Did I do this right? — Can anybody help me out? I am wondering if I did this chart right. I posted a pick but also a template if the pick isn't good enough. Since I am new to this strategy the first step is making sure I understand how to draw ...

Fibonacci Trading with Bobokus

Hey Bobokus! Great thread. I am a newcomer to it but will be following it now. Currently I am on page 5 (I have a lot to read to catch up!). I would really like to know how to use fibs better. I use them already, but not like you. Seems like you ...

Fibonacci Trading with Bobokus

Yes, and it requres work, just like any business enterprise. But what other job allows the freedom to work from anywhere, anytime (24 hour market), no boss or annoying co-workers, no politics, no ego problems, and has an unlimited income potential ...

My life, as a trader

You've perked my skepticism, but also my curiosity. I'll check it out. I have an open mind.

Exit Strategies

Ok, sounds good. If there was that organized of a structure in the markets that would be wonderful. Can you prove it with an example or a chart please? If you are really trying to help hopefully you will offer more explanation and proof so we can ...

Exit Strategies

I don't have a clue what you are talking about. Can you elaborate more or perhaps post a link to a thread that explains this in more detail please?

Exit Strategies

My scalping exit for letting profits run — It is hard if not impossible to pick a top or a bottom when trading, so here is what I do: I scale out of a trade by manually trailing stops. How? Have multiple positions open on the same market move ...

Exit Strategies

222.64 on overbought RSI. Lucky it was mini lots! Right now I am going to wait and hope the downtrend will save me. If not I have a stop in place.

Daily GBP/JPY analysis

heh heh

Daily GBP/JPY analysis

Maybe someone caught it by pure luck. I was on the wrong side of it personally.

Daily GBP/JPY analysis

Here is what an analyst says: 02:58 Abu Dhabi Invest Authority To Buy $7.5bln Of Citi Equity Units anybody know what that means to GBP/JPY? (is that what caused it?)

Daily GBP/JPY analysis

Wow — Anybody make anything on the 250 pip rally in the past hour or so?

Daily GBP/JPY analysis

I second that. That is how I trade. Find a trend confirmed by many timeframes and go with it.

Boogie Man Is Coming To Get Pips...

Thanks for showing us this system Umair, I am going to test it out as well. I have my own method of scalping using mostly just RSI and a few other indicators for confirmation. I'll try your indicators and see how it goes. I know my own method works, ...

Boogie Man Is Coming To Get Pips...

Thanks for your critique! Comments below:

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

Mysticgenie, Since you are using FXCM, do you use their SSI data along with the COT report? Why or why not? Jared

How I Turned 1k To 100k In A Wk!!!

Ok, good point. However, the reason I took this trade in this direction is because it was not counter trend on a longer chart. On the 5 min it was trending down (see attached chart). It looked like the market was correcting from the downtrend and ...

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

What did I do wrong? — Ok, here is a trade I just made with GBP/JPY. Purple circles are where and why I entered, brown circle is where I was stopped out. Did I miss something? What did I do wrong?

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

That is what I understood it to mean. Although, I still don't know if it's better than using the RSI like I mentioned before, and just keeping the default settings on the lags. The downside is you have to add another indicator if you add RSI though. ...

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait