Reading and understanding world economics is not easy but must be undertaken to be consistent profitable. Read the currency reports from sources like Deutche, Barclays, Goldman, Rbs, etc. Every current report has E/U dropping based on country ...

All are failures because they do not have the patience and experience of understanding plain charts and fundamentals. This is not trading, it is gambling without an edge to almost all here. No edge = guaranteed loss of your lunch money account. I ...

Teaching is a noble profession and I applaud all those who are genuinely dedicated professionals in their line of work. I have met too many that are failures in some aspect of the business world and end up teaching the same areas of expertise that ...

And also there is a nice triple top coming soon on AUD/USD at 1.0500 or so for short scalping.

At least 95% losers for sure. This is very difficult on all levels. As for the seminars/teachers/gurus/ just ask them why are they wasting their time teaching when they could be using all that knowledge themselves to make lots of cash$$$.

One of my favorite scalping strategies on 5, 10 ,15 minute charts. This is for range trading up down, up down, up down..... Determine the long term trend direction in a currency you are very familiar. Enter at market reversals. You are trading the ...

Trading demo only good for learning platform. Hardest part of trading is patience and discipline when real money is on the line. Your mental state will lose your cash not your system.

I have a question. How many here went long USD/JPY back in November or October?

People do make money trading FX. It's a matter of taking time to learn, discipline yourself to not being an idiot gambling on trades, patience to wait out the best setups, money management of your account. You can be wrong more than right and still ...

It has taken years but I make a nice living from trading now. Had to learn discipline and patience. Also trading large account helps. No more trying to make the impossible big bucks off of little mini accounts.

url RONALD O&title= director 10% owner 5 years..., just follow Ron Perelman with Revlon and you can't go wrong.

Excellent buying opportunities on the way but must be patient and wait for the right entry.

Here we go

If E/A breaks 170 then it is clear sailing up 50 and will take A/U down.

Long @9266 with tight SL. Loading up on buy orders around 9200. If Euro doesn't crack 150 we will bounce around till it does.

Morning. What is your pick - up or down?

A run down to the 9260's could mean a rounded top forming. Buy limits then set at 9200. If not then buy limits set at 9270.

I don't think so. Borrow from the Fed at zero and lend to the treasury or fed guaranteed mortgage borrowers for a profit. What a great racket, with the bills sent to the public if it blows up. It is a guaranteed carry trade. And goldman sachs made ...

I'm watching E/U on 2nd monitor. A break of 1.50 and off we go lads.

Enjoying the gracious upstream for awhile.