haha I've been short since about 10am this morning (London time). My little account doesn't move the market - and I'm not even in profit on it yet! It still may go long - but it looks heavy. Higher volumes pushing it down.

14 Year Old Forex Trader's Lessons

I'm on the other side of your trade

14 Year Old Forex Trader's Lessons

On my Alpari I only have about 20 FX pairs. I do not think it is enough. Since we are looking for 100 pip moves as a minimum, we don't need to worry about the spread so much. Actually the best trends I have seen in the last couple of years have been ...

Trading: As simple as possible, but no simpler - by a real Cityboy

Also, Check out the website I've built - Link in sig. Basically I want to put something up where I can start publishing some real market reports with trading ideas. Not a signal service as such, but something like dailyfx where they talk about what ...

Trading: As simple as possible, but no simpler - by a real Cityboy

Goodevening all, I put together another quick update. Summary: - Made 0.5% on Friday with USDCAD. Looking to ride it through this week - USDJPY back to square -1.... - Time to look at long term EUR long positions? Cheers all, LD video

Trading: As simple as possible, but no simpler - by a real Cityboy

Haha excuse my horrible paint drawings - I agree, a professional equity curve should be more consistent - but i doubt they'd be upset with volatility to the upside! It's more to do with being able to ride a position much longer once it starts moving ...

Trading: As simple as possible, but no simpler - by a real Cityboy

And there it is.....

14 Year Old Forex Trader's Lessons

I agree with FXAssassin on that one. It is pretty much useless to look at someone's entries and exits to get an idea of what they are doing. The most important point is that you dont know what timeframe they base their analysis on. For example, on ...

Is August the most difficult trading month?

New video update — Evening all, I just published a new video update. Not too much in the way of trading in this one. Just a bit of market commentry. I like the AUDUSD short. The EURUSD is at a really interesting point atm - looking to get ...

Trading: As simple as possible, but no simpler - by a real Cityboy

You know that's how I roll

14 Year Old Forex Trader's Lessons

I'm waiting for a move upwards on AUDUSD although I'm not looking to trade long at this point. Fundamentals and seasonal pressure weighing on this one heavy. I would like to see a bounce from 1.2xxx > then depending on the strength of the rally, I ...

14 Year Old Forex Trader's Lessons

aha sorry, i keep forgetting to put the song names in them. I think that one is 'Higher than High' by 'At dawn we rage'. Ah I've got an awesome tune for you - I dont think it's been in a video yet, but I'm enjoying it atm. video Anyhow - on the ...

Trading: As simple as possible, but no simpler - by a real Cityboy

Also, in my video from last weekend where I said I want to see a small high test bar on this week's Euro/USD - Look what we have. Who says we cant predict price? If you are following the long term trends - it is easy. If we hold this level for ...

Trading: As simple as possible, but no simpler - by a real Cityboy

I've put a sell order on at 0.78991. We are in it together now! Now I remember it was this week last year when the non farm payroll printed a zero. I was at JP Morgan that day getting pitched the Natural Resources fund. I stopped by at a bar to meet ...

Trading: As simple as possible, but no simpler - by a real Cityboy

Check out what MIG say about the EURGBP. They also agree this is a make or break point. url They have their stop exactly where you've put yours. Looking at the chart now - we are putting in a high test already. I think this is going to trigger. I ...

Trading: As simple as possible, but no simpler - by a real Cityboy

Hey dude, Yes I think it is a nice trade. Something I like to do in this type of setup is to start out with half my usual position size - because the immediate trend is up. From about Aug 15th the Euro is on it's way up and put in a higher low. ...

Trading: As simple as possible, but no simpler - by a real Cityboy

Exactly, you said it yourself - it's not the brokers. It's people with the ability to move the markets. IG Index, ETX, City Index, Alpari, FXCM - all the main brokers in the UK can't move the market. Even if they had the capacity, they would not be ...

Are you a consistently profitable trader?

Brokers don't hunt stops. Don't even go there. If anyone believes otherwise, they either 1. Don't understand how the market works - or 2. Do not take enough ownership for their trading

Are you a consistently profitable trader?

Well spotted! Yes that is the weekly. My bad. Same question applies though. Having to use my 2nd broker with the horrible charts because I dont have EURNZD on my Alpari MT4. Yeah I like that setup on the AUD USD alot. I've had a big discussion with ...

Trading: As simple as possible, but no simpler - by a real Cityboy

QUIZ TIME — Ah glad that helped. Okay so I've been looking at the markets this evening and it's looking ever more that we have a change in underlying trends. Look at the AUDUSD. I don't have a chart to post of it atm - but we could be in a new ...

Trading: As simple as possible, but no simpler - by a real Cityboy