It is rediculous. I analyzed the moves a bit... it seems BOJ always try to kick out the carry traders - especially over night in Europe/US. Probably low volume? After kicking them out they let i rise again. Same over and over. But today I got ...

USD/JPY Discussion

How much costs your course? Thanks in advance.

Gold

Sorry to say but: Sell 1.1026 now. Aim: 40 pips down. Overheated. Needs correction. No buys anymore (for me). Cheers Edit: I called probably the top for now. Sometimes I'm able to do that. Currently 1.1025

EURUSD only

Haha, same here. I also got caught too early and after a drawdown of 25% of my carry trade portfolio I was already a bit shaky but I watched the news and there was: nothing. So I knew that move is a "fake" move to shake out weak hands or to produce ...

USD/CHF

Hi Rick, thanks for the hints. I analyzed a lot of these trades, also letting positions run when in profit. You also can use that on counter trend trading but of course it works less. Most times you get another high/low and your break even gets hit. ...

Why do people promote dead knowledge and call it trading

What I don't like currently is the sync movements of lots of currencies. In some way it is normal but currently it is very orchestric. That worries me a bit. I hope it is only the summer hole.

Cable Update (GBPUSD)

Could be true. EUR/USD just right before the big shoot up after news were so bad from us. I think below that line are sitting a lot of SL. Let's see if the BIG Money finally releases, open the gates for their longs from last week to get flushed down ...

Cable Update (GBPUSD)

lol. GBP/USD: 20 pips. USD/JPY: 140 pips. Any explanations? What's going on with GBP/USD?

Cable Update (GBPUSD)

Thanks. The last SHORT trade you took (pic 1) is also a trade I like to take more and more because it is a mix of counter trend and trend trading (trend on micro time). When I saw correctly your system shows to go short in an ending uptrend still ...

M1 Countertrend Scalping Strategy

Hi RickM, I think I could really still learn sth. from you. I'm the opposite trader. I perfectonate it already a lot. I never us SL. I appreciate your input here in the forum. The reason why you are profitable is because you use ECN Broker. ...

Why do people promote dead knowledge and call it trading

I did not intend to offend you, last days were really crazy and hard to trade for scalping like normal (the days when shit hits the fan). - In general you make huge losses on days like that as a scalper. So i was wondering how you managed it. But it ...

M1 Countertrend Scalping Strategy

Hi Frag, interesting to hear. May I ask how big is your spread? 0.3 pips around and 1$ round turn or better?

M1 Countertrend Scalping Strategy

Thanks Niks for insight. Now show us please your huge loss from last days and how you handled that. Thank you!

M1 Countertrend Scalping Strategy

That's the question. Definitetly BOJ, the other central banks probably not more than usual. I think it is a big attack from institutions cleaning the market from the small traders earnings last year but i'm not sure. As I said I cannot really ...

AUD/USD

Anybody know how they earn money? Spreads are most times 0. Nothing. But commission is also 0! Is that serious? I find it weird. Any hints on that? Any experience?

Afterprime

sth. is going on at JPY. Spreads are 20 times higher than normal on ECN brokers. How can that happen? Seems someone always takes huge gulps out of the market (liquidity). Almost impossible to trade. Is it by force?

New Cable Thread & Other Pairs

Last monday: 155 this monday: 141.70 wtf.

USD/JPY Discussion