Yeah I've got the same level. might call it a week.

I have resistance at 1.3663

Am I the the only one that loves the drama from a trading forum over the weekend? lol

Hi Luther, The whole "high impact member" thing is a load of BS and I wish it didn't exist. I'm about to go into my 6th year of trading my own account profitably full time (yes we do exist) and I get placed into the same category as someone who has ...

HAHA

I have 1.4130

An easy day today. Slight pull back to gather retail shorts hoping for a drop before making new highs.

I would agree with this. Also, I don't use trend lines, MACD, patterns or whatever other lagging indicators there are out there in my trading today. Just S&D. The one thing I've learned over the years is simplicity is best.

Yeah, so currently in my analysis, we are seeing retail traders becoming further bearish which signals further moves higher as a fundamental picture of the market. Then I use supply and demand levels as areas I look at to get in and out of the ...

There are 4.8 shorts to every long (practically 5:1) using FXCM. Although retail traders are small in comparison, they prove to be good at telling us where the market is not going. See chart how wrong they are the majority of the time. I've been ...

I agree that we have run into supply. The question I'm asking myself is how strong it will be. Retail is heavy on shorts which tend to mean we will continue upwards. While you're there, I'll have a beer please!

Looking for the purple line. I don't think there will be too much resistance once the orange line has been broken

I'm looking higher still. Around 1.4130...

Please don't feel like I was attacking your trading style as it's not what I wanted to do. I just want to get to know which way you are coming from. Indicators don't move markets. Only S&D does. I've been trading full time now for the last 5 years ...

What shorting opportunity was there? The market is moved by supply and demand. Once supply has been consumed at a certain level it will move up to the next.

Hi Davit! Congrats on the 300+ pips, but wouldn't you agree "I gave them room to live" is the same as "I'm in the red right now by over 200 pips but I'll just hold on a little longer and hope it comes my way"? This is what new traders need to avoid ...

Learning to place stop losses properly early will save you money. If you are constantly losing money with stop losses, you are either placing them wrong or constantly trading in the wrong direction (both of which novice traders do). I use a stop ...

Very simple, The market is driven by supply and demand, just look left.

Which broker are you using?