You got that right! Pip hunting was in play.

Cable Update (GBPUSD)

Thanks plymgary. Insightful.

US Midterms - How will it affect the FX markets?

My EDGE: Limited exposure to the markets by scalping Use stops and targets EVERYTIME Allow market to hit TP or SL (so i don't sabotage my own trades) Take trades ONLY in direction of 5min and 15min trends Trade ONLY EurUSd Stick with my ...

What is your secret and edge?

I wouldn't want to trade on the first day of trading.

Forex Trading Philosophy

i guess ur quest is over now? or not so?

Million dollars dream - starting from $1000

U can make consistent profits in trading but not every time will d market favour you so u need to minimize ur losses and u dont feel pressured to deliver or to impress. If u understand the nature of the markets, you would know that these ...

Tim's £500 marathon. Goal £1 million

Why not pay yourself as the markets makes money available to you. RR is on of the cute theories about investing but in the Currency market you need to bend the rule because the market owes you nothing. A proper RR ratio is not always guaranteed. ...

Tim's £500 marathon. Goal £1 million

i believe Consistency has two parts: The disciplined approach in executing your system and the other part, which is Consistent profits. If one focuses on the former with enough trade sample size, then you might be able to achieve the latter. Only ...

Tim's £500 marathon. Goal £1 million

@OP I support your quest bro. One thing I have come to believe about the markets is that "the market has unlimited potential for profit or loss". Anything is possible. If you can continue to manage your risks efficiently, the profits will come to ...

Tim's £500 marathon. Goal £1 million

There is no tool or indicator that is worthless in trading. Its either you understand how it works or you have what you use currently that's working for you and you could choose not to care about other tools out there which could be as effective ...

Moving Average Crossovers: Worthwhile or Worthless?

An edge is simply the (higher) probability of one thing happening over or after another. Your edge doesn't bring u profit or loss. Ur edge generate results, positive or negative. There is no certainty of outcome in the markets, but probabilities do ...

Trade like this, and I guarantee you'll double your account

It is good to daydream and fantasize about making millions with just $50 investment. Sure , u can. well, maybe after 20 years of trading ,u might be half way there. What I have discovered while trading live is that no matter how good or ...

Rags to Riches in 10 or 20 Trades - Simplicity at its finest

I may not know why candlesticks were created but personally it gives me an easy visual perspective of which sentiments are at play much easier than bar price charts. "Candlesticks are the accumulative knowledge/sentiment of everybody participating ...

About Candlesticks: Why they were created? What do they reveal?

Market timing is key to flawless trade execution. Some authors even refer to technical analysis as market timing. When u have identified a trend and the subsequently a signal/setup, "scaling down" to lower time frame for execution gives u the chance ...

Does timing of entry really matter, or just direction?