Yes and for those of us who trade in this manner the "edge" isn't as important as money management.

It's Unreliable

[quote=here2there;13794696] 1. Thank you for posting the link to the Forex Scandal that was reported in 2013. I do recall reading about that in the past; personally I find it akin to insider trading and I'm sure it does happen. 2. Yes I know what ...

It's Unreliable

No I haven't. Can you describe the 'edge' for the market? I ask because I can't.

It's Unreliable

1.1329

EURUSD only

I'm going to "assume" that when you are talking about a casino that would be located in the USA. Based upon my assumption I challenge you to point out/find any evidence that a casino (commercially available with Corporate backing) is "rigged". The ...

It's Unreliable

That's an easy on - just take trades with a 3:1 R:R. With a win ratio of 40% you're still profitable (even AFTER fees and slipage)

It's Unreliable

I personally think that money management is MORE important than any technical analysis....JMHO

It's Unreliable

Be careful with the above thought process - here's why: If Powell is NOT re-confirmed then expect uber doveishness like stoping taper and continual bond purchasing; that is the conventional wisdom but what happens if Powell is re-nominated? There ...

EURUSD only

Firstly I agree with you about most of what is being taught being unreliable. So what is reliable? After reading the bickering between ryuryu and roberts4me it is reliable that you can't change someone's mind on a Forex chat board and that some ...

It's Unreliable

There are certain pairs where the fundamentals drive it more. UC - this is basically an oil proxy. Oil up then CAD down so UC goes up! Don't believe me look at EC and it shows the same movement today as UC - the CAD is driving the pair. AU - this is ...

USD/CAD

There are ALWAYS trolls here and elsewhere - their sole purpose is to tear down those whom they are jealous of. Those who follow you know the truth. Rock on!

Pivot Trading

Still open but wayyyyy underwater. Personally I doubt much action due to it being Veterans day in the USA (bank holiday).

EURUSD only

image For Today image Long at 1.1490 with SL 1.1450 and open TP...(I'm hoping for 1.1600 but may close earlier)

EURUSD only

Transitory inflation???? image Short today....

EURUSD only

Sorry but your #4 point violated the #2 so your E-wave count is off/incorrect.

EURUSD only

Nah, just another buying opportunity... Staying long til 1.1610 then all bets off...... Ok this is how I imagine Powell's speech: Today's Core CPI was 0.2% below expectations ....that's the transitory inflation.....data dependent.....full support of ...

EURUSD only

Nice job!

EURUSD only

Can I ask a question? Why a stop loss of 50 pips? I'm curious as to why people choose their stops - how much can I "lose" - S&R levels - fib levels - round numbers - because I want it there....

EURUSD only

While I agree with you it really shouldn't matter. Let's face it folks we KNOW what he's going to say - the same old lines....transitory inflation...data dependent....firmly support the USD....yadda yadda yadda... Right now it's risk on and USD ...

EURUSD only

I feel you. It used to be simple; USD was weak and EUR was doing fine so when it was risk on EUR/USD went up. NOW? The EUR is beginning to smell as well that what's makes trading this more difficult than it should.

EURUSD only