HAHAHA. oh shit. that is a funny one! i'm sure the guy on the other side is laughing along with his buddies while chatting with you..bastards

how good is interbankfx

Blowing your account is blowing your account. Whether it's $500 or $5000. Not everybody that comes into the forex world are on the same economic level. A dollar is valuable to one person but maybe chump change to some. I mean, we did a poll on here ...

blew out another account...Just venting...

how do mechanical systems allow for discreationary decisions? I thought a mechanical system is a system that has clear rules of set-up, entry, s/l, and exits. If a mechanical system presents a trade, it's a yes or no on the trader to take it or not. ...

Think Outside the Box

mechanical systems are great in that it leaves out emotions when you trade. It's straight forward and its 'set it and forget it' concept is very appealing to new traders. But mechanical systems leave out human observation. Because the financial ...

Think Outside the Box

you're a brave guy to use 401k for forex trading.

Using a 401K/retirement to fund a forex account

Trade #88 USDJPY Stopped @ 121.00 Net pips: -67 pips R: -1.00 yiiikes...new trades. I see on the daily that GBPUSD and USDJPY rejected a resistance. We'll see how this rejection plays out image Trade #89 GBPUSD risk: 2% Trade #90 USDJPY risk: 2%

100 Trades Analysis

then brokers need to implement a rule to NOT carry out limit orders when it is not at that exact price the client had put in. then people would be grateful that their orders weren't executed

Is this a common broker procedure??? (news slippage)

May God protect and cure you Akuma

A Trading Experiment

Just open an mini account with someone like Oanda. Using a fixed risk of 2% per trade would help you protect against series of losses. Trust me I know!

blew out another account...Just venting...

My USDJPY trade still intact. Seems like the bears did try to stir something but couldn't hold out. I will close this trade if I see a strong rejection near 121.85-121.90 I actually stayed home from work today cause of fever. So I watched the chart ...

100 Trades Analysis

i read on investopedia that histogram is the derivative of the signal and macd line. So it's extra laggy. Even if you choose shorter time periods, the fact still stands that it's value is determined by the sums of values of the price action. With ...

Need a faster MACD because...

One of the new things that I'm trying to implement is looking into the behavior of the price action once I enter in a position. I'm no longer going to move my s/l everyday to capture profits like before. Now I will focus on the action of the candles ...

100 Trades Analysis

New trade image Trade #88 USDJPY percent risk: 2% let's get it oooon

100 Trades Analysis

i am not a good trader by any means. But ever since the BEGINNING, i have always stuck to one rule which is the 2% RULE. Even when there were times I had open some random trades out of greed to make more pips, I still never had more than 2% risked. ...

Success In Forex Have You Achieved It.

i'm 23 and i started forex 6 months ago...and i havent blown my account yet! successssss

Success In Forex Have You Achieved It.

wait i was supposed to send you something? i did sign up and it says something about waiting for confirmation ..i guess i'm waiting for you... i'm not sure how well i will fare in this competition. Since i'm using daily chart ad i'm trading long ...

Challenge - Oanda contest

i am starting to use support/resistance indicator which is basically an extension to the fractal indicator. First I look into the monthly timeframe and look where the current month candle is at. Then draw horizontal lines at all s/r dots that will ...

Momentum Factor

I have prepared several rules that I will trade in the next week to finish off this thread and the rest of my trading endeavor. The rules pretty much stem from my trading experience in the past that I find suitable for me. 1. I will only trade ...

100 Trades Analysis