Yup...nice moves today...took a while to get moving though. Easy 70pips though, so I won't complain

THV System Trades & Patterns Thread

And that's why I don't trade over weekends

THV System Trades & Patterns Thread

I use a Samsung Galaxy tablet to trade...in fact, 99% of my trades are made using that. I set up a VPS server and simply use a remote desktop program to access it. That way I have access to the full MT4 platform, not just some watered-down version. ...

Metatrader on tablet?

The only reason I care about news at all is because it tells me when moves will likely take place. I really don't care why the market moves, for all I care traders could move the market based on how many cows are on a field It's purely a timing ...

THV System Trades & Patterns Thread

What a snooze-fest today

THV System Trades & Patterns Thread

Unless US retail sales and the other US data being released this afternoon is somehow surprisingly good, I don't see GBPUSD dropping (much) further. The Coral on the H1 charts seems to be holding nicely, at least for now. Given the news releases I ...

THV System Trades & Patterns Thread

Hahaha, yeah...you can imagine how often I kick myself for breaking the rules At this point it's all about consistency. I really trust the system overall, it's just that I still suffer a bit from overtrading or not waiting until "everything lines ...

THV System Trades & Patterns Thread

If you use robots you're an INVESTOR and not a TRADER. Why? Because you don't actually understand WHY trades are taken. Having said that, trade management EAs are fine if you actually understand what they are doing and why. Don't be lazy, learn how ...

Which forex robot is the best?

Possible yes...clever, no...in fact, it's really really stupid. I think you are talking the contrarian strategy but you are misunderstanding it. Contrarians look at it as an opportunity to get in a trade at a cheaper price. So they will buy while ...

Is selling low/buying high possible?

Long EURUSD, GBPUSD and AUDUSD...and shorting USDCHF. Up a few good pips already...91pips as of 3pm UK time

THV System Trades & Patterns Thread

Same here, trading the H1 and since last week increasingly the H4 charts. I'm playing around with that "Cave Manager" EA using the following settings: 1) Initial stop loss of 15 pips...sometimes that's 12 pips, sometimes 18. 2) SL set to BE once ...

Are Risk/Reward ratios simply nonsense?

If I were I'd be chilling at a private island in the Pacific instead of posting on FF during work The point's still valid though, using a fixed TP limits your upside potential and I just don't see the point in that...unless you're ...

Are Risk/Reward ratios simply nonsense?

Yeah...and if you have a fixed TP you can't ever let profits run

Are Risk/Reward ratios simply nonsense?

I never got entering a fixed TP level...why on earth wouldn't you want to ride the trend as long as you can? Why limit yourself like that? I currently use relatively tight initial stop losses and set my SL to BE after the first few pips (15-20pips). ...

Are Risk/Reward ratios simply nonsense?

I don't have enough Valium to trade the D1 or Weekly charts

THV System Trades & Patterns Thread

Crazy busy at work...gonna apply the same strategy to the H4 charts for the rest of the week. I'm too busy to check charts every 30min-1hr, and I get annoyed at missing too many nice setups. H4 charts will allow me to stay in trades for longer. ...

THV System Trades & Patterns Thread

Add to that Schwager's new book "Hedge Fund Market Wizards", it's an excellent read and shows you how those who are consistently (aka NOT the turtle traders!) think. One of the best trading books I've read to date. Also quite a funny read because ...

Jay helping out newbies

I trade the H1 charts on 6 pairs...on average I get 2 to 12 trading opportunities per day. However, I don't sit in front of my computer all the time, so most days I take 2-4 trades on average.

How often do u trade?