Why do you try to pick a reversal instead of buy a dip and go with the trend?

EURUSD

Dirk du Toit: Bird watching in lion country

Forex Books you would Recommend

I still aim for 1.41-43.

EURUSD

You trade that amount with a MT4 bucketshop? Holy cow...

EURUSD

Put that book into the trash can.

Novice Question

Looks like you had some fun, mhh? I still stick to my longs with a target of 1.41.

EURUSD

It's not the Euro that gains but the Dollar which weakens. Gold, Silver, Aussie, Cable, Euro... all gain a bit... My target: 1.41.

EURUSD

I smell a lift off.

EURUSD

Interesting stuff: Well, as I said in the open, the currencies and commodities got whipsawed yesterday, and the culprit was the FOMC minutes... You see, the Fed Reserve met to discuss rates, and other items. And what they said just blew away the ...

EURUSD

Zoom out a bit and forget your minute chart. You'll see no real movement at all currently. It's all noise.

EURUSD

It is interesting to note that only 160,000 tons of gold has ever been mined from the face of this planet and at US$950 per ounce, it is worth US$4.9 trillion. Now, consider that the total amount of paper money in circulation (currencies, savings, ...

Gold Discussion

Oanda and Saxobank

What is your favorite Forex broker?

Lot size. My entries have usually a leverage of 0.5:1 or 1:1.

EURUSD

Where do you read that this is good for the Dollar? economy remains weak: BAD interest rates low for some time: BAD printing money: VERY BAD purchasing stuff (with printed money): UH purchasing debts (which creates new debts): AH How shall that ...

EURUSD

I'd like to add that I mean a longer term trend so not this intraday stuff. We could see the 1.38 lows again and might even do a tricky false breakout to the south but I think we're heading to 1.45 now before some intervention kicks in. But ...

EURUSD

That's your opinion. Mine differs. I don't care that much about those levels as there are so many fake breakouts. We need a break at least of 1.3720 (and I don't mean a simple penetration but a close below that level)...

EURUSD

Regarding the statement there were no surprises. But not hawkish either. Actually that should be support the currencies like Euro and Aussie... If the dust settles I expect a return to the current up trend.

EURUSD

I take the opposite.

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To be honest I wanted to go long at 1.3950 but got slipped to 1.39288. HA! And I'd like to add that it's only a small position. News are just unpredictable. That was not a trade that was gambling...

EURUSD

Now that's bottom (well at least local) picking, mhh?

EURUSD