There are traders that successfully scalp on smaller timeframes (<5 minutes or less), but ironically it requires more time due to a more "hands on" approach whereas someone trading on a larger timeframe takes a quick look at their platform and makes ...

Is there any scalping strategy which is simple AND effective?

George Soros

Name just ONE successful forex trader...

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AUD/USD

I have it as my take profit price. I missed it last approach by a couple pips. Still waiting.

EURUSD

If one wanted to get frisky they could also target 1.3140~ Maybe take partial profit at #1 and let the rest roll for #2. Note: This would increase the Reward:Risk ratio to greater than 1:1.

EURUSD

My current position... Looking for break from range & triangle to the downside.

EURUSD

Your approach to the market with this "system" is very similar to what I have been doing on my website for 1 year now. It's basically playing probabilities where support/resistance gives you the long term edge. You've even selected 1% risk and 1:1 ...

1% Trading System

Candles may be drawn differently depending on broker for charts greater than 1 hour since the server time may be different. In other words someone with Broker X might have a 4 hour candle open/close at 12:00 and someone with Broker Y might have ...

Aussie Trading Room and Cartoons Gallery

Hello and thank you DB.

Aussie Trading Room and Cartoons Gallery

No need to over-complicate things here. Look at a 4 hour chart (see attached below) and you see that price has respected the rising trendline on many occasions. That same trendline might get in the way of getting to 1.0500 prior to November 28th. ...

Aussie Trading Room and Cartoons Gallery

I would stay away from longing this pair right now...

Aussie Trading Room and Cartoons Gallery

Not even contemplating long unless price breaks descending cone to the upside.

EURUSD

Here's a chart... — image

Cesarnc's market talk, gossips, rumours & fun

There are those that say "don't put all your eggs in one basket". There are those that say "put all your eggs in one basket" I believe too much diversification is unproductive and too little is too risky. Unless you want to take the chance on high ...

Thoughts on Diversification?

I'd like to throw my hat in the ring here. Thank you.

Trading blog directory?

It's buy for me. Retrace and entry or breakout and entry. Here's what I see...

EURUSD

Yes. Thank you. Same to you.

EURUSD

Waiting for price to finish consolidating and move "outside" symmetrical triangle. Stop orders in place...

EURUSD

Well I could lie and say I have an account size of $X. How would anyone know I am being truthful or not?? Anyway, I understand why someone like yourself would be speculative. I am not trying to sell anything nor am I boasting and trying to make ...

EURUSD

That's great that you are willing to share your account size with everyone. I prefer not to disclose that information publicly on the internet. To answer your question, it is mainly a matter of not wanting others to solicit me or attempt to scheme. ...

EURUSD