how about USDJPY — Hi all, Considering the recent USD strength, do you think that USDJPY is likely to go down towards 103 in the next weeks due to carry trade unwinding or something similar? On the daily chart I am have a bearish view of ...

EURUSD

Reply to Trading 801 — Hi Trading801, you can check out this link url or just google "forex leverage" and/ or babypips.com (nice site with lots of free info). Leverage 20:1 means that with USD 1,000 you are controlling a "lot" of USD 20,000 ...

EURUSD

Just a comment on your trade — Hi Trading 801, Noticed your message and I want to comment this: If 6% of your capital is 30 pips, then your leverage is 20:1. I personally believe this is very high and therefore you cannot remain emotionally ...

EURUSD

Bearish as it gets — Well, it seems that EURUSD will head down and down again in the months to come. I believe it will decline lower at least until EURUSD 1.2800 (just my personal view), since the monthly upward trendline was broken at around ...

EURUSD

Good replies - thanks! — Thanks for the replies, again. Made me think and I will try to hang on, learn more, be more disciplined and I think I will order the book mentioned by MrGreen it should be an interesting read. Anyway, I needed to ...

The odds against us (retail traders)? what can you do?

I don't think I'll continue with FX — Find it too diffiicult especially psychologically and the rewards are much less than the risks encountered when trading a micro/ mini account. I found I became obsessed with FX to the point that it became ...

The odds against us (retail traders)? what can you do?

Other thoughts — Hi all and thanks for the replies! For me I guess the greatest difficulties are still discipline, position sizing and also the need to be present in the market. Discipline: Although I know the rules it's hard to obey them and ...

The odds against us (retail traders)? what can you do?

going long 4h chart — I consider that 1.4800 is broken then the pair EURUSD can rally up to 1.5050 in my opinion (based on 4H charts). shall wait and see if I am right or not. THIS IS NOT A TRADING RECOMMENDATION, JUST MY VIEW OF THE MARKET. ...

EURUSD

No one is answering — Man, either I'm asking boring stuff or no one is using market psychology. anyway, just for info purposes, you may check out this article about SSI for this week url all the best, Bogdan (hope I am allowed to post ...

Sentiment indicators - i.e. COT, SSI

I just shorted the pair — Based on daily timeframe (due to my day job I am somewhat "forced" to follow that mainly). On the daily I personally see a bearish formation considering the dojis in the last two days and the break lower from today. I ...

EURUSD

Maybe the downtrend will resume in the coming weeks — Hi all, I've attached a daily chart of the EURUSD and we can clearly see the triple top that has formed in the recent period, toghether with a divergence of the MACD. Following the recent ...

EURUSD

Classic 500 - answer — Hi, Classic, are you joking about the NFP or is it for real? Anyway, if it's for real I'm talking about the Non-Farm Payrolls, one of the most important economic releases for each month, due in the first Friday of the ...

EURUSD

Hi Jurassic, I think I will definetely implement the 1-2% rule you mentioned in the future and maybe not even trade the news at all. I am mostly a technical trader but today I finished the dayjob early and was able to be at home when the announcment ...

EURUSD

COT data coming up soon — Hi all, let's see also how the data for the COT committment for this week show up so that we'll find out how the institutional speculators and traders are positioned . the data will be due in about 10 minutes on the ...

EURUSD

Finally EURUSD went down — Hi to all, Well after some reluctance, the EURUSD went down and it looks as it will continue down for some time now. My initial position was taken out by the huge spike recently and I re-entered at almost the same ...

EURUSD

My downward bias was wrong — Hi to all, after my post yesterday when I said I still had a downtrend bias towards EURUSD, I was proven wrong by the actual market movement. However, I feel good that I used stops and I didn't lose that much ...

EURUSD

EURUSD - still downtrend? — Hi to all, Does anyone else think that the EURUSD will depreciate in the coming days/ weeks until at least 1.50? My bias is for a downtrend following the price action that started last week but I guess today was an ...

EURUSD

What's FXLQ you are talking about? I didn't know about that and I am interested to know more - I thought all was okay with them but apparently they've got some issues, is it? they boast with the prizes and all of those awards they got, it seems to ...

The Joy Of Interbank