I see it as a "much needed" correction that's technically perfect on chart. A pair just can't go in one way all the time, a bounce happens in strong downtrends and that's one.

USD/JPY Discussion

Yes but also got to say it was "technically" reasonable as Yen was clearly overbought on all timeframes and the move was so exhausted I mean 122 to 110 without any meaningful correction. and here we go. My bias is still for USDJPY to reach 95 ...

USD/JPY Discussion

Who did ride the selling from top on EURJPY? It was fun!

USD/JPY Discussion

Thanks so much. I'll try to apply what I have read in small position size and see how I get with it. Yes I am still new, since I can't control emotions when I am trading like you say. I lost a few accounts as expected, this time the account is ...

Experts, help me please!

Well it's quite exhausted, 7 strong bearish candlesticks on daily. One would expect a nice pullback around the corner I guess. Problem is entry, will it record a lower low or just retrace from here?

USD/JPY Discussion

Trust me, many things work really really great until "some time" and the method will be void. I've seen it before and It will happen again and again. The unexpected.

my grail system

Do not worry, one thing I learnt is to not take words for it anyway - How many times large banks have predicted the markets and they were wrong? Top analysts also did the same mistake. It all comes down to risk and money management. That's where I ...

Experts, help me please!

I am trading off 1m to 30m charts because I do not have the nerve to hold trades for days. I am willing to spend all time on screen if it is worth it, but actually spending more time looking at charts leads to me making more mistakes cause I can't ...

Experts, help me please!

Right. But to be able to make profits using this strategy, I have to hit a high win rate (Which is very hard nowadays) because I'm pretty sure that more often than not my stop will be hit. I have watched markets for long time, and the big players ...

Experts, help me please!

This is a very small candlestick for a Wednesday. I think after the news in 90 minutes it will decide the trend.

EURUSD

You know when I started I would not ever accept a loss and would keep on losing positions hoping they turn BE or green, and usually they won't you know but after losing a few accounts I started to actually CLOSE a losing trade and this helps me ...

Experts, help me please!

Easy said If trading is simple, all traders would have been winners and you would not see these forums even I guess. I am a web programmer so I know what's a difficult job, and trading is really really beyond difficult. It requires a very high ...

Experts, help me please!

Thanks a lot for your kind words and recommendation. I feel happier that many traders went through this like me I was feeling like a zombie or weird. I think that 90% of trading is Psycho / mentally and the rest 10% is your entry/actual trade. ...

Experts, help me please!

Good point. I'll try that, and will also try to use SL / Stops / BE. Hope it improves my trading, if I failed, I'll just be one of those millions who failed. No surprise

Experts, help me please!

Oh I am really glad that I am not alone and that all new traders went through the same thing. Thanks for all your suggestions, I need to start learning how to use BE stop and do not let my losers run and eat the account. It is very difficult thing ...

Experts, help me please!

Who is reopening shorts here?

USD/JPY Discussion

Shorted EURGBP, looks so exhausted and safer bet maybe. Will add up if it goes up more.

EURUSD

Do not think 1.1280 will cap today's rally, I am looking for reaction around 1.13 and 1.1340/50

EURUSD

Ready for the 1.13 test guys?

EURUSD