I'm shocked how 20% have voted for below 1.26.. that could only happen if there is some serious fundamental change over the next couple of weeks, we'll see! i believe we'll be in the 1.34 to 1.30 range. Next year we could head higher again... 1.40 ...

where will the EURUSD be on Jan1?

Charlie — Hi Matt, If Merlin checks he will notice its a link from an FXCM site, i assure u i wouldn't recommend anyone to trade with them... just my view!! Great post although you'll probably have to edit it out soon. Some thoughts though. If ...

daily range Strategy

Charlie — Having studied Risk Management in good depth at a graduate level, it would very much depend on the correlation Coefficient of the two systems, if it improves the RISK adjusted returns then it would be worth trading both pairs. ...

daily range Strategy

Charlie — I'm affraid i have only read the first few replies.... but u might find this interesting... GBP is held within 100% of the daily 7 period ATR 70% of the time, it is held within the 120% ATR 85% of the time.. this is something i am ...

daily range Strategy

Charlie — MACD... but i prefer certain charting tools such as fibs, pivots and TL's. Happy trading

What is your favourite indicator and why ?

Charlie — hard to say, GBP bounced at the 1.8520 levle partly because it is a major round number area.. and banks always like being active at the around the 20 area. Also it was a 1.27 extension, a weekly S2 and a monthly S1.. all of these ...

GBPUSD

Charlie — I was long GBPUSD still a few hrs ago when my trailing stop was hit for a small profit.... Next we need to see the trade figures.. .. i was bullish till the sell off this morning.. need to see where the banks wnat to take us. My plan ...

GBPUSD

Charlie — Thanks Phil, bores the darn pants off me when i here all the broker mumbo jumbo rubbish. Learn to trade rather than blame your broker, time much better spent. Happy trading

Broker Complaints …Get over it!

Charlie — another way of saying.. they didn't like it!

VantagePoint discussion thread

Charlie — Interesting u guys are having some luck with VT... another site i use SLAM BAM DUNKED it... i would in time like to give it a try.. but not at the full price! Happy trading

VantagePoint discussion thread

Charlie — I'm suprised how Mouteki has been voted top... perhaps because a whole bunch of threads have been started over the last few weeks and many people don't know the other systems. But, perhaps not!!

Vote the most profitable method

Charlie — Altin2007...... u must test your systems so u have a belief in them.. all systems have their highs and lows.. all traders have bad days, bad weeks.. BUT this is not to say that a system doesn't work and a trader can't make money.... ...

Very Scary!

Charlie — Angler, your correct in saying to keep it simple... the hidden divergence trade i was talking about VERY early this morning, was a stand alone trade and was not a Mouteki trade... i was just sharing my ideas and my possible set ups ...

Mouteki Trading

Charlie — Nipper...type hidden divergence into a search engine... it will give a more length explanation and also more examples... Hidden divergence i believe is better for FX as it allows u to enter on a retracement of the trend, while ...

Mouteki Trading

Charlie — I'm looking to go short again...... closed my long for 50 pips profit.... this could go higher... but i think 4 hr structure and hidden divergence indicate we could be short again... if not we will be back to 1.9000... after that it ...

Mouteki Trading

Charlie — I trade fulltime and i make healthy profits... FX could cover my cost of living, but i reinvest all my profits. Whether someone can afford to live off their FX profits may also depend on the size of their account and not necessarily ...

Are there any full-time traders that are living off the FOREX profits?

Charlie — I'm long today from 1.8810 after closing my short on Friday..... is this a retrace or is GBP, after getting a pounding against the EUR, looking to continue upwards? I believe there is more upside for the GBP tomorrow.... but there ...

Mouteki Trading

I have my exit at 1.8630.. i have been scaling in so i will exit all three units there. If it drops another 400.. it will be next week.. i don't like to leave positions open over the weekend and so would look for a POSSIBLE entry again on Monday. ...

GBP/USD

Charlie — uumm.... my bias has been short for the last few days... my systems tell me to be short.. and i still am.. but i've become worried the GBP might want a correction, as we're quite over sold. I guess it depends on the mass of data due ...

Mouteki Trading

Charlie — It took me a couple of years to work out that simplicity is best... when i first started trading fx.. i was paying thousands $ per year in software.. pronetanlytics, Acetrader, Nostradamus indicator, TradeStation charts and a news ...

Why are we afraid of simplicity?