Price is near a major trend line support as illustrated on the attached weekly chart. image

AUD/USD

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AUD/USD

By no means would I dare say the trend is near over, but it seems to be getting a little support here. I might just close shop on this pair for the rest of the year.

AUD/USD

To everyone: Happy Thanksgiving. To Bulls: thanks for giving :-)

AUD/USD

Have a good Holiday week everyone! Trade well and be safe.

AUD/USD

Holiday week. Have a good week and make some money everyone.

EURUSD

You just told the story of pretty much every trader. It seems to me that you know where you made your mistakes. You were unrealistic in your expected returns and that resulted in overleveraging your position. I could give you some specific ...

Right now, I feel that I'm the biggest loser in Forex

If you're using a chart more simple is possible. Just sayin'.

More simple is impossible

Because she says so... image

EURUSD

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AUD/USD

Don't question him! Don't question anything! Just do it!!

EURUSD

Speaking of gaps... image

AUD/USD

Let's ride this thing down. We still have a way to go for weekly consolidation to reach its bottom target. Bank those pips while the mice try to eat the small cheese on the trap (aka swap).

AUD/USD

You are not wrong. Anyone can choose to trade the way they want. With that said, I have yet to meet someone who is profitable long term by trading against market trends. Now trading with the market trend is usually trading against retailers trend. ...

AUD/USD

This. Also equity market has been on a good run. Some might call it a bubble. Look at 5 year Dow chart.

AUD/USD

If you found something that works for you that is great. I personally find intra-day trading to be too high cost and too much risk for the reward - especially if you are trading on leverage. I came to my conclusion using math and like the ole saying ...

AUD/USD

On a day to day basis it can be unpredictable. However in certain circumstances it is predictable enough to trade. Then you need to know how to trade. Trading is not for most people.

AUD/USD

When you trade as long as I have been you don't get nervous.

AUD/USD

New high meant nothing. It was a month high, but not much more than that. Today's move nullifies any sign that market movers are bullish. They don't want anything to do with Aussie dollar. The way it sold off today illustrates how overvalued the ...

AUD/USD

What a beautiful move today. Classic set up. Set up the bull frenzy and then pull the rug from right under them. We're in the middle of a VERY STRONG trend right now. I'm very tempted to add to my position right now, but I will be patient and wait ...

AUD/USD