I appreciate your reply, but I still don't understand why anybody would want to do this. It's like looking through a pair of glasses when you can see perfectly fine without the glasses. Most of the indicators factor time into their results, so ...

Price Action/Renko systems

In general, I agree that meddling is negative, especially when your emotions are the driver. Plan your trade and trade your plan, as they say. There are some rare cases where price doesn't behave as I expected it to, though, such as stalling out for ...

Cutting Losses Before Your Stop

I tried messing around with renko charts around a year ago, as they make it relatively easy to see important support and resistance zones. However, one thing I notice that renko charts obviously cannot display is the factor of time. With regards to ...

Price Action/Renko systems

You have a lot of bones to pick, but I realize that arguing each of them would cause this thread to be a huge mess. I would like to say, however, that your comment on your automated system has several incorrect assumptions. I don't think anybody ...

Forex Reality Tour #1 - Market Trend %

Classic support turned resistance and vice versa. When one learns about supply and demand this concept makes a lot more sense, but I completely agree. In fact, I find that typically they're more reliable. This stuff is gold Seneca pilot, and it ...

Ramblings of a Forex Junkie

Confirmation typically should only come at the cost of a small amount of the return you expect to get; I suspect that taking every level by intution probably serves as well but if you don't have a lot of experience it doesn't hurt much to wait and ...

Ramblings of a Forex Junkie

I think you bring up an important point that's often overlooked when discussing a methodology, which is the fact that you're going to have losers. A lot of people want the method or system that's going to give them an overwhelming number of winners ...

Ramblings of a Forex Junkie

I was starting to wonder if it was ever going to start moving after stalling Monday. Was considering dropping the position completely if nothing by tomorrow near close.

EURUSD

NZD/USD just dropped 80 points after ranging all week. Finally some movement for my patience.

EURUSD

Whatever, it's your money. I'm not going to discuss this any further, I've made my point already and people are free to take my advice or leave it.

Is there an "easy" way to trade on Forex?

No, I haven't proven my method to be profitable, nor do I have the proof that it is. I've had success so far with it but nothing close to statistically significant results. The rationale behind why it would work is sound, however, and my previous ...

Is there an "easy" way to trade on Forex?

I dropped the subject at this post, but you couldn't help but continue jabbing on once I was away from the thread. You present yourself as an expert on scalping while admitting that your success has been sporadic, but have no problem trashing my ...

Is there an "easy" way to trade on Forex?

Yet you post for a whole page about how awful swing trading is as if you have the answer. Laughable.

Is there an "easy" way to trade on Forex?

The reason nobody can come up with a source for these numbers is because there's no scientific study backing them. Extremely likely is that someone eyeballed the charts and others instinctively agreed with the ballpark figure. But given how ...

Forex Reality Tour #1 - Market Trend %

In one of his posts I believe he says he puts his stops "where price won't get it" above the supply or below the demand zone. If I have a reliable PA setup I'll use the highs or lows as a guide instead. Limits are something else, I have some issues ...

''Trading Price II'' by PhAnti - have fun

Likewise, I exited at break even the other day. My luck the market drops right after almost to the pip, and I get back in at 0.84013. Price jumping up and down all day long and I figure I'll just leave it alone, it's not worth making the same ...

EURUSD

KiwiTrada you still in that kiwi trade? That non-important negative roll is starting to really eat me alive.

EURUSD

Daily closed without breaking price pivot supply turned demand zone, which would be a good entry if there were confidence in the market continuing to rise. Given that the bull market is starting to slow down and bearish divergence is becoming ...

USD/JPY Discussion

Like everything else in trading it seems both the terms "trending" and "ranging" are highly subjective and as the market is fractal, price can both be ranging and trending at the same time even according to one person's definition. I stopped trying ...

Forex Reality Tour #1 - Market Trend %

So it's not really the trading that's hard, it's being there to take them is what I gather. I guess that's fair.

Is there an "easy" way to trade on Forex?