I wonder if you are working on the correct time. GU long was triggered and depending on whether you include spread, it was a win or a loser. Needs to be clarified whether we just work on the bid price or include the spread when placing SL and TP EU ...

Jerry's new session break-out strategy

What I find beggars belief. He posted 4 trades on the no results thread url 3 losers and 1 that he claims to have closed when it made 30% profit. Note that is 30% of the risk on that single trade, not a 30% increase on the account. So his 4 trades ...

How to tell if it is a scam?

You don't want to wait 2 years to get big money by trading your strategy. YOU WANT IT NOW! Impatience is the downfall of 99% of traders. Your strategy is not technical, it's mathmatical and statistical. The secret's in the lot size. I'm almost ...

If you have a powerful strategy how can you sell it ??

That's a pretty good commission rate and spread. GU is no commission but 2 pip spread with my broker. Your SL are very tight, but would be ridicoulously tight with my broker as I lose 2 pips when I open the trade. All the best

My strategy to become a full time forex trader

What is the price on the chart that you use, is it mid price? Did you enter when mid price was 1.60455 with the stop set at when mid-price is 1.6049. Ie your stop is 3.5 pips plus spread?

My strategy to become a full time forex trader

I seriously doubt that the "Big Players" will pay any attention to daily pivots. As already posted, it really is much better to look at areas where price has reacted and draw your own S/R levels. I know that there are many fans of Daily pivots and ...

Need help for simple question: Who got the right S&R levels?

Is this a different holy grail to the one you had at the start of the thread? From post #6 Now you use pin bars?

The Holy Grail - Found

I believe that you can change the start date so that it doesn't include your test trade. Yes, it does seem that money can buy you love, but at $50, it only bought you about 30 minutes of love 10 years ago. Luckily I could love myself for free I ...

Trading Room for traders with FF Trade Explorers

Couldn't find an investor password for my live account either. Maybe because it was opened before my broker was added to the list. When I opened my FXPro demo account I received the password in an email. I haven't been to vietnam for some time now, ...

Trading Room for traders with FF Trade Explorers

I've been looking at break-outs from small areas of congestion lately with ignoring whatever trend is percieved. The Asian break-out is a very well known and not always succesful method. Session break-out is a bit different and does make sense. I ...

Jerry's new session break-out strategy

A move DOWN to 1.34xx area ???? It's at 1.3067 at the moment.

Simply TRADE TO MAKE MONEY! easier done than said

You are obviously a very smart person. Your previous post might as well as been in chinese as I understood none of it. But that's my shortcomings, not yours Now I will definitely leave this thread as my brain won't allow me to understand and I ...

Probability depending on distance

I'll leave you guys to it. This thread has now gone way beyond my level of comprehension. Bull.bear, I see your signature and I have to smile

Probability depending on distance

Losing streaks are inevitable and anyone who wants to be a trader should accept that they will happen. My biggest losing streak was 11 consecutive trades, and I have to admit that really affected my head. This is why a trader should limit the risk ...

How do you cope with losing streaks?

If you have a large price range at the beginning of the chart followed by a smaller trading range, the latter part of the chart is compressed. If you draw a trend line the line may well be a lot less than 45 degrees. Move the chart along a bit so ...

-45 Degree Trendline Angle In Bear Trends?

Having a disastrous first month when starting out trading can be looked at positively. Many moons ago when I first dabbled with forex, I had an absolutely brilliant first month. I thought that it was so easy and that I was invincible. It took me a ...

My second week of trading

Reese, this is my understanding of what 5% wrote But I maybe wrong. When says that he trailed his stop, I believe that he means that he moved his stoploss, not using a trailing stop as such. Buy at 1.3225 Price rises to 1.3300 Price then retraces to ...

My 5% Trading Understanding with the Market

I'm not really sure what you are asking here. If you trade with a 10 pip SL and 20 pip TP, it is simple to work out what % of your trades would need to hit TP for you to break even. I don't see how you could work out mathmatically, the probability ...

Probability depending on distance

The way I read it, he enters long positions with a buy stop order and short positions with a sell stop order.

My 5% Trading Understanding with the Market

I don't use a physical SL, I use a mental one and exit my trades manually. I don't trust my broker re Stoploss hunting. Damnit! Lost my internet connection!

Last words of a trader