Our educational system, whether it be the US, or other parts of the world, do not train our minds to be traders. There is a conventional wisdom that pervades learning and it is not about thinking outside the box, or trying old things, new ways. It ...

Andrews Pitchfork (Median Line)

Slotery, For what it is worth, a look 2 hourly gold charts. xt

Andrews Pitchfork (Median Line)

big pippin, Trading can be frustrating, especially when you are trying to learn how to effectively use new tools that stretch the boundaries of your thinking. Median lines, or pitchforks, if you like, can be used in ways that you have not even ...

Andrews Pitchfork (Median Line)

big_pippin, Some thoughts marked on the attachment to your question regarding ODP. I think it is self explanatory, if not, please pm me and I will explain. fwiw, xt

Andrews Pitchfork (Median Line)

The way you choose to trade Office Depot is entirely up to you, big_pippen, but, I would be looking for clues in the market structure when hunting a trade. Median lines are a wonderful tool ( I have used them for many years), but a tool used without ...

Andrews Pitchfork (Median Line)

By all means, disagree, this is what makes a market. When I first started in this business in the early 80's, it was understood an edge was simply an advantage over someone else. The casino holds the cards. You describe the effect of an edge, not ...

What is your edge?

After reading the posts in this thread, it is obvious only two posters understand the concept of a trading edge: powerltrades and supremechaos. A "trading edge" is nebulas in the minds of most traders, but by way of simple, working definition, a ...

What is your edge?

On misguided gann study (Fana take note!), Cake sums up the flirtation: Never There I need your arms around me, I need to feel your touch, I need your understanding, I need your love, So much, You tell me that you love me so, You tell me that you ...

Technical Analysis Fallacy

Me thinks the "issue" is not with what has been said in this thread, as a whole, what I said, or how I said it, but is within the one who read it. Grammatically the sentence stands. Though many and various function as adjectives, both have distinct ...

Technical Analysis Fallacy

A teacher/mentor is one who shapes ones mind and thinking ultimately freeing the student to make better decisions from a framework that is both nimble but with a broad perspective, able to perform in many and various situations. What you desire, ...

Technical Analysis Fallacy

lol, more likely those who swing a big bat and were short above 1.29 and are now buying to cover some of their position and putting 300-400 points in their pockets for end of the month profits.

why does cable reverse almost every day

Sorry to say, mt4 charts are not detachable. It has been suggested several times to the powers that be, but does not seem to be on the horizon any time soon. Neoticker has probably the best detachable charts in the business, but they ain't free.

Can I detach charts ?

lol. You have me wrong, I am not your friend. I will be the one taking your money so that the odds will be against you making it a year full time, let alone 3,4 or 5. Just a little market reality to help you master yourself....

Big Decision

Akuma, Seems I have seen this challenge put forth somewhere before....hum, can't think where though In response to your poll, I had to answer yes. The simple reason, you have to have some money, your own or borrowed, to simply trade at all. ...

A Trading Experiment

Not that I owe you an explanation at all. But will give you one: An experienced trader knows that he will never "master" the markets. If you think you can do it in 3,4, or 5 years, you are either very naive, or have no idea what you are talking ...

Big Decision

lol, I must be a slow learner. After trading for over twenty years, I would not consider myself any where near master and you are going to do it in 3,4,or 5 years.... you must be remarkably gifted, maybe a trading savant even...

Big Decision

The simple answer is to use a properly placed stop loss.... Hedging, psychological stop losses, no stop losses...If you listen to this "advice" you might has well hand over your account now and go do something else, for it will surely be taken from ...

Any way to "protect" your positions from the news?

May I correct a misguided thought....not all technical analysis is lagging. Sure if you are using things like stochastics, rsi, cci, moving averages, etc. But there are some of us who use the right side of the chart with hours, days, weeks of ...

newbie's forex reflection

Whien I began trading currencies, I went straight into a live trading account, but, I had successfully traded equities, futures, and options. Currencies are their own animal, if you have no background in trading any other vehicle, you do need a ...

Do I need a reality check?

This question has been asked on this forum and others many times. If you worked diligently over days, months, years and spent untold amounts of your own hard earned money to perfect something, anything, would you just give it away? Does a company ...

How come nobody likes to share?