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- scottszone replied Jul 29, 2015
Textbook answer is rate hike raises dollar, rate cut lowers dollar. But a rate hike is not a black and white issue if raising it hurts the overall economy. If money gets too expensive it causes an economic contraction, stock market drops, ...
- scottszone replied Jul 29, 2015
Asian and London markets have yet to react
- scottszone replied Jul 29, 2015
A lot of short selling atm for what comes next
- scottszone replied Jul 29, 2015
The puppet master is very good at keeping our eyes on the puppets
- scottszone replied Jul 29, 2015
Maybe this is obvious, but if you ride the morning swings with longs and shorts it puts you in position for the breakouts
- scottszone replied Jul 29, 2015
Move in progress
- scottszone replied Jul 29, 2015
Sorry Tom, no rubbish, only observations
- scottszone replied Jul 29, 2015
I hear ya, emotions matter, it drives the market
- scottszone replied Jul 29, 2015
That's an emotional response, use them to your advantage.
- scottszone replied Jul 29, 2015
Trusting your leaders to tell the truth can cost a lot of pips, skepticism is profitable in the market more often than not.
- scottszone replied Jul 29, 2015
highly likely, try reading between the lines
- scottszone replied Jul 29, 2015
I think he means don't waste time trying to enter and exit on absolute highs and lows, getting in or out within a few pips is lower risk and higher probability of return. The tops and bottoms are where reversals happen. Don't be overcommitment to an ...
- scottszone replied Jul 29, 2015
Yes, it exposes our errors and weaknesses so that we can self correct.
- scottszone replied Jul 29, 2015
There is no trading without wining and losing. Break even is losing with zero risk + lost time.
- scottszone replied Jul 29, 2015
Lol, if you are a winner, don't mess with your game. Never risk more than you are willing to lose. This method is for consistent losers and is an education in market dynamics and trade psychology.
- scottszone replied Jul 29, 2015
There is no stability in consistently losing. If a winner, then disregard.
- scottszone replied Jul 29, 2015
If you are consistently losing money in the market try this: Every time you feel the impulse to buy, then sell. Every time you feel the impulse to sell, then buy. Do not risk more than you are willing to lose. Watch what happens, it will improve ...
- scottszone replied Jul 29, 2015
Being neither a bear nor bull, there is nothing to diagnose
- scottszone replied Jul 29, 2015
No worries, testing my intuition and watching the hidden hand. Many mistake the doctor for the patient.
- scottszone replied Jul 29, 2015
Money to be made from anticipating general price directions. The s/r levels are obvious.