GBP/JPY missed my pending order by 5pips while I was sleeping... bought late @ 174.00 and will possibly buy again if it retraces to the support area again to average out. Will monitor closely.

The theater - trading analysis and setups

hmm... well, after a quick look you'll have to wait in front of the charts for a very long time before any set up comes along to fit the rules? A lot of the time price either breaks through way past 4pips and keeps going or it just doesn't break the ...

Sharing my profitable and simple strategy

Ok I think I get it now... After we get a momentum bar we wait for the next candle to break it by 4 pips and enter in the opposite direction on the high/low of the break... See attached...

Sharing my profitable and simple strategy

Sorry mate, showing and chart and circling the highs and lows isn't teaching us anything about your method. I'm guessing your definition of a 'min or max' bar is a bar with a lot of momentum? IE a bar double or triple the size of the bars before it? ...

Sharing my profitable and simple strategy

Sorry buddy but that's just plain incorrect lol. Just because the leverage in forex allows a higher quantity of trades than other markets (ie. securities), doesn't mean you should. Over-trading is a forex traders worst enemy and every successful ...

Sharing my profitable and simple strategy

DAX opened pretty much just under resistance... took a short at 9918, closed position at 9874 for 44p profit. Will see how the 9900 holds as resistance on the pullback and may enter again with a TP at 9790

SPX and DAX - CFDs are the place to be

Live rates (tested their ASX rates which is open in Australia right now and they are updated live) and also you can click into each component for their company overview, news and financials. url

SPX and DAX - CFDs are the place to be

GBP/USD: If the cable does drop further, I'll be monitoring that first support area (red dotted line). If price crosses that area and closes below the major pullback range (orange box) with momentum then we can probably expect it to drop further to ...

The theater - trading analysis and setups

Oh sorry mate, my bad. Even though the data is delayed by 15 minutes, does this generally give a good indication of the direction of the move of the index? Eg when most of the companies are down, the DAX is expected to drop also?

SPX and DAX - CFDs are the place to be

We have very different charts

SPX and DAX - CFDs are the place to be

DAX isn't a company, it's an index made up of 30 major German companies trading on their stock exchange. It's like the ASX200 (Australian top 200 companies on the Australian stock exchange) and SPX500

SPX and DAX - CFDs are the place to be

I called the drop to the 9,987 level. I'm now long +20 pips, just have to take care now and monitor because price is either going to break higher and follow the trend or start dropping

SPX and DAX - CFDs are the place to be

I have a tried and proven way to predict tops and bottoms and fairly accurately too... it's called support and resistance...

Every Day, We Will Know Tomorrow's Prices!!

I was going to take a pull-back trade to the 9987 level, but I already have an open position in the USD/CAD and I would rather wait to see what the DAX does around the level I've marked. Although we are at an all-time high area, I'd rather keep to ...

SPX and DAX - CFDs are the place to be

I'll be monitoring the 9987 level for a long position as there is strong support/resistance there. Will we make new highs?

SPX and DAX - CFDs are the place to be

Open a 1 second chart (if your charting software allows), now tell me how many opportunities you have to make positive returns opening and closing a trade in 1 second... IE. how many times does price move your brokers spread amount + more for ...

How can super fast trades be possible?

Hi mate, is this a daily chart? Edit: sorry looks more like a H4, is that correct?

Engulfing bars

What just happened.... I had a sell order on AUDUSD at 0.9840 and that spike just entered me in at 0.9814. Not happy.

Trade What You See - Almost Naked Trading

Thank you for your suggestion, however I dont use MT4 to trade, only use it for my charts, so I'm not able to use any EAs etc with my trading. I dont normally like using trailing stops at all anyway (or even pre-determined stops, eg. when you said ...

Trade What You See - Almost Naked Trading

Saturday morning here, logged on and realised my TP's were just too big.. EURUSD got to +130, then with the help of the negative high impact USD news it went back up to hit my stop +5. USDCAD saw a max of +25 before going back and hitting -10 SL. ...

Trade What You See - Almost Naked Trading