i think it is dangerous to think of the market as an ATM or a paycheck that will give you money on a fixed basis if only you crack the formula. i think it is better to think of the market like the weather: you have to adapt to what it gives you, and ...

Reasonable pip profit target per pair

candlestick patterns.....wait for the close to confirm a breakout. also, it's nice to see the market consolidating before a breakout, rather just going parabolic into a key level. if you pay attention to the context, you can get a clearer idea of ...

How Do You Identify A Fake Breakout?

i don't trade for a living, but i have been trading profitably for 6 years now. I'm averaging about 22% a year, although it's been growing and I'm getting more confident. I think in a few years I'll be able to trade full-time. I still have a bit of ...

I trade my own account for a living. Tell your story

exits are not necessarily just guesswork. you may wish to check out this thread which has some good comments: url in my opinion it basically comes down to knowing whether you are range or trend trader, as well as knowing what type of lifestyle is ...

Are exits just guesswork?

i think you should consider whether you are an range trader or a trend trader. if you are a range trader, you can just exit at support or resistance. here is an article that talks about that: url if you are a trend trader, you should consider ...

Improve My EXIT

i've been trading eurusd using signals from bkforex url they're bullish on eurusd over the long-term, and trade ahead of news results that in their analysis will generate a positive movement. the attached chart illustrates the entry and exit ...

Trading EURUSD only

my top picks: jack schwager's books: url boris schlossberg and kathy lien also have multiple great books: url last but certainly not least, mark douglas: url i think reading these books can help any trader focus on what's important in ...

Recommended forex books

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Need candlestick alert

yen has a long way to fall. this will last for years. but, personally i'll wait for the pullback.

Is the Yen Still a Sale?

here is a good video on paul tudor jones' approach to trading, it contains a small clip from the movie "trader" : video i liked the full movie because i enjoy trading, but as others have noted it is not very educational.

Paul Tudor Jones- "Trader"

jadedmikey has the right idea. price action is king, keep it simple and focus on support and resistance. most importantly, though, is you seem to be very focused on technicals to find your entry/exit. this is important, but that you were up $200 and ...

Need help with my H4 TF settings

wow, great thread! subscribed

Ratios & Harmonics: a Different Way to Trade