I would be interested to meet a single megacap trader that is using any of this to really make money. Truth is that while many may use fibo projections to trade, it isn't worth jack on its own. The tens of thousands of other factors that a trader ...

Anyone using Astrology, Numerology or Divination methods for Forex?

Spot on brother.

How much worth your pip ?

Damn time change is so confusing...

Time Zone Check

Congratz! You picked the absolute worst trading day to be available. Fridays SUCK for volatility and liquidity most of the time. You should try and move your schedule to having Mondays available... If you can't do that then Pre-London open (~1am)to ...

What times of the day and week to you trade?

It fluctuates with the value of the pair, but ATM: $170/pip.

How much worth your pip ?

Thanks brother! You just made my day. All of the above plus abobtrader.

Traders Needed for New Book!

You’re getting caught out because you lack experience. Every new trader looks at an uptrend and expects it will go forever so they repeatedly buy the tops and sell the bottoms. You need to see several hundred patterns play out before you will begin ...

does this only happen to me?

I hear you Bob. With $12 trillion in yen based carry trades, something has to give eventually. My question is what do you think the catalyst will be? The 1000 pip drop following the G7 meeting earlier this year just seemed to entice more carry ...

What caused gaps in broker feed???

It was a combination of the weak Fed index (lackers region), the options cut, and the dow jones headline about central bank price checking.

What caused gaps in broker feed???

Maybe you should take your ass back to academia and have a literary professor teach you how to trade...

Breakout Strategy - The Pro's Way

It all made fine sense until the part about large price of orders. What the hell is $10k for a $1mio position? Thats not a price, its a margin requirement. And $10mio is a large order to buy and sell? Says who? Its big for a retail bucketshop, but I ...

How Brokers (Orders) Work

Lets just say I can't imagine how it could get any better.

Market Makers & ECN’s, Is the grass greener?

Neat, I forgot all about this subject. Looks like I have moved up a few steps since I voted. As a genuine step 5 trader, I can honestly say this process is spot on for accuracy. For all you ones and twos, just keep churning through the stages and ...

The 5 Steps to becoming a trader

What? I think it's time someone pulled out their Econ textbook and did some research...

Somebody understands why the market is so weird and slow today ?

Its a 2 day meeting.

Fomc ?

ODL is pretty tight. $25-75mio per pip liquidity in London and New York sessions on U/J and E/U. $5-20mio in asia. Constant 0-1pip spreads anytime (ex news which is around 5). It may be wise to talk to the reps in london even if you are somewhere ...

Market Makers & ECN’s, Is the grass greener?

I hear you brother. Indicators can be valuable for gleaning information to make decisions with, but c1ro is trying to trade an indicator as opposed to a market. I don't know where you are at in your own development, but I am pretty sure you spent a ...

15 & 30 mins indicators

No indicator is going to tell you where price is going to go. That's why you need to watch price. After you watch it for awhile you can get a feel for what it commonly does in certain situations. Even then you will never really "know" where its ...

15 & 30 mins indicators

Sister c1ro, you would be wise to abandon the search for indicators. There all a bunch of crap and are only prolonging the time it is going to take for you to become proficient. If you want to learn how to trade, take everything off your chart and ...

15 & 30 mins indicators

Your not selling the money in your account, your selling the banks GBP and buying dollars. The money in your account is only to cover the margin necessary to hold the position. Open a demo account and just sell something. It will make perfect ...

Confused about long and short