Yes. Rightly Said. Today i just discovered all new behavior pattern in FTSE 100. I could not have discovered that pattern through intuition. It needs experience to discover and then remember those 'human behavior patterns' occurring in the market. ...

Trading is an intuition business

I have used all of the pivot points. They will only work if 'all market participants' use them. Then it becomes self fullfilling prophecy. Thats the precisely the reason sometimes they dont work- All market participants do not use them. Sometimes ...

what is the difference between various pivot points?

Yes, thats inspiring and motivating. He teaches in Tokyo Metropolitan university in Chemistry department. He is not a millionaire type trader- but he has been day trading USD/JPY for 20-25 pips every day in Tokyo session. He knows the 'nuances' of ...

Big Lesson Learned today- hope this helps others! NEWS Results

Yes thats what i do. I trade only one future indice but i watch Nikkei 225, FTSE 100 and dow jones- All 3 are daddies in their respective zone and they move global markets. But i will only trade in one future indice to understand its 'nuances'.

Big Lesson Learned today- hope this helps others! NEWS Results

Well said. The 'market participants' are different in all financial instruments. Understanding your competitors is as important as understanding your self. Now i have moved into trading future indices, i am just trading one future indice. Thats it- ...

Big Lesson Learned today- hope this helps others! NEWS Results

This pair has behaved strangely in last 2 hours...dow jones up 125..while this is doing drama between 91.16-91.25 It should be at 91.50. Tommorow tokyo session will bring some cheers. Look at eur/usd- almost 150 pips gain today !!

USD/JPY maximum profit on DT

Yes i am on.

USD/JPY maximum profit on DT

Super long term pattern is up. Recession is over, risk appetite will increase in coming months and years. We are heading back to 100, 110... So, i will buy low and sell high. I will buy at 91.20 and will sell at 92.20. Then i will wait for ...

USD/JPY maximum profit on DT

Looks to me bad ZEW economic sentiment was priced in the market. may be 1.19 or a dash below 1.19 which we witnessed few days ago was the low of the year or low of the many coming years !!! We could have witnessed the history !!

EURUSD

Sorry. I can feel your pain. Stop trading. Please watch the markets for 12 months. Then do demo trading for 12 months. Then after 24 months/2 years, decide whether to do live trading or not.

EURUSD

Real bad numbers.. shorting dax, shorting FTSE, shorting eur/usd

EURUSD

You can use CFD- Contract for difference to trade all global indices.

Trading US Futures from India

He is a professor in Tokyo and he makes more money in trading then his salary. He is not a FF member. He trades USD/JPY in Tokyo session. He has good grasp of Nikkei 225 as well. Nikkei 225 is doing well this morning, so USD/JPY has also gone from ...

Big Lesson Learned today- hope this helps others! NEWS Results

If trading was so easy as to follow certain rules, mechanical systems (left brain trading), then all these Harvard, MIT, Wharton, LSE students would have been dollar millionaires. The students from these top universities are numero uno in left brain ...

Trading is an intuition business

Intuition is not predicting the future. Traders are not trading the market, they are trading their self belief system. Once you specialize in an instrument and watch the market for at least a year, you will develop an intuition because behaviors are ...

Trading is an intuition business

This is the reason i have moved to trade indices like FTSE 100 intra day. Forex is too volatile and 24 hour market does not help me. Also the most important lesson i have learned is to specialize in any one or two pairs. With specialization, you ...

Big Lesson Learned today- hope this helps others! NEWS Results

Thanks Mate. Thats a great link to study about intuition in detail and its parts.

Trading is an intuition business

Thanks Mate. I will check out this product. But the best way i have learned to develop an intutiton is to watch the markets and work on understanding market participants behaviour. Each market is unique. I have shifted to trading FTSE 100 and i feel ...

Trading is an intuition business

If you still do not believe , trading is an intuiton business, then you have not reached that level where you have started self questioning your self. The partition of brain in left side and right side and uses of both side is a neuroscience field ...

Trading is an intuition business

I am trading FTSE 100 FTSE 100 has strongly reacted by falling 15 points because of bad manufacturing data.

Cable Update (GBPUSD)