Yes, it's a strange one. I just have a feeling (and it's only a feeling!) that it's going to strengthen a bit till about the 20th, after which it my well shoot up (weaken). For me, I'm keeping to short term trades for now.

Lets talk USDCAD

Turning point for me? Once I had discovered how the currencies move and applied my framework, it's just the limitations and baggage in my own head. Get that out of the way, trade as simple a system as possible, and you can trade profitably and sleep ...

The turing point in becoming a successful trader

I think that's worth much more that two cents!

A trader's job

Hi Simon, But don't you leave room for development of the rules? If you deviate from the rules and make profits consistently as a result, doesn't that mean you should change the rules?

A trader's job

Hi again Simon. I was referring to where you say 'If I don't follow my system and make a profit, then I curse myself for doing a poor job.' No matter. I actually agree with you in most of what you say. That's why I developed a framework that shows ...

A trader's job

I'm confused then. First you say you can work with other people's systems, and then you say they don't work - and then you beat yourself up when you succeed! I hope you've got something that works for you! The thing I've developed is ...

A trader's job

Wonderful! I got a Yamaha tenor, and I love it. It's a great antidote for stress and carpal tunnel syndrome!

Where's the dollar going?

Very interesting! Someone once said to me that there are a million systems out there and they all work. It's when we screw them up that they fail. For me, the most important thing to believe in is me. When I am in that 'zone' my system works 100%.

A trader's job

Blimey, that's complicated! I got lost after about the third sentence. I trade on the technicals for short-term, consistent profits, and ride the big ones when I can. So there's no need for me to wrap my head around all this analysis, and I can go ...

Where's the dollar going?

Yes, yes YESSSSSSSSSS! Brilliant. Well said!

Trading Systems

I believe that all traders are looking for financial independence. The trouble is that financial independence starts with personal independence, and that means personal empowerment and taking responsibility for your own actions. From what I have ...

Trading Systems

Yes, it's interesting that one. Sometimes the 'jump' is quite big. I sometimes wonder if you can trade them, assuming the rates you get from that site are reliable.

The Forex Market NEVER actually closes

I'm still wondering if it will go that low, but after that I think we're in for a pretty big reversal. The next few days should let us know!

GBPUSD

No, I haven't discussed it elsewhere. I've been doing a lot of work with Olga Sheean (www.olgasheean.com). A lot of it is very challenging, because it goes against years of conditioning and things that I am 'convinced are the way things are'. It's ...

Reading......and reading.......

I think I got to that point a few months ago too. So I stopped reading, started working on myself, and discovered a system that was as simple as it could possible be, and that worked for me, and started applying it consistently. Then, guess what, I ...

Reading......and reading.......

Softly, softly catchee monkey... — I think that's the phrase anyway. Yes, 10% is perfectly possible on a consistent basis. And I think there are a hell of a lot of traders out there who would be very happy with that! Well done! Personally I am ...

Predictable Potential???

Well, I think that's really impressive! I've been trading live for a few months now, using my own system, and it's getting a bit better each month. I look at it in terms of ROI. Month 1 was 30% and December was 61%. I traded 12 part days in ...

Winner vs. Losers (Size) - Could Use Some Advice.

Thanks Franz. I'll go and take a look. You might like to check my site out as well...

5% per day is achievable

Hmmm, interesting. What 'class of trader' are you? The same as Franz? Less than? More than? Does it matter? Are these issues of self-worth that are coming up, that we all have to wrestle with in trading? I'm actually not comparing myself to Franz, ...

5% per day is achievable

Anyone agree with me that GBP will go to about 1.6970 by Jan 1 2006?

GBPUSD