Price is as predictable as human crowds are under pressure and fear. There is only a probability of price moving along the trend or channel and price areas which MAY want to show you the markets' actual decision. TCC

Is price direction predictable?

It doesn't matter if bad habits are internalized on demo or live. Bad is bad.

each day one double (100%)

Sry for re-opening this thread. You assume that the market is infinite, but in fact investing more than 10-15 lots will typically move the market against your position due to the counter-trade your trade partner must take. I would feel quite bad if ...

Do you trade more than 1 million dollars in forex?

Sorry to hear that. But I appreciate you tell it, as there are for sure some guys in here who had/have the same experience, including myself. You know: Someone has to loose money to allow others being winners.

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It is always better not to read here, but to just follow your rules!

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A true word from a wise man.

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3098 Posts, 10 votes. So don't hose us You're bullish?

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Yes, as I see, lower TF has no meaning for higher TF, only if all lower TFs are in sync. Mostly then the move has already been done I think I am flat until she found a direction to get a better position.

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If it breaks, it should be FAAAST

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bears are coming into play again... let's see if they can move sth.

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You know how close both are??

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Seems like we all like to play with open fire, right?

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Yeah, you're right, but I can't take my lots as low to stand weekly S/L. LOL.

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Sorry - Don't take it for granted, I just "winked" my post. LOL.

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In H4, for my eyes I see still downtrend, but somewhat slower the last week. However, Mr. Market - and you - is always right. Seems like long is an option.

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if I read the market correctly, it seems to be at 4:30

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...ACK.. makes sense sometimes

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Yes, it looks some kind of indifferent currently in 5m, but overall trend is still south and we are in a triangle formation in 5m and 15m. but of course, it could also get a "w". It's all 'bout MM. maybe I shorted E/U too much the last weeks :-/

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New short @ 1.3287, expecting to break the compressed 3250 in the next 30 mins... I may be wrong of course...

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H4 longing to 1st level @3282, then breaking maybe to standard fib 50% @3378. Because of higher lvl downtrend expect sharp corrections till fib .50. image

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