For the newer trader - it's going to be a great week to demo trade.

price trend & USA election

CAD is sensitive to oil prices. However, it's also sensitive to the USD sometimes as well....just depends on what traders are "focusing" on.

Newbie eyes

Have you demoed this system first? Or did you jump all in with real money? Please demo first.....

100% Win Math Grid Ea

Who can tell? I can see everything but the price on these ridiculous charts.

JPY, AUD and EUR - spot the difference

The quick answer is that it doesn't.

How does order book scalping work?

Thank you for your money. — This thread is a perfect example of why so many fail. Here we have someone posting a very vague "system", and talking about how great it is. I am not saying this system will not work, in fact, it very well could. ...

the shadowman trading formula that works wonders!!

The "myth" of a 95% failure rate goes back to an article a few years ago. They asked the head of FXCM the following question: "How many of your customers make a profit?" His answer was something like: "I would be surprised if it was 5%". Here's a ...

95% failure rate?

Go back to demo trading, now. You were profitable in demo trading, right?

AUD/USD Pls help me get out of this hedging MESS !!!

That's not a very nice thing to say about the people on here that trade real money, not demo. And to answer the question.....look at the "random bounce and flip at 1.70 in GBP on the monthly." So this is the question....If you ask it, will it change ...

Do you believe in Support and Resistance?

Do not forget that parabolic moves like the ones we have been seeing tend to bounce really, really, high. If you look at extreme moves in the past, you see they normally bounce or drop just as fast, dues to most of the trading being knee-jerk ...

100% on GBP/JPY

If you can't find it, zoom out to the next higher time frame. Support and Resistance do exist. In fact, most people use them incorrectly, thinking they are pip-perfect. For example, if 1.30 is support, just because it breaks down to 1.2990 does not ...

Do you believe in Support and Resistance?

Fair enough. Except one minor point: Wyoming and California have the same legal structure. (I don't say laws, since there will be very minor differences.) Language, culture....kinda....the U.S. truly IS one country. With the exception of a handful ...

Does the Euro have a future?

Although I can't say the Euro will disappear right away, I really neer understood how Portugal, Italy, and Holland can all have the same currency as Germany. It makes no sense, if one just thinks. (Then again, sub-prime was a really, really bad idea ...

Does the Euro have a future?

Who cares? Truthfully, if it's too hard to grasp - stay out. I too, was away when all of this was going on. Yes, I missed out on some tasty profits I am sure. Again, who cares? As a general rule, I don't enter new positions on Friday. This doesn't ...

Insane market

Big Wave Rider is correct, it IS him.

Who Is The Best Trader Living?

As someone who pays little attention to fundamentals, I agree with this statement 110%. It is because I have found comfort in trading 4 hour and daily charts that I do not use them. However, if I were to switch to weekly or monthly with low ...

The trend is your friend Myth?

For those of you that might be wondering what a chart he uses might look like - I would say something like this..... Sorry for butting in Peter.

Help for Newbies (Discussion Thread)

Volume? And where do we find that? God, if that were available, it would make this so much easier. (New guys, the "Volume" on your charts is for YOUR BROKER ONLY. There is the currency futures markets I suppose.....but that's a different market.) ...

I have had enough :

Chicky - My fearless leader, James16 has a thread on Price Action. The short version of an answer is basically reading a chart, and what the candles/bars say about the "action of price". Normally indicators and fundamental info is secondary, if ...

I have had enough :

Yeah, I have a comment: Once I started ignoring all that non-sense, I became profitable. My streak goes back 13 months. Go figure. Simplicity works. Clockwork

james16 Chart Thread