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Fudomyo replied Feb 27, 2012If you are blindly trading a mechanical system without factoring in market conditions, trading times, and other relevent factors, then of course, profitability will decrease over time. A good trading system should function across a wide spectrum of ...
What is your weekly return?
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Fudomyo replied Feb 27, 2012That depends greatly on your stake, your broker, and how you amortize your cost of entry against profit targets. With an MM, you may well have to take into account higher spreads, slippage, misquotes, server disconnects, whatever, so trading for a ...
What is your weekly return?
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Fudomyo replied Feb 27, 2012Exactly. I do about 10-15 trades a day, so in the same range basically. Maybe my outlook on scalping is a bit different than the classic definition of it. I don't trade for 2-3 pips at a time. Anything 30 pips or under is a scalp for me. I probably ...
What is your weekly return?
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Fudomyo replied Feb 26, 2012Of course. The reason swing trading is more popular for most FF traders is because it's easier for people who aren't very good at trading to sit in long term positions. The argument that position size can be compounded in a swing trade doesn't stack ...
What is your weekly return?
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Fudomyo replied Feb 16, 2012Apparently the Greek debt swap deal will be completed this weekend. If so, it's kick the can down the road time until April when the general elections come up. If it actually happens, this could get pumped a lot further. For intraday, DR3/WP (where ...
Cable Update (GBPUSD)
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Fudomyo replied Feb 16, 2012np mate. all the best with your trades.
hi BB, nice going on your long. I like your new wheels... lolCable Update (GBPUSD)
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Fudomyo replied Feb 16, 2012Hourly Chart - Last candle close was 5747. Tower Bottom forming. Daily chart - Bullish continuation pattern forming. (yesterday's Inside Bar with a candle close above 5747 today) Monthly chart - January, Bullish Clould Cover, 5747 close. February ...
Cable Update (GBPUSD)
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Fudomyo replied Feb 15, 2012Tony Scott - After the snow, the Fragrance video
What kind of music you hear while you trade?
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Fudomyo replied Feb 3, 2012ok you are missing the point. news is news. get a reuters feed if you want news. or if you can't afford reuters get talkFX. this is news. the "inside" market rumor bullshit they spin is wrong so much of the time it's laughable. do whatever you like. ...
Cable Update (GBPUSD)
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Fudomyo replied Feb 3, 2012don't take it the wrong way. I wasn't talking about you so there's no fight. news is news. how they trade is what I refering to.

Cable Update (GBPUSD)
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Fudomyo replied Feb 3, 2012if I had a nickle for every time forexlive called it wrong I wouldn't have to trade.
the big news today is we have a real market again for the first time since May 2011. game is back on. 
Cable Update (GBPUSD)
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Fudomyo replied Feb 2, 2012FORRO IN THE DARK - Forrowest video
What kind of music you hear while you trade?
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Fudomyo replied Feb 2, 2012the best may be yet to come this week. interesting posts on this thread today. I've avoided GU since we hit the barrier. stuff like this takes time to sort out. in terms of trading being gambling, it's one outlook, but not necessarily accurate. ...
Cable Update (GBPUSD)
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Fudomyo replied Jan 30, 2012lol... I have no idea what that means, but I like how it sounds. it's almost Tokyo time, so I'm out of here. GL w/ your trades.

EURUSD
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Fudomyo replied Jan 30, 2012weekly chart — If the WP/MP area holds, above DP looking for WHI and the ascending TL at 3300 with 3380/W range top at MR1 to follow. Should the WP/MP area fail, 3030 and W range bottom at 2900 are on the table. Currently, we're at the EU ...
EURUSD
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Fudomyo replied Jan 27, 2012this PA was expected with the resistance area we hit. I avoid GU like the plague in situations like this. starting out, you need to take time studying the PA of each instrument to get a feel for it's rhythm. takes time. 1H LTL still intact. under ...
Cable Update (GBPUSD)
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Fudomyo replied Jan 26, 2012I'm fence sitting until this area is better sorted. Not completely convinced of the run until we take out the PB resistance areas on EU GU. A lot can happen here. When USD goes, the drop could be much larger. But the timing of the Greece debt deal ...
Cable Update (GBPUSD)