- Search Crypto Craft
- 303 Results (17 Threads, 286 Replies)
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fxRichard replied Aug 26, 2008The problem is trading is not necessarily so easy, what's funny is to make a trade you have to go through like a 10 page wizard lol....anyway
Can I make money on difference?
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fxRichard replied Aug 26, 2008There are a few issues that need to be pointed out here, first off each broker will have differences in their pricing on their data feed so you cannot rely on this unless you are seeing one move before the other etc. Secondly I highly recommend ...
Can I make money on difference?
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fxRichard replied Aug 25, 2008lol Depends on your style, to say nobody trades in the first or last hour of a session is too funny....these are some of the most active market times, for scalping this is prime time! Trust me more people trade during this time than other times. To ...
Need your advice on account conditions
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fxRichard replied Aug 16, 2008What PhilMcGrew said makes perfect sense. Personally I have a method I use and adapt it into a system which includes MM/Risk etc. My method of trading is solely discretionary however I have an extremely high hit rate and trades are based off of ...
Do I NEED a system?
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fxRichard replied Aug 16, 2008lol brought back from the dead! I love it when people say scalping doesn't work and is not profitable lol you can hand me your paycheck from your 9 to 5 job now

Scalping is the doorway to real trading
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fxRichard replied Aug 7, 2008I do this every day on a 1sec timeframe with big lots, minimal risk as market exposure is minimal, and bring home amazing returns.
Scalping the Rainbow
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fxRichard replied Aug 7, 2008Now that you have found it try using it on an even smaller timeframe with bigger lots and watch what happens

Scalping the Rainbow
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fxRichard replied Aug 6, 2008I don't think so Currenex demo does not usually have partial pips with spreads this low, EU on currenex demo has much higher spreads...just my input...looks like live act or live view anyway. EDIT: Then again the first image of currenex demo shows ...
Currenex vs Hotspot FXi: Life view screenshot
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fxRichard replied Aug 3, 2008Leverage DOES allow you to make and lose more else higher leverage would not be offered. I think you are looking at it differently than the OP. For example in the original posters case say he has $10,000 and wants to trade with 3% of his account per ...
Earning 150 pips per month consistently - is it possible?
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fxRichard replied Aug 1, 2008You do not need to study either of these if you plan to trade forex. Let the charts be your study guide. Watch one currency pair on one timeframe, learn how it moves, learn the patterns and the ebs and flows of the market. This is all you will ...
Should I study Economic or Finance?
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fxRichard replied Jul 30, 2008Thanks for the input guys I will definately have to do some more research into them and look into these issues.
Dukascopy and instant execution...
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fxRichard replied Jul 29, 2008If your method is only good for ranging markets why not just trade then? No one says we have to be in the market at all times
I'm in the market for roughly 5 trades a day, each lasting seconds to no more than a few minutes so I would say tops 10 ...Chronicles of the Price Action Scalpers
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fxRichard replied Jul 28, 2008Hmmmm what's wrong with the release? Basically it's saying that they will start offering a white label program so banks and other brokers can offer access to their platform without having to have the initial $50k investment. This is actually a good ...
Dukascopy and instant execution...
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fxRichard replied Jul 24, 2008Also how do you think a lot of pit traders trade? If they were long term traders wouldn't it be more beneficial for them to make trades over the phone versus paying the high fees associated with trading in the pit? I know I personally would not want ...
Net/Long term effect of habitual low pips targets on account size
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fxRichard replied Jul 24, 2008wow this thread is too funny! It is much easier to determine what is about to happen 10 seconds from now than it is 1 hour from now. What is easier to catch, 5 pips at $500 a pip or 50 pips at $50 a pip? Which do you think will happen faster, a 5 ...
Net/Long term effect of habitual low pips targets on account size
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fxRichard replied Jul 22, 2008Purple rainbow as shown here is not the same and not recommended. Rainbow is only a portion to successful scalping, it does take a lot of screentime (I guesstimate I have about 700 hours), once you learn your currency pair with the rainbow it's a ...
Chronicles of the Price Action Scalpers
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fxRichard replied Jul 22, 2008One cannot tell you exactly how to trade with the rainbow, you have to get a feel for it and learn the patterns of the rainbow in conjunction with the way price moves with it. How fast price is moving along with many other factors help determine an ...
Chronicles of the Price Action Scalpers
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fxRichard replied Jul 21, 2008I trade off of a 1sec chart and can tell you that even if my brokers fees were less it would not change a thing except the amount of money I make per trade. Their fee's have nothing to do with a nice setup, or the market moving in your favor.
Would you trade more if broker fees were lower?