Risk is only part of the reward equation. Two traders may make 500%, but get their very different ways. One may have made 50 aggressive trades, and another may have made 5000 conservative trades.

How long can I use compounding?

Click on his name to go to his profile, and there will be an option to ignore. Nobody knows.

EURUSD

I've love a 30 cent drop.

EURUSD

That you are.

Stop fooling yourself; There is no system

The shape of the price action. Anything that appears in an indicator is already shown in the price action, so it's just a matter of being able to read it.

No Brainer Trades

Hey, practice makes for some good fun, and a good way to pass a minute or two .

Lack of practice in forex trading?

Paper money has as much intristic value as toilet paper or fire wood.

Crash of 1929 vs. Today

The support is a range, not a specific price. It's still in support as far as I'm concerned (this was directed at 1.4440 being support).

EURUSD

At this very moment, one thing I do know is that many other people have many other opinions. I cannot be of any further help.

EURUSD

Seems like a great trade for me. Course, the people on the wrong side can't appreciate the success . That bowl was bloody un-Australian, and a dark day in our sporting history.

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Whatever works!

EURUSD

Can't beat that classic . How many World Cups have the ABs won?

EURUSD

Then they should stop moving to Australia .

EURUSD

Hard to say. If we look at all successful people, there are obviously many who became successful by chance. If we look at the individual, we can see that they are at the mercy of variance, and that poor "luck" early on could stop a career too early ...

Poll: Is successful trading more dependent on skill than luck?

If you don't know it's good, then you probably shouldn't make the trade. Personally, I would want more of a drop before shorting a retracement to 1.43. 1.43 is a major level, so it's a natural place to short, but this break hasn't been convincing ...

EURUSD

If I was to enter, it would've been back at support looking for a bounce. We've just passed the point to buy, and long past the point to sell, at least on the hourly.

EURUSD

I would argue that the time to enter was ~4400, but of course that doesn't mean much now.

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Possibly, but then it's also possible that aliens take over the world tomorrow.

EURUSD

I mainly use horizontal support and resistance, and retracements are likely at these levels. A reversal is just the culmination of the breaking of these levels. I don't try to predict and buy/sell reversals, because I tend to trade slower timeframes ...

EURUSD

Yes, the trend has been pretty clear so far, it's just dropping down through to the next major support level and retracing to the previous swing low. Selling at the swing low has done well.

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