Not using stop-loss is a very good thing only if you are too big to fail. If your account is big you can afford to run bad trade for months and even years without affecting anything. The big guys do that and meanwhile they keep trading. I am trading ...

Trading Without a StopLoss

Not today but tomorrow you can try the GBP. Wednesday is important day for the NZD, definitely we'll see some movement as well as AUD later and USD on Thursday. Maybe not as big movements as USD from last week but chance to trade the news.

Central Banks & Big Players

Look at the USD/JPY- ain't that beautiful?

Central Banks & Big Players

Now the question I ask myself is will there be a retracement back? The answer of the back of my mind says "highly unlikely", so I am holding the bullish dollar position until target or break even...

Central Banks & Big Players

When I started live trading in 2009 I was quite surprised in the first few trades- the game is totally different from demo trading. Well, there was nobody to warn me back then but without any fatal consequences.

Central Banks & Big Players

Yep, it's going to be big I suppose. I am bullish on the USD, my 1 million demo account is at stake.

Central Banks & Big Players

All those who do not look at fancy charts with art lines and objects everywhere on them have made some bucks with this uptrend. Natural or not- it is a fact. Sooner or later bears will appear and guess what- all those who bought will jump in bears' ...

NZD/USD

No reason to stop until 0.85 and above.

NZD/USD

The thing is that we already have unusual behaviour in this zone which in the last several months reacted pretty similar. Past results do not guarantee future repeating but also the past is very respected in FX market time and again. Either someone ...

NZD/USD

2 bearish candles in 1H chart and a 3-rd one in the making maybe... Whoever went long these days made some money, congratulations. Now should be bears turn.

NZD/USD

Jumped in short- if the price goes south my first target will be around 0.838??, take part of the profit and dropping SL to break even. Second target 0.835 after that... Let's see.

NZD/USD

Doesn't have to be a doji- a nice significant bearish candle will do too. On a daily chart the battle is to close under 0.843 so on the next day to expect another try to break above or eventually a break down. Most of the traders here are nervous ...

NZD/USD