Ok how about profit target I personally let the market stop my trade either if I am in profit or not. But you can “scale-out” if you prefer at least you feel like you’re “day –trading”. There will be a point in which you have to decide between be in ...

The System (Irony included)

Ok now that you have an idea what’s going on, this is what I do 1.I follow the trend 2.Go down to 4 hr charts 3.Buy on pullbacks/sell on rallies at the 4 hr charts, keeping an eye on periods of consolidation (white S/R) lines on the daily chart. ...

The System (Irony included)

Ok good. Here some other charts on the same cross – EUR-USD. Take a closer look at these white lines Can anyone tell me what’s going on at the white lines??

The System (Irony included)

Markets are nothing more than a constant battle between supply and demand As simple as it sounds to whoever understand this, will have the highest probability of success in all markets. No matter what time frame you're using, there will be always a ...

Sick of all the MA crossover systems

My sincere apologies if I am bursting a bubble here. The method is a weapon of choice if you trade e-mini's especially the mini dow. As for forex, scalper buy/sell will make you money sometimes but will whip your account most often than not.. This ...

The Scalper Setup

try currency futures no counter party on your trade and a lot cheaper than any of this blood-sucking brokers I did change 1 year ago no regrets whatsoever I straddle the news with confidence

Best Way to Trade News?

Good Morning Orange Thanks a lot for sharing your system. It's simple yet effective. You just hit the nail rigth on the head I would like to know if there's any particular session that you would prefer to trade(London, New York, Asian)? Regards

SRDC Episode I

Hey Jim What's up?? You sound very emotional. Seems like something is going on, but anyways... I don't post very much (as I rather read) But as I read from you, I think you're a experienced, capable trader who is posed for wining. We all love you ...

james16 Chart Thread

By the way CPI (Consumer Price Index) Tomorrow - That will be something to look for. In this report particulary, market is looking for balance exports vs. consumer goods. If it comes out good, that could relieve some pressure off the feds. I suggest ...

US news today - great volatility?

I would be attentive to the PPI report. Smells like inflation. Actually, PPI report measures in a way how manufacturers in US are affected by inflation. Inflation is the "flavor of the day" when you talk forex fundamentals. PPI also measures changes ...

US news today - great volatility?

Man, I feel your pain what mistakes you're talking about??? It's good to share the good and the bad so we can all learn from it

A Losing Week

Dear Traders with the utmost respect I will like to point out a few things comming from experience. I normally sit down and read the threads but from time to time I like to post some comments for the benefit of this great fellowship of traders. ...

How to avoid being shaken out

Full Moon Indicator...let me see if I can build an EA for that one (hahahahaha just jokin') Thanks Moneymaster

Why did the market reacted like this

A professional trader loose 1 out of 100 trades?? WOW that's something my friend. What "indicator" he use? Maybe he use the "yo-yo" system. Jus chill out my friend He's rigth. There's no "system" (like you guys call it) that can predict the future ...

Why did the market reacted like this

I picture two type of traders, based on your thread. 1) Those who are constantly looking for this "indicator" that spits dollars everytime it delivers a signal. Everytime a "guru" has a well-put-advertised system that makes 300 pips or 2000 pips a ...

How much is forex costing you?

Success stories. That's the name of this thread. Well, let's see. I've been in this rollercoaster since 1982. Should say that Forex has been good to me. No complaints. Won't talk about dollars and cents because it migth mislead people into something ...

Success stories

Position traders, maybe swing traders and large institutions with big pockets usually trade those timeframes.

24hr, 120hr and 480hr

Isufreak After 1 year of demo trading and having my chart very much like a christmas tree with all kind of waves bands and everything in between, one day I decided to get rid of everything and look at exactly what you're looking at ...price action. ...

My simple way of trading

Witchhazel Thank you very much for the code. I was looking for that everywhere. Maybe I am asking something a little difficult but, well anyways. is there a way we can put a price label on the lines? sorry if I could cause any inconvinience Thanks ...

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