You can never tell for sure. However, it might increase your chances on a lot of trades. Let me show an example today that completely kills the theory about EUR/GBP not being a guide. The below clearly shows that a check on EUR/GBP would have ...

EUR/GBP, a guide?

Most traders would disagree but I do not use anything higher then one minute lol. However, I have all MTF MA 200's on this TF. Most positions are 1/2 scalped for 4/5 pips at high order flow levels in order to cover my SL which is 6 pips at most. ...

Cable Update (GBPUSD)

Dollar index was indicating a short term move lower. EUR/GBP looked like it was going to move lower as well. Cable had some decent potential upside. Bit of an inverse H&S. Was right about DXY, unfortunately wrong on EUR/GBP. EUR made the short term ...

Cable Update (GBPUSD)

Bought cable image

Cable Update (GBPUSD)

Mooi zo.

EURUSD

Ugh TL still holding.. signals pointing bullish now =/ I'm out for today after this last trade, too many conflicting signals going on. Goodluck. image

Cable Update (GBPUSD)

Very bearish on cable atm.. Some signals are saying we could see a good down move soon.

Cable Update (GBPUSD)

Jack, thanks again for all this information you are giving. The spread apparently would not cover my TP in that case. I should have known this. Markets has a 3 pip fixed spread and that might have been the reason for their stretched bars at that ...

Pepperstone Forex

Bit suspicious my TP got missed by 0.1 pip on GU while FXCM and Markets are both showing price went a whole pip lower at that specific point. Their price spiked to .158176 which would cover my TP. Might be bad luck because this didn't occur before ...

Pepperstone Forex

Forgot to set a trailing on this position. TP got missed by 0.1 pip... Ouch! image

Cable Update (GBPUSD)

Cheers for the advice and wise quotes. I'll get there eventually. No other option. I simply will not allow it.

Cable Update (GBPUSD)

A way to avoid fear is when you KNOW you that your system is generating small consistent profits over time. I think this will trigger me to have more confidence which results in letting winners run. Its that first step that is so damm hard to ...

Cable Update (GBPUSD)

Fear.. the biggest obstacle I have yet to overcome. Fear to lose my hard earned profits generated earlier that day... Yes, I closed the damm trades atfer they were 1 pip into profit lol. Follow the damm rules next time. Sounds so simple. ...

Cable Update (GBPUSD)

I´d like to take this a step further. How do you build in elements into your system that will help you improve your patience. I noticed the longer you watch your charts the more you will see things that simply are not there. Patterns for example. ...

Patience in Forex - KEY THING

That information I did not receive from them, thanks for sharing

Pepperstone Forex

DOM tool does not seem to work at all anymore atm. One click buy/sell & spread view, same deal.... Anyone else experiencing this?

Pepperstone Forex

Thanks for your given information on this matter Romex. I used a similar strategy in the past except for different RSI values. Your described method would work. I might look into it some later tho because I changed my system a bit meanwhile. Using ...

RSI alert on candle close (not tick based!)

Found one that is working excellent! Can't believe I found one right after I made this topic.. Considering I searched all day long yesterday. Anyway, here it is. It has the function to put in MTF, the type of MA, and range in which it alerts. ...

MTF moving average (price touch or nearby) alert