I think cable is targeting 1.99.
Anybody doing any selling of this pair yet?
You are over trading.
It is very typical for new traders to worry about transaction costs. Worry about transaction cost when they are a big problem. Don't spend your...
I would think there are a lot of shorts building at the current level. It seems like a logical place the bears to set up for a continued leg down....
Sounds like you are starting to get it a little better. All you can do is react. So now we are trading at 4262, we know the monsters would...
Well I got that one wrong. Run. Run. Selling into the close. It is a strange time these days, I have never seen the currency market so...
Its getting a little hairy, but hold your longs and look for 4285 into 11:00 EST.
The monster is breathing fire at 4250. If he fails, then 4285, if this front gives way then 4315. If 4285 holds then we could return to...
You have to learn to manage and navigate the supply and demand levels. Nobody knows how it is going to play out. Just react to the levels. This is...
Remain focused in the present. That's all we can do. Base decisions on what is known, not what is unknown.
Here is a golden egg. Yours for the taking? or just a lot of hot air? If you must add other levels, (lets continue to use the EURO as our...
Chaos, The one thing I have learned over the years is NOT to complicate your trading with concerns over recognizing everything. Certainly there...
So brave warrior....you fought at 4315 and like so many times before, you returned to recently taken front at 4285. You were beaten badly and sent...
More comfort for Realist and others shortys... Are there enough forces to push up? Hmmm, I am betting on the warrior to visit his many friends...
Chaostrader my friend.... Who are these "pros". Are they working for someone else or do they own their own business? Think about this question....
I do not use indicators at all. I did when I was a new trader and I lost a lot of money. I buy based on value or price action also. If I had to do...
Realist, What makes you think the Yen unwinding will start again? Just curious since I have no clue about when to expect it.
Overvalued based on what? Markets have a tendency to make comments like the IMF a passing breeze. Doesn't matter what they think. This is the...
Nice Trade and solid reasoning. There is no such thing as right or wrong in this business. Nobody knows what it going to happen. And none of us...
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