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Kofmaster replied Dec 9, 2014A daily close below 1.2450 would give a very nice opportunity for short tomorrow. obviously this move is to test ecb high volume area. Smart money need to make sure the buying has dry up before making new low.
EURUSD
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Kofmaster replied Dec 8, 2014That is exactly what I meant. I'm a retail trader trading for 7 years. I've been a scalper, intraday, swing and position trader. And my most horrible experience comes from being an intraday trader. And I believe that is not just my experience but ...
EURUSD
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Kofmaster replied Dec 8, 2014When QE is announced, does it always weaken the currency? Anyone please enlighten me

EURUSD
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Kofmaster replied Dec 8, 2014Am waiting for monthly candle to leave a long tail behind and close above the trendline.
Cable Update (GBPUSD)
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Kofmaster replied Dec 8, 2014There should be a rebound on 1.22 area. Therefore have to wait Dec candle to close. Expected a volatile movement from today onwards to the end of the month. If the monthly candle couldn't break the trendline, any sign of strength indication may show ...
EURUSD
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Kofmaster replied Dec 5, 2014I see a possibility back of upper trendline breach back to 1.25
EURUSD
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Kofmaster replied Dec 5, 2014I'm a position trader. as long as the trend prevails I win. It is almost riskless if you are a trend trader because what you are doing is trading the fact. However on the other hand an intraday trader what they are doing is they are trading the ...
EURUSD
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Kofmaster replied Dec 5, 2014if you take into the consideration of bigger lots open later and holding on to the position . Its the same buddy, its the same.

EURUSD
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Kofmaster replied Dec 5, 2014Before I trade I look at the background of the market. You need to establish a point of view whether the market are bearish or bullish sentiment. So that no matter what intervention the bank may make, the major trend still prevails. Otherwise ...
EURUSD
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Kofmaster replied Dec 5, 2014I can always get a better price. The reason I close now is because I saw there is alot more room on the downside so that I can open bigger position later due to the 1.4k pips profit I gain. George Soros once said he never get attached to the ...
EURUSD
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Kofmaster replied Dec 5, 2014You are right, but to me if your technical is good enough, any fundamental change is immediately printed on the charts. Of course I can see the benefit of fundamental now thanks to your simple explanation.
EURUSD
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Kofmaster replied Dec 5, 2014As I have always been a technical person, your fundamental analysis open a new world for me. Thank you.
EURUSD
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Kofmaster replied Dec 5, 2014yesterday 2nd attempt up make as far as 1.245 dont you have sell limit?
EURUSD
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Kofmaster replied Dec 5, 2014I was thinking that this is a great bear, but there is still more room for rally. I just hope next week do not crash to 1.22. It would be very painful then.
EURUSD