Eh, I'm not interested until at least 2280+, and maybe not til 2330+.

EURUSD

Your mistake is assuming bad news for US means bad news for USD.

EURUSD

When big money takes some profit.

EURUSD

What ak4x said. Anyone who think bad home sales is bad for USD and therefore good for longs here needs to re-examine their understanding of the market. What was it like then? I started in '09.

EURUSD

If you have to ask, it probably means you were just lucky. However, nobody can say without analyzing your trades and methodology. You made no mention of trade size either, so for all we know you could have risked 40% of your capital on a single ...

Am I good or just lucky?

So you're comparing a trader who trades at home, to one who trades in an office and wants to expand his business? Not a sensible comparison - if expansion is the aim, of course an office is the way to go.

Trade at home or at the office?

In my opinion, the reason to move the stop to BE is to limit drawdowns at the expense of potential profit. Really, we're talking about the speed at which we move to BE, as when price keeps moving our way the vast majority of us will move up our stop.

Moving Stop to B/E (Break Even) Discussion

Yet the AUD isn't even down a cent at the moment.

EURUSD

While I'm not a fan of the term "oversold", I'll point out that we may have broken that TL, but we bounced off a 1-weeker....bounce perhaps being too strong a word.

EURUSD

It's fallen somewhat, but don't count your chickens before they've hatched.

EURUSD

Not true; they both contain the usd, so there is a certain amount of correlation.

EURUSD

Describes my view of most intraday action .

EURUSD

Lower high, lower low.

EURUSD

From a certain point of view, and unfortunately most investors will share that view. How we get there does matter, most people just overlook it. I didn't mention large drawdowns, and I'm not going to argue with investors. If I want their money I'll ...

Attracting Investor Capital

No particular ratio is needed, just positive expectancy. If in doubt, close the trade and re-evaluate.

EURUSD

I'm guessing 50% retrace and lower low (excluding today's).

EURUSD

Of course it's limited, otherwise it would lead to extreme positions such as 20% swings on a single cent of movement! Pyramiding probably isn't an issue, and I suppose I'm just complaining about the oversimplistic view that most investors seem to ...

Attracting Investor Capital

Yeah I am, and above my stop loss. Small size, but annoying, and that was the risk.

Weekly COT report Analysis + Trade Ideas

That's fine by me. I'm not a socialist, I'm a liberal in the true sense. I'm not interested in equality, but freedom. The choice for the employee to stage a united strike, to choose to work elsewhere, and for the employer to set wages and fire the ...

EURUSD

Many industries function well without unions. Unions are practically legalised mafia. Unions may secure better wages, but at what cost?

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