Correction? — EUR/USD is at 1.3730, down 90 pips in just over 5 hours. I wonder if this is the commencement of a major retracement after unprecedented rise to new highs. What are your thoughts, Ray?

Hello Ray So it looks like this pair is trading in a fairly narrow range. I wonder where the next break out is going to go, north or south... Meanwhile some vigilant scalping is called for in this range-bound scenario. Hope this lasts for a few more ...

Ouch! — Hi Ray Yeah, I'm bleeding now... My SL happened 100 pips ago... Liquidated roughly half of my position. Sure could use some pips right about now. Well, my AUD/NZD made me 20 pips today, but not enough to console me. Still lamenting ...

NFP no help — Hello Ray NFP didn't do much, true enough. The 190k revised for last month gave me some hope, but... It was largely ignored. Market sentiment is a tricky thing... Meanwhile, I'll just hang on to my shorts, collect the ...

will NFP help us? — EUR/USD showing some promising weakness... NFP will be out in 5 hours... Will it profitably bail me out of my shorts? Or will it fuel the pair to run mercilessly through my SL like it wasn't even there? Keeping my fingers ...

mighty EUR — Despite the trend, I didn't expect such rapid ascent to above 1.3600. That one caught me with my "shorts down", so to speak. I hope it does retrace by Friday, so's I can square away my shorts. At least it's ...

Good work, Ray I was able to scalp good pips today. Range-bound pairs are perfect for that. Again, your call defined the range fairly closely. It provided more confidence in my scalping endeavors. Question: do you take into consideration major ...

Thanks!

good job — Hello Ray I must say, not bad of an analysis for a daily prediction. EUR/USD did drop to upper 1.3450's initially, then went back up. And though it found a resistance at around 1.3472, unable to break any higher, it did drop down to ...

Question + Suggestion — Question: What leverage are you using, and with what broker? Suggestion: I'd consider averaging out your entries. Since your standard position is 3 lots, why not space them out, 30 or 50 pips apart. So on your last ...

Possible modification? — Does it make sense to place your buy/sell orders an X amount of pips away from opening price? That way you pip your way up or down to H4 or L4 without the other leg of the straddle canceling your progress. Then, once ...