I had to be patient with my EURJPY short, but luckily it took that big dip today (11/23) and I was able to take profits. Moving forward, I would not be surprised if EURJPY moves back up in the short-term.

EUR/JPY

Brilliant - video

(binned per thread starter's request) Cruiser's Drive-in

Happy Thanksgiving... I think Friday will also be less volatile, best to use this time to strategize for next week.

USD/JPY Discussion

Relationship advice by Adam Khoo (start at 6:01): url EDIT: It's worth noting that after he compares long-term investing to short-term trading to marriage vs. a one-night-stands, he goes on to explain that he does both...like a boss! (Sorry Mrs. ...

(binned per thread starter's request) Cruiser's Drive-in

It got quiet

False Prophets

I am seeing mixed sentiment in this thread - though majority are bearish. I am holding no position at the moment during the Thanksgiving holiday, and probably won't enter any position before the weekend either. This gives me some extra time to do ...

USD/JPY Discussion

That begs the question - what is the proper SL placement? Tight or wide? Large positions or small? Is there a correlation between the size of the position you take and the size of your SL? Does time frame matter - If so, what type of SL used for ...

Pro traders who do not use SL, What about Black Swans?

I'm glad you asked this. I mess around in my demo account still and take riskier move their. Recently I started to apply a 3:1 or 2:1 reward-to-risk ratio stop-losses (actually trailing stops) and I have found I am losing more than I am winning. I ...

Pro traders who do not use SL, What about Black Swans?

When is the vote?

Dragon Riders GBP/JPY

I'm taking a large position - and going long

Dragon Riders GBP/JPY

possible resistance or possible break-out at 113.30 - watching

USD/JPY Discussion

The First Thanksgiving video

(binned per thread starter's request) Cruiser's Drive-in

Don't be afraid to ask questions - even if you feel they are ignorant. I am a FX rookie myself and really struggled understanding basic concept such as leverage too. In particular I was having a hard time understanding the difference between what ...

Questions about leverage...

Aahhh dammit - i keep forgetting to check which way bond yields are heading. Thanks for the reminder.

USD/JPY Discussion

This thing cant go down forever. How much lower?

Dragon Riders GBP/JPY

Interesting, thanks for spelling it out clearly like that. I am going to try that out in my demo account.

Dragon Riders GBP/JPY

Hey Eco - Thanks for creating this thread. As I learn more about forex trading, I want to add fundamental analysis and sentiment to my tool box. I've been slowly reading through this thread, to get a better understanding. I appreciate your insight ...

Trading news and sentiment

Is using pivots a consistent way of finding scalp plays? Are you mostly a day trader? Do you think this price will go down even longer or are we close to the bottom?

Dragon Riders GBP/JPY