Locating a strong support is easy, but locating the strong resistance level seems to be more difficult. How do you go about doing that? Sometimes you run the risk of cutting your winners too short because you closed at a resistance level that was ...

What is the best time to enter and exit a trend?

With regard to what is possible through analysis, what is a good time to enter when you know something is trending, and a good time to exit when you there is a strong probability the trend is over? I am thinking that a good set up for entering a ...

What is the best time to enter and exit a trend?

Oh looks like there was a thread recently about this topic: url

Arbitrage – Exploiting Inefficiencies in the Market

Some of you are in binary mode. Forex is not completely random nor completely 'not random' from a trader's perspective, remember a lot of the time a trader can correctly predict the direction of the trend but still fail due to poor entry timing, ...

Is the market random or not ?

Markets are also moved by fear and greed based on chart patterns and price action, which gives some technical analysis validity.

We're all saying the same thing

I think any sensible trend following system will work provided the market is actually trending. When the market is not trending, do not trade a trend following system or else you will lose money. Part of being a good trend trader is figuring out ...

We're all saying the same thing

Not a good idea to go long my friend

Auslanco - GBP/JPY and GBP/USD (newstrade)

I like this observation, as I find myself taking profit and missing a major move at times, thinking at the time of taking profit that I will "just get back in" if it starts to move in my direction again, though due to whatever factors psychological ...

What are some particulars about the Forex Markets that make it different from others?

good post, as with all endeavors intention is of the utmost importance.

Is trading Forex immoral??

Here is my input, I will offer some arguments for both views. Forex can be viewed as immoral for two reasons: a) it is gambling and b) transactions do not provide a good or service to anyone. The first one is easily dismissed because not all Forex ...

Is trading Forex immoral??

I wonder what kind of stop and trailing stop sizes Jacko prefers? I am the kind of guy who likes big stops so I would have a 100 pip trailing stop on EUR/USD, I am going to try this anti-hedging method as it seems to be a good idea if you use big ...

Trend Following Experiment - EURUSD

Thanks for these explanations!

Understanding Indicators