I¡ve just drawn exactly the same pattern on my chart. NU's already gone a long way since Tuesday. However, any entry on a USD pair before tomorrow will be extremely risky. Given the adverse Dollar sentiment any slight miss may slash the last USD ...

Any Naked Traders in here?

One terminological question if you don't mind: what do you mean by a kangaroo tail? Is it what is also known as a Pin bar or hammer or is there more to it. Second: what do you guys think of Crude? After having formed 2 LH and 3 LL on the 4H chart it ...

Any Naked Traders in here?

Hi Shemski, congratulations for your thread, definitely worth following. I've entered at 162.2 at the 113% extension of the previous high (one of my favorite setups) Good luck!

Any Naked Traders in here?

Sorry, I didn¡'t mean to bother you, just wanted to make sure if I got it right. Please do keep posting live trades or at least don¡t stop because of me Damn, this Aussie's gon a long way, and still doesn't show a sign of weakness cheers

TMS for M30 charts

Nice indeed for the time being. Just one tihng: you took the short after a TDI crossing above the 68 level (against licica's criteria) as well as above the 10 EMA and without waiting for a red Grab candle (against your own criteria). So did I get ...

TMS for M30 charts

Hoeness probably was far from being a trader in the first place. No trading style is known, nobody knows how he could make that much money so fast. Forex experts doubt it's possible. As for the losses nobody even knows they existed. For those who ...

Do You Know Any Millionaire or Multimillionaire Forex Traders?

I do know a Forex millionaire. He's German and his name is Uli Hoeness

Do You Know Any Millionaire or Multimillionaire Forex Traders?

What amazes me is that after 2 years and 134 pages of thread there there are still people stepping in dropping phrases like: "oh yeah you gotta use a SL", "oooh it's very dangerous" "oh yeah, it can go well until it goes wrong"..... etc. etc. etc. ...

Trading Without a StopLoss

url The best explanation of the subprime crisis EVER! And at the same time, British humour at its finest

A Traders Life

Well done, Davit. Good to have you back!

USD/CAD

Short at 1208.2 SL 1213 Rationale: General bearish bias from my side. Engulfing bar 4H with retracement 61.8% Confluence price with 35/50 EMA and 200 SMA on the 15Min. Cheers

Only Gold!

I got this message from my broker today (sorry if anyone already posted this for I didn't bother to read the entire thread): Management of Dukascopy Group has decided to take an exceptional decision to cover negative balances on client accounts ...

Brokers chasing you for negative account balance

With a guaranteed SL I guess you refer to the stops IG offers. But don't think they won't charge you for that. A guaranteed SL is infinitely more expensive than a normal one, so it's not a definite solution either. It all boils down to having a ...

Trading Without a StopLoss

Can't agree more

Trading Without a StopLoss

Not really "known", but figured out. Just take a look at EURCHF chart... likely on the verge of ECB QE and the Greek elections 3 days after. Pressure on EUR can likely be too strong to defend EURCHF floor. Don't get me wrong: I don't pretend to be ...

Trading Without a StopLoss

Dear Mr. Nyamu, indeed the CHF decision will have made a lot of damage to the accounts of many traders. But who are you to laugh about their fate, simpleton? Wishing other traders the loss of their account is very bad style and clearly not ...

Trading Without a StopLoss

One point you're missing is the high leverage of US shale oil extracting companies. Low oil prices put these companies under enormous pressure. And when they go bust, US banks will be left on a mountain of foul debt. Some say that writeoffs from ...

Trading Crude Oil with price action + indicator

Dukascopy stealing your money... these are strong words. Can you elaborate?

EurAnalysis

I'll sell into the 113% extension at 1215.8. Let's see if we get there

Only Gold!

Smash, you're being pathetic! This forum is about free opinions. And if Ullen thinks that the trend is his enemy, then so be it! In fact, if you're a counter trend trader in a way it is. But that doesn't mean that newbie traders are fooled into ...

Counter-trend trading