% ATR — Nice work Thatwasme. I've been looking for something similar, but displaying the % move since the open (00:00 GMT) against the daily ATR (14 period). I'm certain this must exist somewhere, but I've looked across FF and Google to no ...

ATR

Hmmm, looking along my bookshelf at really solid useful books: 1) Trading & Exchanges - Larry Harris 2) Microstructure Approach to Forex - Richard Lyons. Heavy-going, a bit out-dated, but worth it 3) Psycho-cybernetics - Maxwell Maltz (not a trading ...

Traders' Book Club

ransquawk do a free 30-second delayed audio newsfeed, paid-for realtime, and IFRmarkets (available through lots of retail brokers) are good for written news (realtime) Wouldn't of saved you of course till after the event, but at least you know why ...

Forex Live News Feed?

Trading 10 binary losing trades in a row, chances of which were 1 in 200.

Share your EUREKA moment

Great post Rabid. Show me anyone who doesn't get suckered into peer pressure to some degree and I'll show you a liar. It's not just about following the crowd either. I can't participate in any of the live calls threads, because just by posting ...

Forum peer pressure

Eloquent reply as ever Hanover. Not sure you're that much of a relative newcomer now are you? 3 years or so? Someone brighter than me said that trading is about instinct, but until you've been trading for 2 years, you don't deserve one. Too true. I ...

Trading Psychology: Mistakes in a Trading Environment

Instinct! I know that sounds like a cop-out, but your subconscious picks up far more than you can articulate or know consciously. If you allow it to - by that I mean trade when you feel like, how you feel like, it learns from mistakes and errors and ...

Trading Psychology: Mistakes in a Trading Environment

No - that's the point. Don't blindly follow any system but instead use your discretion - instinct - which in turn requires you to break the rules of your said system when the time is right.

Trading Psychology: Mistakes in a Trading Environment

Dopey, married to a Brit you'll know there's nothing more antagonistic to a Brit than success, ergo most Brits hate Man U. Plus most of their support comes from the rest of the world or parts of the UK where people have 12 fingers and webbed feet. ...

Will the pound disappear?

I know there are people who do this, and who are profitable, and I say good luck to them. But I think this is actually an awful way of trading. It was downrivertrader who opened my eyes to this. You've an instinct for a reason. Blocking it off leads ...

Trading Psychology: Mistakes in a Trading Environment

Nice, looking at the same at the moment. Wouldn't placing TP at the top of the range (blue arrow) been a reasonable assumption (harry hindsight talking here), given that the past few sessions have all been showing balance around the same levels and ...

CBOT Market Profile

I'll echo that, a great insight into how you're trading Rabid and useful, generous advice. And Brent - sounds very promising - I'll drop by once I've had a bit of time to apply all this to my trading.

CBOT Market Profile

The Q&A of market profile — Rabid, or anyone else who knows MP well... I'm trawling through Mind over Markets. Slowly, it has to be said but at least not as slow as the CBOT manual. I've got a couple of questions though as I'm working my ...

CBOT Market Profile

Hi, I pretty much only trade EURUSD so concentrating on that. Can you tell me, is this open interest or volume that's collated? Heads up mind - I'm new to both. Also, EURUSD seems to have lost its figures for yesterday. Great work though VT, very ...

Volume Trading

I can't believe someone as well known as Bill Williams could come out with such twaddle. If only my broker was price shading, I'd be able to fleece them for every penny by arbitraging with an interbank feed against them. Sadly, mine is too honest. ...

The truth about retail Forex brokers !!

+1 I had the same conversation with a trader at a spreadbetters in the UK last year too who said much the same thing. He also added that of their 20k+ customer base, 20% are successful (not losing money, so that includes the break evens). But plenty ...

Broker Fairness?

RC 'fraid not. My broker's spread with NZDUSD is so expensive I'd have to see a convergence of the moon, stars and planets before I could afford putting a trade on it. Yesterday was a bit mental no? I got out about break even after performing a ...

No Brainer Trades

Egkid I'm going to have a bash as to why it may have been the case. i) Both 1.2736 and the 1.3293 (I had 1.3300) are support and resistance. ii) Price had been building value around the 1.2700 mark for some time. iii) The previous area of value ...

EURUSD a huge buy above 1.2736

Lib/Redcabbage... exactly what I was thinking, which is it? I've plumped for half on each level, but I've got a nagging feeling that these levels are almost too obvious. Libb - by the way, average ATR is 236 (based on past 14 days). That still gives ...

No Brainer Trades