Demo trading is bad for health.Seriously. Open small account at Oanda and trade 15, 20C lots Without emotional investment you are just masturbating on demo and learning bad habits. Sorry could not help it.

Simple Money Making Method

Sentiment on AU is bearish. We could see 1015...Euro is weakening now and we could see domino effect. Keep in mind institutional money which moves the Price (not retail money)if target is not reached by 12:30pm today chances of Price reaching ...

Simple Money Making Method

Nevermind guys my error.I was on H4 chart sorry...

Simple Money Making Method

too early. Put a fib on it and you'll get a clue. Its at 23.6 now 50% is closest to 72EMA. I hope you guys are thinking short right?

Simple Money Making Method

For those who don't grasp the principle I'll explain in broad terms. For every move up and down PA usually retraces Fibonacci .618(very strong) 50%(not a fib number but strong as well) and weak 23 and 38 Stronger the move up greater the retrace ...

How do you develop a system?

I think we could all benefit from some knowledge of Order Flow In a nut shell Big Hedge Funds ,Banks (big boys) trade with millions and they need liquidity to get their orders fill because during high liquidity they get the best price and pay less ...

Simple Money Making Method

Thank you FX and I will continue to share. Trading is psychology almost all of it. I love Dr. Alexander Elder who wrote many brilliant books and inspired many great traders including one of my favorites Walter Peters. Watch him gave this talk which ...

Simple Money Making Method

Did you look at my post just above with chart? Did you read? Trading is about paying attention! Why are you asking the obvious?

Simple Money Making Method

Good morning everyone! Lets have a green pipin day Noticed Cable dropping generally more on US session then London....something worth noticing. Here is a nice set up in progress on Euro.Noticed the 2 EMA's cross matches with 38.2 Fib retrace? ...

Simple Money Making Method

I trade with few methods. 1.position (cad orders) 2.MA cross with a filter 3.and this system 4.Price Action with combination all above.In fact most of my trades are on naked charts. I see great value on the Cad but this is in confluence with my ...

Simple Money Making Method

All nice and clean and logical on your part which is exactly why I am long from 9760 98 9810 9821 Because trading does not necessarily follow TA

USD/CAD

My long heavy positions on UCAD is still open.Didn't panic even though Price dropped 80pips against me.I did buy more from the bottom 9760. Moving on. There are lot of new traders coming to "systems" looking for holly grail.There is none.Even if ...

Simple Money Making Method

I use MB trading Fast Free ECN NO BS.No re-quotes. Only time I experienced a lag is in major news release and I attribute that to server overload and usually lasts sec or two. This is US based that is regulated,your funds safe but no hedging allowed ...

Best US Broker for Scalping?

50EMA is faster then 72EMA I prefer to catch the move earlier.Some traders use 20EMA or less. Its a preference. I suggest a nice site which covers lot of good material. babypips start with the school.

Simple Money Making Method

Generally If short you want 200EMA above the price and if Long Under the Price

Simple Money Making Method

Hi Saravan I figure everyone will dump their Long positions as time gets near to NFP I read 10 different forecasts and all positive. One can exit before the News just in case and be safe. Regards

Simple Money Making Method

Its a important MA in terms of floating S/R and because its most paid attention MA by institutional and retail traders. I am short on GU from 6190 and have 4 long positions on Cad. Please don't copy my trades risk is yours.

Simple Money Making Method

Something worth reading What I have been reading forecast seems positive for US dollar. I read 120-140k new jobs added in Sept.EU and GU both could tank rabidly. Time of release: 10/05/2012 12:30 GMT, 8:30 EDT Primary Pair Impact: EURUSD Expected: ...

Cable Update (GBPUSD)

What I have been reading forecast seems positive for US dollar. I read 120-140k new jobs added in Sept.EU and GU both could tank rabidly. Time of release: 10/05/2012 12:30 GMT, 8:30 EDT Primary Pair Impact: EURUSD Expected: 115K Previous: 96K ...

Simple Money Making Method

What I have been reading forecast seems positive for US dollar. I read 120-140k new jobs added in Sept.EU and GU both could tank rabidly. Time of release: 10/05/2012 12:30 GMT, 8:30 EDT Primary Pair Impact: EURUSD Expected: 115K Previous: 96K ...

EURUSD