try a practice account till you are confortable trading. remember you are not in it to loss your hard earn money.

Help for Newbies (Discussion Thread)

indicators are helpful in a way, but THE MAIN most important thing is PRICE ACTION. LEARN to read the charts in front of you without indicators. the thing with indicators is that they all tell you what HAS happened, none will tell you what WILL ...

Help for Newbies (Discussion Thread)

and to be honest, lets not forget that its gaining on the USD, the USD index doesnt seem promising, dont think the euro will lose to the USD, and egypt is not a big deal at all. the US markets didnt react, egypt's only impact on the economy is the ...

EURUSD

i dont believe the Euro is gonna be a good short play, to be honest when that mini double top formed i shorted it, managed scrap some peeps before i exited because i felt unconfortable in my short position, it seems like price is consolidating to ...

EURUSD

open an account with gft, the deal book 360 is a great platform, and minimum like 300.00 USD or so, check with your area. and for begginers the first thing is read up on candle sticks (understand them well) chart patterns supply and demand pivot ...

Help for Newbies (Discussion Thread)

not easy but you could take a calculated guess. at the end of a long down trend if price consolidates for a while makes a W pattern probably a bottom. i look at the tick and the 1 minute chart and im starting to recognize patterns. it always does ...

EURUSD

you should read up on pivot points, give you targets, and they are usually right, plus so many traders use them, that u see what a lot of people see. price hit the R2 pivot at 1.38419 and it had trouble finding traders willing to buy past that. no ...

EURUSD

its worked well for me so far... but im no expert, if you dont know what to do. stay out. stying in cash is a great position, dont give your money to the market. trade what you see and only if you are willing to bet on it, if not sure, screw it stay ...

EURUSD

i've made some money in BAC "bank of america" today and IRE "bank of ireland' bank of america looking good to enter on the swing to exit at approx 16 a share, hit the bottom bollinger band, found support on fibonacci line and just finish ...

How to find the right trending stocks?

ive made some dollars on the euro correction and rally, hey i'm starting to observe the market. yesterday i said cup and handle but stayed and in cash after taking profits nearing the fib and pivot resistance level. i think the euro will correct ...

EURUSD

for the mean time i took profits and im staying in cash, im looking at it both ways and i dont know what the market will do next, so i'll let the bulls and bears battle it out, while i protect my earnings. i'll jump in either on short or long when ...

EURUSD

fontu, i disagree with you, your elliot wave analysis doesn't hold up on a daily, chart the 3 leg should be longer than the 1, doesnt seem to be that long, but the beauty of this market is that, one of us is wrong and we can see later on. as the ...

EURUSD

my trading system — hi am a newbie to trading but, i have been reading and reading. practicing i'm actually practicing with real money. yeah i know everyone is against this and it is a dumb idea but my goal is to lose it all. i'm not kidding, ...

Help for Newbies (Discussion Thread)

my 5 year old son is good at it, and my girlfriend, they have no clue what trading is all about lol, i think that great, they look at the damm things move up and down and they call it, no indicators no nothing, "oh its moving up" "its moving down" ...

Who is using one minute charts to trade?

my take on the eur/usd — i am new to forex, a rookie, but i have been reading up on trading. im going long the eur/usd ive made some money sleeping overnight by buy at the bottom of the correction, by analyzing confluence i thought it was ...

EURUSD