Well, if you are doing so well and your family is making you miserable, why the discussion - move out and get your own place. You can obviously afford it, so why are you staying there?

Trading and Family Conflicts

So you are a trend trader. The question is, how well are you doing? Are you making profit consistently? Then you are probably trading price action (PA) without realising it. If you are doing ok, resist the temptation to over complicate your trading. ...

What's your basic logic/philosophy for trading in simple words?

Yes you would have net exposure to AUDCAD The only way that you can reduce your exposure to almost zero would be to trade 3 pairs ie Long AUDJPY Short CADJPY Short AUDCAD So you would have to pay 3 lots of spread Good luck with finding 3 pairs that ...

Correlation Swap - Uneven Lots?

Yes, you are correct Your example means that you will have 10 million GBP exposure with each trade But you will have net exposure to GBPJPY (short), so if GBPJPY rises you may lose much more than any gain with the swaps

Correlation Swap - Uneven Lots?

I have a demo account with Ava metatrader and just noticed that they now have SP1200 Not sure if they offer lower lot sizes than your broker though. 1 lot with them is 100 contracts, so roughly 500,000 AUD They go down to 0.01 lots, so that would be ...

Broker for S&P 1200 e-mini?

From your posts, I assume that by Family, you mean Parents and other relations as opposed to Wife and Children? So are you living at home with your parents? Are your parents supporting you or do you contribute a reasonable sum to the Family budget? ...

Trading and Family Conflicts

Coca Cola Co has been in a strong uptrend for months and even though it has been more ranging than trending recently, it is still making higher highs Price has now formed a double bottom and the last candle is a bullish engulfing pattern candle ...

Price action stock trades

I'm guessing that this happened at the same time as the sudden move on the M1 chart indicated by the arrow. The BOJ were reporting yesterday and so this could have moved the market quickly. You suffered from slippage, it happens sometimes and I ...

SL and close price differs

My honest answer is that I don't know. I tried to learn EW theory some years back I found it relatively simple to identify waves in hindsight, but in real time, I had to keep re-evaluating the waves and so found it useless as a prediction tool. ...

Do Elliott waves work?

I did not pick one out of hundreds. That was early in your thread and possibly the very first chart that you labelled a candle as engulfing. You may well have posted hundreds of examples after that time, but as they did not exist when I made the ...

Trading Gold with PA

I assume that you are referring to my post in your thread at url When I pointed out that you referred to an engulfing candle on this chart image Surely you can see that it is not exactly the same? The candle that you point at does not engulf ...

Trading Gold with PA

Candle 2 engulfs candle 1 Not only is it a japanese engulfing candle it is also a western engulfing bar

Trading Gold with PA

Rejection at resistance on H1 chart Nice bearish engulfing pattern candle with the recently closed candle. Looking for a break of the low of this bearish candle to go short. Will see what happens as the bulls have fought back in the first 5 minutes ...

Trading Gold with PA

Reading PA is a discretionary art and so PA traders may make different decisions when looking at the same chart. Personally, looking at your chart, I cannot see any PA that suggests a short at that time would be a good idea. Sometimes PA is obvious, ...

Trading Gold with PA

Stopped with a 38 pip profit

Trading Gold with PA

I entered a long position at the arrow on the M15 chart I entered at the break of the candle with the arrow. As I entered manually price had dropped a bit in my favour. Price had been rejected at a resistance level that now appeared to be acting as ...

Trading Gold with PA

Hanover, please don't allow yourself to be overly concerned by arrogant fools such as Slamdunk. It is obvious from looking at his trades that he considers it impossible for him to be wrong. Nobody in their right mind could look at EURAUD and ...

Lessons in directional probability and risk management

Yes, if you were English, you would of course know that it should be Gumrai and I have not even the same country of origin Sorry FerruFx, couldn't resist it

A basic holy grail trading system thing

Yes we both live in Thailand. Thailand is known as the Land of Smiles, or LOS for short. Unfortunately for many of us who have lived here a while, LOS stands for Land of Scams. When you have lived in Thailand for a while, you learn to spot a ...

A basic holy grail trading system thing

I stand solidly behind FerruFx on this. This thread is a blatant example of a spider trying to draw newbie traders into his web Set up a number of demo accounts, most of them lose, but maybe 1 will show a very good return. Then release details of ...

A basic holy grail trading system thing