I would have to disagree Pip. Below I have underlined his comment about this particular transaction. It clearly states his friend could see the the loss on the feed in the order flows. Either way, this thread is not about what he said or did not ...

Price movement as a function of Supply and Demand

A message sent by Felix: Quote: On a positive note to conclude this review, a trader from JP Morgan lost $218 million today on a speculative trade on the GBP/USD. Bank of China dumped the pounds earlier today during the UK session, then JP Morgan ...

Price movement as a function of Supply and Demand

how much can I make!! — Firstly, Thank you to Phil for sharing the strategy. Though the concept is not a new one, but defining the parameters is a big help. Also, his willingness to help newbies, answer questions, clarify uncertainties, is ...

5Min Intraday System

anyone good with excel? — Hi all, I got intrigued with this system, and put the HA indicator on my MT charts, and started eyeballing a few things on different time frames. Now, I concluded with the 15M charts. I have just finished putting all ...

Heiken-Ashi System

fantastic idea — Shall see everyone there in the chat room. I think it will be a great place to learn and exchange ideas. Though I do think we need a moderator, incase the chat starts to in totally different tangents. Cheers, K.

5Min Intraday System

if only it was that easy — Psychology. That is the only concrete answer to your questions. From this one word, several tangents come off. Some of them are: - unreal expectations of returns - not enough critical mass, ie enough capital to ...

Why Traders fail despite of good system available here in Forum??

Hi there, Why don't you just contact ODL, and get all the answers to the basic questions first. Then armed with that information, you will be in a better position to ask questions on forums. Just because someone here was able to open an account with ...

Anyone trading live with ODL Securities and EFX Group?

Love it, fantastic. Need this to give a break from the constant serious reading. "While driving, you are thinking about your NAV, while trying to maintain a safe margin between you and the car in front of you"

Humor: You know you're obsessed with Technical Analysis when...

Hi Warmagus, Oanda has been widening their spreads for a few mths now. Depends on whether there is news being released or not. Even if there is minor news, I see they increase their spreads a little. Their spread fluctuates quite often over the 24 ...

Oanda's spreads getting wider lately.

looks like old friends coming together — Hi Kris, Good trading. Even better results. Keep up the good wrk. Cheers, K. PS Hi tnt and jimbo. Good to see you here.

Turbo's Journal

Hi Phil, Could you please comment on the charts below. There must be something that I am missing. These would be my first 2 loss trades, out of about 6. Much appreciated, Kermut PS. tried to figure out how to upload charts, keeps coming up as too ...

5Min Intraday System

interested in chat — Hi A, I would most certainly be interested in joining a chat room. It would be a good idea for it to be available at anytime for ppl to check in etc. Since the angle of the 50sma is a bit debatable, I for one would really ...

5Min Intraday System

Hi Phil, Firstly, thank you for sharing your system. I have integrated it into a system I am also trying out. Basically with the GMMA and the linuxtroll rainbow. My only question at the moment what if the retrace is actually the start of a change in ...

5Min Intraday System

Hi Permanentjaun, I once read that any idea thought by one person, can and will be thought by another person as well. I thought about a strategy very similar to this after a long discussion with another fx friend. Did some manual forward testing and ...

Absolute Simplest KISS Method. Also, how do we measure risk reward?

Was a good report to trade. 1st half +9 (was +20, by the time i altered units to tp, it was +9) 2nd half +20. Looking forward to the next one. Cheers, K.

Anybody traded NZD current account today?

Hi there, From someone who has been in the game for 1.5 yrs, and still considers themself a total newbie, my suggestions would be as follows: 1. Read as much as you can about forex first. Understand what you are getting into, what it is, why there ...

Starting with OANDA and bad leverage from them

a bit confused — Been a while since someone has posted on this system. I have been looking at it in a way to incorporate into my short term trading system. I liked the method of divergence when looking at the chart in the timezone gone by. My ...

BELLA SYSTEM. Let's try it, let's improve it!

Yasir, Just had a look at your chart, and a few comments. Your chart is a daily chart, Mouteki species 4H charts. Secondly, your trend lines are incorrect as the support point must have 2 candles before and 2 candles after that don't have a lower ...

where is mouteki... the person

so far so good in demo — Well, I have followed mouteki trades to the letter, and entered when I have been there for the trade, and my result is +250 pips. No discretion what so ever. All this is demo ofcourse. Have I been lucky? Maybe, as I ...

Mouteki Trading