1.8 - 2.5ish..who the hell charges 8 pips spread??

EUR/AUD

Second this. While what I use isn't actually on the site, it's a great starting point for newbies and will give you a good introduction.

EURUSD

Most profitable week in months.

EURUSD

Unfortunately it's not a crime to be stupid on ForexFactory...Twee might look down on you testing that.

EURUSD

The problem with a lot of traders trying to go automated is they don't even know how to trade manually in a profitable way lol. Fair enough.

EURUSD

If it works for you keep doing it, but I haven't been a fan of indicators for a long time. I just think anything an indicator is telling you can be read from the candles directly and sooner with enough practice.

EURUSD

The problem with "oversold" and "overbought" terminology is that it's totally relative and up to the individual person. A market can be in either state for extended periods of time, well past any risk tolerance...so what exactly is the value of ...

EURUSD

lol. Yeah, random rally against and through billions of dollars major fundamental news impulse. Makes perfect sense mate.

EURUSD

Just keep in mind fundamental moves like this with billions of dollars in capital injected move the market for weeks to come. They're definitely momentum builders; very very rarely does price come back past the origin of a move like that unless it's ...

My Ten Thousand Dollar Challenge

Here's an example, hopefully it illustrates the power of this concept better. This is a trade I took earlier in the week; as you see price almost came back to my entry but I held with the chance that this scenario would play out. You lose quite a ...

My Ten Thousand Dollar Challenge

A better suggestion for news days - if you're in position, why let it go? Pull to break-even and see if the market gives you a major boost. You risk losing any profit you've made but on the same token when you're right it pays you incredibly well to ...

My Ten Thousand Dollar Challenge

Probably. But a novice gap usually heralds some sideways action or the beginning of a retrace. Sometimes painful to watch...then again, we have some more big fundy news coming out this week that might prevent that depending on what it is. The week ...

EURUSD

Once you have an edge it's no longer gambling. Slots, roulette, those are genuine gambling games for the customer. 1) By corollary, you say the house is either losing money or going break-even for a game they host. Really? Any game actually played ...

How long was your longest Losing streak?

Gambling has no edge for the gambler; in fact the expectancy is negative in any casino. In trading you can have an edge but finding it takes a long time. If you don't think finding that edge is possible, then quit now because you're wasting time and ...

How long was your longest Losing streak?

I've had losing streaks in the 10's....but let me say also that a good chunk of these would have been winners if profit had been taken at 1x risk. I just like to hold for runners as these account for the majority of my profit. Lots of losers, few ...

How long was your longest Losing streak?

People who are good at trading will never charge money to "teach" others. 20x my risk. video

EURUSD

After the massive intervention they launched I can see them doing something like this...although I wasn't aware of the actual interest rate being negative. Wow! Thanks for the explanation on LIBOR, I really appreciate it!!

FXCM Discussion

EWT is a retrospective system that looks great in hindsight but is impossible to use with any edge in the future. I can use candlesticks to tell the past... That said, I expect EU to do a retrace of some of its move from the earlier London session ...

EURUSD

My last semester consists of field work so no not technically lol. I always use a stoploss with very tight entries.

EURUSD