image I think it'll stay steady until the GBP services pmi @ 4:30 am... My guess, based on the 1d chart, is that it'll drop to ~1.52. Clearly that's a wild guess, though.

Cable Update (GBPUSD)

And I hope you're wrong on this one... I opened a short position at 119.743

DBX Trading System - The Way The Winners Trade! Part 2

DB, how did you develop so many haters??

DBX Trading System - The Way The Winners Trade! Part 2

I agree... and I hope we're both right. I opened a short position at 119.743 on the idea of the reversal.

EURUSD

Hmmm...... Should I lock in profits on small short trade or hope she "drops it like it's hot" and falls through support...

Cable Update (GBPUSD)

Waiting on an opportunity to enter... Going to short with target @ 132.5

EUR/JPY

Best of luck to you! I'll be keeping up with you so don't let me down Also, do you think having a goal to make a mil affects your trading psychology? On my demo account every one of my trades I was trying to make a million and ... well... things ...

Tim's £500 marathon. Goal £1 million

Maybe people are like me..... scared!

EURUSD

This is true... I was just analyzing my chart and from a technical standpoint I couldn't figure out why 1.12 since there's a bit of resistance there. Perhaps it would be better for confirmation if it breaks 1.22/1.24?

EURUSD

In my opinion... Yeah, it's important if you win. What really matters is how much you lose and when you do how you're able to minimize your losses. To be honest though, I opened my account because I had an "ehh whatever... it's fake money" attitude ...

Any Rookies need some help

Just curious..... Of all possible entries why enter @ 1.12 if you're going long?

EURUSD

Any predictions on the effects from ol' Yellen? --- apparently no effect...

Cable Update (GBPUSD)

Going long with target @ 134.86.

EUR/JPY

I always use a stop loss. The amount of pips will depend on how levered the trade is. However, I usually always make them very tight to minimize my losses. Plus, after seeing people take huge losses from not having them, I don't see why you wouldn't ...

Do you use stoploss?

Everyone uses different strategies, everyone wins, everyone loses. I think you just have to experiment with multiple different strategies to find which one fits your specific interests the best. There's a lot of free information out there as well so ...

Is There Any Thread Summarizing How To Trade Forex?

I think there's so many different variables that can go into this, but I selected 10-25% just on the basis that a lot of professionals I think hedge their risk thus preventing huge gain/losses.

What's a realistic annual return for a professional trader?

If I were you, I'd close your live account until you're experienced enough to make predictions on your own Best of luck

EURUSD

Well I don't know if any of this will be any help at all(especially since I can't seem to convey a message too well), but I'll just start saying some stuff that pops to mind and if anything might be something you'd like to further discuss then we ...

Psychology of Trading - What are YOU interested in learning?

Neuron, This is a topic that really interest me (not that I have put much time thinking about it, but now that you've said something) and I was wondering if you could be a little more specific about what you are wanting to hear or write about? I ...

Psychology of Trading - What are YOU interested in learning?

I went long on it; TP:13 SL:22........well that was a trade gone bad; I should've seen that it was probably going to drop a level, but at the same time I was thinking that it would be a pivot point. :/

S&R short term bounces