I'm currently attempting to judge the pullback to see how much it bounces in relation to oil and euro, however after this strong move, and only 20 mins remaining of London exchange hours the opportunity may have passed.

USD/CAD

I trade this pair very short term. Nice spike down so far this morning on oil pop, nice correlation.

USD/CAD

and the hidden message is that you can't pick tops well and if you are seasoned and doing ok, you know this already and therefore you stop attempting to pick a top for your exit, but you take your profit when you have it, or at least partially, then ...

Should I quit trading forex?

If anyone really knew ahead of time what they were in for, no one would do anything.

What Would You Do Differently Today for Better Trading Results?

...and that's why I like forex so much, we are able to have very small, real money accounts with leverage and use on-chart trading with bracketing entered along with the trade entry, it's the best way to learn out of any other trading, no minimums, ...

Why 95% Of All Traders Fail

first step is awareness of the feelings by journaling them on awakening and increasing my sensitivity to them, not only regarding trading but other times also. Determining what the baseline of my emo is/was and why and how/why they get amplified, ...

How to Become Emotionless

It helps me to have shifted my types of emotions and reduced their intensity, but they are still all going to be there and they also can be all in conflict. So it becomes "management" of them, for me....

How to Become Emotionless

since I only have a small fraction of my capital in my account, I can reload if I need to, so I risk more of my account than 1 or 2%. But when I was having more trouble, yes, it was 5% or less so I could trade the smallest size and still "practice" ...

How Much Do You Risk Per Trade?

"under-capitalized" I don't agree with because of the exponential growth potential of compounding account percentage

Why 95% Of All Traders Fail

it took me 8 full-time years to slowly reduce my gambling and start to use more thinking than feeling

Here's the answer to "Can I make a living from forex"

my chart doesn't fill back to 1984, was it tested enough or does it need to test again, or maybe break it?

Cable Update (GBPUSD)

I tried, I'm still trying, I just gotta say I'm glad to have found this thread so I know it's not me.... My problem understanding Al is the subject he is referring to in his phrases. I get lost very soon in his phrases he uses to refer to the ...

Anyone Study Al Brooks' Price Action Course?

One of the articles linked from FF mentioned that it was on low volume. One of my rules is to not hold positions outside of NY and London market hours because I've been shaken out on low volume moves enough times. Spreads are very wide also during ...

Cable Update (GBPUSD)

there are small adjustments and there are large ones for the technical side, the psychological side, mental, and physical/nutritional. one example in tech is that today, there was powerful trending with more than the typical correlations which were ...

What Would You Do Differently Today for Better Trading Results?

been changing weekly for 8 years, I'm not doing today, Thu., that which I was doing this Monday...

What Would You Do Differently Today for Better Trading Results?

I also shorted in the same area, but only scalped it for small gains and I'm out. I also look at longer time frames, but one of my errors had been in the anticipation of the LT pattern to form before it completes and I traded the short term too ...

My Market Beliefs and How I use them

nice continuation, wasn't expecting 2600 today, I wasn't watching it, saw it too late, scalped a yen instead, another nice day in fx

Cable Update (GBPUSD)

after pause, it increased volatility and continued up with correlations continuing, I wasn't active, but scalped the pop at bonds close enuf for a phone call

USD/JPY Discussion

a pause here at 10:30 ET, equal high with prior 5m, final London hour likely sidways

USD/JPY Discussion