I am going to be a pain in the arse by asking you to study the M1 chart everyday looking at the size and angles of all the spikes. You will work it out yourself after a period. It took me about four months of studying charts to work out the Algo’s ...

Best broker for 4-7pips scalping

Hi Sunny Very small wicks don't discard the "No Interlocking" setups in my eyes. This is only my opinion of course. I am looking for 2 -3 wide ranging candles which start and end on top of each other with no or tiny wicks. These candles contain ...

Best broker for 4-7pips scalping

This is just the cost to scalp the market. At present over the past 3 hours, I have been scalping GBPUSD. So far I have taken 24 trades for a profit of just 68 pips (slow night). The cost to trade my way would probably be 1/3 of my profits however I ...

Best broker for 4-7pips scalping

Yes, five years till I became profitable. The badge you can now where is a Bronze trader as you are making some profits. At Ten to twelve years you may become a Gold badge owner where you are making consistent profits at around a decent wage level. ...

has anyone EVER seen a successful trader/trading system?

Hi FX-Gamer Trading the 1 minute chart offers the best chance of being profitable if you have a deep understanding of price action. Don't discard anything in this business unless you have sat next to a great scalping trader and see the magic they ...

has anyone EVER seen a successful trader/trading system?

Mingary Stop being so negative nelly. Tell us about your Monty hall problem, do you see solving this issue of releasing stream on your drawn down as a key to running any long term profitable strategy. I recommend traders read his binned thread and ...

has anyone EVER seen a successful trader/trading system?

Hi Striped If you go back too far, say 2010, your results will be different now. Back then the market was very different. The market since 2012 seems to mirror today’s actions (GBP pairs excepted). Cheers

has anyone EVER seen a successful trader/trading system?

Hi Ladd THE TREND IS NOT YOUR FRIEND Its a trap lead by the whole professional trading community to trap retail traders into losing money. Why would you trade a trend when 80% of the time the market is in a ranging market condition. The market preys ...

has anyone EVER seen a successful trader/trading system?

Hi Striped, Strategy’s are optimised over a three or four year period on purpose during a few different changes in market conditions. The idea is the model must be robust enough to be able to handle these different market conditions and come out in ...

has anyone EVER seen a successful trader/trading system?

Hi Josephcom You will find it hard to see a great curve because many good traders uses multiple accounts and trade a few systems. Generally what worked well last year may not work well this years so as a experienced trader, my Equity grows every ...

has anyone EVER seen a successful trader/trading system?

An ECN broker is a forex financial expert that uses electronic communications networks (ECNs) to give clients direct access to other participants in currency markets. ... ECN brokers are non-dealing desk brokers, meaning that they do not pass on ...

Best broker for 4-7pips scalping

It would be rude of me to comment further. Let SentiFX shows us his methods, I will keep my stuff away till later. Cheers Rick

Stop Hunting using Sentiment and Market Structure

Hi SentiFX I use Liquidity Gaps to trade all night long, here is how I see it and with NO losing trading days for 3 months, trading Liquidity Gaps work. 1.. Its worth looking first on how a Liquidity Gap is created and why. It is the speed of the ...

Stop Hunting using Sentiment and Market Structure

There are hundreds of strategy's that are profitable - for the Algo trader There are few strategy's that are profitable - for the manual trader Why?

How many trading strategies can there be?

Hi Ysfx Why do you thing Fundamentals have anything to do with moving price. It was just a Stop run because dumb buyers believe in resistance bullshit so they place their stops in a pin with a herd of sheep. There was probably thousands of stop ...

Explain this drop in eurusd at the absense of any news

Great retreading Anthony, I will follow your thread Cheers Rick

Scalping Gold using WPR

Hi Flight Yes, but many EA’s that make big profits on many months will also have big losses on other months. You are looking at this the wrong way. All you need is to find a EA that makes around 10% profits per month without going into any major ...

Best broker for 4-7pips scalping

Yes, hedging if you scalp allows a second chance on a basket, kind of like a get out of jail free card. ONE method I use is to simply hedge at 10 pips when I am scalping. If I am wrong, the next trade I double my trade size and just aim for 10 pips. ...

The Secret to Success and profitable trading - What is it?

I voted YES BUT 90% of Manual traders Lose - NO (Unless you learn to scalp) 90% of Algo traders Win - YES I just spend three weeks traveling Europe while trading out of a laptop. All I need is 10 minutes a day to check my VPS accounts working ...

Would you recommend trading?

Price doesn't give a stuff about news, just moves to Liquidity zones normally within 1 pip. Buyers buy and Sellers Sell but price only moves to run stops caused by traders doing what they do best, make stupid trades.

Cable Update (GBPUSD)