If that's true, then great. It gives me even more confidence in using it. My point is that even if it wasn't, I'd still pay attention to it because of its popularity

EURUSD

I understand the golden ratio as I took several calculus classes in college. My point was that even if it doesn't really apply to the market, enough people use it thus making it a sort of self-fulfilling prophecy

EURUSD

Whether they are an illusion or not is irrelevant. A lot of people use Fibos and believe in them. And that should be enough to use it to your advantage.

EURUSD

Well the eurusd didn't form a hammer on the daily but the downtrend has weakened over the past week. Important to remember that a reversal candle doesn't mean the trend will reverse. The price could go sideways for a time and then continue the old ...

Daily candle chart

Just wondering if there's a way to get all of hussin's posts in a single file to download. I saw this done in another thread but don't know how.

Daily candle chart

That hammer would be quite strong if it stays the same until end of week

Daily candle chart

For eurusd there is a bearish engulfing pattern on the monthly timeframe but a morning star pattern on the weekly tf. How do you deal with conflicting indicators? It's possible the next few weeks will be bullish followed by longer bearish weeks in ...

Daily candle chart

Which pattern would you consider that? Looks like a morning star to me but the last candle would need to close higher maybe

Daily candle chart

I'm new to this but aren't there two dojis on the monthly tf? It would seem the buying pressure has subsided, especially when you look at the last doji where the open and close are almost identical. Isn't it more likely that the price will fall in ...

AUD/USD

What is usually the duration of the downturn, is it when it hits some kind of support level where the orange arrow is? Thanks

Daily candle chart

How do you get the LFX? Thanks

Daily candle chart

I hope you're right . Already lost about 50 bucks on eurusd on a small account I recently opened

AUD/USD

Added another long

AUD/USD

On a weekly tf the eu is still on an uptrend. Question is when will it end

EURUSD

Well this sucks. I will hold my long position on the EU for 20 years if I have to until it goes up again

EURUSD

Morning sir

EURUSD

Fake money like sports teams make or television shows? Just like they provide a service (entertainment) I provide my dollars when I go long on the euro to whoever wants it

Is Forex reliable?

I think the joke is that his name was supposed to be hangover

Is Forex reliable?