First, I did not read this entire thread. Second, I think I might like sticking around here. Let me also say before I begin that everything I say is always with a vein of respect, so please be mindful of that when it sound like I'm ranting, because ...

Price action is dumb, and you're lazy for thinking otherwise

After all the name calling and flagrant language, I wonder if anyone would mind if I post my views concerning this pair. There is no need for the yellow line, which is my MS1 at 1.3233 to be hit, but it still could. Regardless, the pair is getting ...

EURUSD

Key R area is 1.6150. That will contain for awhile, as last week's strong move will be corrected. Watch for the correction take the pair to 1.6024. That will be a deciding point. A break of that point and there will be a strong move to 1.5932. ...

Cable Update (GBPUSD)

After failing to break key level at 1.0304, with no attempt to the next main support area at 1.0224, the pair made a sharp break north. Starting next week, watch for a slight correction to the bottom of the 4-hour cloud at 1.0338, and even allowing ...

AUD/USD

I struck up a friendship with someone who had an excellent web site on the ichimoku. Because of the friendship, I invited him to a chat room to present it to my people there. I had no interest in the ichimoku, but when it was all said and done, I ...

indicators - magic tool or NOT?

Craig nailed it. I use indicators and use them successfully. It also does not matter how many or which ones you use. The ones you choose you should know so well, you practically see them in your sleep. They should be used by you, not because you ...

indicators - magic tool or NOT?

Neuron, it makes sense that any pair that has a common currency will move in a similar fashion. That being said, I still view a currency pair as a distinct entity and make a trading decision only based on what I see for that pair only. My trades are ...

Should I be concerned about uncorrelated markets?

Cloggie, I know it is too much to ask because egos get in the way. But every once in awhile, someone that is putting on a show, tying to show off will go behind-the-scenes and just admit who they really are. That, to me, is a real rush. When someone ...

EURUSD

LOL, do you mean I'm 27 posts into the forum and I get throw to the wolves. Oh well, we'll just talk a little common sense and maybe get the point across. BTW, I work with newbies all the time (I'm not pausing to advertise. I do it all for free.). ...

EURUSD

Micho, in its most simplistic form, the most important factor is to have a gainful live account. If someone is winning 80% of the time, what difference does it make if the RR is 1:2? RR ratios. If you use the Sortino ratio in your trading, then good ...

EURUSD

Roro, just crious. Did we meet somewhere else before? I know we meet so many people over the years, at times, you lose track.

USD/JPY Discussion

True, but regardless how much is in it, if the trader is losing consistently, then eventually the account will be drained. Even 2% losses being consistently in arrears will drain a million.

EURUSD

Micho, it does not really matter the why or the wherefore of his trades. He's a winner. That is all that counts. I'm sure he is quite happy with his winnings. Also, what difference does it make if the Sortino ratio increases. Personally, I think the ...

EURUSD

Anti-losses, sorry to hear that. My comment was meant more in a light way. It definitely is not intended to negatively reflect on anyone. If you are losing consistently, I hope it is not real money. I hope you are losing on a demo account. I crushed ...

EURUSD

Thanks Roro! I trade FT, but I have other things going on related to projects in helping others trade (not for pay). I'm trying to free up some time to post more regularly in this forum. It is quite active. LOL, I'm not sure I could keep up if I ...

EUR/GBP - What a great pair to trade!

Oh yes, it's got to let some steam out of the UP Circa 1.5875 looks likely. JMO, but I'm not sure where it will go from there. I think it is a decision point to determine a continuation for a new downtrend or it is just a nice correction for the up ...

EUR/GBP - What a great pair to trade!

Plus, its Friday. Not much left to trade this time of the week.

EURUSD

You got a point. That is the reason the majority comes to forums is in hopes to learn a methodology to trade by. BTW, I saw your performance sheet somewhere. Outstanding!

EURUSD

The pair should head much deeper, MT. In its upmove, it is like trying to row against the tide, and so the general movement has been spotty to say the least. The 4-hour chart is showing a correctional move to circa 81.03, and then the UP will ...

USD/JPY Discussion

Hi Roro. Cable has entered a very strong confluence of R in the 1.6150 area. I'm expecting a strong pullback next week. Whether or not it is a complete trend reversal remains to be seen. I went short, and I think at least 180 pips is waiting to be ...

EUR/GBP - What a great pair to trade!