FXCM microlot account takes CC deposits.

Microlots, 5 Decimal feed, and Paypal/CC ?

Wished i started learning about Forex earlier! The MM rules of max 2% risk per trade is the most sage advice in trading IMHO, that would saved a lot of tuition fees when i was trading stocks. The other point is learning that indicators are useless. ...

What did you wish you'd known about trading Forex?

Trades: 22-Sep, GBPJPY 4hr Long 149.42 (stoploss 148.42), TP 150.4, Closed 148.984 Result: - 0.436 R Buy stop was just triggered. Position closed manually as there were 3 consecutive sideways 4 hr candles. 23-Sep, EURUSD 1hr Short 1.4758 (sell stop ...

TraderT - My Trading Journey

Good results, keep it up.

TheChalleger's Journal - My Trading Journey

My US opening futures trades are worse, ouch. No serious damage done, but it made me realize i'd better concentrate on FX, and i mean longer term such as daily/weekly and perhaps 4 hr. Actually it is based on steve's observation that that the Euro ...

Steviet's Live Trades!

Back to FX... GBPJPY, 4hr Long 149.42 (stoploss 148.42), TP 150.4 Order triggered, before price reversed. Currently still in trade and looking iffy. GBPUSD, 4hr Watching the 4hr close (using Alpari), will be pinbar with potential if it closes below ...

TraderT - My Trading Journey

Trades: 22-Sept, ESZ9 Long 1065.25, Closed 1064.25 (-1) Entered after a 5min PB with longish tail), price moved about 1 pt up, and to my disbelief, this immediately reversed. Had opportunity to close at BE, but watched price reverse down. Long ...

TraderT - My Trading Journey

4 Hr Trades Consider these to be demo trades since it's taken with Micro account. Loonie, 4hr Short 1.0764, Closed 1.072 (1st TP at trouble-area) GBPJPY, 4hr (watching) The only issue with this is the immediate 150 barrier

TraderT - My Trading Journey

Yeehaaw.... let's hijack this thread. PeterFM, where art thou?

Steviet's Live Trades!

Possible 4hr PB forming on loonie (using Fxpro). Close needs to be within previous body. Edit: Skip, close was above previous candle body. Nice one last week, raczekfx.

james16 Chart Thread

21-Sep, EURUSD Short 1.47172 (stoploss 1.475), closed 1.46493. Result: + 2.07 R Euro broke 1.468, before a lot of sideways movement. Broke 1.464 and touched 1.461 a few times, before a reversal near the US mkt open. Position closed manually when it ...

TraderT - My Trading Journey

Close below 1.4640 would be fantastic

Steviet's Live Trades!

Holding a similar short from Friday. Let's see how this goes. Have a good trading week, mate!

Steviet's Live Trades!

Upcoming week plan: Cable - see previous chart: On the daily, the cable looks a bit oversold. My buy zone will be at 1.615-1.617, with strong resistance at 1.64 zone. Euro - see previous chart: Still holding short from 1.47172, will look to add if ...

TraderT - My Trading Journey

Late Thur's observations and how they panned out: 1. Cable - break of wedge resulted in a good 200 pip downmove. 2. Loonie - 4 hr reversal PB and outside bar, and daily PB. This was a reasonable PB, but missed the long entry as my limit buy at 1.063 ...

TraderT - My Trading Journey

Observations today: 1. Cable - break of wedge 2. Loonie - 4 hr reversal PB and outside bar. possible limit long entry between 1.062 to 1.063 3. Euro - classic resistance turns into support twice. possible trendline break and reversal

TraderT - My Trading Journey

Fool, Thank you for the guts the share your story, it's a great lesson all of us can learn from. I too did a couple of dumb trades today, posted on my journal. What's important is to reinforce the learning, get over the pyschological damage, and ...

4% A Day Forever

Trades: 15-Sep, EURJPY Short 1.46403 (Stoploss 1.46877), closed 1.46877. Risk: 0.8%, Loss 0.8%. Rationale: Short entry i was looking for all week. At that point the Euro was hitting day highs, and the trade seems a force one. If it was intended to ...

TraderT - My Trading Journey

Great stuff Dopey, thanks for sharing. I think what is necessary for most serious developing traders is that they require a mentor or a small mentoring group with feedback given to their trades and thought process. Ed Seykota's trading tribe is a ...

A trading session

The cable finally sold off, but wasn't positioned for any trade. The euro is still holding strong, so will continue to look for short entry. Spent the US session on the eMini ES, and am experimenting using 5 min Heikin Ashi candles. Hesitated on ...

TraderT - My Trading Journey