Recent content by Plata

Hi fellas So let me also use the opportunity from earlier today to post some candle sticks. I had spotted the FT100 chart this morning (on the EU side of the world). FT100 is moving downwards in some channel. Price rejected the upper channel again and I was looking for a retracement entry. The...

After a few days in the war room, I am stoked to report my first three successful trades. I jumped long into a couple of XXX-JPY pairs, specifically, USDJPY, AUDJPY, and EURJPY. I entered USDJPY after a 50% retracement, which was nearly stopped out shortly after. But the pair nicely rebounded...

I second vickie and want to provide a slightly different angle. In behavioral economics, there is a theory and some empirical findings about having weekly (or whatever time period) profit targets (if interested in more details, see for instance here). A person under such a target tends to stop...

Hi there! I am Sven from Berlin, originally from Germany, employed in Belgium, but currently on a rather long professional trip in Los Angeles. I am rather new to forex trading. I've been at it for about a year and I am "mildly" successful, meaning that I have a tiny but positive record up...

Brand new war room enthusiast.