I'll try not to get caught haha. On a side note, I'd like to speculate that the pair will go bullish despite what the DIBS method might suggest. IF I get proven right, then I'll share the thought process that I used to arrive at that conclusion.

The DIBS Method... No Free Lunch continues

I cheated a little this time . I kept the sell stop price as 2 pips instead of 1 (for the gbp/usd). I didn't get into the trade but I haven't been stopped as well. I think the market is waiting for the US unemployment claims to roll in before it ...

The DIBS Method... No Free Lunch continues

I'm a bit confused as to when you placed that trade? How did you not get stopped out on that trade as I did? It seems as if you entered the trade after the big bullish candle had started forming rather than entering the trade on the small bull with ...

The DIBS Method... No Free Lunch continues

For your situation, I would suggest that you trade during your 'sunlight' hours and still hold a job of some sorts during your night hours. Once you have established a strategy that is consistently making you money, then you can start scaling up ...

Trading in choppy markets

+1 Not many people would agree with that but I do and that's what I've done. I agree with the rest of your comment too and find that being forced to learn to trade the real way (in terms of the psychology, patience etc.) is far better the sooner ...

Is demo a step before real trading?

If that story is true, what is your course of action? If that story is false, what is your course of action? What is your course of action when you read about someone winning $1M USD lottery jackpot? Do you go out any buy lottery tickets? What I'm ...

Can you get rich quickly from forex trading?

HCooper, I've given this a crack on my live account. Pulled off a couple of small UJ trades on the M1 chart (refer my trade explorer if anyone wants to see entry and exits). This would definitely supplement my own scalping strategy as this would be ...

Simple, proven and profitable S/R system

Might I suggest that since you are focussing on winning strategies, that for the follow up study, you exclude anyone without a published trade journal and a minimum live trading time/number of trades (6months/2000 trades - something like that). Talk ...

Help with dissertation

Take my answers with a sizeable pinch of salt. I don't claim to be an expert. 1) What is more important, technical or fundamental in a trading strategy? and why? A) The answer to this depends on the psychology of the trader and their goals. If the ...

Help with dissertation

I tried loading this on my demo account. It gives me error message of "Sorry your real account pin code 0 not authorized". Any help would be greatly appreciated!

Grid Correlation Trading- From $5,000 to $100,000

There's lots of analogies thrown around about how Forex trading is like playing poker and as a casual poker player, I'd say this is very true. You do not want to be anywhere near a trading platform unless your mental state is calm and clear just the ...

Emotional Status - I don't give a f***

It is possible to make a net profit each month provided you have a decent system and can follow the rules. Accounts getting exploded is usually because of people getting too greedy. As an example, I am aiming for 0.1% of my account size in profit ...

Who makes real money from forex?

I have started a scalping strategy in the last 3 weeks using no stop losses. I use it as a way to force myself to adhere to my rules for entering and exiting trades seeing as how things could go horribly wrong for me if I get too greedy. I am ...

Trading without stop-losses

In my opinion, having a decent starting account size ($500-1000) has a psychological effect especially depending on the lot size you are trading. For me, I started up with a broker who has the smallest trade-able size as micro lot. As a result, if I ...

Does having adequate account size help make a success?