1) During bad times people survive on boiled rice. The humanity has advanced so much that poorest of poorest will get food and clothes. First thing is SURVIVAL. 2) The only thing that can change your life for now is a full time job. Recently few ...

Venture Capital?

For a top discretionary trader equivalent to subconscious competence, money flows into his account effortlessly and at his will. He is so bored of making money. A top discretionary trader looks at price for 60 seconds, form a trading plan and put ...

Expert Advisors or Human Traders?

Every day as per UN, 100 million couples world over do intercourse- Thats the holy grail !

Holy Grail Exposed - Rookies dont have to search its all here!

It is in your head ! Neurons and synapses inside the brain are holy grail.

Holy Grail Exposed - Rookies dont have to search its all here!

EAs will loose in range bound markets. Some of the loosing trades EAs take, a discretionary trader will never take.

Really Rookie question about Expert Advisors

igmarkets.co.uk has everything. they are leaders in FTSE 100. But man these are artificial brokers who are running their own exchanges. They apply algorithm to make up their prices which in market hours closely resemblance the actual price. If you ...

which broker has Nikkei & FTSE100 in metatrader chart?

Yes Nikkei 225 opens from 9:00 a.m- 11:00 a.m and then from 12:30 p.m- 3 P.m japan time. From 11:00 a.m- 12:30 p.m, Japanese take their lunch- Sushi and rice Your MT 4 broker is a market maker. Your broker is making up its own prices based ...

Nikkei 225 mystery, should close at 3PM in japan, but not in MT4. how its possible?

Wonderful words of wisdom. The system traders will realize it sooner or later how the system remains fixed while ebb and flow of market changes. I am trying to become a discretionary trader by reading the markets structure ad flow. It is an immense ...

How many demo trades before a system is considered viable?

I have 3 questions for you Wavetop. Please do let me know your thoughts on it when ever you are free- 1) Why do patterns change itself? I see if unemployment claims are bad then expected, then market will rise and if next week unemployment claims ...

There are no secret patterns and there will never be one

Brilliant Wavetop. Mate, accept my salute and a voucher. Reading your thought process can change life of many loosing traders. I have read your post thrice spending 3 hours on it. I know thats the real truth in trading- repeated pattern numbers ...

There are no secret patterns and there will never be one

Welcome man to world of confusion. Trading is psychology. Each and every trader has its own method. One trader is using MACD, one trader is using MA, another one is using fib, another one is using intuition...like this millions of traders, millions ...

Is technical analysis sufficient ?

Oanda is giving live quotes since last 90 minutes. FXCM is closed and will open in about 150 minutes. I use Oanda and FXCM, so know about these 2 only.

EURUSD

Good to see you Chicky again in trading business. Insha Allah, you will come out in flying colours in your trading business.

EURUSD

The global trading has started ..another exciting volatile week with twists and turns..trillions of dollars will be traded in all markets all over the globe. I feel nostalgia on Sunday evening as global trading starts. Friday evening- Sunday ...

EURUSD

So i should short the market when 34 ema goes under 55 ema. I should long the market when 34 ema goes above 55 ema. Have you tested the results of this method for last 4 years? Let me know if it is a edge in trading.

The concept of "trend" which I cannot grasp

Accept my salute for speaking out truth Here is a very simple reason why those good looking indicators will not work- Each and every one of us is following a different method to trade. One guy is using SMA, another one is using EMA, ...

There are no secret patterns and there will never be one

Trend is 'collective sentiment'. One will never ever be able to understand the 'collective sentiment' until and unless indicators are off from the chart. One highly successful S&P 500 futures day trader whom i know uses only price to work out ...

The concept of "trend" which I cannot grasp

Good thought process. Since 95% loose, loosers are embedded in market structure. Lets say S&P future is at 1200 on Monday and it closed at 1180- 20 points loss by Monday afternoon. Within that major downtrend, there will be mini up trends which is ...

There are no secret patterns and there will never be one

Global Intense 24 hours trading going on. Sydney and Auckland Traders have woken up to put pressure on price.

EURUSD

Global Trading Confusion. Some are following different theory, some believe in a different theory, some are using SMAs, some are using MACD, some are using gut feeling- All kinds of different beliefs colliding with price creating worlds greatest ...

EURUSD