And what does work? Probably it's something unassailable. Such a question does not need an answer and can not be rhetorical. One of the greatest forex uncertainty.

The Power Of Elliot Wave!

Of course, we can say that every minimum, if it is not the last, is the beginning of growth. But I believe that a trader should be able to take risks and know the price of his risk. After all, if there is a chance to endure a drawdown, then you need ...

Drawdown: how does it affect your trading and account

Yeaaahh, I am! but only during the first several seconds when I trade

Are you a guru at trading - vote

I like to use trailing stop. I lose a few points if the order is closed on correction, but at the same time, I can always open a new order, It is more convenient for me from a psychological point of view. I like to look at when my stop-loss is in ...

Who is best ? stop loss or trailing stop

I would like to say that the forex is unpredictable, but if I say this, then I must agree that all my forecasts are a complete bullshit and trading - this is meaningless.

Random vs Predictable

We can not talk about what is realistic and what is not. There is such a thing as statistics and deviation from statistics. If we take the average between all points, we get the profitability of the average trader, but this will not be correct for 2 ...

Realistic Account Growth?

You can use the method of substitution of emotions. If you are tormented by fear, then you can use the switching of attention to funny moments in order to replace the feeling of fear for joy, also, you can use every situation as an excuse for a ...

control greed!

Winston Churchill has another great phrase. "If you're going through hell, keep going."

Giving up?

I hope that today the candle closes below 114.23. Breakdown of this level will be meaningful, now I see only a false signal for the bullish movement. image

USD/JPY Discussion

A good trader trades and make money with his/her mind. A bad trader cant earn and try to find another profit source on forex area. Very often we are trained by those who have not achieved anything independently. This is sad truth, and that is why we ...

"good traders trade, bad traders teach"

The market has different periods and has different behavior at different times. If someone could know about when the market will change the mood, then this person could only trade with one tool. I think that such talented traders are those who make ...

Can you trade only one pattern and be profitable?

The price will probably play a level of 61.8, so now the forecast is more for the bears. But at the same time intuition tells me that the fall will be up to 50% image

EURUSD

I used fibo to find the levels. Also I know that Gann fan is a good tool too. Try not to rush to open a deal when the price is at a level. Let them lose a few points, but it's more secure. If you are trading on large timeframes, then do not hesitate ...

Suggestions for trading support and resistance

USD/JPY began to decline to the middle line of my Bollinger. In addition, the price has reached the level of 50% by Fibonacci. Touching to the level of 50% is a signal for the reversal of the chart. Therefore it seems to me that the market will ...

USD/JPY Discussion

Haha This is your right This resistance is still far enough. It is possible to trade buy until reaching 1.3336. (183 pips)

The Strength of USD

I put my pending orders regardless of the time of day or the session. I use the tactics of arranging pending orders close to significant levels in the market. Usually, the directed movement of the market begins when price breaks through or rebound ...

When do you place your pending orders

My forecast for EUR/USD is that I expect a bearish movement during this day. I think that at the next American session, the dollar will return positions 1.17700. My opinion is that the EU will not exceed the resistance today 1.18220

EURUSD

Opened GBP/USD on 1.3158 SL: 1.31246 TP: 1.32098 I think that the horizontal movement will continue. And there will be fluctuation from current price levels to 1.3220. image

The Strength of USD

It looks like bulls. I'm selling buy from 1.3274. I see a confident upward move to at least 1.3329 image

The Strength of USD