Did Buy... — It is looking a bit weak, sorry for my bad charts (I use Oanda). Manually with no template. Bought the 35 SMA Bounce. Hopefully, we have the 1.5350 for some round number support.

CHOROS System

I'm new here but... — Trying to understand and digest the rules myself.... I don't like it, because as I understand it...constrainment is stronger when used with the 35 SMA, and 50 EMAs. 10 EMA is mostly for "Touch" trades, and I've only seen ...

CHOROS System

A quick Hello.... — Kostas was nice enough to drop in on one of my threads, thought I would say "hi" here. Great methodology, with a great thread. I've started a new micro account after "twitch" scalping the EUR/USD for almost 6 months. I hope ...

CHOROS System

A new start.... — I've followed Kostas1's thread for some time and have thoroughly read his thread (twice) and the accompanying information about "The Dance" methods by eclayf. After become so undisciplined this month, and somewhat in June ...

30 Days to Profitable EUR/USD Scalping....

From Jim Rogers interview in Market Wizards... — "I remember when I went to buy German stocks in 1982. I said to the broker, "I want you to buy me X, Y, and Z stocks." The broker, who didn't know me, asked "What do I do next?" I said, "You buy ...

Jim Rogers' analysis

If... — If you can do it, and not "ruin" yourself financially, meaning NOT go into debt, still pay your bills, and still have some money for "fun"; then perhaps you should try. Ask yourself this question though, if six months from now you are ...

Taking it serious and accelerating my learning curve

No. — This would not have any real value before you have secured employment in the industry. If perhaps you were thinking of becoming a commodities broker, it would get you working faster (able to sell and generate comissions because you have ...

NFA Series 3 Exams

Any ideas... — Any opinions on whether this will weaken the Euro this week? "Hungary to ask for 'precautionary' €10bn–€20bn..."

EURUSD

Interesting settlement... — reading the settlement quickly.... he supposedly sold approx. 375 clients the right to use his "system" at $3400 each he paid his "independent auditor" 30% of sales 375 x $3400 = $1,275,000 minus 30% => $892,500. ...

Psychology and MM free zone...

My current Set-up... — Though I do use mechanical entries, I exercise discretion often. I buy/sell pullbacks or retracements with and against the trend. As I believe a trading opportunity might be near, I am watching price constantly, nearly ...

30 Days to Profitable EUR/USD Scalping....

July Fun Facts... — Just a reference point for myself... I've been trading Forex since March 2009, with most of the activity in 2009 in October, November, and December. Net results across a couple of accounts: - $1401. I only actively trade ...

30 Days to Profitable EUR/USD Scalping....

June Results — June was a difficult month as well. I made some errors, and some profitable bad trades (trades outside of system/methods but winners). Starting the month with $555.00, ending balance was $652.92, with 134 trades. Actual “screen ...

30 Days to Profitable EUR/USD Scalping....

Dow, Dollar. and... — I thought the Dow was toppy last week (Friday) at 10450ish. It hasn't shown any sign of strength this week either. The correlation has weakened quite a bit this week, shorting the EUR/USD in the afternoon US session has ...

EURUSD

Kelly Criterion... — An optimal Kelly bet with a win % of 60 percent and 1 to 2 risk:reward would equate to a wager of 40% of capital. Not many of us are that aggressive but perhaps that's where his numbers come from? Just a thought, nice ...

dungle's trading framework

Good Link... — Some interesting stuff in that link. Your Steinbeck quote reminds me of a friend I had during the internet stock boom and day trader "mania". Very humble, generous, and kind guy....also arguably the most successful daytrader in ...

4% A Day Forever

Last week, this week — I was a Bull last Friday, but traded it poorly. We feel weak here, Dow at a nice toppy 10450? This Euro could've been pushed back to 1.24 on this supposed light volume. Europeans probably are short as they blew stops ...

EURUSD

1.2150 Level... — So, let's assume this is a well known widely regarded level of resistance, 1.2150ish. Price did approach here twice, in Asian session on Friday and pre-US session, with low volume I imagine. I don't see any major news for ...

EURUSD

Good Luck... — Good Luck. Quotes from Paul Tudor Jones to keep in mind.... "Now I spend the day trying to make myself as happy and relaxed as I can be. If I have positions going against me, I get right out; if they are going for me, I keep ...

Going live first time

Honestly, I believe it comes from frequency... — I believe the growth and profit comes from frequency. If we are traditionally risking say 1% of the account per trade with an R:R of 1:2 or maybe 1:3... you need trades. Across all pairs, every ...

Realistic ROI and Account Size

"Holy grail" — Support and resistance, trend, and.... defenseless babies! I knew I was missing something. Sorry, couldn't resist.

Realistic ROI and Account Size