It is the same story as always. Expectations vs reality. One thing we can conclude from the last few days of EUR/USD is that, no matter what, you need to be careful with leverage and your risk management. Probably the most important thing. Many ...

Yeah, I did take the opportunity. On Monday I didn't find anything, but on Tuesday I found a great chance to enter a short, added an additional position after the FED announcement as well. I'm no longer in the trade though, the move was very sudden, ...

Working with people who have expectations from you is very hard... I can guarantee that that surgeon was not lying!

You sound like you did take some offense. Sorry for that. Don't know why. It is very strange for you to take offense if someone says he uses a different trading style than you. Im not agent of a financial institution, simply trading through my own ...

Good way to think about it. History repeats itself. What I've found is that focusing on the bigger cycle can sometimes be less productive... This is mostly caused by the lag in the cycle transition, my general policy is : If you don't want to make ...

Thanks for your reply. Yeah, I'm not a regular here, or anywhere for that matter and I don't know your style, but thank you for sharing information. I meant no harm with my comment, I did not mean to say anything negative to you or about your ...

This is something I often though about, it's hard to say... i also think, what is a cycle? Every cycle can have a thousand smaller cycles, maybe we can upscale it and find that a cycle lasts a whole lifteime, maybe even more... It's depressing to ...

I'd like to add my comment, I personally found that the biggest profits for me are from trades that have a very high reward compared to risk, but for this I'm mostly talking about mid to long term trades that last for weeks, sometimes months. When ...

Most of the heavy lifting when it comes to consumer spending was done on the services side. Services do show up in some places in retail sales; But because the report is a better refleection of goods spending, it was expected it to be hit and miss ...

I'm not familiar with the matter you fellows are arguing about, but i don't see the point. We are all here to cooperate... at least i would hope we are here to talk to fellow traders, learn, teach and share ideas. If some members have malign ideas ...

In the chart below I've attached the relative value of EUR and USD over the last 18 days. On friday, the EUR was unchanged in it's relative value, while at the same time the USD increased. Based on fundamental data i believe that the EUR "owes the ...

Yeah, at this point I've switched to the bear camp. I currently do not have any positions in the market, I have closed all my longs for the time being. Your reasoning for the decline on Friday is very logical, but one interesting thing that I've ...

I feel the same way, especially if it closes below 75... if we don't get stuck around 45 level again, we might even have a second red week in a row... and if that happens potentially even a third.

The EUR is trading in the high 1.21s with an aim to breach the 1.22 mark that resisted its climb on Monday and stands as a strong ceiling ahead of a possible move to the mid 1.22s. The EUR has sat in a ~50pips channel through the week with firm ...

Thanks for sharing! Yeah, on your chart it is a different situation , but I think the difference between my and yours comes from us estimating the value on different time scales. For my calculations I've used 3 cumulative data sets, 198 days, 99 ...

For tomorrow we should be looking at buys only, the relative value of the EURO has remain unchanged for three consecutive sessions, while USD remains at a low level (even after it gaining in relative value today). Even though today was a quiet day, ...

Closed my position at 1.17478, a solid 162 pips profit. Since the fall was so sudden and sharp, I've decided to go for option 2 and close it manually, we've reached my minimum acceptable price of 175xx. As i've already said, we have broken through ...

I might have went a bit ahead of myself there, what i meant to say was that it is very likely a start of an uptrend on a montly basis, according to me at least. I'll share this attachment where I roughly drew how i see trends on the EUR USD ...