Fantastic call Igrok....I'm guessing you expect this to bounce up from the .7500 area?

Igrok Method. Q's & A's. Comments, thoughts and ideas

GBP/USD — Hi all, I have no idea re EW, but just wanted to hear your thoughts on the following I have taken from the alpari website...It seems crazy to me, especially at this point in time. Obviously a lot can happen in a short time in Forex, ...

Elliott Wave Trading

There is a couple of very active "cable" threads, but I believe most of it is more of a social chit chat than anything...

CPI vs price on GPBUSD

I'll have a crack at this, but don't take it as gospel because I am not a Dr in Economics...Also sometimes, fundamental issues like this are not cut and dried and you only find out the real reason of some currency moves well after the fact.. Anyway, ...

CPI vs price on GPBUSD

Yes It could be a coincidence that the market turned around at about the same time that the RBA intervened in Aug 2007. The carry trade could have resumed at around the same time making the intervention look successful, when it perhaps did not have ...

Beware of RBA intervention

Great post mchael...thanks I have come to much the same conclusion, I'm just waiting for the technical signs before I start loading up on some shorts.. Where are you from?

Aussie Pairs

Hi aslamc, Welcome to FF! Perhaps if you be a bit more specific in relation to what you would like to know, you might get some answers. Also, if you use the search function there are lots of old threads on this sort of topic, you may find all your ...

Full time traders opinion needed

If I was to start all over again I would put 1 years income in a savings account so as to not put any undue pressure on myself to pay the bills.. Then I would work backwards and decide how much income I require to live comfortably. With this in mind ...

Question to full time traders.

There is no such thing as a sure position in Forex... You'll find plenty of traders posting live in the journal section of this forum. Why are you only seeking advice on the GBP/USD?

Silly Trader... When will you learn that fundamentals are the only way to trade?

I didn't actually blow an account, only a 50% drawdown, but I had lost over $20k so I think this qualifies...Reason why: Not testing system (forward or backward) through all relevant market conditions. Going back a few years, I had spent a long time ...

Your Blow Out - Why?

If you look at the returns of large hedge funds and managed funds, many have negative months during the year... If you can achieve 100% returns annually with proper MM, I wouldn't be concerned about 3 negative months at all.. All the best

Question For who trades for a living

Hi Mike, Forexmoments is correct it's more about the number of trades in the backtest rather than an X amount of years...If you are trading from a 1 min chart I would say 2 years is enough..

How many years should I test My system, to consider it, profitable?

I don't believe you can verify the statement from this image, unless you contacted the broker. Be careful, if you are going to invest with another trader or signal service, I am sure statements can be easily changed to make them appear profitable.. ...

[HELP] Please verify

Please use the search function on this forum, this question has been asked many times before.

How Much?

Just plain old retail...I've considered going to an ECN, but if it's not broke........

How I Turned 1k To 100k In A Wk!!!

100k is not some magical number where a retail broker decides to put you on manual execution...I have a reasonably large account with FXCM and have honestly never had any trading problems (only admin)...I noticed absolutely no difference in trading ...

How I Turned 1k To 100k In A Wk!!!

Mystic, In case you aren't aware, you can enter larger lots on the FXCM platform by typing in your position size in the "Amount (k)" box....It makes it easier than executing numerous seperate trades..Hope this helps.. BTW, well done!

How I Turned 1k To 100k In A Wk!!!

I don't think it's the charts fault you blew up your account... Are you trading longer term now?

Cable Update (GBPUSD)

Hi Pujolshomerun, Could you please give some more specific details on the reasons you believe you have failed at trading. With more information perhaps I (and others) can help. I really don't think attempting to trade an automated system is going to ...

Can an automated trading system really work?