They are definitely tradeable in my opinion. I would even argue that following the momentum of such cycles, on the same timeframe as they are unfolding, is one of the biggest edges a trader could incorporate into his trading - it's certainly the ...

Position Trading - F it, lets start a thread

I'm rather curious as to how you derived these "facts" ..... do you have access to information about traders across different brokers that nobody else has? How do you know how many different accounts you have studied belong to the same traders? ...

High on coffee - What I've learned so far in Forex

I agree with most of what you say, except perhaps that the correct emotional settings can be learned ..... I think the ability to consciously and deliberately change our psychological makeup is rare, most people simply aren't wired properly for ...

High on coffee - What I've learned so far in Forex

This. Learning to search for/anticipate strength or weakness in individual currencies, rather than pairs of currencies, is one of the keys to this game IMO. Traders need to think less about the singular price being printed on their screens, and more ...

The Usual Suspects - Effective Baskets

Shit that's impressive if you can do it consistently ..... I don't set targets for myself but I managed to hold my max DD below my average monthly gain for almost a year which I was quietly proud of. It blew out eventually, it's a bit ridiculous to ...

Investing your bankroll

Very interesting, but why are you trading two currencies against each other when their strength is so similar? Basically you are taking two fundamentally very weak currencies and splitting hairs over which one will be slightly weaker than the other ...

Fundamental Analysis - HAR

You might want to look at some kind of triple screen trading strategy - find a trend on the weekly chart, drop to a daily chart and wait for a pullback, then drop to a 4H chart and enter when it turns back in the direction of the weekly trend. I ...

Have been chasing trends for 14 months - Some thoughts

lol you sound a bit mad there bro, like you didn't expect any shit. I think you knew what would happen when you started this thread ..... if you deliberately stand behind the cow and lift it's tail, don't cry about what happens next

What is the MOST important level on your chart today?

You might find it difficult to integrate information from a data panel into a usable trading system - I used to plot my own data panels, then I started plotting little line charts of each indicator so I could see which way everything was trending, ...

Trading News with economics & probability

In simpler terms, GA is always equal to GU divided by AU Currency 'crosses' like GA are calculated based on the value of the two currencies v the USD, so this equation always holds true for any three circular sets of currency pairs, one can always ...

Telescopic effect of Currency Pairs

If you go back and read some FOMC statements from the last two years, you'll see they constantly said a lower unemployment rate would be the catalyst for ending QE and starting to hike rates. They even drew lines in the sand, putting approximate ...

Fundamentals/News - reactions to the upcoming FOMC meeting

You're too late man, the fed already announced it would hike rates - and EUR/USD went down 2,000 pips. If you are just trying to figure it out now, your trading plan is way out of sync with fundamental movements - the smart traders have been making ...

Fundamentals/News - reactions to the upcoming FOMC meeting

Buy a bigger monitor ......

Need wider candlesticks

It takes 4 - 5 years just to learn your arsehole from your elbow, no matter how smart or determined you are. IMHO the biggest problem facing inexperienced traders isn't internal at all - it is that the markets constantly change moods, behaviors and ...

A year and a half experience and still facing difficulties

Quantify the total risk you are willing to take on your belief, then divide that risk by the number of positions. Going back to the example above ..... if you think GBP is going to go up, and you want to bet 2% of your account on that belief, and ...

Long term fundamental traders: risk, stops, etc

I should point out that I don't trade that strategy anymore, my previous post in this thread is referring to the way I trade now. When I traded that strategy I simply opened a small position every single day before the London open, regardless of ...

Long term fundamental traders: risk, stops, etc

Behind the last swing high/low ..... an uptrend is a sequence of higher highs and lows, a downtrend is a sequence of lower lows and highs ..... keeping my stop outside the last swing means I exit the trade when that sequence is over. I don't really ...

Long term fundamental traders: risk, stops, etc

... it never ceases to amaze me how many traders look at a news event and say "oh, that result is already priced in" ..... yet I have never seen one of them stop and ask how it got priced in, why it got priced in, how the event was anticipated and ...

Great fall of China sinks world stocks, dollar tumbles

Yeah. Shock events like this may be unpredictable, but their effects are never random. The first time I read Market Wizards, several years ago, one phrase had a deep and lasting impact on me - "A bull market will shrug off negative news and respond ...

Great fall of China sinks world stocks, dollar tumbles

If you are interested in fundamentals, I mostly use economic indicators - GDP growth, employment, retail sales and inflation data etc. to get an idea of whether the economy is growing or contracting .... combined with central bank sentiment and ...

What helped you the most to be profitable?