1.08 seems reasonable.

EURUSD

Trading is easy when you limit your pairs and learn patience in waiting for the right setups.

EURUSD

There is a right way to do this, and there is a wrong way to do this.

EURUSD

You are right.

EURUSD

How do large institutions trade Forex? They hedge. They are not trading in only one direction, but in both directions. Why do they do this? Because they deal in millions of dollars, and can't fill all of their orders in one shot. Some call it ...

EURUSD

If that is what you call 'help', then you probably should cease and desist from trying to help others. And what makes you think he needs your help? I have an idea for you. Focus on your own trades. If people want your help, then they will ask for ...

EURUSD

Try other pairs. EURUSD is not worth the trouble. Other pairs are trending nicely, such as AUDJPY, GBPJPY, and EURCAD.

EURUSD

Based on this information, if Techanalyst returns, and I will likely know it if he does, and shows self-control (no more verbal abuse towards others), I won't call him out or report him for coming back under a new username. Even though he has caused ...

EURUSD

I have no doubt you would get yourself into trouble over this. Don't do it.

EURUSD

Well, I can't say I am surprised. I would be OK with Techanalyst returning if he would be respectful towards others. Seriously. But I don't think he has the self-control. As for your demo experiment, that is quite interesting! I think you will ...

EURUSD

This thread is getting childish again! Please, stop trolling, and focus on trading. Things were going well in here for a time. Let's get this thread back on track.

EURUSD

Good point.

EURUSD

Techanalyst has had his share of bad calls. That being said, Techanalyst is a good trader, but his attitude in here sucked. The way he treated people who disagreed with him was abhorrent. And he paid a price for it by getting his membership revoked. ...

EURUSD

I agree with everything you said except the demo part. I am of the opinion that it is better to trade the smallest lot size allowed by your broker than to trade demo, because psychology plays a critical role in the success of a trader. When you have ...

EURUSD

But you will lose a trade at some point. And it could turn ugly fast, erasing profits from many winners! I would never risk this much for 10 pips.

EURUSD

Every system deals with failure. But failure doesn't necessarily make the system a failure.

EURUSD

You can always do both. Just keep in mind that overtrading plays a key role in wrecking an account. Discipline is needed. You have to know when 'enough is enough'.

EURUSD

Indeed! I think the key here is to not get greedy. Just because you think you can get 60 pips, it doesn't mean you will, nor that you should try. Why not 30 pips instead? And then you can go for another 30 the next day. When you get your pips, then ...

EURUSD

I have come to the conclusion that, despite what some people have been saying in here, day trading is where the real money is at in this business. The Daily chart gives direction, and the 30 minute chart provides the entries.

EURUSD