I will not be buying nuch eurusd for swing trades. The roll is a killer with my style of trading and eats into profits. I may be in a few scalp but mostly in the CME for swing longs. Just in and out eurusd for day trades, This is a magical time when ...

EURUSD only

Cut this loss at 1.1388 - 100 pips from avg of 1.2 lots. Time to cut loss before it gets big. No trades on this pair for a while, it's not acting correctly.

EURUSD only

I knew short was wrong. Nice trade, added to longs. Will stay on this side until FOMC

USD/JPY Discussion

I will be adding to this long, The movers refused to let my orders run down so now I can take advantage of their algos and buy low after they released profits. Cannot hold price one way and not expect other movers to eat your lunch. Time to get on ...

USD/JPY Discussion

My comment is based on the Yen repatriation cycle which may not be a force anymore it used to be in March. The exporters should be on the buy for yen, not on the ask or sell. I noticed usdjpy not going down (indicating yen weakness) when all of the ...

USD/JPY Discussion

Adding another .3 lots. Kinda sticking my neck out now as I have 1.2 lots. Not a lot of risk but getting to the LIMIT for casual image

EURUSD only

That's about what my mutual fund IRA does so you made good choice. Always better to let the movers use your money to build your wealth as they can move markets to beat the average. I have large managed account (as I have been funding over 30 years) ...

Hanover replies to PMs

Closing the shorts now for a modest gain but rollover ate a lot in profit. I am not liking the price action as seems to be weak ask when the USD is selling off on all other pairs. Someone is selling yen? I am not sure if there is any time left to ...

USD/JPY Discussion

What will tomorrow be? Do this every day for a week and you will have a following!!!

EURUSD only

Adding a little more shorts here at 111.57. This does not always work. As I recall, I got burned in 2002 and I remember 2011 not profitable. But I made more than I lost so keep truckin on

USD/JPY Discussion

I did not close but added .3more shorts at 1.1330. FA Reason - Brexit vote rejected - I don't think the lads in London will think buying EUR is prudent. More likely buying USD or another safe haven currency. TA Reason - Look at that M. The right ...

EURUSD only

Been selling into the repatriation. Many economists say the repatriation not a big deal anymore as Japan now building overseas but it's still a valid trading strategy. Old dogs, new tricks? Now we get the fish hook pattern, trying to hook retail ...

USD/JPY Discussion

Added at 1.1307. The news is increasing bad for US rate hikes this year, which is a negative. The Euro Zone outlook is the same, which means a positive. I have a soft stop at 1.1320. If prices closes above this I will most likely close out position ...

EURUSD only

I have seen this is popular show so I will have a look. My kids more he-man, duck tales, inspector gadget, and teenage mutant ninja turtles. Maybe something of insight to gen-z?

Entry Unholy

Took a personal day off yesterday. I have short orders at 1.1277. Will add to position either direction. Hard Stops above 1.1488 First targets 1.1188 rolling off/on if price goes slow down. Close all on plunge and reload higher Soft stop at 1.1320 ...

EURUSD only

Wow, big miss, I would think we would have had huge whipsaw but instead the shorts exited in an orderly fashion. I suspect we get a turn at one of these numbers. I call this chart pattern "the hook". The movers try to get you hooked in one direction ...

EURUSD only

I usually do not comment on peoples opinions but there are new traders in this forum, so I will give my opinion on your opinion. It may have been major move if Powell was speaking right after the major miss on job creation. He is probably the most ...

EURUSD only

Ok, my bad. Did not see pm on time. Carry on this will be a nothing event as trade is done for week.

EURUSD only

Don't forget Powell speaking in 1 hour. We may not see real market direction until then

EURUSD only

Just observe if you think this system suits your style. I have no experience with Davit's system but he and a few others in here seen to be doing extremely well. Pay attention to Davit money management as I use very similar method and over ten years ...

Pivot Trading