rjf, that was a great post that should be read by everyone and not just new traders. That was very helpful information to read for almost any circumstance, whether your coming off a hard loss or a great win. Thanks for posting that.

Cable Update (GBPUSD)

Take the time to learn dude. Itll pay off so much more than if you buy something and never learn it, because when it goes wrong youll never know why. If you go wrong, you can figure out what you did and try to change it. Its a time consuming process ...

If you had $170...

Alright thanks a lot, Im going to start looking into them right now. Yeah that does pretty much make a demo account obsolete. Thanks for the reply.

Small Broker Accounts.

Does anyone know if the daylight savings thing is going to have an effect on longer term trading? Ive been thinking about it but i dont see exactly how it would, other than maybe because of production rundowns.

Cable Update (GBPUSD)

Time and experimenting. You wont find it overnight. the process gets rough but if you learn everything you can, youll find something that works for you and succeed with it.

for Those who found success in forex>>

Your morbid. haha

Cable Update (GBPUSD)

haha I said the very same thing. After the two biggies tomorrow I think the market will cool down a bit.

Cable Update (GBPUSD)

The thing with automated systems is this. They tend to work good in one type of market, ranging or trending. When the market switches up on you, they tend to lose their 'lust' if you will. In other words, they can't be right all the time. When their ...

do automated trading systems work or...

One would think, but there have been times when the news turns out against the dollar but still pushes the pound lower and that is one question that i dont have an answer to. In most cases however, yeah the news, if it turns out dollar negative, ...

Cable Update (GBPUSD)

Wow, i lost it when i read that haha That was great.

Cable Update (GBPUSD)

If your looking at the 4 hour charts right now, the pound is giving off a weak long signal. With that I'm thinking that the market will move a little higher before a short term sell off. What do you think?

Cable Update (GBPUSD)

Alright thanks a lot. I didnt think of the news, which is a bad idea. I was just going on technicals.

Cable Update (GBPUSD)

Looking at my daily charts, it looks like there is going to be a downside tomorrow if the pound stays close to where tis at right now ( which i think it will). Its made its bounce off the top of the down trendline and now i think it will end up ...

Cable Update (GBPUSD)

great! thanks jimbil.

Honest answers please! Are you successful trading on Forex or not?

The 4 hour bar just closed and its still spelling indecisiveness. Still out till next 4 hour or daily comes out. Good luck today everybody.

Cable Update (GBPUSD)

Hi Jimbil, who is your current broker? A one pip spread is amazing. Are there any drawbacks with your broker? Thanks for a reply.

Honest answers please! Are you successful trading on Forex or not?

Hi everybody, im new to this thread but i just wanted to forewarn you all that we are currently in an uptrend for usdjpy and it only seems to be in wave 4. That means that there be jsut a limited drop instead of the drop that you are hoping for. ...

4 Hour Strategy (MACD)

that results in two words...heart attack.

Cable Update (GBPUSD)

Ok try it out. Look for pin bars (dojis) on daily charts. Trade them when they are in reason to be traded.

Honest answers please! Are you successful trading on Forex or not?