Gap looks like it may go... 2628 & 2646 up next.

EUR/AUD

Downside pressure now... battle between fibs, essentially. Northern fibs have that March gap zone (blue) that's held, although it was tested thoroughly.

EUR/AUD

Silver monthly worth addressing:

XAU/USD & XAG/USD - Gold & Silver Traders Thread

This is what I saw previous to today (note chart date): 1) We attacked that gap region (rectangle.) 2) It took some doing... sticky going.. to get through; and in fact we had a retracement (red fibs) to the 50 back, but bulls came in and said enough ...

Cable Update (GBPUSD)

Surprise, surprise...

Cable Update (GBPUSD)

Once in a while the market makes life easy:

USD/CAD

Interesting level to measure close strength:

Cable Update (GBPUSD)

I will be interested to see price reaction to 78.6, which is now clearly support.

NZD/USD

This 50 back that took us through the late March gap looks to be holding trails worth holding:

Cable Update (GBPUSD)

EURAUD update: Of interest because we'll get to see the strength of the Euro against a market stalwart....

EUR/AUD

yes, just perhaps a difficult trade to defend for a person who breaks entries and manages a zone rather than a single level with a single entry. that retest of the gap was easy money. the response was very plain to the eye.

Cable Update (GBPUSD)

Overview: Major gap worked as downside resistance... broken... now showing healthy support. Thin to the north.

Cable Update (GBPUSD)

Some confluence (with historical reference) to keep in mind for EURUSD traders.

EURUSD

^We all lack the knowledge needed to dispute/verify "potential" universal givens. Fibs and Elliot are not like Support and Pivots. Grouping these is too broad, imo. I like your overall point, and I think there's merit in there, but you must agree to ...

Why do people use Fibonacci in trading?

Curious battle when viewed on larger time frame: The battle at this 78.6 that has gone on now for EIGHT straight days.

Trading EURUSD only

Leave creativity to your art classes and piano playing. Good traders make decisions ahead of time. The act of trading is essentially mechanical... rather, mathematical. The easiest way to kill an account is to trade for "wins" over "losses." Trading ...

How to master a trading system

Keep in mind more trades = more margin requirements.

Trading in pairs?

Each pair has its own behavior. I'd suggest beginning with a single pair and moving forward from there. Know when the pair is technical, and when it is not. When it is not technical, look to another pair.

Trading in pairs?

The mark of a professional, imo. When a trader steps away from the 'entrancement' of the market and just makes it part of the everyday he or she turns the corner towards professionalism. I wish I had seen this quote when I was younger. ;-)

Volume Price Level Trading

I think even as a scalper there is potential value in breaking exits. I can't speak to the history of your trades, but what % of trades go your way? What % of trades extend beyond your goal target? Imo, the market does one of four things: (Assume ...

Improve My EXIT