Closed my 16.50 Silver long here at 16.50 after waiting 10 days for this price action to get going. Made a grand total of +0%. Stalled a couple of days ago and dipping now just after Non Farms Payroll, jumping out incase we have an avalanche. Still ...

Profitability in Simplicity by RichardRockFX

Clipped out @ breakeven @ 16.42. Long 16.50, stop 15.58, possible target +18.48/54, 2%, going back to longer term trade. Levels on Chart.

Profitability in Simplicity by RichardRockFX

Chart:

Profitability in Simplicity by RichardRockFX

Previous Silver Short @16.17 stopped out, -1%. Gone long at 16.42, Stop 16.38, Stop to breakeven if 16.47 reached, 0.5% Current price at time of posting:16.45

Profitability in Simplicity by RichardRockFX

Silver SL triggered @ 16.47, -1%.

Profitability in Simplicity by RichardRockFX

I discussed a possible Silver Short set up in a previous post here, but looking at price action, I have decided entered here at 16.17, just shy of the original price. I am changing the original stop level and going for a mid term trade, new stop is ...

Profitability in Simplicity by RichardRockFX

The last week's trades: Uneventful week for my trades, apart from my EUR/USD being stopped out at -1% in the chop at upper trendline. Not looking for a re-entry here, I don't revenge trade. Will stand aside on the Euro for now. The Gold short is ...

Profitability in Simplicity by RichardRockFX

EUR/USD Stopped out for -1%. XAU/USD in the green at moment. Looking for a GBP/USD Short soon around 1.32-33 levels, will post update when nearer price, currently @ 1.3075 Pending XAG/USD Short, 2% @ 16.20:

Profitability in Simplicity by RichardRockFX

I have 2 trades currently open from before I started this thread. 1st is a EUR/USD trade from 02-07-17, but seeing as price is still only 10 pips from my entry and now at 1.1398 (Entry 1.1408) it doesn't make much difference if I include it here. ...

Profitability in Simplicity by RichardRockFX

EUR/USD, GBP/USD, EUR/JPY, XAU/USD are my favourites. GBP/USD is a bit volatile ATM due to Brexit, so caution there.

The best Pairs to Trade?

No, you can't get rich quickly, but you can slowly for less risk. Trading with a 2% risk with a Risk/Reward of 3:1 compounded will build your account steadily. Some people have got rich quickly, but the majority of those who tried it got poor ...

Can you get rich quickly from forex trading?

You are misguided. TA does work. My trades are all TA, trendlines and fibs, and like the poster above I do not use indicators. I am profitable using TA and PA.

There is no such thing as technical analysis

This ^^^

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

I'm thinking a bit of chop today around this 1200-1210 level with not much to show.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Oanda is fine if not scalping. I'm a swing/long term trader these days and haven't had any probs. I use Dukascopy ECN too.

OANDA Discussion

Yes, the NFA's got your back

The most secure forex broker?

Risk should be 1% to 2% max per trade. Risk/Reward should be min 1:3 Max exposure across all open trades at any one time should be 4% Your win ratio of 85% is unlikely long term, but even with a 60% win ratio with above risk profile should put you ...

Need Risk money management advice - I have 85-80% winning Rate!

Best ECN: Dukascopy Best bucket shop: Oanda How do I know? Over 10 years trading, Good luck

The most secure forex broker?

I would be looking for a Short entry around 1.32-1.34 for a target of 1.18

Cable Update (GBPUSD)