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- JauntyLoon replied Aug 2, 2022
Doing nothing and going nowhere. Hence the reason so many are tempted to get into the minute-by-minute charts ... that greedy temptation will cost you dearly

EURUSD
- JauntyLoon replied Aug 2, 2022
And I take it that people who are interested can, ahem, 'contact you' to find out about mentoring fees and the like.
EURUSD
- JauntyLoon replied Aug 2, 2022
Absolutely nothing, and everyone should try it. When I tried it, I consistently lost money so it doesn't make sense for me to do it any more.
EURUSD
- JauntyLoon replied Jul 31, 2022
G-d knows ... EUR/USD is supposedly beginner friendly. I've said a few times that a 50 > 200 MA (or 50 < 200 MA) cross on the daily chart seems to give a good trend 25% of the time, and the profits from that 25% of trending runs might make up for ...
EURUSD
- JauntyLoon replied Jul 30, 2022
Here's a 30 min chart. 1) Where does price go next? 2) How far does it go in that direction? 3) Where do you put a stop? 4) Where do you put a limit? 4) If not using stop and limit, where/when do you bail on the trade? Any honest person will tell ...
EURUSD
- JauntyLoon replied Jul 30, 2022
Buddy, Bollinger Bands don't tell you anything. Price will either bounce off Bollinger Bands or it will 'ride them' until eventually it stops. BB themselves are of no use in telling you which outcome will occur. Even if price 'bounces' off a BB, you ...
EURUSD
- JauntyLoon replied Jul 29, 2022
There isn't anything to learn, at least not from books. Also, *all* solicitations to learn to trade by attending seminars or hiring mentors are fraudulent. The only retail traders who can consistently make money are people who average in to stock ...
EURUSD
- JauntyLoon replied Jul 29, 2022
Well, I am sitting on my ass waiting for a huge crap - but it looks like Euro beats 10300 by September so I will be buying back calls for a big loss. I have only ever lost money trading FX

EURUSD
- JauntyLoon replied Jul 29, 2022
Right now the USD has gone nuts, it is howling at the moon and smearing the walls with its poo!

EURUSD
- JauntyLoon replied Jul 29, 2022
Euro has stopped crapping - it has wiped its poopy butt, pulled up its pants and is ready to march on to 10300 and above (which will cause me to lose even more money
)EURUSD
- JauntyLoon replied Jul 28, 2022
$450 billion falls far short of what the U.S. economy needs for new infrastructure, new jobs and a new path to growth (including stock market growth). If the USA can waste $50 billion on a lost cause like Ukraine, or waste $2 trillion on a pointless ...
EURUSD
- JauntyLoon replied Jul 28, 2022
Someone asked 'will it go up or down', should I go long or short? Analysis of short-term price action shows that it is doing both - this is called whipsawing. This helps to ensure that short-term, non-position retail traders lose money no matter if ...
EURUSD
- JauntyLoon replied Jul 28, 2022
Yes, Senator Munchkin has agreed to a ~$450 spending package. (Not much when you think the USA pissed away over $50 billion on Ukraine.) EUR/USD rises in a risk-on, stonk-on environment. My prediction is that retail traders will keep losing money.
EURUSD
- JauntyLoon replied Jul 28, 2022
The major indices could be in for a period of sideways trading for years to come. Will Euro/USD be the same?
EURUSD
- JauntyLoon replied Jul 28, 2022
It is approaching the 'constipation point' again, will it break free and make a big stink? I will make the grand profit of about £200 if the price is below 10300 on 21/09/22!
EURUSD