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Zappa replied Sep 26, 2013I got this pair going to 97.00 from here. 99.65 shouldn't be touched.
USD/JPY Discussion
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Zappa replied Sep 25, 2013I think this is going up from here. Bottom at .8350 should be safe. Anybody with me?
EUR/GBP - What a great pair to trade!
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Zappa replied Jul 24, 2013.9304 was broken and to me that means this ain't going down to .9000 , instead we have a deeper pullback now to take some long positions away, and then head to .9400+.
AUD/USD
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Zappa replied Jul 24, 2013You were right. Every time I take a trade based off two other pairs it ends bad. These are the ones I get excited for, because I expect a big move, and these are the ones I'm always posting on Forex Factory. I always post losers on this site, and I ...
AUD/USD
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Zappa replied Jul 23, 2013Gold may or may not reverse from where it is, but it has shown me nothing to say it will reverse here. The AUD-Gold correlation is real, but I'd say pretty loose as far as day-to-day trading goes.
AUD/USD
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Zappa replied Jul 23, 2013My theory doesn't work that way. Certain tops/bottoms are important to me. If a top is taken out that I thought should have held, I am wrong and I get the F out to re-evaluate and lick my wounds.
AUD/USD
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Zappa replied Jul 23, 2013.9237? Man, this will go a lot lower than that! .9000 minimum for all this stop-running going on, the low is getting touched. 0.8850 is my target, but after .9000 is broken my alert goes up and I will jump out if things start getting volatile down ...
AUD/USD
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Zappa replied Jul 23, 2013Top is in. Maaaaaaaybe a couple more pips above, but it looks good. Didn't think it needed to do this, but I can see why it did now. Main thing is .9304 is not broken. I'm sorry bulls, but moves from the bottom just don't happen this easily. Back ...
AUD/USD
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Zappa replied Jul 23, 2013I'm still a bear too, but this is annoying. I'm not giving this much more room than I already have, though. This needs to turn now.
AUD/USD
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Zappa replied Jul 23, 2013Should be smooth sailing from here. That stop-run 12 hours ago to .9285 was thorough, any continued churning from here will only build more steam for the move down. In any case, .9000 is a conservative number.
AUD/USD
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Zappa replied Jul 22, 2013If USDJPY goes up while the AUDJPY goes down, AUDUSD is going down and that is a fact. There is no disputing that.
AUD/USD
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Zappa replied Jul 22, 2013Another clue for me. Plus, USDJPY looks bullish, but AUDJPY looks bearish. The AUDJPY is not so clear cut for me though. I wouldn't take a short with it, but is does look like it will go down, and USDJPY would really surprise me if it didn't go up ...
AUD/USD
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Zappa replied Jul 22, 2013Sure looks like a good short to me. To .9000 easy, and that's playing it safe. It'll probably go 100+ pips lower than that before a reversal.
AUD/USD
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Zappa replied Jul 22, 2013I think we'll be alright. Now if .9292 gets hit then I'm wrong and I'm moving on to something else. I think this is still a good short from here, though.
AUD/USD
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Zappa replied Jul 22, 2013At .9242 right now, I think we're headed down to .8930 from right about here.
AUD/USD
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Zappa replied Jun 24, 2013Sorry to hear about that, man. I've been there and done that, as well. I never did make the mistake of trading other poeple's money, though. I think a trader has to prove TO HIMSELF that he is worthy of trading OPM long before he ever does. How does ...
How and Why I lost over 75% in 2 days and what I’ve learned
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Zappa replied Jun 23, 2013I'm with you on this, but the hard part is what business are you spreading? Remember, you got to this point by being a great trader, not expanding a business. And just because you are filthy rich now, does not mean that any business you start is ...
If you ever made it as a trader...
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Zappa replied Jun 21, 2013An example of what you shouldn't do and what you should do. The target requires more explanation than could fit on chart, but I will say this....look for other fakes above and don't be greedy. There is nothing wrong with a risk/reward of 1:1, ...
EURUSD... what did I do wrong in my trade?
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Zappa replied Jun 21, 2013Sam1741, what happened is you got tricked. It happens all the time to us traders. The market has an amazing ability to do this. I can't say for certain that this is correct, but my theory is that in order for the "big boys" to enter/exit a trade ...
EURUSD... what did I do wrong in my trade?