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I did not read thru your whole thread, so if I am not helping you just ignore me. I trade currency futures using the Tradestation platform. I watch the bid/ask volume everyday and it is primary part of my methodology. I try to watch it only one level deep. I can easily see where central banks...

Learn to fully accept risk and the consequences it may bring. The good and the not so good. Once you have accepted it, focus all your attention on the "good" that it will bring. Clearly crystallize in your mind the advantage you have gained by learning to accept risk and understand it. Embrace...

sim03, I am sorry that I missed your question from a few days ago. I was just looking back for a chart I had posted and saw it. Studying value can be done in many ways. You can simply set up a workspace with various time frames and draw lines thru support and resistance, you could watch...

Recapping the trades and themes from last week..... The EUR/EC we were playing the well defined range thru the midrange working down to the bottom of value. The CAD/CD we were awaiting a re-take of the 1145 area and an ultimate breakout. This pair continues to drink heavily and needs to...

cman, Maybe someone else can take a stab at your question, but I think 65 out of 70 trades as winners is incredible. Like I said earlier, I blew out my first account and it took me a couple years to get going. 2 months is not enough time to gain competency in this field though. Don't rush...

Nice trading Kastro. You are somthing with that Loonie pair. I don't know how you do it. Drives me crazy sometimes. DRT

Here is a chart of my progress as a trader. In the beginning I traded Forex, then the Russel 2000, DOW and SP indexes. Several bond trades mixed in here but not a lot. So this is all of my learning curve, not just my Forex trades. This is only the trades with Tradestation. Doesn't include any...

HispaTrader, I don't mind trying to answer you at all. I always hope something I do or say helps someone in this business. 1. Could you describe, at a high level, your trading methodology? I gather that you use pivot points, Market Profile (in a general way, not a purist), and fibs...

I am happy to report that I am going fishing tommorrow so enjoy the day without me. Do you ever get a funny predictive type feeling when looking at things. I can't explain it, but I have a feeling, just a hunch mind you that the market is going to move big time tommorrow. I can't explain it...

Whistle while you work

Lastly some Yen sqwauking..... [20:13 JPY Briefing: Steady $ Buying As Options Attract - - -See 2337 ] New York, September 28. USD/JPY opened the NY session at 117.52, and despite soft US data - Q2 US GDP was revised down from 2.9% to 2.6% - rallied post data. Spot traders were at a loss...

Pound sqwauking.... [20:06 GBP BRIEFING: Statistical Error Weighs All Day - - - -See 2339 ] Boston, September 28. Many GBP positions were reportedly exited today on the back of the admission by the ONS that a modeling error had overstated inflation. The ONS slashed its estimate of annual...

Interesting sqwauking.... 20:33 EUR BRIEFING: Song Remains the Same - - - - - - - - - See 2335 ] Early EUR strength dissipated early in the US session as dealers focused on rising US yields instead of the backward looking GDP data. It is becoming apparent that hedge-fund blow-ups in...

This is a Fibo price projection of the long weekly uptrend that began at the end of last year. Many times, markets reverse at the 1.61% extension and this pair did. We are now testing the 1.27% level (again I might add). My thoughts here were that moving below this level is a strong signal that...

This one paints a good picture

[12:52 EUR/USD: Market Ignores Backward Looking Data; Focused on Now] Boston, September 28. The downward GDP revision is having little market impact as the market focuses on the now and on the future. Heavy EUR/USD sales from entrenched longs have limited EUR/USD topside all week long...

Da Bonds are heading trending down so far... Always keep an eye on them.

Here's a monthly version of the $ Index. Critical mass just like the weekly. DRT

We continue to build value right at our midrange level of 2720(2775 EC). The spring is coiling. Looks like the data and trading today and tommorrow will shape the future direction of this pair. I wanted to repost this chart from several days ago in the thread as a reminder that Mr. October...

9:00 PM on Wednesday night and we are at the 2720 key midrange level on EURUSD. Building value above here should lead to a re-test of the 2830 top area. Building value below should send us down to test the bottom. Stay alert. Sweet dreams. DRT