Excellent quote! Thanks for posting.

Giving Up

Take a break, it clears the cobwebs. Personally, if I have two consecutive losses in one day, I call it day. Two consecutive losing days in a week, I take the rest of the week off. Have not had to think past that. Yet.... lol

Giving Up

Not NSW!!! No, I second you on that. I'm fellow QLD'er myself, it's absolutely beautiful up here (I'm just out the back of Caloundra on acreage in the hinterland). Wonderful place to live, Fraser coast is majestic and I spend a lot of time up there ...

Best place in the world to trade from?

Sure, to be expected.

NFA - "No more Limit or Stop Loss orders"

Baloney, any broker who does this will go out of business by the end of the day it's implemented. It just means you have to set separate orders for stop and take profit levels (3 orders instead of one). Stocks/CFD's have been like this for as long ...

NFA - "No more Limit or Stop Loss orders"

I am not a US citizen, but... — Does anyone know what the tax consequences are if a U.S. citizen opens up a U.K. FX account? None, you just pay tax on your income as per normal. Would I have to pay U.K. taxes, or file any U.K. tax forms? No, ...

NFA - "No more Limit or Stop Loss orders"

Pure gold: url

Where to find daily Support/Resistance

Excellent work Chief. Very nicely written docs too.

Trade Using VSA (Volume Spread Analysis)

No you did well Tom, BE is better than -'ve pips any day. Weakness (background) + the up thrust = get out asap. Or you can trail your stops like tonirai mentioned. I prefer myself to use VSA as an exit. Especially when trading against the trend. Not ...

Trade Using VSA (Volume Spread Analysis)

Very nice entry Tom, I took that trade myself. Chart shows how I managed it. I took 35 pips in the end.

Trade Using VSA (Volume Spread Analysis)

Hi people. I am a long time reader of the factory, first time poster. Shamus, may many good fortunes come your way. You Sir are truly a genuine person, which is hard to find these days. I cannot thank you enough for opening my eyes to the world of ...

Trade Using VSA (Volume Spread Analysis)