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short dow at 11750 on the kissback if it happens, trade of the year

I was just about to recommend the same book. Bottom line is winning traders THINK differently from losing traders. They understand risk management very well and are mentally prepared for a trade turning against them. If you aren't able to define your risk and accept it then you will never win.

aussie dollar is ending diagonal... misleading as a breakout. similar pattern to the eur/usd when it fell down in march

euro is going to make a new high... i hope everyone is in on this long! not short!

yea i see it too but only if we break up through the decending trendline

What a difference two days can make... Last two daily candles are dojis as the euro is at a period of extreme indecision. I think we'll see a major move next week in one direction. I'm now long on the euro with a stop and reverse short under the major trendline. <img...

bingo!

thx l2trader

Have thought about it and probably will in the future but it's not an option now.

Will be turning fulltime trader soon and am looking into the cheapest possible way to pay taxes on my earnings... whether this is starting a proprietorship or incorporating myself or just paying capital gains tax... Any fulltime Canadian traders with insight? Thanks

Wild day! Gold was up 25 and down 25 thank god I broke even...

I agree... very bearish on the euro right now. lets have a shorting party

option 2 <img src="http://elitetrader.com/vb/attachment.php?s=&postid=1992748">

Wallace, can you post a chart of your current EW count.... I think we are still in w4 correction and see at least two viable counts with the third being a running triangle... I will post the extended flat / double zig zag and a triangle <img...

Call me crazy but I think we may see a significant countertrend rally start in the US dollar very shortly...

careful guys, dollar about to counter-trend rally shortly

qft

I think the dow will trap a lot of shorts when oil starts its length decline next week

1259 low

i go to bed at 12 and wake up at 5 during the week so i can study up on my trades before work... if you're motivated you'll have energy to wake up early