You win

EURUSD

Pop quiz: If eurozone defaults. Euro goes to the toilet. How many dollars will it take to buy Euro? Answer: 0. So When a currency goes to zero (or kaput), the exchange rate can go to zero. Simple math. PS: Your example of a currency having a value ...

EURUSD

Too good. Should go to the hall of fame.

EURUSD

Yes. So good time to short for a few pips. Before it breaks it when people will start finding wave, and then maybe it will recede to form a h/s only to be broken again. Who knows where it will go. Think short term in trading and it becomes simpler. ...

EURUSD

No, I simply trade PA. Candlestick, bb, ma (no crossovers) and S/R. That's it.

EURUSD

Just shorted this. ETA: Closed, may enter again on confirmation.

EURUSD

H/S setting up nicely on H4. Remember last thursday when price retreated after US new release. I see the same PA, only 100 pips lower. I am interested in a short after release.

EURUSD

I think 4% for four months is too little over too short a time for you to contemplate going full on with trading. And those who say 8-10% are right but that is for a much much larger account. The sad truth is for most guys on FF, you have to really ...

Need some wisdom from fellow traders

Thanks. I will. Let's just hope we make money. Consistently. At the end of the day that is all that should matter.

EURUSD

You are very welcome. This is how I interpret the pattern shown in your figure. The market somehow felt that it needs a short term pullback (the bearish trend seen since thursday) on the mid-term correction (the breakout from 1.096) of the long term ...

EURUSD

If I may try to answer that question. 'Correction' is not born out of a collective decision people take when they think the price has gone enough in one direction. Instead, it is because the price has moved too much in one direction. Like an elastic ...

EURUSD

Thanks, buddy.

EURUSD

Depending on how convincingly (if and when) it breaks 1200 I might go short. The downward pressure is huge. Every time it made a move to recover this week it was pushed down by big money. Looks like it is going for the 200 ma on H4 which will bring ...

EURUSD

Pretty bad week. Made all the mistakes humanly possible. Looking forward to next week.

EURUSD

I know. And that is where I differ. Green pips to you!

EURUSD

It still is A correction on long tf doth not a trend make! Just sayin.

EURUSD

Good to see you! How've u been?

EURUSD

Got out at +38 pips. Could see some pullback here.

EURUSD

tp 1380

EURUSD

So, y=+1 when forecast>previous? Does this correlate well with weekly close?

EURUSD