It may not do much, but to even have the option shows how much the US still makes the rules. In the UK we print a ton of money and use it to make sure crack heads can still get high every day. Woah.... getting a bit too political for FF!

Will there be a QE3?

If risk sentiment turns sour, and there is a sell off in equities - Which looks likely from fundamental and technical views - Then I think there will be more QE. The US has a plan to attempt an export led recovery and for that, a weak dollar will ...

Will there be a QE3?

I've found this August to be particularly difficult, however last year I had a really good August. I'm not sure if it really makes a difference year on year, but I find things slow and uncomfortable whenever there is low volume. LD.

Is August the most difficult trading month?

New video — Evening all, Hope everyone is enjoying their weekends. I've put together a video to discuss a few things 1 - review of what I look for in an entry 2 - review of my trades this month 3 - What I think is going to be huge in September ...

Trading: As simple as possible, but no simpler - by a real Cityboy

Morning Pervaz, welcome to the thread. Aha I still pitch against Citi quite often. You have some really high roller clients! haha. In terms of defining when we have a new trend - I would say that Erebus has got it pretty much spot on. Using his ...

Trading: As simple as possible, but no simpler - by a real Cityboy

I'm reading on my iphone at work since the download is blocked by company firewell. I loved the first edition, this new one is looking great too. Much appreciated PhAnti! I love the philosophy of making this about the lifestyle. If you aim for that, ...

''Trading Price II'' by PhAnti - have fun

Evening all, So after all my complaining about a counter trend EUR/USD trade - I just took it off for 2.1% profit. Happy days. Also at the same time I closed my USDCHF for 1.6%. I took a 1.1% loss on the AUDJPY but the net result was enough to get ...

Trading: As simple as possible, but no simpler - by a real Cityboy

So if you just buy when you used to sell - and sell when you used to buy - You now have a 70% win rate at 1:1. Fixed? tbh it sounds like one of two things - either your definition of trend following isnt quite right, or your stop is too tight.

Are you a consistently profitable trader?

Could today have been the break? I'm not sure. But I am quite happy after all my complaining about my EURUSD long trade!

Trading: As simple as possible, but no simpler - by a real Cityboy

I agree. On the short term I wouldn't be surprised if it kept struggling north until the volumes return to the equity markets. Maybe even as late as September. It will need a big fundamental catalyst to set off the new downtrend but with all the ...

Trading: As simple as possible, but no simpler - by a real Cityboy

New Video - "Trends within Trends" — Okay so I've put together a new video to discuss the concept of trading sub trends within an overall trend. Basically this is what I've been doing this month. Previously I didn't try to trade ...

Trading: As simple as possible, but no simpler - by a real Cityboy

I'm going to caveat this as much as possible before I give my answer: Clichés inc. - It is not the system, but the trader that makes the profit. Most systems can be profitable given the correct application. - You should probably 'shop around' before ...

Which is your favorite Trading System?

Pre market open - View on the EURUSD — Okay so it's been a while since my last post. I've been quiet because I'm not too impressed with my own trading this month. I never really get on with low volumes and counter trend movements. Anyway, lets ...

Trading: As simple as possible, but no simpler - by a real Cityboy

You win this thread sir.

Dating Tips for Traders

Potential trend changes — Recently the markets have been behaving quite strange. I've read that we have had the lowest volumes (outside of the Christmas season) in 10 years. Could this be because lots of big time traders are all on holiday for ...

Trading: As simple as possible, but no simpler - by a real Cityboy

This. With the hardest part being not changing your edge when you have a string of losers. Being a professional gambler is cool and sexy, almost like a James Bond type..... When people think of traders, it's either pale programming nerds or fat, ...

What are similarities between trading and gambling?

New video update — Evening all, I've had a few requests to talk about the moving averages I use on my charts - So I've recorded a quick video to help explain the MA's I use, and on which timeframes. Hopefully this will explain things a little. ...

Trading: As simple as possible, but no simpler - by a real Cityboy