you can place a market order in the opposite direction at x pips from where the current price is trading. in my opinion that is acceptable...

Is it an acceptable position?

indicators are lagging, you cannot really rely on them

Cable Update (GBPUSD)

all of the above

Where do all your forex profits go to?

great to hear that man !

From 10k to 1 million...

can i ask you what % of your account you risk per trade ?

My Personal journal up 18% in 2 months going to start a journal

my account is in USD i will open another account which will also be in USD

Your account denomination

good trade tomasz

USD/JPY Discussion

volume won't help you much, because forex is not centralized, volume here is relative...i wouldn't rely on volume in forex at all

Cable Update (GBPUSD)

bagged a nice 80pips from this baby today, closed the position when i saw it reversing rapidly. Didn't expect the reversal, thought it would go down at least 250 pips.

GBPCAD

short @ 1.7849

GBPCAD

mainly heiken ashi + psar, i ride the trend, and the trend can easily be identified with heiken ashi and psar. . i trade on the 4hr timeframe and higher. nothing shorter than 4H

GBPCAD

i would rather watch movies than study for my college exams. Thank god i finish college this year

The Experts Zone: GBPJPY

whenever a stall occurs, i wait and see what happens once the stall ends, and if my system generates a signal i enter. Usually after a stall there will be a downward or upward movement.

EURUSD

i agree. long term trading is the way to go. After playing with small time-frames and different systems, long term trading is the most rewarding

Cable Update (GBPUSD)

it's going past 96.00 any time now

USD/JPY Discussion

why do you think a change of market direction is very possible ?

EURUSD

Xaron, form what i can see from your reports, you make a lot of trades/day. Have you tried a strategy that doesn't involve so many trades/day /going on a higher timeframe ? From my experience that is the best way to trade.

From 10k to 1 million...

i don't see it going down. expect it to reach at least 1.55

Cable Update (GBPUSD)

1. if you risk only 2% of your account on a position, you can only lose 2% on that position. If you risk more you can lose more. You can't always be right, so there will be times when you will lose. Why not lose a little. now you would say: yes, but ...

EURUSD

well, i just sold

Daily EUR/JPY analysis