Week 3 Haven't done much trading time. Made a routine to find setups at 8 in the morning (LO) and about 8 in the evening. Besides day job, I don't have time (and really, the interest) for day trading, scalping or whatever. I'm still trading every ...

3psilon's journal

Week 2 Well, what a week. I decided to take on as many trades as possible and analyze them during the weekend. I just randomly fire up MT5, take some trades based on what I see and just move on. I don't have to be right or wrong, just trade what I ...

3psilon's journal

Hey Robinhood, just wanted to thank you for this system. I just started demo trading last week, so it's still a quite long way, but this system (method....) is something simple to get started with and it makes a lot of sense. It was also very easy ...

Trading Made Simple(r)

This post should be pinned to the FF front page. Thank you so much.

Twelve widely believed forex myths

Yes. It could be zero-sum but (link) basically, most of the volume is made not by speculators but rather by large transactions of companies (and their banks) who are just doing their daily business. Say, you have to pay an invoice of USD 10.000 from ...

Is Forex a ZERO Sum game?

What I do now as a complete beginner is to close all trades by the evening (here in Europe, at least) and review every single trade. How did I enter, what was the signal, how did I make the decision? Was the SL good? TP, could it be better? What is ...

Trading Made Simple

Getting in is easy... getting out makes the difference between a good and a better trader. :nerd: I could use some suggestions regarding this topic, as well. My first shot is 50 pips TP. Might work if you trade at London open. You can adjust that ...

Trading Made Simple

The London open has the highest impact. (Esp on EUR, USD etc. pairs) I'm using this tool: url Pretty useful because it takes into account the various time zone and DST differences. Or there is a chart here on FF, too. Also, there are MT4 ...

Trading Made Simple

I maybe would have taken both, bailing out early. It can be seen that at the 1st entry, I would be trading a retracement in a 4hr trend - need to be cautious. The 2nd entry - entering into a rectangle range before breakout. But I would have had to ...

Trading Made Simple

Thanks a lot. Very useful. I just started my trading journey with a TMS demo account. (See in my profile - still getting into it...) Keeping everything very simple as I don't have the experience to over-complicate things. It seems for me that ...

Trading Made Simple

Could you explain this a little further, please?

Trading Made Simple

I am just planning to apply this strategy. I've been thinking: what does the TDI do? I want to completely understand the the components of the strategy that I'm going to execute. Well, looking into the code, I discovered it is two RSI lines, ...

Trading Made Simple

Pepperstone must have asked you to send quite a lot of ID stuff to verify you identity. (Credit card, passport, electronic statement etc.) Since you can resend these and verify your new credit card, all this shouldn't be a problem!

Pepperstone Forex

Hey guys, I'm a newcomer around here (and to Forex as well, kind of). Just posting this to see if I got the Classic setup right. Got into two shorts, in accordance with the daily trend. What I did is that I have closed half of the position, moved SL ...

Sonic R. System

Ah, thanks, +1!!

Pepperstone Forex

Some clarification: If you look at a symbol properties window in MT4, then you may see the swap in points. One point in MT4 is at the decimal place that you see mentioned in the same window - or, if you open a chart window, the last decimal that you ...

Which broker offers highest swap rates?

Wowowoooo it worked great, I messed it up only that I did not know at first how to partially close an order (@200%), so I closed it all. Let this be my greatest concern. So the rules I use so far on M5: - Trend: Alligator's teeth (3xEMA) in order, ...

1.2.3. break bacis

Thanks TEB for sharing this strategy. I'm a complete newbie and have been looking for something exactly like this: a simple system where the basic tools of trend identification, indicator use, Fibos and MM rules go together. There is always more to ...

1.2.3. break bacis