If the market is truly ranging then it will be possible to draw two horizontal levels on the chart to mark the extremities of the range. I just trade PA from those extremities back towards the other side of the range. Depending on risk appetite, one ...

What to do in ranging markets? Traders worst nightmare

Balance every time, 1% of balance. I see this as a long-term career, and keeping risk per trade limited is a key component of long-term success, imho. Once it's working, the balance quickly gets big enough anyway! ST

risk per trade?

My shortest trade is a 20 pip target on the 5 minute chart, that takes as long as it takes to get hit but generally under an hour. My longest are trades taken off the Daily chart which usually take around a week to play out, but can occasionally run ...

How long do you hold a trade? Longest / Shortest

I'd second Forexnuts' post - particularly as this is in the rookie part of the forum, it could be helpful for newer traders to know whether you are quitting posting because you are, say, too busy trading to make time, or because you find fora ...

advice from my last post

This question comes up pretty often on a number of fora. My own view is that most styles of trading can be made to work, as there seem to be successful traders who trade almost exclusively based on fundamental analysis, and others who trade ...

Fundamentals, Technical or Both?

To answer the original question, personally I trade a mix of end of day and intraday, as I find that this means I will find setups in most market conditions. When trading end of day I tend to enter off the Daily chart, although I look at that, the ...

What time frame do you trade and why?

The trouble is, Forex is like anything in life - we all learn at different rates, and gather different knowledge in a different way from different sources. So one person's experience is not necessarily going to equate to another's reliably. ...

Time it takes to be a Successful Forex trader

Hi Rob, Hope you don't mind the question, but just wondered how you are finding it now that you're a few weeks further on? Thanks, ST

Forex Courses

I think that, like anything, Forex trading gets easier and more natural with practice, so I do think there comes a point where a couple of hours' trading during one part of the day does not need to leave one so drained that study or a job in another ...

Day-Trading and studying/working