Nice bull run up so far. Closed out a few shorts yesterday when it was testing the 4H trend line. I didn't want to take any chances with the FOMC so I have been basically flat since I closed out the shorts for a small profit. Anyways, here are my ...

AUD/USD

ECB Meeting Doesn't Change the Euro's Ultimate Fate — ECB Meeting Doesn't Change the Euro's Ultimate Fate by Tom Essaye The ECB pledged to act forcefully to defend the EU and euro by potentially buying bonds to reduce crisis-hit euro-zone ...

Third Screen Strategy - Dr. Alexander Elder

Hello Vladutz, Below is how I would normally take a trade using my strategy. As you can see below in my chart, I look on the D1 chart for the MACD to cross over. Once it is clear that it has crossed over, I will enter positions on the H1 chart using ...

Third Screen Strategy - Dr. Alexander Elder

I'm right there with you Ken! I had a rough last few days but decided to open a small short position. If we get more upwards movement I will scale in a new position every 40-50 pips up to 1.06 or so. If 1.0650 is broken I will close out all of my ...

AUD/USD

LOL Probably... Good to see you in the AUD thread Ken!

AUD/USD

I rarely come across a dish I don't like... Now those look good! Alright guys, be back in about an hour or so, headed to the kitchen...

EurAnalysis

Looks like I'm late for dinner... Enjoy!

EurAnalysis

Hey Ken, No worries brother! We are all just doing the best we can to figure out where the markets are headed with the information presented to us. Hope you have a fun and profitable week of trading!

EurAnalysis

Hello Vladutz, I normally put a SL anywhere from 150-180 and a TP anywhere from 250-350. When positions are moving in profit, I will scale in anywhere from 4-8 positions depending on the strength of the trend. Normally I will have 4 positions open ...

Third Screen Strategy - Dr. Alexander Elder

Just curious Ken, why do you see a gap up for AUD? China's data was bad... Also, due to the fact that there was not much consolidation for the AUD after Thursday and Friday's bull run up (which was news driven because of ECB) I just don't see how a ...

EurAnalysis

China Data (9-8-12) — 2 events where actual was the same as forecast 3 events where actual was worse than forecast Due to the fact that there was not much consolidation after the run up on Thursday and Friday, I am expecting a gap down on ...

AUD/USD

AUD Commitment of Traders (9-4-2012) — Yep! Let's see what happens in the next 15 minutes with Fixed Asset Investment and Industrial Production. Attached is the most recent COT report for the AUD...(more confirmation that even some of the "big ...

AUD/USD

Ahhh.....thanks! I agree with you then that 95% of life's success is due to higher EQ

EurAnalysis

Enjoy the weekend PT! Hopefully it clears up a little, kind of rainy with grey skies so no beach for me today... Maybe I'll take the family out and spend some of the pips, err, I mean cash I made this month.

EurAnalysis

Sorry Luis, what is EQ?

EurAnalysis

I completely agree with what you're saying here. In life, success is 80% psychological and only 20% mechanics. It is no different with trading, like you said, this is where most traders fail. Business is all about energy, positive energy and ...

EurAnalysis

As long as you can hold off until September 13th I think you should be OK. Have a look at this article I just posted on my thread. Hopefully it will raise the morale... url

EurAnalysis

Central Bank Fantasy Land vs. Real World Nightmare — Central Bank Fantasy Land vs. Real World Nightmare by Mike Larson Never before have I seen such a divergence between the "fantasy land" world central bankers and their faithful live in ... ...

Third Screen Strategy - Dr. Alexander Elder

I understand what you're saying. I agree with what you said, "be a master of one instead of trying to be a Jack of all..." There are obviously different ways to teach just like there are different ways to trade. Keep up the good work Strat.

Strat's Long Term Stress Free Trading

Thanks PT, I'm going to read through this right now.

EurAnalysis