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funny thing is i don't even know who is saying what. dailyfx and forexfactory are not showing anyone speaking anything

weird market again today, though not as weird as yesterday. Seems due to this fiscal cliff, we will have such strange quick moves for next few days.

I did a scalp for 2 points but I am still holding long 1 contract and will buy 1 more at 1392.5. Why you think we will fall back from here? I think we made a pretty intense bottom, we are going back to 1402-1404 at least. My thinking could be wrong - yesterday market was very weird - so yes...

Yes, longer term in the sense of 1-2 day. Thats long term for me :) Every trader has to identify his shortcomings. My shortcoming is I find it hard to hold a position for more than 2 days. Even holding a position for 1 day sometimes proves hard for me. So, although my aim is to hold the...

long 1384 I believe uptrend is not broken yet and it is a fantastic place to buy at a good discount. Target 1397 and if I do manage to hold, 1405

Interesting quote!

OP - Yes, and once you mention the specific area, we can grill you further to know if you are lying or not. There are lots of posers on this forum and you have have lost credibility by saying you making 180k base after 1 year. However, if our suspicion is wrong and somehow your story is...

Following is typical progression. OP - how are you making 180k base after a year??? Designation - Base - Experience analyst - 70k usd - fresh undergrad joining a bank associate - 100k-110k usd - post mba or mfe or phd joining a bank vp 150k-170k usd - 3yrs experience as an associate in a bank

such a weird market today!!!!! haven't seen in a long time.

I was a bit surprised looking at the reversal today morning. We have a 88-94 gap down below, which I expected to get filled sometime this week itself. Maybe we will close in the red and tomorrow and day after we will fill that gap below.

out for +2 ticks.

long 1404.75

Thanks, I ended up making 1 point on this trade :) Very rarely do we see days like this - ferocious reversals. Seems price is going to 1412 by end of day??

Added short at 1405.5 post the number

short 1405.75, intense buying so far

I am assuming you will be successful PL wise and make money. Still you will face following 2 issues: IT issues that keep cropping up almost everyday are the biggest pain when working on your own compared to when you are with an institution. Things like database management, internet, server...

Thanks for writing :)

I have a daily limit on number of times I can change direction in a day with consecutive losses. The limit is 4. So, I can be long, get stopped, short get stopped, long again get stopped and thats all. If this happens, I don' trade that instrument for few hours or for full day. Because it...

it was evident from your constantly long/short changing yesterday that you are not trading well. I have found best to stop for few hours if 3-4 consecutive losses happen by changing directions. Such days historically used to cause me big losses - I learnt from them and now I don't have losses...

buy the rumor, sell the news. Short euro @ 1.298, target 100 pips.