Wild ride so far in December and we still have not hit NFP! Looks ilke the retrace to .618 in the works. image I also noticed what seems to be a reverse H&S

USD/CAD

As a side note, I had my stops above 1.1879 on some shorties I bought at that level. Lost a few pips but not a lot, well below my average s/l of 30 pips. I was really confident this morning when I saw the bad Euro numbers ...

EURUSD only

From my perspective of price action showing stop run. Look at the 1 hr chart with that long tail dip below 1.1816 (buyers stops). Than the big push above 1.1879 (sellers stops) on the 4 hr chart. image image The movers wanted to clear the boards.

EURUSD only

Looks like a stop run to me. The was a good resistance area around 1.1880. Would not surprise me if it closes around 1.1880

EURUSD only

Looking good for the long term. RBNZ says their economy down the Lou and only getting worse as real estate prices collapse. They will have to cut rates very very aggressive to avoid horrible depression. I am moving targets as I already see this ...

NZD/USD

Years back, I had a rather large balance at Refco and someone gave good argument to diversify. So I split into 3, Refco, Oanda, and Lind Waldock. Few months later, Refco collapsed and I got back only a fraction of my original balance. Lessons ...

The next step after reaching broker lot size limit

ROTFLMAO

The next step after reaching broker lot size limit

Just another typical day at the forex factory forums ;-) image

The next step after reaching broker lot size limit

Got filled on 2 lots short, still have the open at 0.6960. Thought this was interesting to the shorts out the, a bearish gartley. image

NZD/USD

I do not see that as gap as wicks were touching and I consider wicks as strong as bodies. I do see unfilled gap here at New Year 2015 but not sure it counts as it was over the new year image

EURUSD only

Your trading style sounds like hedging and hedging is probability based trading. I think you are confusing random with "anything can happen". So... I'll agree that markets are random, for you.

Proof That Forex is Random video

Proof the markets are NOT random chart image Markets moving steady, less than 2 cents each day. Then some random day it decides to move over 18 cents. Luuuuuuuuuuuucy, you got some splanin to do!

Proof That Forex is Random video

So you are the broker! You collect the spread rather than pay the spread. Good way for you to beat the markets. The way you think, it's the only way you can win because you trade based on coin flip.

Proof That Forex is Random video

H&S confirmed with close below neckline. Looks a little oversold so I am waiting for a bounce back. Will put orders in on Sunday Evening sell 2 lots 6820 sell 1 lot 6960 stop 7080 target 1 6550 target 2 6450 target 3 6350 and if sell at 6960 occurs, ...

NZD/USD

I am curious what you are waiting for? If you waiting for something to happen, that is not random.

Proof That Forex is Random video

I will agree with you. The markets are random. For You. So... You will eventually lose all of your money as a trader. The only way you can make money in Forex is to become the house. That means you need to be the broker who collects the ...

Proof That Forex is Random video

Using your definition of predictability, the sun rise/sunset. The sun rises at 7:20 am and sets at 5:04 pm every day so I should be able to see the sun during those times. That is predictable. Can you predictably guess which days in December 2018 ...

Proof That Forex is Random video

After I read some of you other posts, I think I was wrong and that you have genuine interest in the random theory. An easy proof that market is not random is a Janet Yellen speech. If she says exactly what markets expect, USD remains stable. If she ...

Proof That Forex is Random video