What are you using to get this 'confirming'? Do you have a target? Using a stoploss? I think the eur/usd has some upside still left. It might be a relatively small range for the week. It's kinda got a tightening wedge developing on the weekly chart ...

Majors Thread: EUR, USD, GBP, JPY

I guess I should have mentioned current price when I made that statement. The move down with 1.7229 as a bottom on friday had just happened and I was looking at that as a possible bottom with a move back up coming this week. Even with the waffling ...

Majors Thread: EUR, USD, GBP, JPY

I'm not as really concearned about being seen as wrong. To be honest whether I'm viewed as right or wrong by others has no impact on my profitability. It's just that my methods often include either long or short positions depending on what price ...

Majors Thread: EUR, USD, GBP, JPY

My intention was not to create a journal where I'm the only one posting. Which is one of the reasons why I guess I'm not posting anymore. Lack of interaction. Another reason is because I find when I'm posting alot I tend to trade worse. Like my mind ...

Majors Thread: EUR, USD, GBP, JPY

Awesome break of 4hr chart TLs leads to the drop in the cable and fiber. I had only a small short on the fiber opened. The signal that triggered my shorting isn't a fully formed strategy yet as I'm still learning about it. I would have liked to have ...

Majors Thread: EUR, USD, GBP, JPY

It's kinda funny, whenever I'm sure the price will quickly turn, it wallows around, whenever I think it will wallow around it quickly turns. The cable has returned to the center of it's trendchannel(daily chart). The fiber has established above the ...

Majors Thread: EUR, USD, GBP, JPY

The Daily chart slow stochastic for the eur/usd has made it's initial touch overbought. With the gbp/usd not quite mature yet, probably will make it's touch about 24hrs I'll be starting to look for good shorting levels soon. I have a possible top ...

Majors Thread: EUR, USD, GBP, JPY

Actually now that you mention it....maybe it was my declaration of starting with 30 nuts is what kept me from dating in H.S. I don't know how we ever survived as a species.....you can't even get into a position with just two nuts.

Measuring Progress: It's all in the size of your tool

A man after my own heart! The nut trader method is actually the most accurate measure of increase on money used as it pertains to margin spent/margin profit. But it doesn't seem to convey the neccesity of how much margin is needed in the account to ...

Measuring Progress: It's all in the size of your tool

I'm not up to speed completely on any of the Vegas methods but I can see how this simple 'scoreboard' style display would be beneficial to traders. As a matter of fact I'm having a blast with the eur/jpy. If you look thru this thread you'll see I ...

VWVB Daily Chart Analysis

There is really a good chance of this going higher, Thing is though...this whole move up has been filled with big stretch-outs and lots of retracement condensation. So for me(I use CMS) I can top off with a hedge then open it back up if it looks ...

VWVB Daily Chart Analysis

For the eur/jpy I'm looking at shifting exposure from long into neutral between 140.00-25 range with an outside shot at 140.50ish and possibly taking small short exposure from these levels. I think that will be about the high for this week. ...

VWVB Daily Chart Analysis

Welcome to the forum.... I think some of the reason that people suggest smaller targets for beginner traders is because it is difficult to project longer time frames in general. Not to mention shorter trades make time for more trades to learn with. ...

Curious...

Just a little?....heh.....I'm the last one who should be pointing out mistakes...but at some point you gotta say WTF is up!...I think you are there... All I can say is that your lack of attention to detail as displayed by your post will eventually ...

which way it`s easier to make 500p a moth!!!

The euppy also is ready to make a stoch touch on the daily chart. I use that is a signal for me to take interest in a pair for reversal and I like to be aware the day before it's likely touch so I can watch shorter timecharts for best entry points. ...

VWVB Daily Chart Analysis

How is that any different than forums? People can't always be posting seconds before or seconds after they enter a position. Sometimes I see a trade develop in minutes because of price action and I have no way to be trying to earn a living and ...

Live Call room.

I'm probably one of the more uneducated traders thats posts here in regards to financial education. I also have very little understanding about fundamental forces(although I have been learning) and really find news releases confsuing altogether. ...

Ok now I am really confused

I kinda thought you might have meant something like that. Except I wasn't sure. I guess you would have to consider the context of that weekly candle and the weekly chart as well. It could be bullish or bearish depending on previous candles. Even if ...

Tunnel Vision. Independent Signals & Positioning Recommendations.