Hey pipcruiser To anwser your question I'm a chartist and the system that I use I developed myself, it has a few indicators with some being Fibonacci, MA, RSI, MACD, alot of Tom DeMark stuff and what its designed to do is give me points of interest, ...

Personal Traders Log (hot spot trading)

Trade Results for 12 Sept 07 Trade 1 entry 07:51 candle @ 2.0344/47 short exit 08:45 candle @ 2.0314/17 result 27 pips exit reason reversal on indicators at fib level Trade 2 entry 08:54 candle @ 2.0316/19 long exit 10:30 candle @ 2.0348/51 result ...

Personal Traders Log (hot spot trading)

Sorry no trading tonight guy's as the flu has taken me out. Hopefully will be right for trading on the 12 Sept 07 Go Getter

Personal Traders Log (hot spot trading)

Trade Results for 10 Sept 07 Trade 1 entry 07:06 candle @ 2.0297/300 short exit 08:00 candle @ 2.0267/70 result 27 pips exit reason indicators reversed at fib level 61.8 Trade 2 entry 09:15 candle @ 2.0292/95 short exit 09:45 candle @ 2.0283/86 ...

Personal Traders Log (hot spot trading)

Hi Yoda_Glenn, I personally dont use the 5-minute chart as I find it too slow for my system, but the thing you should do first is find out what sort of trader you are, position, intra day or even scalping it all depends on what sort of person you ...

5 minute charts

Hey PrivateFX, Sounds like your getting it, it's funny the guy's that I teach at the start all try so hard to become expert traders and if they do a dud trade they make it about themselves (that they are stupid, lazy, incompedent or such) then when ...

Transition from Losing to Winning

Hi PrivateFX, It's good to be strict and Disciplined, but one of the major things that Traders do that are not successful is that they have not yet developed the ability to take themselves out of the equation, in other words don't take the trade ...

Transition from Losing to Winning

Hi yyc196, I still sometimes trade the option markets as that is where I first started to make serious money with trading but FX is so much more relaxing when it comes to research and such. The technical analysis is the same but when trading options ...

Apart from Forex what other market you trade?

Hi Jolabiyi1 Trend line Basics Swing Highs & Swing Lows 3 candle pattern Indicates a price peak or trough Indicates trend formation Both High and Low points Connect “Swing Points" with a straight line and extend these lines to the future A swing ...

Trendline and hegding

Hi cTrackstar, yeah to reinforce the information I use to take notes and then practice on paper the next day unless it was a weekend of course and also with the volume of books that I read it seemed to put me in the place of being in the zone, ...

My strategy

Trade Results for 06 Sept 07 Trade 1 entry 07:20 candle @ 2.0198/201 long exit 10:15 candle @ 2.0251/54 result 50 pips exit reason RSI crossed Trade 2 entry 10:37 candle @ 2.0249/52 short exit 12:15 candle @ 2.0167/70 result 79 pips exit reason hit ...

Personal Traders Log (hot spot trading)

Hi cTrackstar, Sounds like your committed to learning about how to trade the forex, firstly my apologies if the sentences dont quite flow as I'm trading at the moment and I'll be checking my charts every so often. Firstly about myself which might ...

My strategy

Hi Jolabiyi1, Dont really know about the Tokyo session as I dont really trade that session unless walking past the computor and notice the indicators lining up. But in the London and New York sessions I trade the GBP/USD and tend to do well enough ...

I need to know the active currencies in all the sessions

Hi Blueruby, You sound down in the dumps about your trading results? Trading is like looking in the mirror, you will see the good and bad things that you do with your trades and most probably notice that these same things come up in your daily life ...

Transition from Losing to Winning

Trade Result for 05 Sept 07 Trade 1 entry 05:08 candle @ 2.0144/47 short exit 08:45 candle @ 2.0050/53 result 91 pips exit reason price hit 127 fib level and indicators showed change of trend, query retracement. A special thanks to the guy's who ...

Personal Traders Log (hot spot trading)

Trade Results for 04 Sept 07 Trade 1 entry on 07:34 candle @ 2.0180/83 short exit on 11:45 candle @ 2.0127/30 result 50 pips exit reason broke trend line and indicators all low and hungry total 50 pips Finished for the day going, next trading ...

Personal Traders Log (hot spot trading)

Trade Results for 03 Sept 07 Trade 1 entry on 06:50 candle @ 2.0169/72 exit on 07:30 candle @ 2.0206/09 result 34 pips exit reason hit 2 ma Trade 2 entry on 08:41 candle @ 2.0184/87 exit on 09:45 candle @ 2.0187/90 result 0 pips exit reason broke ...

Personal Traders Log (hot spot trading)

I dont know if you want input or not, but have you looked at fib retracement levels, TD trendlines as a stop loss system? It looks like you are doing ok so I hope it works out for you. cheers Go Getter

Miguel's "Hocus Pocus" journal

Hi Mate, one thing I have learned about trading is that its a self developement course in its self, its not a get rich quick scheme or a holy grail. when you trade you need to understand that you bring into the trade all your good habits and ...

set & forget/low maintenance systems