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I give up. What is your answer.

I am tempted to hold it until 1.20. Nah, couldn't happen could it. Who was the Gann guy anyway? Hell, I do not even know how to intepret any of his stuff. But this chart shows it at the 1X1 line. First a test, then a pullback where we closed on Friday. DRT

I found the price action yesterday and particularly today to be interesting. All the movement came in one large move up within one hourly candle and I think the majority of it came in about 20 minutes. There was no continuation of the move yesterday or today. Volume on the CME for FX was above...

I can't really explain it from a normal perspective that would help anyone else, but from my methodolgy..... I see the pair testing 1.27 again at a minimum. I follow price distribution on the monthly and weekly level and there is a lot of unresolved zones down below. The distribution curve...

I am short at 2925. Target is 2455. DRT

Minutes Only

I am going to exit here at 1.2987. Looks like we should head up but I see some significant resistance that has me wondering and it is best to watch a while for me. Profit of 147 points. I still see a better place to be long around 1.25 area but I not sure we will ever get there in my...

Here's a good one..... 15:44 EUR/USD: Reports of Heavy Two-Way Flows at Lows] Boston, May 26. Dealers note talk of very heavy two-way flows close to the lows of the day. One account is said to have sold up to a yard of EUR/USD around 1.2705 and was filled in by a North Asian central...

I had some time today and was playing around with my trade manager. For all new traders out there who are wondering if you will ever become profitable and your stubborn persistence will finally payoff, take a look a this graph. This represents all my trades since I began trading on my current...

70 pips a day. .... you have all you need. I would suggest helping with world hunger or something.

I considered this and I agree with a downward correction to some where, but I think it will be more of a continuing process than an event. I don't think the Goldies are ready to give up yet. I hope the correction is a good one, cause I would like to load up on some in my long term account...

Yes. Wise move to stay away. I just can't. This is about 98% of my methodology. Few bonds here and there. Sigh again. I have a tough time multi tasking so I just focus on a couple markets. DRT

Okay. Made all my weeks wages back. Now I am Long at 2750 Target 1 3040 Target 2 3140 If we close solidly below 2750 today, I will close up shop. DRT

Wow. More carnage. Wiped out a whole week of profits for me. I am going to go cry for a while. I have a key buy level at 2750 and now I do not know what to do??????? I do have some call options on the VIX. Maybe they will help tommorrow. Sigh

Ouuch! I was loaded up long. [21:18 EUR/USD: Reverses Session Gains in a Blink] San Francisco, May 23. Just quietly, there are not a lot of happy traders in late NY after the sharp bounce back in the dollar in the last hour of trading. News that bird flu was being transferred...

Does anyone have a solo (individual) 401k set up? If so, any recommendations on who to use so that you can actively trade the account with stocks, options, futures, forex? Any help appreciated. DRT

I am going to TP at the 2840 area if it is there around 9:30. May go long here also.

Okay. I have done it. Short at 1.2940 Using a 500 point stop:p

I have all the majors slamming into key levels at once. I think this is the big one. Look for a change in direction to unfold. I have the EURUSD retreating back to 1.2435 before heading back up. I couldn't resist :D

It takes guts just to post this. I predict you will achieve greatness.