Don't place trades when guppy lines are spread out and check the 30 minute chart for direction of trend and only place trades in that direction on the 5 minute. Beware of news releases.

Trend Follower 5 Minute System

not to nitpick but that wasn't the intent of the post... the intent was that if you can make 1.5% daily, you are SET. maybe manually trade for Fun i guess. I could raise aLot of money to trade with if I could show that kind of return every day.

Swing Trades using Price Action

Trading Plan 1. Complete trading checklist, if every thing is in order continue, if not, DO NOT continue until it is. 2. Complete technical analyses for the daily and 1hr charts. (Place old support/resistance lines on daily before switching to 1hr.) ...

A penny for your thoughts

"I now play around with an EA that makes a steady 1.5% daily" There's no need to do anything else but play on the beach..that would take 10k and turn it into 400k in one year. I'm surprised this tidbit is being ignored in this thread

Swing Trades using Price Action

Wow, Great idea for blowing out an account

need simple ea

the CAD Employment Change is another big mover.. Trading during news is not a good idea for new traders of course. I've been doing it for about 3 years now as one of my trading methods but I wouldn't recommend it for most people.

Which economic news are dangerous for trading?

just google MA CROSS EA there are plenty already made for that idea

Need Help to Programme EA

there will be very little movement, not even worth trading

uk and us stock market closed on monday, but forex is open?

overall, it's tough to beat oanda as far as spreads. be nice to have those kinds of spreads with MT4 at a broker

Cheapest discount broker

what's the intent of the question? a currency pair can turn instantly and go for 1,000's of pips but i'm not sure what this info will do for you. it can also turn slowly and not go very far but just range

How quickly & far can a currency change direction

why not tell them to stop at the max lots for a live broker and pretend it's a Demo account when it's SECRETLY a live account. if they can take $500 to like 15K...wouldn't it be worth the Try?

Over 13,000% return in just 1 week ! How is that possible ?

depends if that is a FIXED 2 pip spread.. typically the commission is fixed but the spread bounces all over the place at a commission broker I like the fixed spread myself..

Spread Vs. Commission

the groundwork for TERAHERTZ cpu's has been laid and it's only a matter of time before cpu's can process more data faster than a human brain per second. Even WITH multitasking. Since humans move the market in forex..what would happen if Puters were ...

Computers to replace Traders

all we need now is double the spread and slippage and ALL the fun will be taken away

Leverage reducing begins

It's just Good practice to use stop loss..whether you enter it into the trade or keep it in your head. You Will get a trade that does NOT come back and you will have to close with Major losses OR have to wait weeks or months for it to return. ALL ...

Trading without stop-losses

New home sales Expected 900KPrevious 893K This is where I scratch my head..because how in the Heck can 'Economists' expect new home sales to go up when the market is absolutely Dismal and it's reported in the news every day?! My wife's a realtor and ...

EURUSD

Right but first things first... inflation happens first, Then later on...interest rates are addressed and adjusted if needed. I'm just saying some things are starting show recovery in U.S. economic numbers

EURUSD

we're on our 3rd week in a row of excellent economic news released for the U.S. and EUR releasing at or sometimes less than expected. I don't know how much longer E/U can climb with fundamentals pointing down

EURUSD

goin to 300 or 325... the train just Never STops :surprised

Daily GBP/JPY analysis