oops forgot the chart Ok the 2 blue lines are major resistance and support levels. Eur/usd need to break thru those levels and find support there. Then we know we are going higher. If is doesn't then we might go down all the way to fibonacci ...

Now I know why 95% of traders are on losing side

My heart goes out to you dude. Yesterday was nasty. First you need to get the bigger picture of eur/usd assuming you trade it. I recogn it's the easiest currency to begin with. If you look at the chart i have posted you will see that in the ...

Now I know why 95% of traders are on losing side

Yip i know that strategie whereby you use the 20, 50, 200 ema as support levels and the market do tend to bounce of those levels. And to use 200 ema as long term trend and 50ema as medium term trend and 20 or 10 as short term trend works well. I ...

Now I know why 95% of traders are on losing side

Lol...did he open a $1 account and after 5 minutes he had an account balance of $100 000?

Now I know why 95% of traders are on losing side

Here are 3 quick trades in a row each giving me 5 pips

iandekoker's 5 profit target trades

If you mean big banks when you say speculators then i agree...but i am sure you would agree that all of us here on FF and other forex forums are not even a drop in the ocean... ps....oh yes and then Chuck Norris can move a currency by just staring ...

Now I know why 95% of traders are on losing side

sorry no offense meant to you. i was just making a joke at my own expense. At one stage i tried to trade 6 currencies but there were just too many things to look out for at one time...but then again i am a little bit slow....lol i do apologise if my ...

Now I know why 95% of traders are on losing side

I agree with you especially if you wanna trade usd nowadays. There are so many fundamentals that drives the usd.....and this comes from me who at one stage also thought fundamentals are overrated....but i learned my lesson the hard way....lol

Now I know why 95% of traders are on losing side

and minutes later a long trade for 5 pips

iandekoker's 5 profit target trades

here is a short trade for 5 pips

iandekoker's 5 profit target trades

here is my first long trade today

iandekoker's 5 profit target trades

You are contradiction yourself. You say there are some indicators that doesn't lagg and you use one that looks into the future based on an excell sheet with daily data which is LAGGING since you can only use yesterday's data on the excell ...

Now I know why 95% of traders are on losing side

HHHmmmmm ok

Now I know why 95% of traders are on losing side

Seems like there are a few people trading more than one account. Wow and i thought i was making it difficult for myself trading more than 1 currency pair....lol

Now I know why 95% of traders are on losing side

You are spot on. There is NO way the usd can strengthen so soon. There are no fundamentals supporting it currently. Only Bloomberg and CNBC will tell you the US economy is healthy. The rest of the world knows it is not Dont mistake profit taking for ...

Dollar.....Whats Next??

here is a long trade on 15 min chart worth 5 pips.

iandekoker's 5 profit target trades

I think someone pissed Chuck Norris off....lol "Experts" recogn it was risk aversion. USDJPY is widely used gauge of risk appetite. Also a lot of carry trading unwinding....lots of people got burned again.... Also gold traded a bit lower today Wait ...

Anybody know why USD is strengthening?

here is a long trade on 15 min chart

iandekoker's 5 profit target trades

Hhmmm not a bad idea...cause almost 99% of our trades show 1 pip profit at same stage...unless of course you meant to buy but then accidentely hit the sell button...lol lemme ponder on this for a while...you might have a good point

iandekoker's 5 profit target trades

Yes i agree. Trading the daily charts are awesome and very profitable. I think it's the safest way to trade.

Now I know why 95% of traders are on losing side