I have a small issue regarding the daily though, alot of times it will reach overbought/sold but it will continue and not reverse. when should we wait to get in on the new direction? or is this the time we look at the weekly and monthly? thanks ...

Trading is supply and demand

Open an account with OANDA (not my best friends)...but you will be free to trade without fixed lots. You can trade in units. Start risking very very little, say: 1 Euro. Your risk is called R. R= the distance to your stop, it doesn´t matter if you ...

Need help about how to manage money, account, in Forex

The opposite would be: Risk 1 K with a 5 pip stop Take profit with 50 pips and 10 K in your pocket.... The imbalance beauty of forex... Everyone is waiting for pink to give us the formula...time´s up... I´ll stick to mine...it´s working.... Good ...

Trading consistently for profits

This is getting more and more misterious...don´t know if Pink´s got the holy grail, but he sure managed to get a bunch of people hooked..it´s fun...

Trading consistently for profits

Randomness or not.... 5 majour banks trade roughly 60% of all forex volume...(please google for precise details...) They use robots ....massive computer power....plus deep deep pockets.(billions) They can see all orders, stops longs and shorts. They ...

Trading consistently for profits

Martingale= Black Swan....it´s just written in the hidden code of all markets.... It can only "work", provided you put a limit, and you calculate how many good runs you need to absorb the Black Swan... And more often than not, the market could turn ...

Trapping System: Tunnel Martingale

cool trading,cool music...

Scalping the Mini Dow off the M1 Charts

I think stop running is the key to reading the hands of the big boys....shows what theyré up to...they hide as much as they can, remember they own the shop....like a gigantic orca hiding in the depth, but if you look carefully, you can see the shade ...

Scalping the Mini Dow off the M1 Charts

Interesting to me the key is the stop run on the second spike down, that´s the Big Boys hand, collecting retail money, to push them up....the last spike down, that didn´t quite make it so deep, is to scare week hands that trail a stop too ...

More simple is impossible

The problem is the robots (algos), of the Big Boys, will make those 10 pips from you...consitently....you will hardly find 1 % of traders shooting for that, that really make it consistently... Big Banks, the Fed and their robots own the ...

10 pips a day can make you rich quickly

Robots and algos don´t think... They just gert rich...

Think and Grow Rich by Trading