Good point. Thanks. Like others have said, having no position is a position. The old me would have been burning up while missing out on that move. "The market will always be there" helps, too. And when I'm winning, no more of this, "Yes, f-u, ...

EURUSD

Thanks. Speaking of guns. Time for another "shot." Which is another thing that amazes me. I haven't had a drink in six months. Until this past weekend. Then when I had a few, something just clicked with the charts. Saw something different. Don't ...

EURUSD

Thanks. It was worth it. Learned a lot. Just sitting during the NY/London overlap and watching price, not trading, even during a big, huge move really helped the mind thingy. Now when I'm in a trade, I don't panic, "Oh, crap, it reversed, etc...." ...

EURUSD

Yep. I took a major break last month from constantly trading everyday and just watched price action. Now, I'm leaning towards swing trading. Get in at the right time, and let it run. Learn the cycles, patterns, etc...... Since this week started, ...

EURUSD

An update to the H1 levels I posted earlier. Retesting them.

EURUSD

Spot on.

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Good point. I was working for the airlines back then, and yes, a lot of my co-workers with that type of mentality lost a lot. Then 9-11 hit, and we were all in the sh*tter. Coming back into this market in the middle of 2011 was just perfect timing ...

EURUSD

Agreed. A "properly" drawn chart will tell you when and where to trade. (I know, I know, define the word "properly"). And yes, the fundies fill the techs. That's why I don't trade with feelings. "It has to drop, it just has to, because (fill in the ...

EURUSD

Wow. When I look back at the mid 90's, and the stuff that I could have bought then, but didn't, and what they're worth today, just gets under my skin sometimes. I first got exposed to forex in 99 but blew it off. Live and learn, I guess.

EURUSD

Nah, sell it on ebay.

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1775 and counting.

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That's why the revolution will NOT be televised.

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Levels I'm watching on H1.

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One more before I go. Have you ever noticed how some people like to do things half ass backwards? Why not do it with fibs, too? Same chart but connecting the same swing tops backwards. Then you trade accordingly.

Why do people use Fibonacci in trading?

Here's an example of what I'm talking about. What is every trader told to do, when they are new to the markets, in regards to fib retracement training? Connect the bottom to a top in an uptrend, etc....... Why not connect a top with another top? ...

Why do people use Fibonacci in trading?

Once you understand the picture below, than you'll understand why the Golden Ratio works in the markets. Just like the golden ratio works with everything else in life. And like the other poster said, there's different ways of connecting your fib ...

Why do people use Fibonacci in trading?

Waiting for the retest.

EURUSD

EUR/NZD weekly update.

Gann Analysis

Agreed. Risk, the only thing that you can control.

EURUSD

Just went ahead and shorted, too, @ 72, SL @ 92, going to keep tp open. GL

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