Well... Once I watched a George Soros interview... and he said... that he didn't expect or hope to be right when entering in a trade... and the things that he made after that to correct the mistake what made him so succesful... made me think. ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

in which timeframe... there is always a 5 sma retracement in sometimeframe... my good comment now is that I would not try to get 5 sma retracements... better wait for the retracement and enter in the direction of the trend.

Auslanco - GBP/JPY and GBP/USD (newstrade)

my comment is that "hoping" is the worst thing you can do in forex

Auslanco - GBP/JPY and GBP/USD (newstrade)

thanks.. yes.. In fact.. I have the dow chart all the time visible ... and I follow it carefully for intraday... but I was looking today at the daily charts... and I don't see the dow dropping so much as GJ and UJ have done... so ... What this could ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

thanks David... I'll watch those AUD pairs in the lower timeframes... I usually scalp eurusd and eurjpy because the relation between volatility and spread. I'm scared about entering in breakouts... because I've been fooled in some of them. But this ...

EURUSD

not only that... but in all the recent meetings.... his voice was jittering... and very insecure of what he was saying... even him couldn't believe what was going out of his mouth...

USD: End of Rate Cut Cycle?

who says there is a correlation between DOW JONES and GJ or UJ ? I see DOW at the neck of the header and shoulders pattern...(the big one.. you know.. the daily charts) recovering.. but I see GJ and UJ far from the neck... so... I don't see the ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

reached 38.2 retracement.. and seems it wants to re-enter in this channel I had...

EURUSD

Interesting David... Thanks I also think another top is needed at least... with such strong uptrend... is very difficult to change the trend without a double top.

EURUSD

But do the politicians (in general) know something about economy ? scary..

USD: End of Rate Cut Cycle?

Yes... and according to the weekly pivot and R and S levels... it can be a very volatile week... until price doesn't break the weekly pivot.. I also prefer short positions for the week.

EURUSD

yes... Scalping can be very dangerous if one doesn't know how to do it... I've been 1 year scalping small sizes learning.... and still learning but I'm starting to see the light... I do it in EURUSD, EURJPY and USDJPY

Scalpers Go Here

I guess a new multi monitor system is coming soon... image

GBPJPY scalpers

is nice to see that some more people is using the indicator... I'll post my latest templates. this is my current setup

Spuds Stochastic Thread Theory

Roun Paul lesson to Bernanke... and Bernanke laughs... Do you see Bernanke smile at the end ? watch: video that's why they don't care about the dollar...

USD: End of Rate Cut Cycle?

this one is different... the other one was only a level price sensor.. this one is called Market Profile it can also help to determine support and resistance areas...

Drawing correct resistance and support-lines

Risking the entire account is a great idea if all the money in you know what you do and all the money is money you want to lose at some point. Moving dollars from commodities to stocks.... can this help the dollar against the euro in the longer ...

EURUSD

I'll try to do it this weekend... it's not as easy... I use multiple charts timeframes... and channels and some intuition and divergences. It is not only the rapidrsi indicator alone. I recommend to read Malcolmb posts here in this thread and also ...

GBPJPY scalpers

thank you Malcolmb for discovering me the rapid rsi ... I think is much better than rsi... I had 12 scalp trades today... and 12 winners enough for today... see you next week !

GBPJPY scalpers

you are not dumb... lol... 20 pips is better than nothing... but I can understand your feeling about that.... usual happens when scalping... sometimes you get your 20 pips of the scalp.. and then it goes 200 pips more... it's ok.. because every ...

GBPJPY scalpers