Derived by my system of course. It is mainly a matter of when a prior move requires a correction.It's really a complicated matter which I will address in a rather long future post. 2% & 0.1% respectively are allowed because of the symmetry axiom.But ...

EURUSD

Yes.The possibility of trend reversing at 1.2950 was 98%. The possibility of stopping withing +25 pips from 1.2950 was ~99.9%. By the way initially by stop loss was at 1.2978(1.2950+25+3[spread]).So all I had to lose was some earnings.

EURUSD

I am Heavily short EUR/USD. — I believe the current upward movement is completed .I was Long Euro since 1.2081.Exited at 1.2880. I went short 50% of my account at 1.2950 with 1/100 leverage. Current stop loss is at 1.2950. Target is at ...

EURUSD

I cannot reveal my method but if you read the forum next week I will have posted some very interesting stuff.

Experience, by Joe Ross

Just because you don't have a way to determine when such a move will take place it doesn't mean that it is impossible.It's possible and it's tradeable and if someone is a master trader he should disable the news feed as I have done. A ...

Experience, by Joe Ross

Major Reversal point for USD/CAD is 1.0488 If you can handle the loss till that price ... but averaging down is for the amateurs that will lose their cash. I will buy when it reaches these levels.If it doesnt I wont get in. I mostly trade EUR/USD ...

What do you think, Usd/Cad up?