The simple trades happen infrequently....but when you spot one, you have to give it all ya got. It's like the market is giving money away during those times.

No more BS - What have you learned?

I would agree with you that most, if not all, indicators are garbage. But MAs have been around since the beginning of trading as we know and they have very enduring relationships and correlations with generations of traders. But, like I said, using ...

No more BS - What have you learned?

It is amazing how different traders view the markets so differently. Moving averages are indispensable to me...yet other folks can go completely without them. For me, it would be like driving with a blindfold. On the other hand, there is the ...

No more BS - What have you learned?

Very true indeed!!! Support and resistance is so much more than just connecting two points and drawing a straight line. It is a sweet science.... an art form. There are support/resistance scenarios occuring all the time that most traders are ...

Price reaction to support and resistance

Hopefully that doesn't include moving averages

No more BS - What have you learned?

It is starting to dawn on me that you have to view trading FX like you would a chess match. It is all about anticipation. In other words, the set up for certain types of trades may have occurred 10 hours ago. The 10 hour lag can be quite boring, but ...

No more BS - What have you learned?

I agree completely with this statement concerning learning something new each day. I am still in the learning mode which is fascinating considering I have been trading for about 4 years. What happens to traders who are first introduced to FX is that ...

No more BS - What have you learned?

I have also learned that patterns repeat themselves over and over again, with a slight twist each time just to throw off traders and make things interesting.

No more BS - What have you learned?

Your money is not as secure with a spot forex broker; because if the spot FX brokerage firm goes belly up (bankrupt), your money goes with it. Conversely, if your FX futures broker...goes belly up...your money will be returned to you.

Trading forex futures - Why?

I'd be interested in knowing what folks do to bring themselves back to center once they are out of control emotionally.

Controlling your emotions

I have learned that 95% of the time the market is not worth trading. If I knew the exact time that the market was tradeable, I would be a multimillionaire FX trader in a short amount of time. My biggest challenge going forward is to tune out the 95% ...

No more BS - What have you learned?

The markets can "appear" to be random if you are not looking at it from the right perspective. I do believe there is a science and an art to knowing how to draw trend lines and using moving averages for instance. I have found that, in some cases, ...

Pro Traders in a Random Market

OK folks, I'm done for a few days.....time to recharge and get ready for next week. Let this be a starting point for everybody to get back on topic and get to talking about this FX monster.............I'm out!!!

What is a 'Good' percentage for winning trades?

I come here for laughs too ---"intelligent"---- FYI ---- It's "continually posting" not "continuity posting". Just for laughs no harm done.

What is a 'Good' percentage for winning trades?

The quickest way to bring down a forum is when forum members start insulting one another. Maybe it's just me, but I just do not see the value in it. I disagree with a lot of stuff I read from forum members, but it may be a case where I may be more ...

What is a 'Good' percentage for winning trades?

Yes, you have to be extremely nimble during those times.

What are the Characteristics of the Different Trading Sessions?

Fear the US and London opens!!!!!

What are the Characteristics of the Different Trading Sessions?

With all due respect Craig.....I'm not gonna bash you because it's not the right thing to do. I didn't become a successful trader until I was able to accomplish this feat in a meticulous and purposeful manner. You gotta go thru the fire to get to ...

What is a 'Good' percentage for winning trades?

The best measuring stick across the board which will include all traders great and small, is to see how long it takes you to double a relatively small account ($1500) 2 times. Once you do this, you can then go back and look at all your stats and ...

What is a 'Good' percentage for winning trades?

OK . I will study these stats and see if I can increase the P of my P&L even more.

What is a 'Good' percentage for winning trades?