The thing is that all this deep sh1t is almost priced in the Euro. And yes, the EU has its crisis and it's very worrying. But we work on that. I don't see anything from the US yet. Well of course, "deficits are not a problem". Hell, why are they ...

EURUSD

Oh yes they teached me a lot indeed. But the last 6 months didn't change the underlying fundamentals which are much worse for the US now as 6 months ago. Anyway, what I've learned is to not only use fundamentals anymore but more technical stuff as ...

EURUSD

Looks like we'll close above 1.21...

EURUSD

I have some bigger longs at these level (around 1.21) and will hold them till 1.30.

EURUSD

Well at least we Germans produce something the rest of the world is willing to buy. I can't say that from the US. I doubt that the lovely iPhone will create enough income to compensate for the poor US industry. Anyway, I stick to that. The US need a ...

EURUSD

Keep in mind that the USD index never before gained for more than 6 months in a row. We are now in month 7. Already improving news from the EU will support the Euro in the near term (at least this month).

EURUSD

Easy to do with demo (virtual) money. I've seen this a lot. I just wonder where all those "demo millionairs" are in the real world.

turning 10K to 4M in a week!!

To become successful you need at least one edge. 1st: Drop this stupid risk/reward stuff. It's pretty useless. 2nd: Use low leverage (and no, 10:1 isn't low. Use 1:1 or even below) 3rd: Don't use tight stops ever (the tighter the stops you need more ...

Trading without stop-losses

Thanks Bill! Right guys, I'm short Euro and Aussie now, long Yen. Euro is still in a down trend even though I think the bottom is near. Will scale in longs below 1.20 again.

Xaron's $1,000 to anywhere trading horror show

Closed all trades. I guess I'm done for the week. image

Xaron's $1,000 to anywhere trading horror show

Short squeeze is coming. Watch out.

EURUSD

The same as in 2005. A classic (long term) USD bull trap.

EURUSD

Get ready for a short squeeze today...

EURUSD

Up to now it works like a charm: image

Simple Trend System Journal

Actually this isn't a real carry approach as the interest payments are rather small compared to the P&L.

Carry Grid

Small update: Currently there are 4 danglers: image

Carry Grid

Don't mix up account leverage with used leverage. You can trade 1:1 with every broker/market maker out there. If you have a 1,000$ account just use 1,000 units (or 0.01 lots). I can recommend the following market makers: Metatrader: Alpari UK Java ...

Which broker/account

There is nothing better than Oanda for that purpose and account size and 50:1 is more than enough.

A good broker

Let me explain why I doubt that: You go for about 20-30 pips with a risk of about 250 pips. Sure, this will work most of the time...

What does Abs. gain mean?