Hi Dharma, Please, keep your charts coming. You and 131 are a credit to the ethos of this thread right now and by comparison, my contribution is woeful right now. I have my excuses, I did a 550 mile round trip yesterday and believe me, in the UK ...

Trade what you see NOT what you expect

You have a certain style to your prose sir! "Code your Bot with what you would do in any given situation" Here's the nub about bots for me. I wouldn't know where to even start with this. I now trade things just because "i've seen this before". I ...

Do Software Developers Make Better Traders?

Morning mate. I should think interest rate decisions in the UK are pretty much a given for the rest of this year. Can't see any possibility of them changing it whilst we are still in this slump. Does this deaden the impact of the news when it's such ...

Trade what you see NOT what you expect

Surely the best way to trade is to leave your entry to run until the market "takes you out" but printing a formation that creates a setup counter to your current entry? You then either hedge you current entry if you think it has further mileage ...

1:1 Risk Reward Ratio - Why it just makes sense

Morning all. Good to see some different people contributing. Been very busy of late so only H4 trading for me. GU starting to look a little bullish again on D1 at prev R. Happy trading all.

Trade what you see NOT what you expect

Oh man, I can relate to this. This held me back enormously, more than I care to think about. During my very early days, I back tested a method for weeks on end. It was a really simple method using Bollinger Bands and one indicator (the days before I ...

Do Software Developers Make Better Traders?

Hi and many thanks for your kind words I agree though, I wasn't necessarily suggesting that the mind is the only important thing to look after or that a healthy mind isn't also connected with a healthy body. I was just pointing out that the most ...

Mind Circus

Eradicating negative thought processes is possibly one of the most health beneficial enterprises that any of us can do. It's something I've done but something so few people ever think of doing. Most people believe it's some kind of new age hocus ...

Mind Circus

For me, it's a question of culmination. Enough time spent staring at this seemingly random pattern of price movement over a few years will begin to open your eyes to oft repeated patterns. Patterns in waves, in candlestick formations and with how ...

Why it is possible to predict price movement?

Super stuff fella. Oddly, I had no gap on my feed.

Trade what you see NOT what you expect

Likewise mate and really great to hear you've had a look at FT. It isn't perfect but it's a long way towards it. I spent a while comparing the data against my Alpari charts from the last couple of years and it's pretty damned accurate. I just wish ...

Trade what you see NOT what you expect

Thanks buddy, you have vouching rights If you get the chance, have a look through Kodziro's old posts and charts if you haven't already. He's a very adept and experienced trader with some very smart and clever approaches to trading the market ...

Trade what you see NOT what you expect

As soon as I heard about the news, I was certain she'd fall but there was no entry to be had with a risk that I was happy with. Oh recession, how i've missed you so

Trade what you see NOT what you expect

Morning mate. Yep, seems a fair bit of weakness appearing on cable now but the weekly still has a fairly bullish look to it. The weekly close did suggest that we could see a retrace this week though as it closed around the resistance area. Looks ...

Trade what you see NOT what you expect

Never had Hicks, must try some on your recommendation. I think you may be on to something with the water, there certainly is something about the beer down there these days. I just love Tribute on draught, I can drink it until I drop (and I will, ...

Trade what you see NOT what you expect

Welcome back 131 Glad you had a good time, the rain is just par-for-the-course down there! Some lovely ale coming out of the county these days. The ubiquitous Doom Bar and Tribute are both excellent pints (esp Tribute) and I had a seasonal beer ...

Trade what you see NOT what you expect

There is no reason to blow an account, that won't stop most doing it. I began trading with about .5% risk and still rarely risk more than 1% of my equity on a single open position. I lost maybe 20% of my account at my lowest ebb but never got close ...

How many real accounts have you blown before consistently making money in FX?

Nice and easy. Won't always play out as textbook but do enough of that and you won't be far off making it.

Best place to learn and become a consistent trader?

That, just as a standalone statement, is why trading is such a trap. It is incredibly simple in concept. Two directions price can go in, choose one and see what happens. I think a little part of every trader thought it really was as black and white ...

Zero Sum Game - Debt

I took that very same trade I think this is where a lot of traders go wrong. They look for a trend because they have been told a thousand times that the "trend is your...." i'm not even going to finish it off, i'm that tired of hearing it. The ...

Best place to learn and become a consistent trader?