about 100 pips upside. Euro is extremely strong today. end of the month crazy.

Want to know how to get rich?

yes, good calculation. the win rate at 90% is the key to maintain with a 0.5 reward/risk.

Want to know how to get rich?

this chart is E/G 30m chart. the new low was achieved around New York session open, after that, selling pressure was lost and reversal sign appeared, this pair basically is lifeless after London close throughout Asian session, so what is seen on the ...

Want to know how to get rich?

firstly, you need to be there to catch it, do you agree? I despised scalping for a long time until I re-evaluate my thinking and be a little bit more open-minded, then I discovered that it doesn't matter the time frame, price action happens in any ...

Want to know how to get rich?

IMO, close price in a line chart doesn't show how price traversed, i am ok with a line chart of 1m as the shadow/wick is rather insignificant 99% of the time maybe, but for a daily chart, a lot of details are missing in a line chart and you are ...

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what you mentioned here could be very true, but I personally don't think any of the big guys care about 1 or 2 mini contracts, as some institutional traders here mentioned, we got taken as a collateral damage. also, it depends on the broker type, ...

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good analysis, my bias is on the sell.

Want to know how to get rich?

that's why, stupid and lazy don't fit into this business, in fact, any business.

Forex Trading Philosophy

nope, he has very different trading mindset from yours. nonetheless, he couldn't be bothered to post anything any more. i guess profitable traders have more things to enjoy than log into FF, not even fun most of the time. not wishing you to ...

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PipEASY certainly doesn't agree #3 url

Want to know how to get rich?

market is the psychological reactions of both buyers and sellers. If anyone, scientist/economist or not, telling me that market can be mathematically modelled so that y=f(x) holds, where x is the number of factors and y is the price, i will be ...

Forex Trading Philosophy

because human are lazy and stupid

Forex Trading Philosophy

well, you got to focus on one pair especially you zoom into 1m chart. as long as the pair you are looking at is moving, you can make money.

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I am looking at 1m chart, the last swing low is only a little lower than the previous one, a sign that the sellers seem out of ammo, the slow grinding up shows the buyers are cautious. i guess a wedge is forming up. I guess your buy confirmation is ...

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yes, failed new high and the higher low is broken. wait for a retrace to sell, that's what i am thinking.

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i like to stare at this chart or such a kind, made me imagine looking at women's breasts, that's why i lost my focus, joke aside, looking at the 1h chart, a higher low was concluded, also, price hit higher than the previous high, i am looking ...

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as long as new higher highs are made, look for buy opportunities during price retrace, simple like that. many more pips to you, Yaed. and no point arguing with those who cannot get it, they are here because they are here.

Want to know how to get rich?

CP is obvious a smart guy, even a year younger than me, but his post defintely required a lot of effort that I could not put into place. I admire him to be honest. I used to think I am quite smart back in my early 20s, after I did an IQ test and ...

Forex Trading Philosophy

Just read the posts by cp and pipeasy, it's not hard to understand them, both seem living in Australia, I used to have a colleague telling me Aussies are rather street smart, it's sure a trader quality.

Forex Trading Philosophy

within a given time frame, scroll left, if new highs were made, only look for buy opportunities; if new lows were made, only look for sell opportunities, good entries are at where most people think it's a trend change. it seems gems like url and ...

Forex Trading Philosophy