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- Mr J replied Jun 13, 2010
They're not even close to 5 minutes ago. I thought you'd posted those to show your recent trades.
EURUSD
- Mr J replied Jun 13, 2010
Note that people who did this in previous weeks would've been selling near temporary tops. Sure, but the weaker the EZ, the more it will be avoided. It won't go down forever, but I'd expect it to drop further once focus does shift to the US and ...
EURUSD
- Mr J replied Jun 13, 2010
I view intuition as the result of subconscious analysis. If our brain hasn't got a clue, out "gut" decisions will be poor, but if our brain is experienced and sharp, it should make good "gut" decisions. I'm sure our brains will often make ...
Trading is an intuition business
- Mr J replied Jun 11, 2010
And where's the volume? Your charts shows large spec as 68% bullish in early May, how did they feel about losing 5-10 cents? Big boys are overrated, there are many losers in that group. It also isn't a fight between small spec and big boys, both ...
EURUSD
- Mr J replied Jun 11, 2010
The good longs were in the 1800s, the decent longs in the 1900s. Above that is just a bad price.
EURUSD
- Mr J replied Jun 11, 2010
Odds are that if we can think of it, someone out there has done it.
EURUSD
- Mr J replied Jun 11, 2010
I simplified. How much I'd risk on subsequent coinflips would depend on how many are being offered, and what kind of capital I have. If I was just offered one coinflip, I'd go for 50%. If it were on offer until one side busts, I'd be more ...
Trading without stop-losses
- Mr J replied Jun 10, 2010
Depends on the strategy and timeframe. If euro rises to 2480, many position trades will suffer a drawdown of 600 pips, yet many will continue to hold. Consider another perspective: summer is hot, winter is cold. Not having a stop doesn't mean he ...
Trading without stop-losses
- Mr J replied Jun 10, 2010
I'd risk 50% providing the probabilities and reward are appropriate. After all, I risk 50% of my capital on dozens of trades, so I must have a price to risk it on a single trade. I haven't seen such a situation yet though
.Trading without stop-losses
- Mr J replied Jun 10, 2010
I didn't say it was a straight line, but that talk of a reversal after a couple of cents retracement is an overreaction at the very least. We've had a couple of 5 cent retraces in recent weeks, so I'm questioning those who are suggesting a reversal ...
EURUSD
- Mr J replied Jun 10, 2010
I heard the rounding bottom nonsense back in March-April. 23 wouldn't surprise me, but that is far from an overall reversal. If half a dozen pips matter that much, you shouldn't be so bullish. Seems like your view is quite shorterm.
EURUSD
- Mr J replied Jun 10, 2010
I don't want it to be "like any other job". Lifestyle and flexibility is one of the reasons I trade. Neither. I position trade from a laptop, so the world is my office.
Trade at home or at the office?
- Mr J replied Jun 10, 2010
But you're not going to rally the euro yourself. Why do you think money will flow back into the euro?
EURUSD
- Mr J replied Jun 10, 2010
Yes, and we retail traders overpowered them to push it down another 3 cents
.EURUSD
- Mr J replied Jun 10, 2010
Because trendlines usually have people entering at decent prices. Defensive trading is for pansies, I vote for pressing the advantage and kicking the opponent while they're on the ground. I have no problem risking my army going for the kill, if I ...
EURUSD
- Mr J replied Jun 10, 2010
With all the short calls here, I'd be happy to take some drawdown and see it push to 1.23 before collapsing
.EURUSD
- Mr J replied Jun 10, 2010
Bull prints a couple of decent candles and suddenly we're reversing? I remember the same kind of talk back at 2300, and many other times so far this year. I've also pointed this out every time someone has talking about a reversal, and I'm sure I'll ...
EURUSD