Differentiating trading and gambling is easy enough. When you place bets as if you are in a casino: place bet, wait a while to see if you have a winner, that's gambling. Trading on the other hand involves taking a bet and then use active measures to ...

EURUSD

Shhhh. Real traders don't argue. Real traders are too busy counting pips.

EURUSD

I can be wrong and still make pips. What if you are wrong and they decide to retest today's top ?

EURUSD

I told him what's wrong. I said they will chew at his stop.

EURUSD

They are in storage. Depending on the situation, I am somewhat inclined towards increasing inventory on that line.

EURUSD

I am observer of pips and maker of random decisions about when to take them. My trades are diverse. All my winning pips today came from GBP, AUD, and HUF. I also ran down my inventory of eur/usd longs. Now I can withstand a 20k pip move against what ...

EURUSD

More than likely it will bring you more losses. In a thin market like this, all they have are your stops to chew on.

EURUSD

I am nearly extricated myself from eur longs. I need it just a little bit higher to finish the job.

EURUSD

How are them doji's looking for you ?

EURUSD

Not disgrace, but more noob. The best discovery I made in trading was that when things don't look great, you don't even have to unload. But what you must do is to stop loading more.

EURUSD

Why load more when it doesn't look great ? You know something we don't ? I hope we are not in gambling territory now.

EURUSD

GBP is coming down from cloud 9. EUR will have to follow soon.

EURUSD

I am definitely greedy. But the greed did pay this time though. Ended getting 3-4 times the pips first thing I logged on. But eur/usd did not behave as I hoped. So it still owe me the pips.

EURUSD

I am done with watching the paint dry. I'll sleep on the profits and see if they get any bigger when I wake up. But I am breaking my profit taker's rule of not taking profits. I have a feeling something interesting might happen.

EURUSD

Of course, you should know I meant the enthusiastic longs in eur/usd, */jpy. The mouse trap could come down rather quickly. If people want long, I'd go aud or cad.

EURUSD

Well the doji's are correlating with the cycle causing the turn around. I don't see the problem. I am no candle expert so I apply my own rules that say it is turning around. Surely you can see for yourself them candles are not going anywhere ? ...

EURUSD

I think it's turning around across the board, except CAD. CAD strength is justified. When will longs start to call it quits ?

EURUSD

Erh, I didn't mention candles. I mentioned cycle.

EURUSD

NZD often have large spikes on closing or opening. No idea why. But it's normal for NZD.

Cable Update (GBPUSD)

Don't worry, I won't make it your job to risk my money. You risk you own money and I will follow. There's no easier way to learn to trade than actually doing trading. If you did follow 3 ducks recently, you would have had a winner. He shorted ...

Why Simple is better in trading and Complex is not