Lifeless day so far. 112.5 is rock solid for now... Might be a time for new long position...

USD/JPY Discussion

I know, I was thinking that market is going to react to Kashkari's comments today and pull the pair back to open level or down. Waiting for Evans speech in few hours.

USD/JPY Discussion

Persistent bearish pressure currently, out of nowhere... Fell down from almost 112.90 to 112.600. In just one hour.

USD/JPY Discussion

Price has moved almost 40 pips in upward direction today, that's damn good for a banking holiday. and day have just started...

USD/JPY Discussion

1. Keep your full time job, until you earn enough to quit, have enough to live for years to come, and have enough for your trading account (10k dollars and more). 2. Practice trading see if it's for you, and if you can be successful. If you can, ...

How to make a living with trading?

Long, waiting for 113. If it deflects off it, I am closing my position. If it goes through, I am holding long for days to come, with trailing SL. This pair has suffered downisde for no good reason...IMO.

USD/JPY Discussion

Oh, the tears of someone who just lost a position, and is now blaming everyone else except himself... Those tears are bitter... Been there, done that. We were all fooled by yesterday's events, thinking that dollar will keep climbing indefinitely. ...

The public will never get a "good deal" in the markets

Current look on this pair is making my eyes wet... I knew that decline was not going to last... Nevermind, I hope that others have got many green pips.

Cable Update (GBPUSD)

All the best on your road, wherever it takes you...

I plan to quit forex!

Held short yesterday until I saw EIA report. Closed position, and went long. Target: 52. Special attention needs to be paid on Friday, when Baker Hughes announces new oil rig count. Oil's gains are vulnerable, and bulls need more than this small ...

Oil and Natural Gas

Pay attention to today's EIA crude oil inventories report. WTI gained some yesterday due to API reporting minor crude oil draw. However, recently, EIA and API never agreed with each other, so if you see another crude buildup today, sell. Sell with ...

Oil and Natural Gas

House money, once in your hands (account) is your money, that's how I see it. If I had 500 dollars, then earned another 500, and then if I was trading with 1000 dollars, I would be risking 100 percent, not 50 percent. But it's OK if some people ...

500% a day

Risking this much is a recipe for disaster...always was...always will be. You're basically looking to multiply your equity 5 times each day, which is insane. For this to achieve, all of your equity must be used. This isn't a trading anymore, this is ...

500% a day

Bears is still in control here, it seems. Looks like gold tried to recover, but recovery was limited. if news go as expected this week, I think bears will dominate. Especially when FED finally announces rate hike. Although, impact will not be that ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Didn't go as I would have imagined, but still selling pressure was somewhat mitigated on daily candle. i would wait for Article 50 to be triggered to return to this pair...

Cable Update (GBPUSD)

What I think happens now: This was a panic sell, and market will quickly correct itself. I have been taken out of my trade, and have not enough courage to open new long again. When I see it going up again, I will be quietly dying inside.

Cable Update (GBPUSD)

Just as I was writing that, my stop loss was triggered. Green it is, but still not very happy, don't know what kind of news affected this pair so much...

Cable Update (GBPUSD)

The bears have gained control again... I am very near closing my position. I will wait just by a little bit, this bearish pressure was from Asian session, if bearish pressure continues during London session...that's it.

Cable Update (GBPUSD)