Because some bears have left for some bulls. Where time to take a rest for the bear. Let the bull be the cook and the bear will eat what's is cooking. But the bull has no strength to walk a distance yet. And the bear will see how far the bull can ...

EURUSD

Arg....h. I love the companion of my cbot robot. It doesn't give a feck what you think and who you are. And it will behave as long as you are good with it. Well, It gives lots of profit $200 more to my demo account. But it feck up my live account. ...

EURUSD

News is in every way on the Euro side. People seems have forgotten Brexit, Frexit, and Grexit. And Trump is a lame duck instead of a barking dog. So, I don't know what can bring EU down atm.

EURUSD

Now you see it, now you don't see. It's slowly crawling up.

EURUSD

Not so quick. The most is 1.0890. MM's like to play a bit. Why not? So long as it is profitable. If you look, 1.0960 then BAM 1.12. Bye bye 1.10

EURUSD

SL hunting. And trap those 1.06 shorts as long as possible. Looks like yoyo 1.860 then 1.0720 back and forth before breaking out to 1.10 or 1.05

EURUSD

My advice to beginners: Don't use Fibs until you have confidence in them. Use SL instead. I have used Fibs again and again. Never see it as any use to me. Except bla bla bla bla ....... Don't waste my time teaching me how to use Fibs

EURUSD

Daily chart. The purple areas are possible future. Downside low 1.0620 (sounds familiar). Upside high 1.0960 -1.1050 (New highs).

EURUSD

I don't say it's useless for others. It's useless for me hence I delete them. Find others that are more useful. Why would anybody want to keep useless things? Maybe souvenirs. There are thousands of indicators. All are useful for groups of people.

EURUSD

What a cute bunny drawing. I like it

EURUSD

That's so true. I remove them, because they cause disaster in my trading. But, Fibonacci himself doesn't have any right to call me names. So who is closed mind?

EURUSD

I remove all my Fibs. Another trading disaster with Fibs. I don't ever try to use Fibs again.

EURUSD

It's not an uptrend yet. It just hit the top of downtrend of 1.0825. Now it's ready to go back to 1.07. When it goes past 1.0960, then I would say it's trend changing. I would say to sell 1.0860. And buy 1.07. Before we can see any new trend.

EURUSD

Have been there many times. I was a profitable trader until the rate hike. March is not good for many traders. Especially EU that hits the roof of 108. And UJ that drops like a rock to 110. Maybe should try more crosses.

Ratios & Harmonics: a Different Way to Trade

Hit my SL. We will see how things are on Monday. Now I see why 111 is too high for UJ. Well, because the market is dumping USD like toilet paper. EU and GU at 1.08 and 1.25. EJ should be below 120 and GJ below 140.

USD/JPY Discussion

Correlation is the worst indicator. I don't use it much, and don't believe that things have to move in tandem.

USD/JPY Discussion

Well, if you don't like Gold indicator, please avoid and don't look at it. Buy at 111.15, SL 111.00. TP 111.50 -60. Hourly candles indicate higher low and higher high. Hope it gets there.

USD/JPY Discussion

It depends on where you buy. You should look at the pivot. Do you buy at the previous day pivot,below, or above? I use 3 indicators 10 XMA, 48 XMA, and a typical price graph. Also consider the daily and hourly candles setup. Once you are certain, ...

USD/JPY Discussion

Nothing is for certain in market. But somehow they correlated. But everything can change. You have to watch intraday market if there is divergence. NZDUSD was related to Gold. Recent they diverge. Maybe someday, Gold, UJ, and Nikkei can diverge. But ...

USD/JPY Discussion