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Is it, why? I'm having a great time.

I'll add its best not to trade the actual breakout bar because it might not be a breakout. A trained eye will be able to see if its going to breakout or not, but for the less experienced trader look for a decent breakout bar then trade the next bar if it tests or a pullback and test of supp..

I'll try and answer some of your concerns but im a bit hungover today, but I'll try and make some sense :) hoping to get out on the bike today actually but anyways...... Well looks like your trading after a news event,the wide spread up bar, (now that bar is a very strong bar with no real...

Short term is'nt anyones guess or random, longer term other factors come into play....... News events are a big part of the fun and games....

To correct ur statement, "the market is definately not random" If u dont know ur just better off staying quiet.

U need to know a bit more about a h & s pattern than just saying, oh theres a h & s pattern I'm shorting the neckline. You didnt think it was going to be that easy....... We know its a trend reversal so you need to look for signs whether your getting distribution and all the indications of a...

sounds like a sweatie sock

I hope no one takes your advice

To keep things simple, the strong hands have been selling into the percieved strength, the wide range up bar.......hence the down trend........

can you you tell me, why, after a wide spread up bar, the market will suddenly tank and go into a downtrend??

You certainly dont want to buy in anticipation of a breakout, prior or on resistance. Thats just crazy for a newbie...... It isnt a breakout until it breakouts! So, if you wish to trade breakouts you need to first define your supp and res. The higher the tf then the more meaningful your...

well, fake double tops are good plays, why dont you just buy supp then?

gary, Charts are not random, on any instrument or timeframe, u see, theres all the different players on all the different tfs...... and of all those different players some are weak and some are strong..

seems to be kicking off a bit over there at the moment with the muslims and and a few locals. Quite funny really, all the medias seem to be reporting that the anti islam marchers are fascist and they were attacked by, wait for it, anti fascists (muslims).

well, I hope you Yanks are'nt going the way europes trying to, with faceless, unaccountable beaurocrats running the show......

\ f..k all to do with leverage

your right nothing wrong with taking the easy route

To be successful in forex you need a full understanding of price action,(which is difficult enough for the majority grasp) and the games that are played...... You could spend 10 years trying to master it and fail, it all depends on what your looking at during that 10 years....

There is no indicator that will tell u this only price and volume. You didnt think it was that easy did you?

It would be interesting to see, that nobodys touched on, if the jobless are skilled trades or retail, labourers etc