To me, it’s just encouraging buyer stops below that resistance area then it’s going to drop like a stone. Sell

Cable Update (GBPUSD)

Hi FXBenchmark Great that you are doing well but I never said you can’t be very SUCCESSFUL. It’s just your spread fees are probably double or even triple ones offered to me during the early London session so I saying the cost to trade the Asia ...

Best broker for 4-7pips scalping

Scalping the Asia session doesn’t really make sense, there isn’t enough liquidity to get decent spreads so why bother. Your broker will be happy I suppose. Now trading the London session during the peak times, I get 0.02 or 0.01 spreads on EU / GU ...

Best broker for 4-7pips scalping

Hi Anthony Also look at EURCAD if you aren’t already, a great pair to trade M1 on. I rate my fav pairs in this order. GU GN GJ EC GA EA USDMXN Cheers Rick

Sunny Coasting Along

You never know if a broker is good or bad tell you try them out. For example Axitrader offers good spreads on paper. However they are not the same spreads as they promised me and it can take 5 seconds to execute withs is terrible if you are a ...

Best broker for Australians

Easy, IC Markets and I should know as I also trade with 5 other brokers.

Best broker for Australians

Yes, IC markets is the best broker for scalping. I trade many 10-15 pip trades but have been known to trade 2-3 pip trades as well.

Best broker for 4-7pips scalping

We need manipulation of the market to occur so I do give a flying FX. We would have less chance of being profitable if one big player could move the market 100 pips to hit their targets. TA rules would collapse because there could not be any logic ...

How does the FOREX price move and who decides on the prices?

No Just one Algo does all the work. It doesn't matter how much money the big players have, if one goes short at the same time one goes long, nothing happens. Its just a waste of money and too much risk for them. The Algo runs a code which can be ...

How does the FOREX price move and who decides on the prices?

Hey Aussi Please explain more because win rate doesn't tell us the full story. I have a EA that wins 94% of times and another model that wins 99.4% of times HOWEVER the win amounts are small and the few loses can be very large so they don't give the ...

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

We all know you want to show us your latest new Mercedes you brought from this year forex winnings so cut the rubbish and just show the car

Trading Made Simple

Tekkies - remember post 97,641 I don't trade a strategy, I trade with a understanding of price mechanics and can see the traps the Algo Sets. We can't win unless the market is manipulated heavy, because the traps set by the Algo can be seen then ...

Trading Made Simple

Hi Daniel Lets get the ball rolling on win rates and discuss what really matters to the bottom line of our accounts. First of all I do achieve around 85% win rates trading methods like George has laid out but this does not give other traders here ...

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

Understanding when a Grind starts and stops should be the primary task for every trader who wants to make a living trading Forex Answer that question correctly and you will be a very rich man / woman. SHIT - Pretend I am not here

Trading Made Simple

Totally agreed Skyway, this is the last post on Reversal trading and other related matters here. You know since George shut down his thread, there are a few traders wandering around without a place to post. Anthony & Daniel have some good threads ...

Trading Made Simple

Anthony I forgot to mention this issue and its one George never understood what I was going on about. On almost every decent looking Herd Box, you will find a Vacuum space within the zone. See how price returned to this exact spot at close of week. ...

Trading Made Simple

Hi Anthony I know you are aware of the stuff I am throwing out here so it will be no surprise to you what the ALGO is doing. Its enticing more Sellers into the market then on some day next week or the week after, its going to CLEAN OUT every Seller ...

Trading Made Simple

Here's why it happen Trekkies. Britpips7 got it wrong, it had nothing to do with news but just manipulation of the market by the Algo. Simply it was still chasing Liquidity from previous recent price action. That was mainly stop losses from sellers ...

Trading Made Simple

Hi Tekkies my old mate, Post 97563 Yes I can explain what happen 100% on that move. In my next post I will show you why it happen and where you should have traded it without losing a trade. Of course in hindsight, we are all great traders and never ...

Trading Made Simple

Hi Tekkies The Algo is an entity that moves the market all the time because this is the only way the market can move without a major news item giving it a push. I read somewhere it takes 50 million dollars to move the EURUSD one cent provided no ...

Trading Made Simple