One would do well to pay attention to the speed of movements higher and lower. Individual legs of trends (A-B) move quickly and don't offer too many solid entry opportunities once the leg has begun (although small pauses, usually showing themselves ...

The Typical Forex Profit making Cycle

I trade the EURUSD in the Asian session. Generally lower volatility and a lot of ranging. It's pretty predictable if you've been trading it for a while. I like taking inner-range trades (where the range has been already set) on 'bucket' type ...

What's your most profitable session ?

Is there an ulterior motive here, tdion? I'm just curious given your post history. And if there is an ulterior motive here, I have to ask-- after four years of seemingly not making any progress, why haven't you just given up trading yet? It's ...

Name just ONE successful forex trader...

Best of luck Petra in 2010, keep your eye on the prize and stay vigilant

Make or Break Year for Petra!

Quite the epic phrasing there

How my Trading took BIG turn...

You are looking at the service sector through some rose-tinted glasses, especially given what has happened in the past decade...

Isnt a service career more satisfying then trading?

Brutal... can't believe they got rid of the trays at the DCs! I'll try to contribute more discussion here, unfortunately I imagine I don't trade the same session as most of you. When I was still in school I watched US session, now that I'm working ...

The College Trader

Awesome, thanks for the news. 2010 should be a good year

MB Trading Futures - Introduction

Hi Justin, Any new updates regarding Web Navigator & Mobile Nav?

MB Trading Futures - Introduction

Numerous brokers have said that the % of their clients that are break-even or profitable is higher than 5%. The 95% rule is vague and oft-repeated, and while I personally think it's a bogus made up number, it still serves as a good warning message ...

The Reason why 95% Traders fail

Hey fullperson, I noticed you go to UMass-Amherst. I graduated in 2008. Obviously you are interested in trading, talk to Tom Schneeweis, he heads the CISDM and is on the 3rd floor in SOM I think. If I recall correctly, he was a former (and possibly ...

The College Trader

There's no formula that makes the market go where it's going to go. The market is going to move based on what human beings are doing. The future is unpredictable, but what people do (human nature) is relatively recurring and consistent (this goes ...

College courses for forex

Off the top of my head I can think of a few MSc programs in finance that delve into trading to varying degrees, but not many undergraduate classes that deal with trading. Most universities with a business school will offer classes that deal with the ...

College courses for forex

MBTrading is already limited at 100:1 on the majors, which are pretty much all anyone on these forums trades (unless there's some nuts out there trading clp/sek or something). 25:1 on non major pairs. I'm curious if anyone who complains about ...

New NFA Regulation!

I doubt you understand what stop hunting is.

According to FXCM, NFA New Margin Rule Effective 11/30/09

NFA regulation is a good thing, I welcome it.

According to FXCM, NFA New Margin Rule Effective 11/30/09

Right, but the failure rate would be significantly higher than 50% because of market noise, i.e. getting constantly stopped out with a 5 pip stop. If you flipped a coin and took a position and then the market immediately moved 95 pips in one ...

Why a chart pattern fails?

kingfisher, good luck with work. Having only 20 vacation days a year is probably the most soul crushing thing ever. And 20 vacation days a year is above average for Americans (I see you are from Dubai, I hope you get more). I work to live, not live ...

Isnt a service career more satisfying then trading?

I came to the conclusion that the volumes that most brokers provide are fairly accurate 'in principle.' The actual volumes themselves are garbage numbers that mean nothing (they are tick changes, I believe), but they accurately portray when there is ...

Trading 1m PA only

The VSA thread is all about volumes and spreads (ranges) of bars. The idea is to read into what is happening with order flow by seeing what is happening with volume at certain places/prices. For instance, new highs accompanied with low spread low ...

Trading 1m PA only