True, price is the ultimate indicator of direction. Thus in that case you also take into account support/resistance and trendlines because they are products of price action. However, indicators are mathematical equations that take into account price ...

100 Trades Analysis

man, kind of disturbing what people say in here....i guess you guys love star wars

SRDC Episode II

The Search for the Holy 'Edge' What would those long time traders tell you if you ask them about the holy grail system? They will most likely say, 'the success lies in the trader himself' In my opinion, that's true to certain extent, but let's ...

100 Trades Analysis

trading on shorter timeframes gives you ulcer..for your health's sake..trade the daily

Shorter or Longer Time Frames 4 Success?

Well here are the results. However, it is actually 19 trades (not 20). I guess I miscalculate and it should've included trade #41. But oh well, we'll fix it next time. Trades #21-40 <TABLE style="WIDTH: 144pt; BORDER-COLLAPSE: collapse" ...

100 Trades Analysis

Dang, my GBPJPY just closed right away there Trade #40 GBPJPY Stopped @ 226.10 Net pips: 216 pips R: 1.87 Alright! I finished the next 20 trades, i'll post results of these in a few...gotta eat dinner

100 Trades Analysis

Yes, I have to admit, I have not designed a way for me to take a certain number of trades yet. When I did my first 20 trades, I realized how many open positions I had. Even when they are winning positions, I still risk margin calls since Oanda ...

100 Trades Analysis

Trade #35 EUROAUD Stopped @ 1.6822 Net pips: 112 pips R: 1.62

100 Trades Analysis

Updates of S/L's on open trades. I got this just in time.. image

100 Trades Analysis

Let me correct you a little bit. When I say I will trade of the weekly, I meant I am only looking into the weekly direction. But,I will enter the trade on the daily. The weekly is my setup and daily is my trigger... however, let me be the first noob ...

100 Trades Analysis

i trade forex cause i want to retire by 30...

Why do I trade Forex

forex should be treated like any other job, if you're working over time...you're doing too much.

100 Trades Analysis

sometimes i'm just amazed at how hardworking some people are on ff at creating detailed posts/pdfs/etc...Good job twinchell..very informative

Determining Risk

Well I checked my trades online at work and I know the EUROAUD got stopped out. But GBPJPY is riding on! Would be nice if that trade was a 2% risk. I actually have decided on a weekly filter that I will use next week. I think that if I take daily ...

100 Trades Analysis

This is my analogy, sort of an extension to my analogy of forex to a moving car. Stop loss is like the seatbelt you wear in the moving car. Sure, the probability, of getting into car crash is relatively low (otherwise everybody would get into a car ...

Movements of Forex, and using a stop loss

thanks bemac. I thought it should be about the same as well..just makin sure..thanks

newbie in search for direction

i'm sure this question has been asked before but, isn't the japanese candlestick formations similar to the pin bar formations? they convey the exact same information, except I feel that candlestick is more visually nice... which means you can follow ...

james16 Chart Thread

i still say trading with 1 cent/pip on a LIVE account is more useful than trading $50,000 demo account. In my opinion, like merlin said, use demo ONLY to get familiar with the trading platform and forex basics. For everything else...there's live ...

A challenge to those who say Demos suck.