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Was tricky tight range before that trade, which shows how fine entry can be found even in such a messy market conditions with enough patience and focus. http://www.cornixforex.com/2012/03/trendline-and-level-re-test-trade/

No, quite objective really. Mini resistance is simply last swing high/low within the current trend on 1-min. That's usually where I place initial stop-loss at, if there are no such levels around, then simply risk whatever seems the most appropriate and stays within boundaries of my acceptable...

Very good 2B, particularly good that entry would be far enough from the closest possible resistance (down trendline forming the channel, part of which this 2B is), so that you could make the trade risk-free before that and enjoy the risk-less opportunity.

Thanks, yes I try to show not just the best of the winners, but also tricky trades. Textbook trades are important for one to "imprint" in the mind how a good setup should look like to see them in time, but tricky trades are also important, because everybody knows how to deal with textbook...

123 reversal pattern as part of the pullback in a bigger trend: http://www.cornixforex.com/2012/03/123-reversal-with-the-trend/

Tricky price action around the entry into double top pattern and how to deal with it... http://www.cornixforex.com/2012/03/double-top-tricky-price-action/

EMG now you remind me Jack Hershey. :D

I trade with Oanda, but seriously doubt such big size trader would too...

Yeah, lol. Even average FX trader's monthly turnover is probably like hundreds of millions notional. :)

Good lesson of incorrect stop-loss placement and immediate correction of such costly mistake many traders make: http://www.cornixforex.com/2012/03/123-reversal-trading-mistake-and-correction/

Some people confuse education with Education. One can have diploma of world's best university and still be as dumb as a cork. Actually there are many people like that, who's education exceeds their intellectual abilities. Unfortunately some of those, based on their formal education, are in...

LOL, so true! :)

Sure. That's exactly what I said. Just this thread is about the different kind of "losing", if I state it correctly (I probably don't and that's why you disagree with me). Losing in the sense of this thread is being some guy who funded an account with $10K and losing it. My point was that...

Imagine Porsche AG (they work huge volumes in FX) hedging it's currency risk. Such events make substantial profit for many, many successful and wealthy speculators. But is that the case of losers feeding the winners? From one side it is, but definitely not in the sense of this thread.

Of course. But it's naive to think that huge profits of profitable speculators come from losses of poor retail wannabees blowing up their accounts. Such a game would be not worth the candles. :) That was my point: economy in general feeds the markets with the money through many ways...

This is trading. Outsiders never understand it. They want opinion and trader shouldn't have an opinion. He may be long but looking for short or any other combo as Xspurt said. Everything is a continuously changing balance of odds in this business. And one either adapts... or falls prey to...

Vic Sperandeo, "Trader Vic: Methods of Wall Street Master" is the great one and my trading is still mostly based on principles, studied from that book. He explained things there in a very clear and straightforward manner, no smoke and mirrors. At all. And he is the real trader by the way...

Noticed that whenever I get "too tired" from 1-min charts it's just market (price action) being crappy. :) Trading requires continuous adaptation... Sometimes I forget this truth, but market reminds me in a harsch way, typical for a lady, who behaves (the Euro). :D

Oilfxpro, I love your sense of humor! :D

I did. You wrote the only way to make money for good trader is that majority to take the other side of his/her trade. My point is, yes, of course there is always someone on the other side of every trade, but it's not even close to individual winners just taking the opposite side of the...