Wow what an excellent risk management strategy. It's really great to hear an advanced trader saying about not getting emotional, hopefully with some discipline and practice I don't get emotional and listen to my gut instinct. I don't usually listen ...

Help for Newbies (Discussion Thread)

I was looking for that Head and Shoulders patter and I must admit it seems to be reliable, the most reliable when it comes to trend reversal patterns. However, since I don't do indicators I'll continue to keep an eye on the calendar and also ...

how do YOU trade the 5min eurusd?

Apperently he is into price action strategy, which is good to me. I happen to be using all kinds of indicators trying to find a good strategy, however I have received a few advices from some non-indicator users. I've come to the idea of learning ...

Help for Newbies (Discussion Thread)

I don't agree with you, not trading is not the answer, even less for volatile markets. The strategy for me in this chaos scenario would be a non use of indicators, because they aren't that accurate with the trend acting like that, so you better ...

how do YOU trade the 5min eurusd?

Well, you should probably recommend to your rich friend to take a look on some good sites that explain the way Forex work on simple terms, as someone above recommended there are a few good ones like babypips, tradeviewforex. There you will also find ...

Anatomy of a forex broker?

Exactly, having more indicators won’t ensure you a good trade, I believe more than 3 indicators will make your chart look like a sailing map in Italy. So the more indicators you have, more factors will need to be analyzed, so just determine what are ...

how do YOU trade the 5min eurusd?

Within the mundane requirements (besides verifying the broker you chose is registered with any regulatory entity), we have the accounts and the amount of money you will be able to start with. The minimum account would be the micro account, 1.000 USD ...

Anatomy of a forex broker?

Thanks Kat, I have certainly developed a strategy by combining 2 or 3 indicators, some of them to check the trend, and some other to calculate my S/L and T/P. I am actually looking to program an EA with the strategy I have been using. It has shown ...

how do YOU trade the 5min eurusd?

You are right, even when scalping or when trading on low TF you shoud apply fundamental analysis, however I wouldn’t say it would give you a better forecast than an indicator, even less when it comes to scalping. Remember these days are full of ...

how do YOU trade the 5min eurusd?

I believe everyone who comes to Forex looking for a winning strategy is aware about the risk of losing. There is no point on comparing a lyric with someone who is determining his /her trading style; I don’t think all Forex traders have a gift for ...

how do YOU trade the 5min eurusd?

Probably the thing is about trading strategies, not all of them work for others, I mean I could have developed a pretty good strategy, however it’s probably not going to fit on everybody’s style. When you develop your strategy you are using your own ...

how do YOU trade the 5min eurusd?

I've heard FXDD is not registered on the NFA or CTFA. Just a rumor, so you better verify it, personally I rather to check it out before going with any broker.

Three brokers diffrent spike who's lying?