Nobody knows. If it would be that easy it would be a free lunch. In general all those seasons earning expectations are very low, so I see some upside surprise the next weeks and the Euro at 1.43-45 this month (yes July).

EURUSD

I completely agree! I can imagine that a lot of traders now expect another short move. IMHO that won't happen (nor in the USD/JPY neither in the Aussie pairs). I mean you're right, the worst case is priced in, the expectations for the earnings are ...

USD/JPY Discussion

Transactions from last week: image image image image image

From 10k to 1 million...

Almost no change this week. It has been very choppy and difficult for me... Account: image image

From 10k to 1 million...

Yes...

EURUSD

Let me know how to recognize this because as soon as I drop such a "wrong ticket" the market immediately turns and boosts in my initial direction.

EURUSD

The last weeks were very hard to trade, so don't feel bad. In general it's a good idea to take out some money if you're doing good. Let's say, withdraw 20% of your wins per month - see it like a fee to yourself.

Giving Up

That won't change so much. But you should keep in mind that there are indeed huge orders made by manufacturers for instance who don't care about charts and the current price. They just need hedges for their currency risks. That's why the shorter ...

EURUSD

It's a dilemma currently. Both (dollar bulls and bears) have arguments and counter arguments. Actually the arguments of the Dollar bears are stronger, but those arguments are more long term. So we just see ranging and dip buying at the moment. We'll ...

EURUSD

I second that. And please be sure that you'll lose your first 100-200 (it's just normal) with a probability of around 98%.

New To forex!!!

Keep in mind that the BOJ watch this closely and will start to intervene if the Yen keeps strong.

USD/JPY Discussion

That's called a range and not manipulation.

EURUSD

I don't know. In the bigger picture I see this pair going up. If it goes down, well, bargain levels to buy.

EURUSD

What does that tell you? Is it more reliable than an inside bar in a minute chart?

EURUSD

Good luck, but IMHO this down move was completely overdone - totally out of whack. I enter more longs if it goes down. Target still 8000-8500.

AUD/USD

Yes, I agree.

EURUSD

I think QE is already priced in the cable. If we see no further QE it will light a fire under the cable...

EURUSD

I completely agree. I buy all I can get. Those levels yesterday where great buying levels, a lot of techies will now be short...

AUD/USD

That's old news. But China plays an interesting game, indeed... Phew, there were a lot of stops fished today...

EURUSD