Yeah it happens. It's just the way the market is. You can learn from it and use it to your advantage or become stricken by fear and doubt and add another year or two to the learning curve. My target is conservative from a daily point of view but ...

Forex Made Millionaire Thread for Blog Swing Trades

So GJ broke, and as usual, it ran stops before going. Hit my 166 so i'm out for the 1st portion of that move. I took a 2nd position at 164.5 just above the weeks open (sunday). There will be pull backs and i will have other entries as well as profit ...

Forex Made Millionaire Thread for Blog Swing Trades

I'm still holding my GJ short from 165. Stops at 166. I'm at a good place for a possible 160 to 161 target. If it goes down some i'll add more positions. I'll let the day close and see where to go from there.

Forex Made Millionaire Thread for Blog Swing Trades

I feel a little mixed about GJ shorting. I still want to see some rejection but i did put on 1 position due to the how it looks. Whats speculation without a little speculation eh?

Forex Made Millionaire Thread for Blog Swing Trades

You make a good bear case. Looks like the bear target is 160, but for me, time of day and day of week is the deal breaker. I'm sure i'd still be able to get in sunday or monday if its going down.

Forex Made Millionaire Thread for Blog Swing Trades

I feel the same way but i want to see some sort of rejection between 166 and 164 (where it is now) before entering. I don't think it'll happen before the week closes.

Forex Made Millionaire Thread for Blog Swing Trades

The problem here is the question of trying to make a living from forex or speculation in general. If i trade for 1 year, turn 10k into 7.8 mil after taxes, drop around 4 mil into an income investment account that returns 4% - 7% a year, then use the ...

Will forex ever end for retail traders like us

I'm aware of how pips and pipettes are calculated, i wanted to see if willo123 was. An on looker who didn't know the difference may have interpreted that win as 10 times larger than it was.

Trading S+D With Facts Ebook

280 pips or 28 pips? Highest price possible to exit was 1.1070 on Friday and 1.1050 this morning.

Trading S+D With Facts Ebook

Surprise Surprise.... image Looks like poodle had something there with those "weak moves".. I think i see a little BRN action too. Good luck.

What works, and what doesn't

I used to feel that way too but not so much anymore. Now i just say more power to those who can recognize info worth their time.

Trading S+D With Facts Ebook

Anything that indicates what the next course of action is, is an indicator. Moving averages, manually drawn trend lines, price action, price, candle sticks, news, volume, fundamentals, history, statistics, they are all indicators and they all lag. ...

How To Trade With a Naked Chart

I'm always a little reluctant to post on this forum. But here we go... Tech. Historical analysis is no good. If that's how you really trade then capture charts real time and post em. We can do it together on this forum if you want. It is easy to see ...

What works, and what doesn't

Currently in a trade on the Cad. Lookin to TP around 3054 -3056 if i see some resistance there, otherwise gonna tp around 3048. image Demo And there it goes as i post image

What works, and what doesn't

I added an actionable idea, i've been waiting for anyone else to do the same.

What works, and what doesn't

Also, in addition to the forms of market structure (or liquidity, whatever floats your boat) trades you've already listed, consider Big Round Numbers in your analysis (1.1200, 1.1300, 116.00, 117.00, etc). I've read in a research paper a while back ...

What works, and what doesn't

Quote people so they know who you're responding to.

What works, and what doesn't

2 things. Here's a thought, price generally exchanges in ranges. If you do decide to employ a counter near miss entry in the manner you've stated, try targeting around the low (or high) of the range that developed while in your trade. In the example ...

Capital Weightlifting Championship

Well for spread, you can probably just use a % of risk and also just a hard coded # for commission. Also slippage could be taken into account on orders of x or larger. Your right though, it would require some more coding. I have a "monster excel" ...

Capital Weightlifting Championship