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fxRichard replied May 10, 2008Realistically no one can answer this question for you based on the information we have. The day/time to trade really depends on your trading style. You need to watch the market, look at it's history and determine when it moves best for your trading ...
What is the best time to trade Forex for a rookie?
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fxRichard replied May 10, 2008This is a good example within itself. If one were to find the "holy grail", the profit margin would not remain exponential as they would quickly hit a top due to market liquidity. For example, first month you start trading with 10 full lots, second ...
I hate forex - the truth about gains in Forex
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fxRichard replied May 6, 2008It depends on your style and how you trade. For me,first 2 hours of each session (especially london and NY) and last hour of each session. Simply because these hours offer the most volatility and liquidity. Edit: Also 10:00-11:00 EST

What is the best time to trade Forex for a rookie?
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fxRichard replied May 4, 2008My opinion (not stating that it pertains to you as I don't know your specific situation) is that with the right tools Forex can be easy. The problem is too many people try to start with minimal capital and want to instantly make a living to millions ...
I hate forex - the truth about gains in Forex
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fxRichard replied May 4, 2008Syafi, are you still using LT's method? Is that what got you the 5-20% a month for the last 4 months? Just curious.
I hate forex - the truth about gains in Forex
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fxRichard replied Apr 26, 2008That's just it, if you try to make enough to live off of per day with a $500 account, even a $5,000 account you will blow that account trying. The more $ you have the easier it will be to make the $ per day however if you have a game plan that has ...
So you want to make x% a day...
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So you want to make x% a day...
Started Apr 26, 2008|Rookie Talk|17 replies
...I have heard many different numbers here the average being 5-7% a day. So how long would it ...
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fxRichard replied Apr 26, 2008Just out of curiosity, you may have already answered this earlier as I read MOST of this thread but not all. Are you trading live or demo? How many pips do you average a day/week etc?
Scalping the pip out of it
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fxRichard replied Jan 7, 2008The method behind the madness is simple, what this system attempts to do is capture the market during a time when it's range bound meaning it hasn't made up it's mind if want's to trend up or trend down. During this time the market creates points of ...
So far so good indicatorless system...
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fxRichard replied Jan 7, 2008Yes I have read through part of that thread, not the whole thing. I know it's on indicator free trading, however this can be accomplished many ways.
So far so good indicatorless system...
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fxRichard replied Jan 6, 2008Thanks guys I'll try it out tomorrow and see if that solves the problem.
Does GFT Dealbook 360 do this to you?
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fxRichard replied Jan 6, 2008Once again sorry for confusing you guys. The 2 indicators in this example were never used and not needed, can we move on.
So far so good indicatorless system...
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fxRichard replied Jan 6, 2008Sorry your not happy with this post, it was meant to show you an alternative to other systems out there that has worked well so far. I never mentioned needing the SMA's that were shown, I feel the directions are pretty straight forward, and as for ...
So far so good indicatorless system...
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fxRichard replied Jan 6, 2008I guess the pics don't show it that way, I do have some SMA's in the pics that aren't necessary for this system.
So far so good indicatorless system...
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fxRichard replied Jan 6, 2008On another note lets say on your 4hr chart you have a red candle (if you use candles) all this means is the close is lower than the open, however that red candle may have had a 20pip upswing on the 3min chart that you could have captured that you ...
So far so good indicatorless system...
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fxRichard replied Jan 6, 2008That is correct however let's say you see an up trend on the 2hr chart with a pullback starting, on the 3min chart you see a downtrend starting meaning the pullback is in place, you can trade off of this on a smaller time frame and maximize your ...
So far so good indicatorless system...
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fxRichard replied Jan 6, 2008Another note, this system works very well on pullbacks and breakouts.
So far so good indicatorless system...
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So far so good indicatorless system...
Started Jan 6, 2008|Trading Systems|26 replies
So here is the very BASICS behind what I do, I have a lot of other things that factor into my ...