Take it from a moving average line trend reader it is an effective way to determine the trend. THe key to this is when it is choppy that is a trend too. But One I refuse to trade. Simple enough I don't have to be in the market to be trading ...

"Trend" , how do you actually trace the current trend ?

Here (Forex Factory) is a good place. Babypips as well There are other places the thing you are going to find is there are a lot that are not experts here and there too. It is like sifting sand my friend. Good Luck

Forex Chat

It could but there are always layoffs and other life events happening everyday. I would not put money down just on a news announcement from one market segment solely. There are plenty of strategies to utilize and trade with too. Good Luck

General Motor's Influence

It wouldn't hurt but you are limiting the potential number of times and pairs you can trade in a short term position. This would be an ultra conservative trade style and there is nothing wrong with that.

Avoiding negative swaps

I gauge my S/L based on what the currency pair is and Were the support and resistance levels are in the market at that time. It could be 70 pips one time 30 pips another or even 10 pips from time to time. But it is always based on the above ...

What do you think the best Stop Loss is for daily trading? I say...

You can if you want to. I would be curious to see if it make a difference or not. But is the currency market we are doing th spot market which is trading the exchange rate anyway. Not sure if this answers your question or not I did find it ...

account/ currency advice please?

The Wall Street Journal

Trading Strategy

The secret is that no one knows it is all speculative, educated guessing (professional) just like weathermen Some times your right sometimes your wrong sometimes your right just a day late. heheh...

Trends: Is this true?

I see your point. I would venture to say that "Big Money" is measured in the larger time frames the week day 4 hour charts the rest of us contribute more to the smaller time frames the 1 hr to the 1 min. Just a thought no facts or proof to back it. ...

If you have an opinion, then VOICE IT! SUP/RES

Take a look at the thread EA Beginner Help, post #4. This explains my concern towards using EA\'s. With that said do you have plan of attack when the way the EA is written no longer works with the current market conditions?

How do you determine when a strategy is valid and profitable?

Yes only if everyone competing are using the same rules and strategies. As well as experience levels are matched us as well. Prizes are good too.

Do you Like Real Account Competition?

One would hope that a rule could be bent to accommodate all trading styles. Mathematically I was able to create scenarios that kept me within the 2% risk level. But it was relative and was having to adjust where I put a SL most of the time. Too ...

How much do scalpers risk per trade?

I would dare say that the only trades that are going to move the markets are going to come from banks. We are a flea on a dogs back along for the ride. We are looking at accounts that have the ability to have millions tied up at once and not even ...

how big do i have to trade to move the market?

Limit orders and stop losses are the way I do it. When I have other places I need to be. I have done it while working a full time job. And have done it when I have traveled or vacationed. Also I have learned that there are more trades to take ...

The secret for trading

use simple I do not think in really matters all that much I have tested my indicators with both simple and exponential and the was really no difference in my success rate on trades.

Simple vs exponential MAs?

Well, I would like to tell you that this has never happened to me but i would be lying. I over came it when th pain of recovering from this pattern became greater than taking a small loss on that trade that I would panic on. Risk management is the ...

Giving It All Back.

It looks like ot me wihtout seeing the actuall chart you traded that you took a nice chuck out of the middle you should be congradulating your self on two successful trades. I use to feel that way and sometime still do where I get worked up about ...

Addicted to the trade

I would suggest that no more than 5% is best and for sure no more than 10% for a draw down. It is easier to recover from a 10% draw down than it is a 25%. You can make up the 10% in a couple of good trades. But you have to over come some emotional ...

Best way to reduce DrawDown

A good basic understanding of the market can be found on babypips.com or get the book Forex For Dummies.

Technicals for forex

The only thing I care about is that is does open so I can trade it.

Market Opening Times