Good plan - IF 1.0640 is reached.

EURUSD only

Go ahead and paint my friend because this elevator has risen to almost the top. If DXY doesn't fall below 103.00 then the E/U continues to fall. (IMHO) My long last night "would" have been profitable but I went in too early and got stopped out - ...

EURUSD only

If the market doesn't follow the dotted line then....change the line to follow the market... Hey I'm expecting Eur/Usd to rise to at least 50% from the low of today - Goal ...

EURUSD only

Noooooooo!!!! image

EURUSD only

It may occur much earlier than you think. Right now the US stock market in experiencing panic and there is a LOT of US Dollars floating around now. I'm worried that the DXY is not pausing and it may break 104 today. My thought process on this: ...

EURUSD only

You are correct you trade on different time frames. When I used to trade on a 5-10 minute chart on announcement days I almost always lost $ because I was right on the announcement but wrong on the direction. It taught me an important lesson - look ...

EURUSD

Will 1.05 HOLD???? image So far so good - waiting for the 11:00 bar to end

EURUSD only

@TIBORF71 - The fundamentals were spot on. When Powell talked last the market realized that a 0.5% rate increase was going to come on Wed May 4. - Look at the daily chart and E/U fell. Last week there was talk that it "could" be a 0.75% rate ...

EURUSD

I absolutely agree with you on all the above accounts - I know because over my years of trading I've made all the above mistakes. If a huge hedge fund is waiting to short/buy at a certain price and newbie's have their stops concentrated there why is ...

EURUSD

Closed my short at 105.52 due to what I feel will be a pullback so I can short again at a higher level.

EURUSD only

Please provide PROOF It's mostly newbies or gamblers setting buy stops and sell limits during a news event when the spreads go from 1.5 to 5.5 pips.

EURUSD

Sell sell sell at 1.2560 Different time frames - different perspectives.

Cable Update (GBPUSD)

Missed all the action yesterday but I'm a bear on EU for awhile (longer time frames) Today I'm looking for 1 or 2 possible short positions: 1.Sell at the 38% retracement of the move from yesterday 1.0649 or 2. Sell on a break of the 1.0695 region. ...

EURUSD only

image PERSONALLY: It wouldn't shock me if EU rose after the meeting but longer term I am a dollar bull and Euro bear. USA interest rates are going to top 3% by the EOY and the EU hasn't event talked about their FIRST 0.25% increase and frankly ...

EURUSD

@StivSha - Hey that is NOT a stupid question, actually it's a very good intuitive question. Here's the problem and it's a cliche: Buy the rumor, sell the fact. For example, using EUR/USD (my personal opinions and experience). A few weeks ago when ...

EURUSD

It's not counterintuitive - try NOT to think like a day trader and look at the LONG TERM TRENDS

EURUSD

It's just you. FED SHOULD raise rates by 0.75% today. If you read too much into a SINGLE REPORT then you will always be running around like chicken little claiming the sky is falling. ALL BS Aside: USA interest rates WILL BE 3.0% OR GREATER BY THE ...

EURUSD

Respectfully disagree because... Stocks = part of a company. Stocks pay dividends, make products/goods/services (1 or all of the above) Currency = instrument used to pay for goods/services/products. So how can one invest in USD? Purchase it and use ...

EURUSD

Be cautious about that thinking - reasoning is this: Many traders have heard the rumor that the FED will raise 0.75% at the FOMC meeting rather than just the 0.5% increase - that is why the DXY has taken off this week. Now if the FED only raises ...

USD/CAD