Don't quit your job. You can do trading in the evenings or in the mornings. Psychologically it is better to have an additional source of income.

I have a profitable trading strategy. Should I quit my job?

Shorts are covering. Bernanke will have another speech tomorrow.

EURUSD

Still short or closed it already?

EURUSD

What funding events tomorrow?

AUD/USD

1.5 — I agree, everything seems to go down lately

Cable Update (GBPUSD)

This sucker is going down — risk off big time

Cable Update (GBPUSD)

BOJ gave a finger — I was expecting some action from BOJ overnight. I heard they were going to announce some extra measures.

USD/JPY Discussion

I was wrong — Played EURUSD long, got my lesson now. There is a huge 30-year bond auction in the evening. Could get interesting.

EURUSD

Dollar index — Dollar index peaks in the middle of July historically. So EUR going up unless Europeans mess things up even more.

EURUSD

Seasonality — Seasonally EURUSD moves higher at the end of July.

EURUSD

When shorts start to get liquidated then 1.287 is very likely.

EURUSD

Long — Opened 1.0 EURUSD at 1.22823. Stop at 1.2205. Target 1.2872.

EURUSD

Yen pairs — Considering the upside move from last week I think USDJPY wants to go higher. Unless equity markets tank we are going higher from here.

USD/JPY Discussion

Shakeout — They will shake out the week hands and it will go higher then. EURUSD will be at 1.30 in less than 2 weeks.

EURUSD

ECB — If ECB lowers tomorrow then EURUSD would jump 200 pips.

EURUSD

ECB — I bet EURUSD will go higher today and tomorrow morning as nobody wants to be short euros before the ECB. Also, NFP is on Friday.

EURUSD

BIS and other — I think major central banks will not let EURUSD drop below 1.25 in the coming weeks to maintain orderly markets.

Price Action and Trading Discussion