Bundubill, I wait for the open of the next daily candle. This means I enter most trades in the off hours, between the US session close and the next European session open. This makes it easy to go home and look at forex in the evenings (EST). ...

Eagle Method MA Crossover System

Actually... — Its pretty much just a MA crossover system. The timeframes for the averages used are designed to avoid <most> but not all whips. It provides easy entries, but exits are harder with this system, that's mostly what has been ...

Eagle Method MA Crossover System

This entire post is a great example of why you shouldn't day trade. Try the H4 or daily charts. At least until you are profitable. Don't look at them all day long. You'll sleep better.

I got spooked........!

I have also started to use Fib retracement levels as TP indicators. But I think they may also be helpful to decide whether to make a trade at all. If by the time the Fozzy cross has occurred, we have already reached the first or second fib, then ...

The Daily Fozzy Method

Be like them... — Justin wrote a couple of posts ago.... 1)The new platform, the new interface, the ability to trade wireless, major technology enhancements to improve speed globally, basic charting, and management allocation tools in Stage ...

MB Trading Futures - Introduction

Some advice from another beginner.. Take a look at metatrader4 ( also called MT4). There is a whole section in the forums on this site for brokers based on this software. Metatrader is very easy to use and has built in charting. Also, several ...

Help to find the right Broker

I stopped out at 113.30 for 319 pips. Woohoo!! Crazy ride today...

USD/JPY Discussion

USD/JPY cross this week — I took the cross on the Yen last night, and the carry trades are unwinding quite a bit today, so that was a good one! Also, I want to note, I am not using the BB to filter trades. I wanted to just place a few trades ...

FOZZY Method CROSSES

Happy so far — I've just switched over to the Daily Fozzy method this week, and I think it may be the answer to the major problem that I have with Forex - that I try to do too much fooling around with my trades. I really needed a system that ...

The Daily Fozzy Method

long yen long — I'm long from 118.75. Looking at the weekly chart, we should be ready for a turnaround back up. I'm going to try holding on to this long term ( over a week is long for me ) and see how it plays out. Perhaps will add to it ...

USD/JPY Discussion

For when you get back... — I have a question which I don't think has been addressed. Here's a sample chart showing a pattern that seems common lately.. The bars follow the scrat line down, but don't really move through it. Then, they start to ...

Plutonite's Trading Manual

I agree SunTrader. Its like a man walking up to a fisherman and saying "can I have a fish?" He's nothing more than a beggar. Better to ask, "say, can you teach me how you fish these waters?" Then after you learn, you leave him alone and do it ...

Cable Update (GBPUSD)

I usually read this kind of chart on a Friday afternoon as "everyone is leaving to go to the beach / pub / wife, so the liquidity is drying up and there's no movement. That's really all it means. Until Monday.

USD/JPY Discussion

Don't you guys keep saying that prices fall faster than they rise? Or did I just dream that? Anyway, I'm a noob to seeing trading signals, but I could see this coming looking at the weekly chart, which has travelled in a nice "W" pattern over the ...

Cable Update (GBPUSD)

Roslan, I'm also demo trading, have only been practicing for 1 month now. I have a market cap of $5,000. I trade two mini lots (20,000) at a time. I've made about $1000 and I've lost about $500. I am using demo for the following reasons... 1. try ...

MY trades with demo account

-------------------------------------------------------------- Well, we use some of the lines we've drawn all over the place.... A quote from page 6, or thereabouts... From Plutonite... "In the USD example, the price rebounded off the band (26th Jun ...

Plutonite's Trading Manual

If its the real deal, then I'm ready. But it will have to be in the low 2.03's before its real. We still would have a long way to go down after that. But I still think 2.10 is plausible in the next month. Isn't July usually a slow trading month ...

Cable Update (GBPUSD)

Imagine... — Stop reading about the history of the Fed and get back to work!!! Lazy peon you !!!! I started listening to that Fed history post (The Moneymasters), the thing is two hours long. But I think its very interesting. All the ...

Cable Update (GBPUSD)

You'd think we'd have a thread like this for Each of the major currency pairs....oh wait, we do! :surprised

Cable Update (GBPUSD)

Here's my pic — Lets see how this looks, hopefully not too big or ugly...

Cable Update (GBPUSD)