If someone learns a lot from reading the Art of War, they didn't start with much. It's a lot like the "Dummies For...." line of books.

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The vast majority of participants in both markets are unskilled. Many people don't seem to realise that a lot of action in the markets isn't primarily for the purpose of making a profitable trade.

Got into a discussion with someone, he says forex is inherently a losing game

Think about it again. The purpose of the forex market is to facilitate currency transactions, such as business transactions or reserves. The purpose of the stock market for an investor is speculation (an 'investor' may or may not be investing, ...

Got into a discussion with someone, he says forex is inherently a losing game

I'd question the trading skill of anyone still holding on to a short. Having a negative outlook does not mean having to live with bullish shorterm movement. If someone does have a longterm negative outlook and they were good, they would have exited ...

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Forget R2, this is a proper resistance level - 35-40. Those who said 3720 should try a little harder .

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God I'd love this to collapse right now.

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8am GMT.

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92 minutes.

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If you need to ask, it's a trade you shouldn't be making.

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I have it between 37 and 3715, depending on the chart and when it hits. I don't see the point in mentioned lines 7-8 pips from each other.

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No, it's about helping ourselves. Some people are willing to help others as well though.

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How much attention do you pay to 4h and shorter timeframes? The problem is that you're not precise enough with your entries. Improve there, and cutting your 150 pip stops down to 20-50 will see a large improvement.

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Big stop .

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Your posts sound like someone who is having a good night at the blackjack tables.

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Why should they?

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A lot of people have miscalculated this resistance. It doesn't start and stop at 3680, it goes to 3700.

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We've also just hit the ML of one going back 4 years. They're everywhere .

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1.60, parity, either way $$$$$$$$$$$$$$$$.

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It already has retested, or at least is in the process of retesting. It was also a strong trendline on the 4h.

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Any timeframe on that?

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