Wow, this and Richmond manu numbers were terrible. Right?

EURUSD only

Just my opinion: LONG only till: FRIDAY, 4/6 OR close DEFINITIVELY below 1.22870. If it gets to around 1.2320 on Consumer Confidence news, that would be a steal for more LONG in my opinion. I'm already long a bit at 1.2375 and I'd do 25% more ...

EURUSD only

1.2448 was a good price to short at... and above 1.2550 could be a good stop. Definitely a countertrend trade though because it is LONG signal till 4/6 (probably) or below 1.22870 in my opinion. But for all you short term intraday guys that want to ...

EURUSD only

Starts to look overvalued at 1.2450 if it gets there... it is LONG cycle though and I'd still not want to short in my opinion until: below 1.22870 OR It is 4/6. The current LONG signal should end at 4/6 if not below 1.22870. Already TP on some long ...

EURUSD only

Maybe someone has mentioned this on the thread already but here is a comment: You CAN have a system that looks terrible work by just switching the sides. However/BUT, and this is a big but: your holding period for trades and transactions needs to be ...

Forex - A negative sum game for losers

If it now goes the opposite way (up, holding above 1.22940) AND ends above 1.2340 by closing in EST, I'm going to be SUPER, SUPER SALTY... haha. Then I suppose I fire up the old try to get more longs again... but I would have lost my lower positions ...

EURUSD only

Flattened the LONGs a few minutes ago. Made 5% profit. A bit peeved because I was up 30% and overnight missed TP where I would have been up by a much higher percentage but... Basically think it gets "heavy" below 1.22940 and it is definitely there ...

EURUSD only

Hmm... some interesting news here: Really interesting... wonder if this is why it is holding for now and the chart action looks so strange for the past few days. Haha. Although I don't think this could imply causation. BUT there has been a lot of ...

EURUSD only

Looks like some really odd resistance at 1.2340 to me at least... just cannot get reliably above that. I might leave the market because I'm at a loss for what to do. I'd have expected it to break it yesterday and keep going up over time, but here we ...

EURUSD only

Great points, especially the swap part. I still think though that: We need "trends" to be reliable to buy low and sell high - or vis versa. Trends are not as reliable on the lower timeframes But maybe I'm just not cut out for it and it is just ...

EURUSD only

I feel fortunate because I have good systems that still made money in this period. Personally, I'd consider "intraday trading" as just a word though - leave when the profit is done... I also could be biased/wrong and thinking it is not possible ...

EURUSD only

Personally, I do not see how US can have more than a few rate rises given the current rate of growth of our debt, and that I think we moved a lot of the financing to more of a short term basis. I think that is why they are backing off now and say ...

EURUSD only

What a MESS! And 1.2294 keeps holding, right? Been an absolutely horrible last 30 trading days... no clear direction and crazy direction switches. Anyone who has been trading this period and not lost is in my opinion PRO. haha. I'd personally like ...

EURUSD only

Again, can it break 1.2321...

EURUSD only

1.2294 now looks like LONG support. haha, right? We shall see but that one did NOT want to break a few times before... will be interesting if it now sits above this.

EURUSD only

If 1.2321 breaks, could get interesting in my opinion... shoot up then? For either side, it has been horrendous action. Not the easiest to deal with in the past 30 days at least in my opinion. I'd say short below 1.2321 given the current action if I ...

EURUSD only

Would think this means it should go up, but who knows... this is the most important news I've read it seems at least.

EURUSD only

LOL, someone false started...

EURUSD only

In the US I am pretty sure it is supposed to be taxed as "ordinary MISC income" which flows through to your personal income- it is on the 1099 MISC. IE if I made 100,000 and then with FX made 20,000 the government taxes with the standard brackets ...

EURUSD only