sknk has it right. "perhaps the real question should be why you didnt do that well in stocks." I'm pretty sure that almost any problems you had with equities will transfer over to FX as well. But they wouldn't be insurmountable, with patience. Not ...

unsuccessful stock trader can succeed in forex?

As far back as you can go. ...but in all seriousness, you are really just trying to learn where your system may falll over and have holes in it.. i.e. "When volatility month to month falls over an extended period my system would have to adapt" ...

backtesting, The past...

Yeah, trying to get used to the surprises myself! Tell me about it! Check out this site: IncredibleCharts The link I've given takes you straight to the support/resistance page, but even besides that, it's a wealth of free information ...

Concept:waiting for price to break.

Thanks for that FX. I'd been noticing that moves in the Pound seemed to be negating moves in the dollar often when compared to say Eur/Usd.. Cheers, Bundy

GBPUSD

I think this pair could go either way at the moment. I'm not one to delve deeply into the fundamentals, but I do take in what I can, and there is definitely a shift happening. U.S. appears to be slowing, but also, as a counter, some Euro data ...

Euro getting overvalued or not?

That's awsome! Never seen that before! Someone makeing a statement that is, in itself, the example. Well done!!

Euro getting overvalued or not?

Of course this works on even the smallest of time frames too. You will also often hear "Support Area" "Resistance Area" mentioned. A lot of major levels are loosely based around a particular price, but may allow minor penetration without technically ...

Concept:waiting for price to break.

Price breaks of support/resistance can be the most explosive of all moves. OK. Bare with me for a few seconds. I'm not sure of what you already know, so excuse me if this first bit is a bit of a rant... This is just about chaptor one of Technical ...

Concept:waiting for price to break.

LOL ...yeah I closed my pendings ages ago, personally. Better oppurtunities will come up elsewhere.

GBPUSD

Why would getting Bin Laden or hearing of his death cause an impact? The whole world knows al-qaeda is a group, not one person. In my mind any impact,if any, would be extremely short term.

SHORT the EUR/USD!?!

Good trade! I miss-read that the first time. Didn't look at the time frame! lol I'm not comfortable trading those moves yet. Though, after 9 months watching this stuff I'm beginning to get a feel for that accumulation that happens beforehand.

GBPUSD

Would be great to see this run out of steam here at the 9035-47 area.

GBPUSD

Playing a break low of the pin bar is a valid trade. No , it doesn't technically have the second eye yet , but the break increases the odds. It WOULD be better if the pin was longer though. Also, if you zoom out to the daily, you can see that there ...

james16 Chart Thread

My Aug 8 high is in the 9150 area on MT4? Anyway, I've got a sell stop in at 8989 with a trailing stop of 30 pips for starters. Would like to see a little squirt up first, but have a play on for the break down for now.

GBPUSD

Pity isn't it? That something that has become almost necessary to have, slows a PC down the most and in some cases causes more problems than it fixes! I would never tell a newbie to go without an Anti-Virus program, but at the same time I'd be ...

how to set up a trading desk?

With the risk of confusing you.... BOTH!! They are both the right type of moves to be drawing fibs off of. In fact you've done well! Some don't get it at all and pick all sorts of places. This is where confluence comes into play. Draw BOTH those ...

Help with Fibonacci retracement setup.

Except you know how it works? If you WANTED to take an account from 100 to %50 you'd make a profit! LOL

So I doubled a DEMO, now I have half of my LIVE deposit.

Mark's methods are very well laid out and simple to stick to. He focuses hard on risk management as well. If only his site didn't "look" like all the other con jobs out there! LOL I hadn't found the Forex Factory at the time. But I beleive both have ...

Review of trading book

Yeah, I suppose once one did it, the others had to to compete. Oh yeah!! That sounds totally aawesome. Do they give you the cash to start an account as well?

So I doubled a DEMO, now I have half of my LIVE deposit.

Oh c'mon! It's not that bright!! LOL

Best color combinations for charts