tradingwizzard

...employment data later in the week may be decisive...let's see if price manage to stay above 0.90 for the time being TW

excellent.....what they forget to tell is when..... TW

just wait to see a couple of more bad news to come until next FOMC meeting and the sentiment will shift in a blink of an eye.....just the other day Yellen said the economy is recovering "painfully" low.......and she's the chairwoman TW

no no......the idea is not to move back to 85, but to postpone the next tapering step as the economy is not feeling good TW

way lower than expected NFP may put the taper on hold for now.....any thoughts? TW

will be interested to see how with the equity react to the NFP today.....one new all time high on a supposition Fed will put taper on hold? TW

I like it to the upside too but flows are pouring out of aussie and euraud bullishness weigh on the pair as well...I am long too TW

really nice move, congrats eurusd bears must scratch their heads as euro back above 1.36......Draghi was a pain in the A today but markets in the end realized we're not trading here the Euro, but the eurusd as a pair......so sell the usd has been the theme as we're back at the highs TW

still on track, first target 20,000 TW

eurusd bears must feel the pain as every dip has been bought so far TW

euraud flows today with the ECB to influence the pair TW

I wouldn't be so sure on that Yellen thing..... what I find kind of funny is the fact that I remember exactly that when the hearing in front of the Senate took place, Yellen told frankly that no taper is coming.....yet again, one month later, Fed delivered a taper and now markets are looking for it to continue at the next meeting....... I would say she will try to make a point after taking the Fed and everything will be changed... just saying TW

Trade nr 4 Going LONG EURJPY here in 142.97 with stop loss 141.95 and take profit 144.00 contracting triangle on th 1h chart in the makings

Trade nr. 3 Going LONG Eurgbp here in 0.8307 for 08488 take profit and 08250 stop loss Double three running on the hourly chart calls for higher values to come and this contracting triangle looks poised to break higer. In terms of fundamentals, CPI today in Europe may move the pair. TW

well, I don't know if I am qualified but I am definitely interested to join TW

nice comparison...... the thing is that Fed still injects 75 billion on a monthly basis....this kind of money is not just vanishing into the air TW

I open my first forex trading account long time ago in US with forex.com and remember eurusd was having a 3 pips spread.....500$ was the deposit and I quickly lost it of course TW

hi handle, I know nothing about Joe Ross trading method and I would appreciate if you can outline some basic things about that method. Thanks TW

Trade nr. 2 Going LONG AUDUSD here in 0.8988 for 0.9756 take profit and 0.8817 stop loss despite Gov. Stevens calling for 85 cents on the dollar for aussie, this is part of an irregular flat, the zigzag is completed to the downside for the B wave, and now the C wave should retrace completely the previous B wave.......so going long TW

ok, thank you..... TW

1 minute chart? Really? TW

Darvas? I never heard of something like that. Can you share some insights please? Thanks, TW

the wedge in the attachment is the classical example of a rising wedge that is.....NOT falling........but continuing higher.....this is called a running variation of a contracting triangle and it is the only exception when wedges do not act like the majority of traders expect them to.......threrefore, margin calls are being triggered on such patterns classical example on recent eurjpy move TW

hi livernik, I hear what you are saying. Just arguing with the fact that "sooner or later" is a relative term in trading. How would you define sooner in terms of price and/or time? TW

Trade nr 1 Going LONG EURUSD here in 1.3674 with 1.3501 stop loss and 1.4040 take profit the reason for that is, as you can see on the chart in the attachment, we have a B failure for this flat and I would like to think it is part of a second wave (even though this one will turn out to be a more complex one)......1.40 to come and there's a nice rr ratio for it TW