just trading what i see on daily chart. have no time to analyze fundies and have no wish to do that. i am not an economist or investor. trend is down, so shorting on bounce. short at .9165, stop loss set. if lose 10-20 pips, no big deal.

Aussie Trading Room and Cartoons Gallery

i do not see anything exciting about 50 pip spike. shorting this junk.

Aussie Trading Room and Cartoons Gallery

Your Brain, Trading and Finding ‘The Zone’What It Takes to Become A Master "Ever heard of the name Anders Ericsson? Perhaps not, but i’m guessing you heard of the name Malcolm Gladwell, author of the bestselling books Blink and Outliers. Gladwell in ...

Forex Trading Philosophy

there is a difference between volatility and momentum. volatility is, as said earlier, disproportional flow of huge amount of money in both directions. momentum is one direction biased influx of money. usually volatility happens during unclear, ...

1 min scalping: Your opinion and what to look for

yesterday's charts did not unfold well, lets see these ones

Aussie Trading Room and Cartoons Gallery

3 short positions open from .9250 and letting all of them run

Aussie Trading Room and Cartoons Gallery

i see only sellers for the last 7 hours

AUD/USD

this indicates news is not the main thing that moves the market. market uses news only to increase the speed in its direction if news is in favor. if news is negative it does not give a . and will continue on its way. all news stuff gets filtrated ...

AUD/USD

i took the chance whatever it is

Aussie Trading Room and Cartoons Gallery

ataata, i am happy for you that you are making profits on 1M chart, but remember the joker of the small TFs is the spread. it is probably more logical to trade small TFs since they contain more information about price behavior and volatility can be ...

1 min scalping: Your opinion and what to look for

interesting discussion. is it uptrend or downtrend? the king of the questions. i will give away the answer and won't ask anything in return. "it is both uptrend and downtrend at the same time". also read my signature. this should ring bells.

AUD/USD

if it does make sure to close all your longs before it is too late

Aussie Trading Room and Cartoons Gallery

this can be just liquidation of some open short positions and a waiting game to short at higher price. market never moves smoothly in one direction.

Aussie Trading Room and Cartoons Gallery

you had an option: either take what you have or risk that profit. you did what you thought is right. i was shorting this with profit, i let it run but died at BE. letting profit run may cause you lots of BE stop outs, if you are long term trader it ...

AUD/USD

if you are talking about the trend on daily chart, even 100 pip up would be only a tiny bounce. talking about reversal is too premature at this point.

Aussie Trading Room and Cartoons Gallery

agree. keep shorting as long it goes up. this spectacular down trend will not change in one week. i consider the 3rd higher low on weekly as a possible trend change. so far we have not seen even ONE higher low on weekly. one may short this at any ...

AUD/USD

i am in

AUD/USD

we give ourselves a question: there must be a solid rationale behind the price action, what is it? we seek answer from fundamental and technical analysis, news, indicators etc. soon find ourselves in a chaos, total mess: things do not work as we ...

Forex Trading Philosophy

chart is like a 3D image, when you master it you will see the real image which always has been staring at you. CP, thanks for your participation. I (and i assume few other occasional visitors of this thread) would greatly appreciate if you can share ...

Forex Trading Philosophy