My fucking SL was moved. I had like a 50 pip SL, but I was taken out at FIFTEEN pips. I had it above the resistance trendline, and the price didn't even come close to going above it. Do brokers do this a lot?

EURUSD

I see three possible options right now: The one I like most would be the short scenario, where the price breaks the trend line, which would confirm a H&S pattern on the 1H TF. Another option would be for the the bulls, where the price breaks through ...

EURUSD

The U.S. can and does tax expats who make income in another country. http://www.irs.gov/businesses/small/international/article/0,,id=97324,00.html

Forex Trading Income: how is it taxed?

I'm out on the USD/JPY short, missed about 15 pips, but gained 9.1. The price didn't go as south as I thought it could have, but it almost knocked me out at breakeven after I moved the SL there. Also got to scalp the GBP news release just a few ...

Price Action and Trading Discussion

After the FOMC news, USDJPY shot up to it's resistance for the pullback trend that's been on for eleven days or so. The support is getting close, but not close enough to cause a breakout, even from good news. I don't think the price will fall below ...

Price Action and Trading Discussion

So I noticed the lastest news report for JPY, and it was worse than expected, by quite a bit. USD/JPY goes down. Doesn't make sense. Shouldn't USD/JPY go up on JPY bad news?

Price Action and Trading Discussion

I like to use skateboarding as an analogy for a lot in life. When you are learning how to ride the board, you don't want to try to do tricks, because you will get hurt. No one, and I mean NO ONE, can pull off a frontside flip without first mastering ...

Rookies looking for something for nothing?

I started actually paying attention to the fundamentals of the forex (trading for a month) and for this week I feel going short on AUD/CAD would be a good idea. The permit news being much worse than expected gives me confidence. However, I will ...

Price Action and Trading Discussion