No news from what I can see. What I do see is excitement due to this drop in EU but it has merely touched it's main pivot which is the FIRST pivot touch since the market has opened. I myself was wagering on the sell and made a quick 40+ pips by ...

EURUSD

It has broken to several times today.

EURUSD

I see. Sorry for misunderstanding your statement.

There is No Edge in a Single Candlestick

My pleasure... Based on the method which I use. I simply await accumulation on the 5m chart.

There is No Edge in a Single Candlestick

Has anyone noticed since the recalculation of the daily pivots during AUD open, EU has not touched neither of the pivots which it has traded between. So save some pips, why not short at the r1 pivot...

EURUSD

Hello sir. I personally would disagree with your comment. Only reason being is because 1 candle will give you the only "tangible" thing you can use in forex. That "thing" would be a confirmed reversal or confirmed extension. I have noticed that you ...

There is No Edge in a Single Candlestick

Very well said sir. My question to you would be based on something you mentioned not to long ago. Do you believe that the higher tf gives birth to what we see on the lower tf or vica versa?

EURUSD

I think understanding the market (core of the market) is understanding the lower tf. Most people say the lower tf has to much "noise" which makes it stressful to trade. Yet within that noise there are patterns where if traded you could enter inside ...

Profiting from an unpredictable market?

For those of you who are into "picking tops and bottoms". Say before hand you have your guy on a price to short say EUR/USD. Once the price reaches that price, why not SHORT once the green/red candle which touches your target is engulfed on the ...

Profiting from an unpredictable market?

My word Gspajon I would not of said it better myself. It would appear we ignore the only simple "givens" in forex. By doing so we win less times then we should, and end up holding losses for way longer then we should.

Profiting from an unpredictable market?

We can see that the "Pump before the Dump" saying HASN'T applied to eur/usd two of the last 3 times.

EURUSD

50 dollar a pip and red over 250 pips. He is going to have a horrible weekend.

EURUSD

That is the definition of a good broker. The twist is the brokers which have everything you mentioned are not "mainstream" brokers. A lot of these brokers which you see in AUD OR RBL are the best ones.

Difference between ECN and retail broker?

As we move forward past NFP. Ask your self the following questions and try to come across it online, as most people google search anyway. 1) How many lots could all the money which ever existed buy all the lots of EUR/USD? As in some sort of ...

Profiting from an unpredictable market?

Thank you once again for your response. What you've mentioned is the basics of my trading. So much so, that it makes everything else everyone is doing seem almost "silly". Which now leads me to expand on what it is you mentioned. If we know the ...

Profiting from an unpredictable market?

I would have to disagree with your statement about having to take large risk. If you simply risk about 7% of your total account value per trade, if you win you would earn about 5% of your total account value once the contract expires. 5% a day is ...

5 minute binary option trading with good win ratio

I believe it to be yes. Only reason why, is because scalpers typically trade price action, instead of data. So many people right now on the EUR/USD thread are saying that this move up on EUR/USD is a "pump" before the "dump" tomorrow. A phrases used ...

Why 2-8% a Month Should Be Enough For All Traders

If I may chime in. Many people have spoken about the "black swan" event which of course should be the overall fear of every trader. Yet, simply looking at the probability of it happening to a scalper or a swing trader tilts much more against the ...

Why 2-8% a Month Should Be Enough For All Traders

Hello gspajon.. I have taken the time to read the last 3 weeks of post over at the EUR/USD thread. I am utterly shocked at how many people use words like "It will", "It won't", "It can't". My question to you is as follows. Do you think that most ...

Profiting from an unpredictable market?