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mokonni replied Aug 14, 2008Stick to one major currency and trade on demo for a year. Even if you refund your account and trade another pair- you will loose all if you don't know how to play this bloody game - and obviously you don't know it yet
EURUSD
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mokonni replied Aug 14, 2008You have to trade both sides of the market. Perhaps you miss this large green candle for the weeks to come
EURUSD
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mokonni replied Aug 14, 2008could be the bottom for today - gold making new lows but not this one
EURUSD
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mokonni replied Aug 14, 2008Yessss - probably catching a falling knife Look at gold and oil before going long !
EURUSD
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mokonni replied Aug 14, 2008Natural Gas Storage smaller than expected. Now you should think us economy is doing well consuming so much gas. Haha
EURUSD
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mokonni replied Aug 14, 2008Natural Gas storage comes out in 1 hour - Take care Gas > Oil > Euro
EURUSD
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mokonni replied Aug 14, 2008I go long if 1.4980 is tested again and holds Someone has to bring this up to 1.4920 for you
EURUSD
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mokonni replied Aug 14, 2008strong resistance @ 1.4930 - upper green trendline First strong support @1.4846 Pivot S1
EURUSD
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mokonni replied Aug 14, 2008You What ?? No action ??? You should switch your timeframe down from the weekly to 1 min
EURUSD
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mokonni replied Aug 14, 2008The real problem is we sometimes make that weekly 15 pip goal in a single trade and don't stop trading for the week. image
EURUSD
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mokonni replied Aug 14, 2008Even you only mange to make 3 Pips a day / 15 for a week /consistently . Here is the math Starting with 300$ and make 1$ per Pip ( high leveraged )and compounding your profits after 1 week : 315 $ after 50 weeks : 3.440,22 after 100 weeks/2years : ...
EURUSD
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mokonni replied Aug 14, 2008A gigantic triangle has build over the days False brakekout to 1.500 and then south Real breakout north Real breakout south False breakout south
EURUSD
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mokonni replied Aug 14, 2008Yes - the shorter time frames 5 min to 5 Tick - catching some mini Trends - they are there And ask yourself what trendlines and longer term outlooks are worth - regarding the last 2 weeks
EURUSD