when do they start the show. Anywhere between 1.375 to 1.38 ...

EURUSD

Technically speaking, we haven't even tested what the bears have in store for us at 1.37. Let it close above 1.37 for pete's sake. Check out the PA and be ready to scalp (or SIT) the entire 1.37 to 1.38. Go short after it retraces below 1.37 or go ...

EURUSD

That part is not true. The trend is clear, if you can call it that, only in the daily and weekly. When do you see signs of reversals first? On shorter time frames.

EURUSD

"What have I done, to earn such disrespect?"

EURUSD

Just like anticipating a reversal can be a dangerous, a straight arrow could also be an illusion . In any case, point well taken.

EURUSD

Might as well be in the bend right now. So hitting 1.38 and retreating will be a perfect signal.

EURUSD

Adjusted my sentiment. Still short focussed but currently in a long scalp position @1.3676 and will play it as it happens. Short at 1.3719 cancelled and first entry moved over to 1.375. PA is king so will see.

EURUSD

Will open short at 1.3719 and 40 pips thereafter. It seems to have touched 1.3699 and not retreated much. So obviously it is looking for higher grounds.

EURUSD