Most important to my trading success was attitude. When I first started trading I thought about making money. I seemed to make some at first, then give it all back in a few trades because I was pushing for the holy grail, the magic 1% per day. I did ...

Can YOU make money as a trader?

I am going to gladly share and I am also open to questions you may have, please post your questions or you can send PM. Right up front I will tell you that although I do not have a "job" and I earn my living through trading, I do not sit in front of ...

Can YOU make money as a trader?

First things first. How do you perceive the markets? I see people write their ideas about the markets and I can tell if they are doomed. You see, I have had some of the same thoughts and of course, I was a loser until I saw the market as ...

Can YOU make money as a trader?

The good news was Trump talking up USD, Kuroda talking down Yen. Traders who are bearish USDJPY would say this is bad and traders who are bullish would say this is good. So... How short USDJPY are you?

USD/JPY Discussion

The markets seem to be ignoring the speakers. The Donald says he sees stronger USD. Kuroda says BOJ will continue to ease, and yet USDJPY is grinding lower. Markets that ignore good news are bound to go lower. Stay Short

USD/JPY Discussion

I got stopped out on my longs at 1.2502 yesterday after "The Donald" spoke, had a 30 pip trailing stop so nice pips (from 1.2314). But I forgot to take off a buy order at 1.2460 (ooops) so now holding a -43 pips loser. It is only .1 lot long so not ...

EURUSD only

Relentless! I cashed in a little at 1.2500 and put back on at 1.2480, did not get the 1.2460 order filled. It may be FOMC unloading their holdings as they said they would be, this is steady selling of USD. I see the other commercials starting to ...

EURUSD only

I think a big player is cashing out their hoard of USD before China starts unloading. This has the ear marks of an elephant dumping USD. Steady, non-stop and around the clock. Could see 1.2600 before weeks end, where I will cover longs and ...

EURUSD only

Retraced 61.8 of this weeks move and probably not done yet. I am looking to buy some before Tokyo goes to lunch. Looking also at NZDJPY as Yen got super strong, maybe a better play in that pair. image

NZD/USD

I am on the short side after the 110.000 breakout. USD very unwanted now so I am thinking 107.800 area for long on a bounce. Until then, keeping stops above 110.000 as this should be big time resistance. Will scale out and in as we start back up ...

USD/JPY Discussion

Ok, it is obvious now US government shutdown - buy euro US government re-open - buy euro So I am long now from 1.2314, stops a little below 1.2330 looking for 1.2500 at first but eventually 1.2600 which is the 61.8 retrace. I will trail the stop as ...

EURUSD only

Great post Ata. The US Government shutdown, or not shutdown, cannot be predicted as those idiots will fight it until 11:59pm. Then how will the movers react to either event? Best to save powder for next week after the smoke clears.

EURUSD only

image Going with the crazy background color theme today. This has the appearance of a blow off top. I expect it to either break through .80 level and close above .80 today or tomorrow. Failure to do so, and I will be ...

AUD/USD

There are others who teach the order blocks trading style. ICT used to have free videos on the website, now looks like you have to pay for them. Still he puts a lot free on youtube video

Never Go Against the Trend?

I said. Maybe my wording should have been how I trade so where you see "you", change it to "I" or "me". I have previously tried trading like that ICT guy, but I found my mind is not wired that way, to buy into weakness or selling into strength. Too ...

Never Go Against the Trend?

I consistency make money in retail forex, but not month after month. Some months I suck and lose, most other months I suck not as bad and make some money. Not Ferrari and mansions money. But Nissan and 5 bedroom 2 bath money. Thinking of downsizing ...

How many consistently profitable traders around?