End of day... and End of Year. I don't see reversal either but never afraid of being wrong ;-)

EURUSD only

Looking very bullish in low liquidity environment. I added a 200 MA to chart for emphasis. image With retail traders heavily shorting, this is most likely going to continue into 2020 so I believe the downturn will be delayed until those numbers ...

EURUSD only

Hammer turned into engulfing. Trade looks to be a sell but cycles work tells me there should be one more push up into year end. Then the new year EURUSD ball drop happens. Of course anything can happen and I may be wrong. Not the first time, or the ...

EURUSD only

Left a lot on the table with this trade. Have to stick to plan and I was at the casino yesterday (literally) so I had to leave trades in place. Looks like we have a gap to fill on 4 hour chart image A hammer forming is on daily. Not closed yet but ...

EURUSD only

I am in long at 1.1112 on a scalp trade. Target 1.1142 or end of week Stop 1.1062 image

EURUSD only

ok, I see I was wrong. Close enough to form the grind pattern. image I took profits on long scalps but took a beating on the short swing trades as I am still in. Not a big deal as I am rolling these positions into long term trades and these are ...

EURUSD only

No pattern detected to imply a grind higher. I am staying short for now in swing trade. Buying in scalping accounts for quick profits. It's a perfect world for range trading. Trend traders - best to stand down! image

EURUSD only

Holding shorts but looks like I am on wrong side. This price action appears to be going up. image If the price stalls around 1.1064 before heading up, I will close out the swing shorts and switch to scalp longs and join the up move.

EURUSD only

Looking good so far. I added at 1.1099 a couple of lots as it was at fib levels I like to play. I am not adding anymore this week, will continue adding next week on the way down to 1.0990 area and then look to cover. Depending on my holiday schedule ...

EURUSD only

I started short this week at 1.1069. Price currently against me about 40 pips but only .1 lot so far. I am not sure if I will add additional lots or cut the position as tomorrow most likely will be super slow as NFP on Friday. Stop above 1.1179 ...

EURUSD only

Can you show us the video of you drawing these random lines with your eyes closed? These lines are very straight as if you are using a charting tool like MT4 or MT5 to draw the lines. Show us the video with you drawing the lines using a free form ...

has anyone EVER seen a successful trader/trading system?

Closed out at cost. Not worth it as Holiday trade is dull. Not worth the effort. image

EURUSD only

image 2 orders in sell at 1.1030 buy at 1.1000 stops set for 50 pips from open, t/p is other side. If either side gets hit I will monitor the trade. If not, I will take off tomorrow after London close. 5:3 risk reward but small lots. Holiday ...

EURUSD only

The Yen pairs, I trade during Asia session and this pattern (moving Yen before Tokyo open) is always occurring. Similar to the Frankfort Fakeout (moving the Euro and Pound before the London open.) I made money on the last 3 days, lost money on ...

Why do indicators not work/work? Why is Forex not truly random?

The structure for this M pattern has been perfect, nicely painted by the movers. image I am looking which way we go from here. I suspect it will be up as seasonal cycles kick in but this is unusual year with the tariff tensions and other snafu's. ...

EURUSD only

Here is a random pattern that has occured every day for the last 4 days. Random natural occurring? Or manmade? image

Why do indicators not work/work? Why is Forex not truly random?

Trading as a business 80% of new businesses fail in first 18 months 90% of new businesses fail in first 5 years and according to Inc. magazine, 96% fail within first 10 years.

90% of traders lose money! True or False?

Amazing this dead thread started many years ago and the originator seems to be missing for 6 years. Probably not trying anymore as account was drained/busted. I could tell by post 1, they were already going to fail. Read it and see the "cannot" ...

Why do indicators not work/work? Why is Forex not truly random?

Took profit as price is moving sideways now, erratically, and don't want to lose profits. Will be back for FOMC. image

EURUSD only