I was short from this morning. However this PA is really bad. It is directionless and even though I feel that it would be heading down, I am uneasy about where it will head to before dropping. Trading now for a profit is tantamount to gambling.

So far i have only used it in a ranging market to predict a break out. I must say that it works beautifully in conjunction with the bollinger bands and PA. This is the breakout from Thursday past. Beautiful.

Hey guys, Anybody here use Ichimoku? I have recently been introduced to this method of predicting a trend and have had reasonable success. Earlier I entered a trade and got 25pips (20pip SL); the trade went on for over 40pips. So whats your ...

I try not to enter TP and SL. i sometimes experience severe price spikes with my broker....weird cos the price would jump 20pips in split seconds and then things would return to normal. If only trading can be as easy as demo trading lol. I think ...

I think i have come to realize that we over analyze our trades too much. We either need to fade a trade or follow the trend depending on the PA. Last 3 weeks i been trading purely on S/R levels with a moderate TP of 8pips and SL of 20pips. So far i ...

If im sitting in a room full of traders and few ppl share my sentiment it would make me feel stronger about my position. Whether its good or bad i dont know! :-)

According to my trading Journal 1.3727 is a strong S/R line from the past so i shorted at that point.....:-)) It helps keeping a journal as sometimes your mind bungles up the prices. Im still cautious after yesterdays PA......anyone with me ? Next ...

Does that mean they are suggesting that there are sellers lined up at 1.3750 or buyers?? Please clarify...my taking would be the word supply meaning sellers??

just based on PA i took a lovely 20pip within moments! This thing is steaming ahead...1.3750 min for today i think. Whats the reasoning behind the bullish sentiment?? Anyone know? Nothing has substantially changed in the world economy. Greece did a ...

I need to let my profits run more....i like to enter a trade and go immediately into a profit. I hate sitting and watching the charts fluctuate my money. When a trade goes like 10pips against me and it recovers i tend to cut my trade at a small ...

1.3655 was a lovely entry....anyone enter short there?

They (greeks) are freezing Pensions (public servants i assume)...how do u do that?

My heart was beating out of my chest...Went short at 1.3655 for a quick scalp..didnt expect it to jump another 5 pips. Got out with a 2pip scalp.......then it continued falling. Could have taken at least 6pips...but waiting for this Greece news is ...

Greek news out in 10minutes (i think i heard correctly)...I think its going to seriously affect the pair. Looking at increasing VAT etc.

when is the Greek news being expected??? I heard that they need to implement measures to reduce their deficit...anything other than that being announced??

Two important Resistance levels coming up: 1.3655 and 1.3685-- anyone shorting there?

somebody awoke the bulls....damn. Luckily i took the risk on my demo account. lol....kept the live one sleeping.

Who fell for the bearish trap.....? *Guilty*

Greece and Obama needs a holiday. Thankfully the latter has been more quiet of late...which is comforting. Celebrity for a president.....bring the idiot back...nobody took him seriously then at least the markets were safe. lol.