Another bounce on the Fib 50

EURUSD

Mr Fibonacci likes the retracement.

EURUSD

Good on you mate; nice one.

90% of traders lose money! True or False?

Nice one mate: that's a goodun.

How do market makers and institutional traders trade?

Everything in life is based on a probability: even your drive to work in the morning. Forex is based on probability as well: it's just a matter of increasing your probability through perfecting ones methods and increasing in experience.

90% of traders lose money! True or False?

Preach it.

The reason why 95% of new traders consistantly lose money

It would be foolishness not to care. It is wise to have understanding, and this is part of it. Why would you not care what the market movers do and operate?

How do market makers and institutional traders trade?

15 minute trend line with support

EURUSD

Bounce off 50% Fib twice.

EURUSD

It's a nice trendline. Trendlines that are more than 45 degrees usually have false breakouts, however, this is a smaller time frame, therefore less reliable. When drawing trendlines, you need to draw it from the one high to the next lower high, and ...

Psiholog's EUR/USD trading style

The institutions love to fade breakouts, it allows them to fill orders, whilst also gaining handsome profits at the same time. I'd be 90% confident that a first breakout of that line would be a false one, and the price will come back above it. I do ...

Psiholog's EUR/USD trading style

Can anybody take a Manchester United fan seriously though?

EURUSD

5 min trend line.

EURUSD

What a noob. Why can't he make it sound rosier.

Cable Update (GBPUSD)

Exactly: don't follow blindly: it's important to have ones own supported conviction on any given trade. Crucial.

Cable Update (GBPUSD)

I don't think it is possible to make your graph any more unclear for us: it's 2 inches in diameter.

Cable Update (GBPUSD)

What are those indicators you are using on that chart?

EURUSD

1.50 ftw tbh imo

Cable Update (GBPUSD)

Good trend line drawing.

Cable Update (GBPUSD)