I cannot remember a time when I have even remotely agreed with tdion. However, there is always a first, and I believe this is it. What he is saying is that this is a long-term, LOW LEVERAGED trade. For example, If his account is 5,000 USD - these ...

Silly Trader... When will you learn that fundamentals are the only way to trade?

While I cannot comment on the validity of this strategy, the above statement shows that you have certainly done your homework. As such, I would say this system could work. I agree with Mr. Trend, the profitable systems are almost always simple. This ...

Geico strategy---so simple a caveman can do it!

There is a point that I would like to bring up here. There ARE more barrels of oil in Colorado than Saudi Arabia. (Someone help me with this....it's a little reported "report" that the US Congress ignores every year.) Either way, who cares? If they ...

America's status in 2058

I AM a senior member, and have to agree with this post 110%. If nothing else, your stops should have been set at break even. (Although that would be worst case scenario.) Certainly, some profits should have been taken in. Live and learn. Clockwork

james16 Chart Thread

another route is to use daily charts.

whats good for late night trading??

Truthfully, I would say Soultrader summed it up pretty well! Except, thankfully, I was smart enough not to make this my sole source of income. In fact, to be honest....a year later, I care about Forex even less. It's not worth getting upset over to ...

If I knew then what I know now

This is ridiculous. Someone serious said you have to be correct 10 times before a loss to make it? My advice is this: Take what you hear on this forum with a grain of salt. Scalping is dangerous and certain not safe with GBP/JPY. Read the ...

reliable trading system for GBP/JPY scalping

Here is the most important lesson you can learn: How to make profitable demo trades first. If you can't be serious on demo, you can't do it in real life when you will have fear of loss. Please listen to me on this. DO NOT TRADE with a live account ...

Is it possible to make 2% in month with 50k

That reminds me of a t-shirt I used to see a lot. It said... "In West Virgina, everything's relative." (With a picture of two hillbillys holding hands.)

Advice Only. 1 Liners Concise.

For what it's worth, I took a long on this pair today based on a 4 hour "pinbar" that formed. I took 60 pips and got out. Normally I would hold on a bit. Why get out? Because tomorrow is a great day to stay out of the markets. NFP Fridays are the ...

No Brainer Trades

Billy Ray, I am leafing through this thread, and I like it a lot. There are far too few of these in the public side of FF. By the way - I LOVE THE NAME. Trading Places is probably the greatest movie of all time. (I use the "I gotta get the kids the ...

No Brainer Trades

What the hell is this? You mean Interbank FX isn't sweating my $10000 USD order? Man, that could be like....$1 a pip!

Brokers might use forums to know how we trade ?!

This post was at 5:05 am. (EST) The 4 hour candle that represents that time frame has a range of 162.17-161.72. The hourly has a high of 162.05. Odd, your broker must be off by about 55 pips.

Calls for free!?

Great, another angry Brit. I used to live with one from Wiltshire. (What a psych research paper he could have been.) It must have something to do with losing an empire I guess.

Advice Only. 1 Liners Concise.

Uh......does Dimitri know you are calling him Felix?

Forex Scam

Yes, IBFX released theirs as well......word for word basically.

It's official, brokers trade against you

Ian - I enjoyed the post, it really does say a lot about the "process" of becoming a profitable trader. I would say this: If someone told me how much work went into this before I started - I probably would not have started! I have to admit, I am ...

How I found what works for me

2 grand per trade? Why stop there? If you are looking for millions, aim for 5, or better yet.....10 grand, why not? I do the same thing with micro lots, it just takes a little longer!

Make minimum 2grand each trade!!!

Space Invaders was the shizzle. I have it on my phone!

my Anytimeframe but made for scalping simple yet effective supermethod

Silence is golden. — Honestly, I think the odds are stacked against us. Statistically, just the fact that you pay a spread, assuming price is a 50-50 shot at which way it goes, the odds are against you. (This is also what makes scalping so ...

Odds staked against us?