If a trader is only risking 10 pips per trade with a R:R of 1:5 with a 50% hit rate, that would be phenomenal trading. With 3 losers and 3 winners per day, risking 2% per trade, he would be making 24% profit per DAY. More than doubling his account ...

Can you honestly earn a good living or even get rich through forex?

150 pips a day is 750 pips per week

Can you honestly earn a good living or even get rich through forex?

But who would you prefer to help you to learn to play Golf? 1. Someone you have never seen play and only have his word that he is an excellent golfer 2. Someone that you have seen play and know from his results that he is an excellent golfer

If it's such a great system, why isn't there a Trade Explorer attached?

Thanks Hayseed, That link works fine. I don't know why I was unable to gind my way to it. I'm not about to jump into anything just yet. Just looking for info. Thanks very much, you're a star.

Hedging: I don't get it

Hi FS, In your example, I see no difference than if simply closing your long at level B and then opening a new long position at level C. But I can see that if your scenario didn't play out the way you expect. Ie price didn't retrace and "Hedge" ...

Hedging: I don't get it

Hi Hayseed, I accessed the etrade website but couldn't find anything like the screenshot that you have kindly posted. Probably have to log in first, I guess. Yes, trading looks pretty thin on the ground. Sorry about my questions, but I am interested ...

Hedging: I don't get it

Hi Hayseed, I wouldn't know where to look for open interest in FX Options. I'm guessing that you mean a list of what options people are trading. In fact, I'm finding it difficult to access much info about current prices without opening an account, I ...

Hedging: I don't get it

I don't understand what you are trying to achieve with this thread USDJPY has been in consolidation for the last 2 weeks on the daily chart. Weekly chart, trend is still bullish, but the larger upper wicks on the last 2 weekly candles, suggest that ...

Watching currency movement day to day

RealJumper, this is getting really boring now. I have nothing more to say to you. I will go and beat my head against a brick wall instead

If it's such a great system, why isn't there a Trade Explorer attached?

RealJumper, If you disagree with my opinions, then that is fine. Fibonacci and pivots have nothing to do with this thread, only to do with your attempts to discredit me. I suggest that you post your disagreements in the appropiate thread, not this ...

If it's such a great system, why isn't there a Trade Explorer attached?

RealJumper your repeated personal attacks and attempts to discredit me are just making you look extremely foolish. Get a life and stop stalking me. Yes, I have a trade explorer linked to my practice account that I use for trying out different ...

If it's such a great system, why isn't there a Trade Explorer attached?

60 minute man, Do you actually read the posts that you respond to? You were responding to my post reproduced below... this is your reply Do you not see that you are agreeing with me?

If it's such a great system, why isn't there a Trade Explorer attached?

Totally disagree. If a system trader chooses to attach a TE, how does it make a trader lazy and accept everything that he is told? If the TE proves that the system works and if a trader is not profiting from using the same system, it will make him ...

If it's such a great system, why isn't there a Trade Explorer attached?

RealJumper, you use the term crying and crybabies a lot. I am not crying or being a crybaby in my posts, I am simply stating my opinion. When I see people post 90% + winners with R:R of less than 1, then it is an extremely high probability that this ...

If it's such a great system, why isn't there a Trade Explorer attached?

You should email their helpdesk and ask about info re swap costs. Otherwise, open a demo account with the same broker and same platform, place any old trades and leave overnight and you will be able to work out the rollover costs. Make sure that you ...

Estimating rollover cost?

I wasn't totally disagreeing with you. As I said price has entered a zone of strong support in the past. I simply asked what your reasons are for thinking it oversold.

Watching currency movement day to day

Well looking at the weekly chart, price has dropped into an area that has proved strong support in the past Problem is that this support zone is about 300 pips deep. It could well bounce from here, but we have no way of knowing What do you base your ...

Watching currency movement day to day

I've read some of your thread and consider it a good one, from the little that I have read. Must start from the beginning again and read it through to the end. Your thread is in Trading discussion, so not a system as such. In all honesty, it doesn't ...

If it's such a great system, why isn't there a Trade Explorer attached?

If you are using MT4 charts Open the Market watch window Right click anywhere on the market watch window Click on "symbols" in the new pop up window. Select the currency pair or instrument that you are interested in and then click on "properties" ...

Estimating rollover cost?