Yep agree with that. I think it was Jessie Livermore himself that said, the first and last few cents (points) on a trade are the most expensive...
From here I suspect that a good leg down to 1.0100 or further is on the cards for next week. Of course if fed doesn't cut it could turn things...
If it drops down to the 76.50 area I would fancy a short position, but from this level I would only be long or out. Good luck.
Lol, you might be a little premature with your comment ...
Price action ...
I rather fancy a short here ... entry on price moving below 1.0295 area. Targetting 1.0050 area...
As far as I can tell, the most probable next move is to around the 6.7 area over next few trading days. Happy Trading.
I like the recent action on this one. On friday, considering what a beating usd took against the other currencies it held up very well. I expect...
OP, Would you feel better if you were able to immediately start building up your income and improving your trading at the same time? Get a...
LonelyTrader, don't feel so bad, afterall 90% of retail traders are not winning either. A few things for you to think about: 1) Stop...
OP, practice on a forex or futures demo account and you'll get the hang of trading in both directions.
If enough people stop paying their income tax, it might just force the issue either way 1) Further ammendment of consitution or constitution...
dalailama, likely it will never happen. Best thing to do is do what the private banks behind the fed do: don't pay income tax (if you are...
There are lots of people giving advatages of a treasury system where government creates it's own money and avoids the debt issue and paves the way...
To look at things from a different perspective, can someone please list for me the reasons why a fed reserve system is advantageous to a treasury...
Another conspiricy theory is that less than a year before the meeting in 1913 where the fed reserve bank and income tax plans were devised, the...
I read somewhere that 'income tax' was only intented to be an emergency tax to be used during world war 1 (might have been 2 actually) and was...
Yep got stopped out too. boo hoo. I'll wait for the dust to settle and a good entry opportunity. Good luck.
Yep, a lot of similarities. I trade clean charts (no indicators)... focus on daily, 4 hr charts for general direction and take trades in 1 hr...
Risktaker, I put on a very similar trade, I got in at 1.92310 but otherwise the parameters are the same. Wonder if we are using a similar setup...
Separate names with a comma.