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newbegger replied Dec 21, 2018This was the lone entry, .01 lot so not much in the profit, 70 pips. To be honest, I forgot about the order and so was not adding on way down to make bank. Now flat for the holidays. Be careful, especially those who are just starting out. There are ...
EURUSD only
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newbegger replied Dec 19, 2018Fed reduced rate increases to 2 instead of 3 next year so as expected dovish fed. I was hoping for did expect a spike up from the movers but not seen. So if I want to trade, have to sell lower than I want. Will see but probably done for year. I will ...
EURUSD only
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newbegger replied Dec 19, 2018The movers did not spike the high so I remain out of play. I guess they don't want to get caught on wrong side by an even bigger fish. No play, will look later after after the Presser, maybe an odd answer shoots it up so I can get shorty.
EURUSD only
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newbegger replied Dec 19, 2018In general I never use tight hard stops unless scalping. Sometimes tight soft stops when intraday trading

EURUSD only
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newbegger replied Dec 19, 2018I noticed overbought/oversold discussion. Both can be true and are true. Depending on YOUR time frame. Posted a monthly chart to demonstrate. image If you can't see it, keep your money in the bank until you can see it. Or put it in and pros will ...
EURUSD only
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newbegger replied Dec 19, 2018Fed will raise 25 bp today. They know the consequences the fury of the financial storm they would unleash if they did not (remember Lehman?) Question is, do they cut back on expected hikes in 2019?
EURUSD only
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newbegger replied Dec 19, 2018Ok, already moved entries to 1.1470 area, looks like 1.1440 will happen before London close and my play is to catch the FOMC spike up, not already holding shorts in the red when FOMC hits. I will watch during speech if I get hits to determine if I ...
EURUSD only
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newbegger replied Dec 19, 2018I took trade off shortly after confirmed bull flag and no position since. I suspect the FOMC will be "buy the rumor sell the fact" and facts are a dovish Fed. So looking to get short again on the fact of dovish fed around the area on chart. image ...
EURUSD only
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newbegger replied Dec 17, 2018Sorry for delay, went to the store. You and I trade different styles so probably not good idea to use my calls to support your direction. My hard stop is above 1.1470. But I also have areas of interest such as 1.1380 and 1.1410, where I may close ...
EURUSD only
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newbegger replied Dec 17, 2018Possible the M has morphed into a bull flag? Sitting at the triple top with London closed and holiday week so get ready for the movers to "paint the charts." image
EURUSD only
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newbegger replied Dec 17, 2018Not that it has anything to do with EURUSD Only, but why does your "Our World" chart not include 3rd world countries? Except Mexico and Chile? No African Countries? No Asian countres?
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newbegger replied Dec 17, 2018Classic M pattern. I am in short now 1.1344 for .2 lots. Will update as trade moves image
EURUSD only
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newbegger replied Dec 17, 2018It is not difficult to understand. Futures are the price to buy or sell now for a future settlement date. Forex is the price to buy at today's price. Hence the name futures.
EURUSD only
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newbegger replied Dec 11, 2018never trade when holiday is planned. trust me, you will lose money. have a wonderful holiday, the market will be here when you are refreshed from holiday,
EURUSD only
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newbegger replied Dec 11, 2018movers looking higher I think. never can tell but bear flag formed. still some scratch to be made in longs image
EURUSD only
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newbegger replied Dec 7, 2018You have discovered the first rule of profitable trading. Follow your back tested trading plan and never ever deviate.
EURUSD only
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newbegger replied Dec 6, 2018Out at 1.1377. I do not like the price action as this could run hard and fast. I am not sure where this negative US news is coming from so better to be safe and get out. I will be ready for NFP tomorrow, should be a great whipsaw day.
EURUSD only
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newbegger replied Dec 6, 2018Sometimes there is some action day before NFP but only rare occasion. I found it's better day to plot the month rather than chase pips in scalping mode. Both work, but I lose the time off which is needed in this grueling business.
EURUSD only
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newbegger replied Dec 5, 20181.1359? There is no doubt. But will it hit in Asia session? Or London? Not Sure. They like to buy this pair.
EURUSD only
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newbegger replied Dec 5, 2018image .3 lots shorts at the moment. I am carrying into EOD and then a day off before NFP. It is my study day so no trades on. I have to work through the monthly charts this day. Many moons ago I found out the day before NFP is just gambling with ...
EURUSD only