Whatever your strat dictates - that's all any of us can do. Mine says stay short...Others may see this area as at least a scalping playground for long orders with tight stops initially and hold if it runs up the ladder...from a technical perspective ...

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Yep, smack in an accumulation zone now..buys will likely appear. A decent rise and I'll scale in the short orders.

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Yeah in fairness FF has one of the best calendars for news - personally I uncheck every but 'red' (Major impact) -On a Sunday evening I set alarms 1 day in advance of major news on the pairs I'm trading - Usually takes less than 20 mins to do this ...

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Why are you continually seeking affirmation that other traders are shorting? You made a post offering $100 to anyone shorting the spike high yesterday, I did, called it and you conveniently ignored the reply..please give the $100 to your charity of ...

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Scalping out of the add in taken earlier for about 36 pips here and holding core short from above for target level...Its potential Bull Flag territory now.

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I did and replied to your message - now, let us discuss the $100 you owe me...

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Straight into the previous swing low support..touch point entry for short scalpers to add in short; take profits / hit and run the BRN then back in on the next push if it obliges. ..Which is pretty much exactly how it played out.

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Me - now give me $100

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Oh, smashing - time to add in soon

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Come and join me in USD/CAD and Dow mate..they are your kinda targets !! I'll never forget when you clobbered cable a couple of years ago...Fork me that was a trade and a half !

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Its in a bit of a dead zone for me here, moves higher and I'll add in shorts but its about 30 pips off a target level.. For me, to close to add-in (risk for further upside to great) and I ain't taking longs.

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Off topic I wouldn’t recommend shorting the Dow / US30 to anyone who doesn’t have a completely nailed down strategy...this uptrend has been ferocious to short sellers. The GBP/JPY is often referred to as the dragon...the US30 more recently is a ...

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Nice going and good for you. I do the the same... take on the extreme turn. Scaleout to bank and cover then once the bugger starts moving..add back through the retraces and scale out on the Add ins after it breaks through the swing lows retaining ...

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- I make a living out of drawing lines on a chart - what the hell does that say about me ? Also Long USD/CAD and about to initiate the launch sequence on building a short book into Dow / US 30...

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Good exit level and I'll be taking profits there too but holding a small position for further drop to 1.1680 area..adding back into shorts off the bounce.

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Interesting how things line up isn't it. Chart below of where I shorted (posted on the on 'other' EU thread) gives same target as yours..

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Yes, I absolutely agree with you..Although retial investors on trade copy seem okay with Drawdowns up to 15% (or at least many of the social trading sites suggest this). If looking for serious money - 5% drawdown is bang on where the pain threshold ...

What's a good monthly income from trading?

The harsh reality is that if you can achieve even 2% pcm you are in the Elite. So if you have a 100k trading pot, that's 2k pcm... If you don't have 100k or if 2k pcm isn't enough - you'll need to either have people copy your trades, sell your ...

What's a good monthly income from trading?

Yep, you never got my money and I have kept shorting.

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1.1910 is where I’d expect a lot buyers to jump back in. Until then I remain shorter than Shorty McShort pants.

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