Ashraf Laidi, chief foreign exchange strategist at CMC Markets, has a short term bearish view on the Euro as well before it reaches 1.50-60 by the end of the year...

EURUSD

Some cycle guy (McLaren) has "predicted" (through his cycle theory) that today on monday will be a low in the USD index. Well, let's see if he's right. BTW: He's been always right in the last months...

EURUSD

PA looks like short (in almost all timeframes below H4) but be careful...

EURUSD

I don't like that. Looks very explosive - the only question: In which direction?

EURUSD

For me it was already time a while ago. But please do your own decisions. Personally I think this is a great short now with stops above 1.4350. But in the end the market is always right. Expect the unexpectable. Maybe we see a short squeeze... ...

EURUSD

Now go, Dollar and Yen, GO! Ugh... that I (the Euro bull) would ever say that...

EURUSD

Hmm... looks like a huge protection of 1.43...

EURUSD

The ECB can't just print money! That's completely different to the FED.

EURUSD

Hmm... I'm short currently but I'm rather unsure at the moment. It's too obvious.

EURUSD

That won't happen again.

EURUSD

I look to below 1.39. The current stock market rally wasn't followed by the Fx market. There might be still some up potential for the Euro and Aussie but you have to ask yourself the simple question: Who would go long in those pairs now? The ...

EURUSD

It's just very limited liquidity during sunday open. London is just the biggest and most important session...

From 10k to 1 million...

I'll go short. Reasons: - Overshoot of stock markets (everything fine again over there in lala land?) - RBA intervention (they want to keep it around 8000) - upcoming risk aversion again So maybe we see a test of the highs first but for me it looks ...

AUD/USD

Good luck for that journey! I know, it's a completely different feeling...

From 10k to 1 million...

I'm sorry if I was a bit rude. You're right. Took the one from the top. So go on with real money! Looking forward to see your real stats.

From 10k to 1 million...

As you were so kind to post in my thread, I'll do it in yours. Looks good so far but you use way too much leverage without stops.

wasabibo journal

I don't care about demo trading. Look, I open 20 demo accounts, go everywhere all in and one of those accounts will win. I'll post that statement then. Am I a great trader then? I mean, your very first position. You had 50k in your demo account ...

From 10k to 1 million...

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From 10k to 1 million...

All in all a good week. But I cut bite myself into my a$$ by having set stops in the GBP/JPY at 157.60 where the high was 3 pips above. Well, that's live... But nevertheless I'm up ~8% this week so this is still very good for me. Account: image ...

From 10k to 1 million...

You're welcome. You're right, this has been higher risk trading with an initial risk of about 2.5%. I started with two 50k positions and added to that winner position till I had build up 224k in the EUR/USD. So not that big initial risk. My stop ...

From 10k to 1 million...