now all i need is a break above, then pullback and im long. Otherwise... short... maybe T^T

EURUSD

Hehe which is why im still waiting I need my confirmation!

EURUSD

Not going up till after 790. but im sure we will get there.

EURUSD

Because... not everyone draws the same lines as you do. More importantly, not everyone uses the same broker as you do so the charts look different.

EURUSD

we don't know that yet. 3790 and we might be going north. But south still valid right now. Always wait

EURUSD

looks like bulls winning Wait for uk open. Gogo!

EURUSD

baby bull too scared ??

EURUSD

so sticky. so exciting! bull or bears! heaven or hell! bring it ooonnn

EURUSD

lol im surprised this thread is still alive. this should be eternalized as one of the great threads of the internets.

AMAZING Strategy!!!

Honestly I'm north biased on the bigger time frames. And i cringe to the fact that I have to place a short on this one... But a scalp is a scalp. Make me rich babeh!

EURUSD

Looks like somebody is buying up all those shorts. Either that or that was a very short lived scalp. I'm with long. Though... probably not the best time to enter now. Waiting for breakout.

EURUSD

don't do it for forex. This is not stocks. But even for stocks you shouldn't be doing it anyway. Unless you are an investor. Who will buy and hold stuff for 15 years.

is Averaging Down Profitable?

Erm, why don't you zoom out a little on the timeframe and draw a long horizontal line. Then maybe you can see why.

EURUSD

I'm just waiting... for something to happen. Can't short till I see a strong candle formation. Can't long till i see a strong breakout. zzz

EURUSD

nothing to see here. don't feed the internet troll. OP strongly believes that trendlines don't work. So it doesn't. Case closed. For those who believes it does work, then it does. Case closed. In between all that bickering, a ton of reasons were ...

Trend Lines Don't Work

Listen to this guy. What you are forgetting here is the risk of ruin. Nothing like making a million dollars and losing 200k in 2 trades. Your pick

Chance of Consecutive Losses

Interesting info. Now you know that at one point in your trading career you can get 7-8 consecutive losses assuming your hypothetically high win rate. So when that does happen (as your maths proves will at some point in time), you will almost wipe ...

Chance of Consecutive Losses

Lemme simplify that for ya folks out there. MM will not make you more money if you are always wrong because all they do is control how much money you lose/make. (hence the saying MM does not provide an edge) A trading strategy(edge) dictates whether ...

Money Management - the art of the exit

if you have an edge... you don't need to hedge. if you have to hedge... it means you don't have an edge. if you don't have an edge, it doesn't matter how you hedge because you will still lose money. a good deal of people who hedge to prevent losses ...

"Hedging" Revisited

what bill said

How to calculate leverages relating to open positions?