Ranges and trends are all subjective and in my opinion fairly useless. By the time you recognize what's going on you're the sucker.....why do you think mom and pop buy after a stock market rally or sell after it's fallen 50%?

The best scientifically-proven way to trade range markets?

It depends entirely on how you choose to exit...I have targets but there are occasions when fundies are bad and you see a strong move against you that it's a good idea to exit. Determining which events are most likely to change market direction ...

Hard Way, Easy Way

Psychology is the final step in profitable trading, not the first step....i.e, letting profits run to your target once you've mastered good entries. Lots of people don't want to admit that their holy grail system is just a bunch of crap and that ...

Hard Way, Easy Way

What makes you say that? People wander this desert for years and never get anywhere. Creating a frankensystem isn't the answer, understanding the market and what drives is is. Some people get lucky creating a system and a few of those quit before ...

At What Point Do You Give Up On Forex

Did you watch the whole thing?

How and When to Take or Avoid Breakout Trades

I skimmed through some parts of the video, anybody who wastes a full hour of their life on it deserves to never get it back.

How and When to Take or Avoid Breakout Trades

Everybody wants to be "the best" in this game. But let me tell you a few things.... The best is a lofty fantasy that you'll never reach. To be the best here you need to be born into status and have connections - it's just the way things are. What ...

To be the best

Shoot me a PM mate. I trade profitably but I'm interested in hearing what you have to say.

Here's the answer to "Can I make a living from forex"

MapleLeaf, I actually enjoy your posts in a perverted sort of manner. But please don't trash Hanover, he's a rather intelligent person whom I respect and truly deserves the benefit of your doubt here. He has nothing to hide and no agenda to push. In ...

Here's the answer to "Can I make a living from forex"

The market isn't unpredictable, but certainty is something you won't find.

Do you use stoploss?

If you switch between timeframes it updates too.

Supply and demand in a nutshell by Alfonso Moreno

As you noted none of those are original or valid. Something to keep in mind, though, is the EURCHF line in the sand set by the SNB. I doubt price will ever get to the next fresh demand below.

Supply and demand in a nutshell by Alfonso Moreno

I didn't say don't take a risk, but some people need to re-evaluate where they're at after years of failure. There's a point in time where you need to execute a real-life stoploss and move onto something else.

Do You Have A Winning Mentality?

An interesting concept that might help you focus more on price action and the raw data instead of indicators. Keep in mind though that this career wasn't any easier back in the day than it is now...

Going Old School

There are also many who've spent years and thousands of their retirement funds pursuing this and they're still trying to find the MA cross holy grail. Time for them to face the music and quit.

Do You Have A Winning Mentality?

I know this is a newb post but that simple statement is actually pretty true. Most of the big reversals in market movement on larger time frames are fundamental based (FOMC the other day for example)...and you see big engulfing bars kicking them ...

Hard Way, Easy Way

I feel sorry for him to a degree.

Here's the answer to "Can I make a living from forex"

Look, I'm all about positive thinking - it's great stuff. But I see this from time to time and a positive outlook isn't going to make anybody profitable. You need a strategy that works long term and provides low risk high reward opportunities, which ...

Do You Have A Winning Mentality?

You'll never be the shark. The few privileged here are only the pilot fish who swim in the wake.

Do You Have A Winning Mentality?