Most of my trading is done on the EUR/USD. My profile says GBP/USD is my favorite. This changes from time to time. The main reason for trading the Euro is because it is really the easiest pair to trade even with all the politics that go on with with ...

Against Conventional Wisdom

I will send you an email from off your profile page. Be patient.

Against Conventional Wisdom

Support and Resistance — Support and Resistance Support and resistance can be any of numerous things. From a simple High and Low from yesterday's Daily to Fibo to Supply and Demand (just admit it, S/D is just another way of looking at S/R) to ...

Against Conventional Wisdom

Thanks. Always appreciated.

Against Conventional Wisdom

An Intro to S/R — An Intro to S/R Before I get into support and resistance, I want to point out something that happened when the Daily came in on Wednesday the 19th. The point marked here as (1) was telling us the Daily chart was going into ...

Against Conventional Wisdom

Price Action — Price Action Price Action is an Illusion. Just because price starts to move to or through a certain area does not in and of itself make that a legitimate move. Included in PA is candlesticks. It seems one of the two current ...

Against Conventional Wisdom

A Small Disclaimer — A Small Disclaimer Before I continue with any of my rants Against Conventional Wisdom, I just want to make a brief statement. If you have found a way to make these methods work - good. I am not saying they don't work for ...

Against Conventional Wisdom

In the Moment — OK. Now that you've seen a few chart snippets your probably saying there is not much here to go by. From the conventional way most traders look at charts I would say you are correct. What you see, though, is basically how I ...

Against Conventional Wisdom

Trade (part 3) — My one trade Friday 21 Sept 2012 (part 3) I'm looking for an initial TP of 40 pips. But I'm not against more if the market wants to give it to me. Not much happened for about an hour. Again, was I worried? No! I ad BE set and ...

Against Conventional Wisdom

My one trade Friday 21 Sept 2012 (part 2) The M30 Simple Trend says up. Price is moving down. I want to make my entry on a hit to support if possible. On the H1 I identified the support I would like to see hit and it gave me that hit. (1) If price ...

Against Conventional Wisdom

My one trade Friday 21 Sept 2012 (part 1) I better take a break from my rants and give you a taste of this system. (Don't worry there are many more rants to come) As I've mentioned, you only need to make 40 pips a day. If you can get more that's a ...

Against Conventional Wisdom

The System (part 2) — The system (part 2) Being short term this system uses 30 Minute, 1 Hour, and 2 Hour charts for trade entry. It also uses Daily, Weekly, and Monthly charts. You could trade this system without ever referencing the longer ...

Against Conventional Wisdom

The system (part 1) — A little bit about the system. (part 1) As I mentioned, this is a technical system. Most trades are of the duration of an hour or two (occasionally a bit longer). The reason for this is due to the fact that with proper ...

Against Conventional Wisdom

Not even going to waste my time destroying your very lame reasons. Just want to hit on one. TAXES! You could tax everyone who makes over $250,000/yr @ 100% and not even come close to closing the deficit let alone touch the debt. These points of ...

How did 'rich' economies get so in debt?

I find the wording you use interesting. You have been "forced" to stop trading spot and trade futures. Hmm.... Did someone in a ninja suit break into your place and threaten you with bodily harm if you didn't stat trading futures???

Why do you choose forex?