It has always fascinated me how someone can believe in random walk and, using indicators which INDICATE a direction in the market. Support and resistance are meaninless if you truly believe markets are random. The markets are not predictable 100% ...

Random Walk (The unbeatable!)

Ok, took a very small long, I think it's going to be a time based close out before NY close or T/P of 1.2920. Real time stop down below 1.2700 but I will manually close if this thing looks bad. image Sorry, I had wrong chart

USD/CAD

Starting to move now. I was suspecting I had wrong premise yesterday but it is moving now, albeit rather slow. But most of the movers are on holiday already so now we watch and see what the movers still around are going to do. Will it be a straight ...

USD/CAD

Now this will be interesting. A thread about proving how great thou are, lol. I hope their is some witty bantor included in this bravado. My only question is why would anyone trade at breakeven or adding money to losing trade in live account? That's ...

Verbal diarrhea matches trading skills?

Moves like this (no fundamental reason) is usually stop run, Or, a mover is putting on or taking off big position. Shorting now is low probability of success.

USD/CAD

Bringing old thread back to life on purpose. This is a classic example of selling when everyone is bullish. EURUSD at 1.58xx was almost the top. image

US Dollars is getting worthless in Amsterdam

You are not alone. Cycles is my favorite tool and in addition to price stops/take profit I also have time stops/take profit as I took profits on Euro shorts before the coming weeks ahead. It will be wild as traders clear the boards for the Christmas ...

Timing is everything but time is worthless

Like watching paint dry now. At the same level I posted from yesterday. This chart looks like the London traders covering and heading home. I think I will do the same. Out at 1.1776 image

EURUSD only

As long as you wait for the signal, it's all good. You can make money both ways if you stay nimble. Today I am following the Mario setup, looks easier to play short. I am paying very close attention to my trades today and if EURUSD gets near my B/E ...

EURUSD only

I am on the other side, shorted it at 1.1805 with stops above the gap at 1.1889 for now. I am targeting 1.1707 area or manual close on Friday. Don't want to hold next week as liquidity will be low and moves abrupt. image

EURUSD only

I think you got the wrong numbers, or are in the wrong forum. You posted a EURUSD chart but numbers are for AUDUSD?

EURUSD only

Long wick from Mario speak today. Poised to go lower towards the weekend. Super Mario did his typical Central Banker speech, say a lot of meaningless words, lol ...

EURUSD only

Ahha! Looks like I have a few people targeting my stops. That's what makes a market. I still feel this is a good short, even though the exact day I posted my call to short was the bottom. Hmmm? image

NZD/USD

Carrying full line now. Still looks good although last few days been scary. Unless the bulls push hard to get my stops at 0.7080 we should get a nice ride down on the cyclical USD bull market that kicks in after the NEW YEAR.

NZD/USD

I would say the opposite because the price line so close the the candle on the upper chart making me suspect it being the faster time frame. But that could be a trick by the poster?

Timing is everything but time is worthless

This thread is getting brutal image

Trading Made Simple

Sorry, I misspelled, I meant Rink. As in skating rink.

The next step after reaching broker lot size limit

image For my ally is the Force, and a powerful ally it is. Life creates it, makes it grow. Its energy surrounds us and binds us. ... You must feel the Force around you; here, between you, me, the tree, the rock, everywhere, yes.

USD/CAD

"The Force" is strong with this one. image

USD/CAD

image Everyone getting into the rink now WORLDSTAR

The next step after reaching broker lot size limit