Simple is the key in Forex. Simple strategy. Simple method. Don't expect anything to happen in the market. Key word EXPECT. Anything can happen. That is why tight stops are important. Why do you even wanna trade more that one pair. It is the ...

No more BS - What have you learned?

One more point to mention. Don't expect anything to happen in the market. Why? Because anything can happen. Traders need to be flexible with their expectation of what the market will or will not do, and be rigid with their rules of engagement! That ...

How long to be profitable?

The question should be: how long will it take you to be profitable? And the answer to that question is relative. Therefore, are you individually prepared to do the things that are necessary to be successful, consistent in trading? Many people ...

How long to be profitable?

This is the foremost if not only credible way to use statistics in trading. i.e. "forecasting (edge based a probability)" price behavior around statistically meaningful points around technical analysis. And you will find that MA's have significant ...

Do you think statistics work in trading?

Yeah, they do...

Do you believe moving average systems work?

That is exactly true. Stop orders were at 1.2980 and 1.2996. Those orders were taken out. We will likely see some manipulation at the current price level then going forward EUR/USD for next week will HIGHLY LIKELY head down.

EURUSD

Now we make some pips! Down we go! Hopefully!

EURUSD

I think that spike just took out some stops!!

EURUSD

I am assuming that you probably feel the world is gonna end whenever you enter a trade and it goes negative for a while. You probably trade too many pairs at one time as well. I personally stick to one pair mostly... and IF I do trade another it's ...

My mentality - my problem

What's the deal with this thread? I have integrated its principle in my trading and have made good progress. Who else has? No one?

Dancing with EMA

The bigger the S/R , OR more pronounced they are the more important they are: You get this picture on the Daily charts. Just like in real life. The bigger/richer guys have more power. And they play on a certain level. I am a purely technical trader. ...

Here is what you should know: The Consensus!

TREND: definition: How do you tell a trend, or follow a trend on a chart? .... By examining, by testing! By setting criteria that demonstrate its truth or falsehood.

Here is what you should know: The Consensus!

I agree that S/R are generally far weaker than how a lot of people in the market today give it credit. If you listen to a lot of people you get the impression that one the market come close to a previous S/R level... IT HAS TO DO SOMETHING. That has ...

Here is what you should know: The Consensus!

That's all you need to know to make money in Trading. There are hundreds of 'systems' on this website that in someway or another fulfills the principles for success in the market outlined in the previous postings. If you don't like any. A simple ...

Here is what you should know: The Consensus!

Taking your profits....!!! TAKE IT, TAKE IT, TAKE IT emphasis Take it. However you prefer - by setting profit targets or the run of the market... just take it. I personally prefer the run of the market. It's only by taking your profits that you will ...

Here is what you should know: The Consensus!

"There are 100's of ways to enter the market, breaks of resistance, pull backs, what is critical is stop placement." Your stop/ risk control is what keeps the money in your bank account. No matter how effective your system is, if you do not LIMIT ...

Here is what you should know: The Consensus!

TODAY I am mainly focusing on the EUR/JPY: Trend segment start: (roughly) 106.851 Tend: UP - BULLISH Time to buy: I would not (buy) add to positions at moment, waiting for slight pullback....

Here is what you should know: The Consensus!