for me it all depends on how the market look like, the sentiment, the overall trend and where i'm at. If i'm on the wrong side then i'll try to gauge how violatile the pair i'm trading, see if my account can stomach it or not. Then go from there, if ...

Technical Analysis Fallacy

how heavy are those two trades? it looks like eur/usd 5mins chart. and it looks like it move only 10 pips against you, i mean if every pip is like a huge hit to your account, in that case i won't know what to do. But if not, then it's still in ...

Technical Analysis Fallacy

I go from weekly and down. Every trade begin as a scalp. Look for trend on long chart, fill with short chart. I don't blindly buy on daily. Edited : I'm a little tired so i went off topic up there. but zooming in also tells what happen down to ...

the best indicator to monitor the long term trend?

and yes, look for stops zone. One pops another pops and it becomes domino effects. so focus on price. market is not rigid. no one trade the same price all the time. keyword, price. nothing else matter. My opinion only. I know there are people ...

the best indicator to monitor the long term trend?

Best indicator is...zoom in!! Daily to hourlys to 5min. Price actions tell everything. Multi-time frame analysis you won't need no indicators anymore.

the best indicator to monitor the long term trend?

I think even if i'm rich I'll still be trading bucket shops. It's more fun than video games.

95% Lose in FX is a Myth: % Profitability in the US last year

IMO USD still have underlying strength to it, price action shown bulls running out of steam. If 89 cents were to pop it would've pop already. Looking for some stops zone shoot high and short from there.

AUD/USD

Might short at 0.799x. Alert set. Depends on how market look like when I wake up. My morning is NY morning. Kind of quiet tonight with asians session. Sideline, watch some comedy and go to bed. Lol.

NZD/USD

Strong resistance at 0.881x I think this is it, running out of steam. Picked up a couple pips.

AUD/USD

Short limit at 1.62, price alert set at 1.61 if price push below might look for different short set up.

Cable Update (GBPUSD)

So to start off, my first documented objective will be to get my losses back. Losses that I sustained the first time I tried to increase my lot size. Timing was extremely bad. Short AUD right into a bear trap. Long story short, account took a hefty ...

Clumsy's Journal

Hey guys, so my charts are pretty naked. Except for a couple of simple moving averages in my 5 mins chart so I can quickly reference the average price of the past hour, past 8 hours and past 24 hours. I don't believe in this MA crossing that MA or ...

Technical Analysis Fallacy

Waiting for Kiwi to go higher so I can short it. Alert set at 0.79750 area for now.

NZD/USD

ohhh, what makes you think that??

Cable Update (GBPUSD)

Possible short stops level between resistance 1.6128 and resistance 1.6228 Possible long stops level between support 1.6048 and support 1.6004. Levels to watch for momentum. Have a good week all.

Cable Update (GBPUSD)

I come and go on from this site, due to my inability to filter out noises. But I always check back on this thread because of gem like these. I don't need pointers, I don't need anyone to tell me their levels or their signal. What i needed were a ...

Technical Analysis Fallacy

I was able to quickly opened an account with another broker and got 10 pips off E/U and E/J. lol time to go to sleep... I hope I can get my money back from FXCM, no hassle free.

FXCM Discussion

My account were transferred from IBFX on Sept 20. Didn't even last 30 days with them LOL.

FXCM Discussion

Hope everyone made money!!! FXCM locked me out! Going to be fun trying to go to sleep now! Good luck everyone.

Cable Update (GBPUSD)