You can learn a lot from books. I would recomend setting up a demo account. Trade that for several months, just as if it were your real money. Then open a live account with a small amount (ie less than $500) and then trade that using the techniques ...

A Good Forex Trading Book For A Noob

In addition to all of the above I use a couple of other indicators (MACD, RSI) to determine whether or not a trader will be profitable or not.

Why exactly do EMA crossover systems not work?

Possible rising wedge on the daily chart?

AUD/USD

I will stay out of long in GU for the time being. There is alot of resistance at the 1.5460 level. If there is a break above that we could see 1.5500 level. But I will look to reenter a short position in the near future. If the charts signal a good ...

Cable Update (GBPUSD)

My apologies I didn't mean to take the spotlight away from BKG. I mealy wanted to share my tradings and strategics with fellow trades. I will refrain from post any further trades using my system on this thread.

Daily Chart w/ 10sma

Earlier I showed that instead of using a daily chart with 10sma I suggest using 20 and 40 sma. I was also asked to create a separate post where other traders can follow along with my trading strategics. I did not have the time at the moment I enter ...

Daily Chart w/ 10sma

I just took a short position in the CHF/SEK @ 7.2927 looking to for a target at 7.2770. image Be careful this pair is know to have extreme pip spread during after hours.

Daily Chart w/ 10sma

sounds like a good idea sniperfxmy. I try to set something up this week or by next week for sure.

Daily Chart w/ 10sma

A bounce of the 20 sma paired with the bullish engulfing candle (01/04/2012) signal to take a long position on USD/CHF and look for exit at the next resistance point. I like to trade after a full trading day in the US has been completed. Ex. Monday ...

Daily Chart w/ 10sma

I am still staying out of the this pair. Or any EUR pair for the time being. US on holiday so be careful, lack of liquidity could make way for some extreme price action. If I had to choose I would stay short, as spowell214 suggest.

EUR/CHF

My system uses of SMA 20 and 40 on a daily chart. Following the trend of the moving averages to enter trades. Has been working great thus far.

Daily Chart w/ 10sma

I don't usually listen to music when I trade. I have history or the science channel on and listen to it in the background.

What kind of music you hear while you trade?

I went long on this pair on Wednesday at 9541 with a target at 9570. Should have waited another day to enter long position. But out with 29 pips. Despite the thin trading range for the week, I sill manage to make 59 pips, on two trades. I also went ...

USD/CHF

currently long CAD/CHF until 9369. Staying out of EUR pairs for the time being...

EUR/CHF