Sure there's such a thing as a false breakout. If it doesn't breakout, where does it go? Of course - it returns back to the CZ zone before TP is hit - aka, a false breakout.

Extracted Thread (per thread starter's request)

You shouldn't assume that - people move on for various reasons - could be health (he's 67), other interests, etc. If so many traders lose, then maybe you should quit...

Help for Newbies (Discussion Thread)

Joe Bonamassa — Joe Bonamassa w/Eric Clapton... video

What kind of music you hear while you trade?

Sangmane

Who are the best programmers in ForexFactory?

Let's say during a short trend on e/u there were 1000 pips before next long trend began, and there were 5 pullbacks and you were able to enter an additional lot short at each pullback. Why would there be money management issue if you added additonal ...

4H Crossover (Swing Trading)

Where did you get the money management concept of "no more than 3 adds including original trade" from?

4H Crossover (Swing Trading)

I just noticed a recent post I submitted, number six hundred and ten, has been relegated to the recycle bin. It was said it was because it was political, since it was flamed by who some wrote is a liberal. The article didn't side on democrat, ...

Thoughts on 50:1 Leverage

Return of high leverage? — Article in WSJ today: "Rep. Spencer Bachus, an Alabama Republican who will be one of the contenders to take over the House Financial Services Committee next year said Wednesday he wants to rewrite "job-killing ...

Thoughts on 50:1 Leverage

I've read so many times comments similar to yours that entries are easy, exits are difficult, but at the same time there are some threads where the poster makes statements like "95% of traders are on wrong side of trade", and as such, for some ...

Entrys are easy - still stuggling on the exit

I did most of these steps and worked great: url

Web platform hogging my PC memory

Got it - had to rename .txt file to .hst file

Help need with importing history file

Unless you have filter for whipsaws, you will eventually blow your account using 5m with only EMA crossovers. Also better to use higher time frames to get your 10p, as the higher the time frame, the less whipsaws there are.

3,6,9 EMA system

Solution I think may work: Go to history center and click on pair/timeframe for chart you want to adjust and delete history for the days you don't want to see. Will either have to go back and re-load history after you're done or copy the files to ...

Historical charts in MT4?

Why not just trade the higher time frame?

multiple time frames

Kind of like in Vegas where you get the coupons for some free gambling, but in the end you realize it was a way just to sucker you in.

Taking advantage of the welcome bonus

Maybe they will or maybe they won't, but why risk it if you value your job? However, if you decide to do so, one way they could find out is if you tell someone about it and you get reported. Why not just disclose it?

having your account and disclosure to employer

I read that they use FATL, SATL indicators. I can't find the article, but still looking.

front running question

Nothing to worry about according to this thread and add'l post from another thread: url url

Consequences of the Dodd-Frank Wall Street Reform for forex traders