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Monroe replied Mar 22, 2010Forex factory is a great thing, but also something that can hinder the trader. Why? because there are a million different trading methods (or systems if you like that word better) for people to "try out". When that system fails, they just say "this ...
Central Banks & Big Players
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Monroe replied Mar 22, 2010The reason why I barely post at places like this is because people just want a fast and easy way to make money. Trading forex consistently is not an easy business. You have to have a lot of practice just like anything else in life you want to become ...
Central Banks & Big Players
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Monroe replied Mar 21, 2010well, came back on me but hey... I moved my SL to +10 after the spread so a good first trade. But I think it might continue up a bit before a turnaround unless it actually does breakout further down but there is no real direction as of right now. ...
Central Banks & Big Players
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Monroe replied Mar 21, 2010allready locked in my 10 ticks for today on gbp/usd on the false break with max leverage. lets see what it does. image
Central Banks & Big Players
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Monroe replied Mar 21, 2010frankkn, yes, break even means you lose no money... 0 loss. Including the spread. especially if your trading high lots.
Central Banks & Big Players
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Monroe replied Mar 21, 2010Yea, I hear you Tony, I wouldn't call your method exactly scalping either, as in how I scalp, but it's very similar in a few key areas. I would call your method swing scalping, lol a new one. I know of some scalpers that trade this in a very similar ...
Central Banks & Big Players
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Monroe replied Mar 21, 2010Hey geomink, sure, I'll try to explain what I mean about what I've said there... You can make money trading higher timeframes, but you need a lot of money or a lot of time to make it. What can you do for your account in a months time trading dailies ...
Central Banks & Big Players
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Monroe replied Mar 21, 2010Tony112... excellent man. This is a fantastic method. I have not posted much on here. But I have been scalping for the past few months, I have only been looking at FF for news warnings. Last night I was bored and decided to look through how some ...
Central Banks & Big Players
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Monroe replied Sep 10, 2009joelcf, your the man bro!!! thank you!! I get it now... Wow, exactly what I was looking for. I have read about position size, I just didn't completetly get it. You explained this perfectly, that's kick ass. Thank you very much for taking the time to ...
james16 Chart Thread
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Monroe replied Sep 9, 2009Hello everyone! — Hey guys, I've been reading this thread and I am new to Forex, and Forex Factory. After some research on the board and many hours of reading, I have decided to study the James16 Price Action system. I have some questions if ...
james16 Chart Thread
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Monroe replied Sep 8, 2009Thanks guys. Yes, I have 2 demo accounts. I needed a web platform because I'm running a linux system. I registered with easy-forex for the simulator and didn't like that too much. Then I signed up with Oanda, which I will most likely use for trading ...
Some Questions
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Monroe replied Sep 6, 2009Thanks Ghous, I plan to take this seriously. I have been reading the J16 thread for days now trying to make sense of it all and learn the price action system. It's relatively simple in terms of indicators and such, so I feel it's a good start. I ...
Some Questions
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Monroe replied Sep 5, 2009Wow, thanks alot guys for putting some time in to reply to my questions, great people here it seems. That is exellent. I really appreciate that. I will tell you... I'm 26 years old and pretty much don't have a pot to piss in. I have an unstable job, ...
Some Questions
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Monroe replied Sep 5, 2009Thank you guys. Yes I have read through the Babypips school during the past week, and I am constantly reading this forum and watching youtube video's on how this is being done. Most people who do this for a living, and who don't have tons of money ...
Some Questions
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Some Questions
Started Sep 4, 2009|Rookie Talk|17 replies
Hello everyone! I have recently started looking into trading Forex. Yes, another rookie. I ...