i think gbpusd is going to the north pole

GBPUSD

for a newbie, i suggest you not trade anything less than an hour. It's not good for your health...

Can anyone tell me a good indicator for 5m charts?

I suggest you read up on Mark Douglas' 'Trading in the Zone' It was very good book on trader's psychology that determines success. Not so much systeem

Your thoughts on taking "Perfect Storm" trades?

you shouldn't trade more lots just because these 'signals' are all in sync. All these systems cannot predict the future of prices. So more or less, they all are based on similar concepts of taking 'previous' data into the system. If more than one ...

Your thoughts on taking "Perfect Storm" trades?

No, i think you missed what I am trying to say. When you use the word 'expect' it makes it sound that you are 'hoping' . To me, both words are pretty much mean the same thing. And we all know how dangerous hope can be in trading. Yes, there are ways ...

question for the veteran traders

There is luck in trading. Nobody in this face of the world can predict where the price will go. How many times have price went against fundamental analysis? HOw many times have prices went against recognizable technical patterns and indicator ...

question for the veteran traders

I recently stuck to a system, combination of mouteki, bagovino and little bit of kolachi's dispersion stuff. I trade off teh daily and look at the weekly for long term direction. So far I am doing good. But nothing to explain now since it's a lot of ...

Position Trading

I agree, since this is a prediction game, making money is always luck, losing less money is a skill that we all can control. But I also am learning that staying out instead of jumping in onto missed upportunities is a successful move in of itself. I ...

question for the veteran traders

just stop trading now man. Cause you are in debt and trying to trade with money that is not your own!!?!?. I suggest you start working from 9-5 to build your wealth that way. Then after some time, when you have a bit of capital to lose, you can then ...

My Trading Diary-The Crazies Journey

Try these books and you'll get everything you need to know about forex. I don't know the exact titles but I'l just give you teh name of the authors that I have read from. Then you can search it at your library or online stores. Michael Archer Kathy ...

New to forex trading

You lost $400 in one day!?? I don't think it's the system, it's definitely your money management flaws my friend. I have lost many trades but I have kept my risk to minimum. When you say trustworthy, it kind of made me smirked a little. There is no ...

Short term trading help needed

so everytime you open a trade, do you pray that the world would be a stable place until you close that position. come on bro, one false nuke test from korea or a terror plot in europe would send the market in a haywire, and your account to dust. A ...

Priscan System

oh my god.. i was watching raghee's videos and her method is similar to mine in terms of market analysis using fib.. man..interesting

Raghee Horner and Kathy Lien method

i always take off that 2% for every position open, and work with that subtracted equity. But if you have multiple trades that are ready to open, I would rate them (1-5 for example) based on your system and which ones is the most promising to have ...

Noob question about Money Management

i actually never see it that way..interesting

Strength or weakness?

thank you very much! may the pips be with you!

how to see more pairs?

another question? have any of you guys tested mouteki on a daily chart? I started yesterday and have opened a few positions, but can't remember which ones. I think if the concept is reasonable and that higher time frame has less noise, it should ...

me myself and mouteki