More thoughts and goals for 2011... — I've been lucky enough to be able to arrange my life around trading Forex for at least a couple hours each trading day. I work about 30 hours a week and have a good paying job during the evenings. I'm ...

Profitable Scalping for the Retail Trader

I looked into this... — Check out this thread- url There are 'things' to try... but they basically make you assume directional risk at some point in time when closing a side in profit... and the spreads become costly.

Can EURGBP move independently of GBPUSD and EURUSD?

Simple pattern... — Imagine you are a momentum trader. What if you only traded with the trend when price was in motion? So... on the 1 min chart... could you take the second continuation bar of a move in a certain direction... jump on... and ...

Profitable Scalping for the Retail Trader

Ideas for 2011 — I'm not sure what size account I am going to trade for 2011. I have been working on my own trend "indicator" which is a little more responsive than the single 30 SMA I had on my charts previously. Basically, I've been ...

Profitable Scalping for the Retail Trader

My opinions... — These are just my opinions as I only trade EUR/USD... Horizontal Support and Resistance is easier to determine. I watch the 1 min TF, and I only go as high as the 1 Hour TF to look at charts for Horizontal Support and ...

EU S&R levels?

Overconfidence, fighting the trend, sloppy stop-losses... — Heya Richy...Thanks for checking out the thread. December 1st's losses mostly centered around the 11:55am EST EUR/USD "spike", run, breakout (or whatever)... I had no stop-loss on a ...

Profitable Scalping for the Retail Trader

Bias and Daily Stop-Loss — I think bias is important even if you are often wrong. Something I have picked up from CrucialPoint's posts, which I like.... Have a definite way of determining your bias...then only trade in that direction until it ...

Profitable Scalping for the Retail Trader

Thanks Dusktrader and Google... — Thanks for the analysis, I have to agree, you are spot on. One thing I will add- I have a tendency to sell more than buy. This was even apparent in October, when the Euro was blazing upward. ...

Profitable Scalping for the Retail Trader

Not as much fun... — This is what happens when you brag about your results. I thought I would trade larger in December, twice the size, but cut my losers more religiously. The idea was that I would have more capital committed to my winning ...

Profitable Scalping for the Retail Trader

November — November Results 2010 Below is a snapshot of Myfxbook at the end of November. I included a portion of my spreadsheet as well. I still made many mistakes this month, and risk management was less than perfect. My account balance is ...

Profitable Scalping for the Retail Trader

I think... — I think I'm trying to find justification for my so-so entries and my really bad exits. My question previously may be nonsense, let's disregard it for now. But thanks...

It's kind of curious...the war between price and indicators

Great discussion... — This is a great discussion. To examine all angles... I actually do the opposite (on my entry timeframe). I consider support and resistance more important than trend (again, on my entry timeframe). I enter at support and ...

It's kind of curious...the war between price and indicators

Thanks Dusktrader... — Thanks so much! Dusktrader is a friend of mine from MyFxbook.com, he is up +13% from Nov. 5th himself. Check out his results, there is a link to his thread there as well. As for the 3-minute discovery, it was very hard ...

Profitable Scalping for the Retail Trader

Just an off-topic update... — About Aquarius' Super Scalper, it seems our own Spekitox has done some research and found a 'supposed' robot EA demo login that when used on FxPro Demo, produces exactly the same equity curve. The discussion is ...

Coin-Toss Trading Strategy

Because of your previous posts... — I googled your twitter (brenzaj42) which led me to your website... in the About section you wrote this... “I am a 33 years old full time Forex trader. It all started 7 years ago right after I finished my PhD ...

Thinking 3D

My simplistic view... — I have a very simple view. I am not a great writer, but check out these two previous posts. url and url Essentially, dollars are being sold (exchanged) for stocks when stocks are rising and people are buying. ...

DJI (Dow Jones) positively correlated with EURUSD?

Emulate the winning traders... — Do you have any 'snapshots' of your results, perhaps performance records, so that people can see that this is possible and emulate your success? Your trades over the past month would be interesting to see.

Thinking 3D

My opinion... — This will destroy your account. To answer your original question, I go for 'some' pips and make them worth more. My current position sizing is 6 pips = 1% of account balance. My stops are volatility based with discretion. ...

Thinking 3D

A great quote... — This is from another thread I was involved in recently, but it describes my trading experience very well. I've always liked to counter-trend on the short time frames. My theory was ... it is well-known that trend traders win ...

Profitable Scalping for the Retail Trader

To promote discussion... — To promote discussion and to bump the thread... The two glaring weaknesses I see with this approach are presented here from Spearion's thread- and smjones quote from his thread- "There is a difference in the trades I ...

It's kind of curious...the war between price and indicators