Link to trading interview — www.mercenarytrader.com

Foris fx trend trading system

Hedge Fund incubator program — I am leaning 90% towards moving forward with this opportunity. Once this happens I will be required to stop the system sales at the website. I will maintain the trading signal service and continue to write ...

Foris fx trend trading system

Update — Currently full with students (www.citadelcapitalonline.com), but I am offering subscription services (trading signals) until November when I should have enough time to pick up some more traders to mentor. I will also be doing an ...

Foris fx trend trading system

Update — Sorry I have not followed up everyone..........I have an opportunity to enter a hedge fund incubator program (trader injects capital - 10% / capital company leverages and injects their capital - 90%), which if all goes well could lead ...

Foris fx trend trading system

Drawdown — I believe the longer/more you trade (at least in my case), the emphasis goes further away from looking for magic indicators, hyped winning percentage methods (that lose money) and more on how can I lose the least amount while still ...

Foris fx trend trading system

Enhancing the exit strategy — I am going to attach a chart of a current trade I am in and mark the relevant areas. My purpose in this chart is not as a recommendation to trade or trading advice - it is for illustration/educational purposes ...

Foris fx trend trading system

Improving an Existing System — Ok fellow traders, I mentioned I would go into some more detail about taking a basic system and the process I used to improve it. As I stated before, basic trend following does work but has some disadvantages ...

Foris fx trend trading system

True Understanding of Long-term Trend Trading — What is long-term trend trading? While most of you understand long-term trend trading, I wanted to go into more detail and approach it from a few different angles. I also would like to go into ...

Foris fx trend trading system

To start things off — Just a few items for clarification: Return It is only fair that I include a snapshot of the return I mentioned, so I have included that. The dates were not hand picked....these were the starting dates for the plan and the ...

Foris fx trend trading system

Nah........I just think once you land a few big trades they are addictive! It takes a lot of patience but it pays off. Nathan

james16 Chart Thread

Gbp/Usd — No real price action yet, but I like the area this pair is approaching (1.5300) for a second test of prior resistance. If P/A supports a move down I like the idea of jumping back on the overall downtrend on this one. Again, nothing ...

james16 Chart Thread

Great Job NOS!! Nathan

james16 Chart Thread

I agree with many of your points. I also found it interesting that Soros doubled down his investement in Gold. Not saying he determines the trend (and he himself has admitted that Gold could be or is a bubble market), but when you have underlying ...

james16 Chart Thread

Amen (from the dog pound)! I am in the same situation (except xau/usd). The big test will be at 1140 - does it break through or get rejected at that level (assuming it gets there). Nathan

james16 Chart Thread

I believe he is drawing the fib from the high on 2/19/2010 of 1.0897 and the low of 3/3/2010 of 1.0648 area. It pretty much lines up exactly with the fib he has marked on his chart. Nathan

james16 Chart Thread

Well it hasn't closed as a pin yet, but if it does you simply adjust your position size so you don't lose more than 1% or whatever your threshold risk parameter is. Your stop loss shouldn't decide if you take the trade or not but how much you buy or ...

james16 Chart Thread

and naturally we print a HUGE BUOB minutes after my post............

james16 Chart Thread

I can't recommend this book enough........it is one of the few books I really enjoyed about trading.

james16 Chart Thread

Xau/Usd - Gold — Because I am posting it almost guarantees the opposite will happen, but I have observed similar price action many times in the past on stocks, commodoties and Forex pairs. If it worked 100% I would be in Maui taking a nap ...

james16 Chart Thread