I think what pipmutt is tryint to state here is: Trying to predict turning points in the market (tops, bottoms, trend change) is a battle that is rarely won. Consistent profits shall likely come from proper risk management that is married to sound ...

please help with your comments on my system

A very true statement sir! :-)

please help with your comments on my system

I agree and this is good information. But IMHO this is used more for longer term swing/position trading and much harder to use on the shorter term TF's. Not saying its nt useful just much more difficult to put to use on the low TF's. But good advice ...

please help with your comments on my system

No to News — News is bad news LOL I know it sounds like a joke but man it sure isn't a joke when you are caught in a trade that spikes the opposite direction you have entered on. Like eagle said here, News creates volitility in the market and ...

please help with your comments on my system

Hi Adam, You seem to be on the right track for only having been involved with trading a short time. Some folks are naturals and figure stuff out in a hurry. Others take more time (2, 3, 5 years etc). You appear to have the right attitude as well. ...

please help with your comments on my system

Lots of good information here. I went through this dilemma when I first started out. How do you determine a trend when each time frame shows something different??? Here is my way of handling it which is just another way of stating here what's ...

What is the trend?

Hi Mike! Well all is as well as can be expected. I few things happening in my life that have kept me distracted for a while but I am getting back in the game and getting my feet planted firmly on the ground with my trading and the rest of my life. ...

james16 Chart Thread

Brilliant but simple advice! Thanks smikester! Sometimes the obvious escapes me but hey if I look on the bright side I did recognize a PB LOL After looking at this again I think I see what you are referring to as far as support below the PB. I ...

james16 Chart Thread

Hi KissFan, I appreciate the response. Curious though... I am looking at your weekly PPZ and I am not sure how you came to the conclusion to draw your line there. I understand PPZ's to be where price flips from support to resistance and vice versa. ...

james16 Chart Thread

Failed PB — Hi Folks, Man it's been such a long time since I posted here LOL But alas I am here... Hopefully to figure a few things out :-) Did anyone see this PB on the AUDUSD last night? From what I can see there was nothing holding it back ...

james16 Chart Thread

Grid Builder Modification — Hi Guys, I hope you don't mind me reposting this but... I made a couple of Modifications to the GridBuilder indicator. Added: Selectable Color Selectable Line Type You can now select it to draw as a Background so ...

Jacko's Forex House of Pleasure and Pain

And I 3rd that!!! LOL Pshychology is the largest determinign factor when going from demo to real. You must bea able to separate your emotions from your money. I put a post up a while ago about going from Demo to Real. Maybe you will get a little ...

Difference between demo and real trading

Sorry man I am a little slow today LOL How about add to your losers because while your hanging on to it for its eventual return you will win huge!

Trading Rules for die-hards...

Another to add — Hey Yuppie How about never let a winner become a loser. Goes well with your #2 Cheers, Vick

Trading Rules for die-hards...

Recent MAX Grad — Everything contained in this post is unsolicisted and are my own personal opinions and comments and thoughts. I recently completed the MAX 11 course in Sept. ANd I have to say thta is was nothing short of an eye popping ...

Free Webinar: MAX Trading System

James16 Above the rest! — Bemac- Thanks for starting this thread! I have to say that I personally have learned loads of things which have really helped me further develop as a trader. James has to be the most unselfless man I know. Willing to ...

"For Sale" or "Free for you to pick up"

Will do my friend! As soon as I get a chance I will throw some stuff up. I think the ideas between you and I will allow fir some great dynamics. Cheers, Trader V

Simple EMA/Trendlines Strategy

Very Nice Methodology — Hey JK$$$, Nice system you have started to present here. No magic, just a couple moving averages to assist with trend direction and some trendlines combined with price action for triggering the trades. I have a trading ...

Simple EMA/Trendlines Strategy

Hi Teb, Thanks for jumping in a sharing here. You know I have heard so many times that it is important to focus in on one pair while you are breaking in your trading shoes. And I have to agree that this is very important as well. While having ...

Stick to one system!

Yes an EA stands for Expert Advisor. It is essentially programming code that you add to your MT4 platform just as you would add any other indicator and it will automatically trade for you. I personally do not have much experience with them but some ...

Stick to one system!