The farther it drops the better the price we can establish a nice longer term long position. This next year should be an interesting one.

USD/JPY Discussion

If tapering is announced tomorrow it may well hit 104. How likely it is that will happen though is nothing short of betting. There is also a large option at 104 so price may gravitate that way anyways sometime before this new year.

USD/JPY Discussion

Maybe you just take your chances and set a TP 1-2x your SL. Maybe you have an idea of where price will likely get to before being hit with strong orders. Maybe you are taking trades based on reasons off the charts and are smart enough to forget ...

The Smoke and Mirrors of the Risk/Reward Ratio

I don't know why anyone would believe Oanda is a scam, unless you don't understand much about market microstructure and seem to "think" you are being scammed. I have been with Oanda for a while now, and they are superb to all of their competition. ...

AUD/USD

I did try out FxGlory at one point and do not have a complaint about them. They offer massive leverage, and IMO you do not need that kind of leverage. I would actually advise against such high leverage especially for newer traders as you're setting ...

Any legit 1000:1+ leverage brokers?

This is pretty accurate. People put too much belief in technical indicators and patterns without understanding why they work. Just because price hits a fib number and reverses doesn't mean that it reversed because that number is "magical." It ...

Miracle the Kaaba Fibonacci Theory 1.618

Bought just now? How big of a stop are you using?

Central Banks & Big Players

They are all creating multi year highs. I'm referring to short term though, I think we might see another dip before the rally that's supposed to breakout well past 104.50 on USDJPY.

Cable Update (GBPUSD)

Gotta love seeing that in green. Don't really think its the breakout were all anxiously awaiting though.

Cable Update (GBPUSD)

Funny, are you a professinal trader?

The two components of FX: focus on volume not pips

Trading can be easy, but it is not simple. Like anything in life if you're willing to put the time and effort into it as well as learning from experience and practice, you will succeed.

Is trading really that hard?

You've been stabbed by other traders and forex isn't a person, yes. But if this kind of thinking and viewing the market in this form helps you profit, then go for it! If you're making profit, when it comes down to it that's all that matters. I wish ...

When the hunter become the hunted

You and your posts lately. Very wild haha.

"Money Machine"

Smart money accumulates (buys over a length of time) when price is going down and distributes (sells over a length of time) when price is going up. They change the direction of a trend into their favor. If there was a way that we could get into a ...

Hard Way, Easy Way

Lmao. Is this a joke or something? CaesarTrade That site looks horrible! Very much like a scam. I would never trust anyone that looks so unprofessional with my money. If you are legit, I would advise you to fix that site. Look at all of the others ...

CaesarTrade FX-CFD - Get to Know Us with Eric and Jeremy

Welcome Muhammad! I wish you the best of luck in your journey. It's a long road, but if you can stay focused, you can win. I've been reading this forum for almost a year, but just recently decided to start posting. There is a lot of junk, useless ...

Swing it baby ;-)

You are on to something bigger than you could imagine...

Hard Way, Easy Way

I don't know if I fully understand what you are saying. However, there is no secret to get rich in Forex. Forex is after all, a business. It is the business of the market makers. Market makers are the big brokers, hedge funds, banks, etc. who have ...

Here's the answer to "Can I make a living from forex"

Well friend, using indicators is not the same thing as using a mechanical system. In a mechanical system, you usually only use indicators. You only trade on the signals generated by your indicators. No psychology at all ideally, but then again it's ...

Here's the answer to "Can I make a living from forex"