Gap shows on open. We are no open yet.

EURUSD

That's Friday's close price +/- a couple of pips. I am looking for a gap down all across the board myself. That's the only way to trap all the people who bought the top.

EURUSD

You can always use it to work out why you lost.

What business news do you read?

I don't use these indicators. So what is this divergence saying and why is it interesting to the shorters ?

USD/JPY Discussion

Why get people thinking and talking ? Why not get them trading and making profit ? You do trade, we copy. Then we make money and learn at the same time. This is very simple. You say you follow 3 ducks. The 3 ducks guy occasionally come out with ...

Why Simple is better in trading and Complex is not

Buying on a breakout retracement would be less of a gamble. As it is, they could well be setting you up for a break out to the down side. Before a major upward break they have to take out all the longs, so a break to the down side is not beyond ...

USD/JPY Discussion

If this guy is for real, why not just copy his trades ? His success rate seems exceptionally high and worth a gamble.

Trading Without a StopLoss

I don't think that's true. For forex, prices move up as quickly as it moves down. Nor do I believe brokers/dealers hunt stops. Unless they are a bucketshop who run their own prices, then why not ? There are these bucketshops in the UK who are ...

Trading Without a StopLoss

This holy grail is stupid, and scalping is stupid. I suggest you get real job. This is my help for you.

people say holy grail

I don't read books. But I am guessing this must be the origins of the random walk theory ? I don't know where I got that term from, but probably from google. The market does a lot random walking. However, it also does a lot of deliberate walking. ...

Trading Without a StopLoss

Well these Nobel prize winners were more academic than real business man. They didn't have the experience to do the business and hence failed. Running a business is about maintaining the capacity to to run that business. A real business man would ...

Trading Without a StopLoss

Don't worry. I have carried some forex for 3 months. They didn't spoil and good as new. I do nothing with them until they come into season. I see no reason to discount them while I still have room for them in my warehouse. I keep telling people this ...

Trading Without a StopLoss

My sense of direction is not as strong as yours. So I remain open to all directions. If all directions are possible, then it makes sense to keep rather than discard trades facing those directions.

Trading Without a StopLoss

I am sure the beginners will do their utmost to avoid this approach. But they will be here looking as you are, because the alternative is no better or could be worst. Sooner or later people will realise guaranteeing to buy high and sell low is a ...

Trading Without a StopLoss

You probably don't know much about professionals. Some professional hold losses, some don't. Just like people here. In the end it's not whether you hold losses that count but whether you make money. At least Samer is making progress and have a ...

Trading Without a StopLoss

Samer clearly stated he had a loss. So no need for him to go to jail in that case.

Trading Without a StopLoss

Then you have invalidated all your bets, because they all start at a loss. Why do you continue ?

Trading Without a StopLoss

It's perfectly normal for businesses to have floating losses from time to time. Can you do better ?

Trading Without a StopLoss

97% winning trades are very impressive. I doubt anyone else in this thread can accomplish that.

Trading Without a StopLoss

No, it was determined from the earlier part of the thread that it is not possible to predict how long or how deep something will remain. So if you choose to take a loss, it is not necessarily the right decision. For people who persistently taking a ...

Trading Without a StopLoss