Yet, so many times professionals get the trend wrong when it reverses or breaks out unexpectedly, triggering stop losses as well. I like to see it as a random loose cannon, and like the waves of the ocean. That way, I'm more prepared for ...

EURUSD Club - Get Your Trend Right

Scalp safely, my friend!

EURUSD only

Wow! Boy, am I glad I was content with small gains and closed off my shorts! Buying now during this spike is contrary to my technique, because the price could retrace at any moment and fall down HARD. Either, wait until a peak is obvious then short ...

EURUSD Club - Get Your Trend Right

Good luck. But now, I read something about the day possibly closing above 1.2266, and about financial aid debacle, so I closed shorts at 1.2251 (+3.8 pips total). Done for the day and on sidelines, should wait for new development in Asian session or ...

EURUSD Club - Get Your Trend Right

Added a 2nd short at 1.22562

EURUSD Club - Get Your Trend Right

Well, it looks like another attempted spike towards today's high, but now an excellent shorting opportunity, I think. Entered small short at 1.2251. As usual, 10 pip manual TP, or more if the drop looks more promising...

EURUSD Club - Get Your Trend Right

For me, it looks like EUR/USD is potentially dropping down a little bit more towards 1.221 before hitting support by the end of day. Be careful with longs for the moment. I'm on sidelines and basically done for the day after making +2.35% ROI (+47 ...

EURUSD Club - Get Your Trend Right

Actually, according to your profile, your losing streak looks like it ended only about 2 months ago. But the reason I was questioning your post concerning EUR going down 300 pips from today, is because that kind of greedy long term view is the very ...

EURUSD only

Ummm.... Kazzyworld?? You've been losing massively for 7 years straight. Only the last month you've gained back some. What changed??? How do we really know that you know what you're talking about?

EURUSD only

I made 17 pips (0.85% ROI) in 2 long trades. 1 before close, and 1 after opening. Now, waiting for next development. No rush...

EURUSD Club - Get Your Trend Right

So, it looks like EUR/USD may spike up again 10-20 pips before close. I think , it's worth the risk to enter 1 long trade for a 10 pips TP. Entered long at 1.22065. If drawdown, wait for more supportive action below 1.22 before adding ...

EURUSD Club - Get Your Trend Right

TF = Time Frame My bad. I just couldn't figure it out. Still new here. Thanks! Indeed, understanding PA in longer TFs helps you to understand PA in shorter TFs. But hey, how can you really understand long term TFs, unless you've actively ...

EURUSD Club - Get Your Trend Right

Pardon me for my ignorance, what does TF stand for? I agree with you concerning the long term perspective, but from my personal experience as a newbie, I screwed up and lost big when I tried to go long term without first learning proper risk ...

EURUSD Club - Get Your Trend Right

At this point it looks like there should be plenty of opportunities for more spikes above 1.223 for the next few days. If I were in your situation, I would play the draw down strategy and continue buying dips until you end up into the green overall, ...

EURUSD Club - Get Your Trend Right

I would say scalping is better for newbies. It takes years of experience to have the grit and knowledge to be able to hang in there for a long-term trade

EURUSD Club - Get Your Trend Right

Just buy dips and sell spikes with small orders. If the price has not dipped or spiked yet, then wait until it's confirmed that the price action has reversed. If you end up with a drawdown, then average down very carefully with more small orders of ...

EURUSD Club - Get Your Trend Right

Don't try to tell the market where to go.... But yes, I'm short as well, and will add more on spikes. Good luck!

Cable Update (GBPUSD)

Financial aid bill just got passed. EUR/USD hitting support at 1.222. I manually closed my shorts for now +10 pips total. Possible spike up until middle of London/New York session. I should get some sleep now and wait till then. I may be wrong. ...

EURUSD only

1.223 support break in effect. Entered 2 shorts at 1.2224 and 1.2227. Hopefully it will drop steady all night, allowing me to trail it.... Yeah, I'm a night time trader. I tend to see things clearer when ...

EURUSD only

With all the negative virus news tonight, I suspect bears breaking out and taking over now. Preparing to short if 1.223 support fails.

EURUSD only