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Kanzler replied Mar 1, 2013Hi Lance, Running the test itself should be straightforward and any good platform will have the ability to do this - I would suggest you download MT4 as it's the most popular software program used for this type of thing, and you'll find plenty of ...
What was it like when you started? Don't know what's gone wrong!!
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Kanzler replied Feb 28, 2013Looks good....I have a limit order set here but it hasn't been activated yet. Short on Aussie and Kiwi at the moment with running profit, we'll see how those pan out.
B.S. Trading with Kenneth Lee
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Kanzler replied Feb 28, 2013Program an EA for that and backtest it. You'll be disappointed.
What was it like when you started? Don't know what's gone wrong!!
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Kanzler replied Feb 28, 20131.31320 is another opportunity to short but it's not really ideal with it being tapped once already....leaves some doubt in my mind as to the integrity of the remaining (?) order stack. Good thing there are other markets to trade while I wait.

EURUSD
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Kanzler replied Feb 28, 2013Flat for now with a bearish bias, looking to sell around 1.3878. Probably won't get there though.

EURUSD
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Kanzler replied Feb 28, 2013If you're referring to Martin Luther King, I would say certainly not.

After entering this world of Forex are you able to get out of it?
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Kanzler replied Feb 28, 2013Doesn't work and I'll tell you why. You need an edge to get any profits out of the market - if you believe indicators are mostly wrong, you have an edge provided you can work out an appropriate stop and take profit....opposite signal for example. ...
Reverse Trading
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Kanzler replied Feb 28, 2013Each depends on the setup, with risk adjusted to 2% with my position size. I place stops above where I believe the level of supply or demand ends and the take profit is at the next level. I'm not consistently profitable though, still exploring this, ...
EURUSD
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Kanzler replied Feb 28, 2013Nope. Price is at a minor supply zone right now...very tiny range the last 2 hours so I suspect we'll see a move soon as one side becomes exhausted. Looking to sell at a higher level around 1.31788.
EURUSD
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Kanzler replied Feb 28, 2013When the world offers us a dead job market, a corrupt economic system in which the mega-wealthy prosper at the expense of the middle class and poor, and a lifetime of servitude working for someone else if you play by the rules like a good serf, ...
After entering this world of Forex are you able to get out of it?
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Kanzler replied Feb 28, 2013The problem that you have is you don't know what you don't know, and it will hurt you. I've been at this for a little over two years now and I only recently started to understand how this game is played. Stop throwing your money away and open a demo ...
Why do Newbies Lose?
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Kanzler replied Feb 28, 2013Anybody else going to give this upper demand level a try?
B.S. Trading with Kenneth Lee
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Kanzler replied Feb 28, 2013You had a good zone picked out, I got burned on it too.
In my studies I've found that it can take a few strikes before you hit one that makes up for losses and gives you some surplus profit.B.S. Trading with Kenneth Lee
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Kanzler replied Feb 25, 2013The first thing you would want to find out is if someone is even profitable.
Also I would tell you that buy and hold trading is a flawed strategy at best....worked for the uptrend in the stock market for the late 20th century but I wouldn't bet ...Not enough time to be full time trader, so i do this. Good idea or not?
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Kanzler replied Feb 24, 2013When I first started I thought I had this thing in the bag. I get enough indicator confluence how can I go wrong?! Well...it's not that easy. Save yourself a year or more of frustration and ditch every single indicator, including the moving ...
What was it like when you started? Don't know what's gone wrong!!
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Kanzler replied Feb 24, 2013Just have your limit orders ready once it reaches it, I have a good hunch that it'll take off pretty fast.

EURUSD
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Kanzler replied Feb 24, 2013I'd be surprised if we didn't make it to 1.31 before the big bounce upwards. Major demand level there and I bet that's where we'll see the big bulls enter their positions and bears liquidate theirs.
EURUSD