url This one is based on research and not made up. As for the account size needed - plenty of market makers and brokers offer commodities trading starting from CENTS per unit now. Oanda has around 60 cents per Gold $ and as low as 1 cent per ...

How much money can a seasoned semi-pro make with trading on Forex?

Okay, let me earn my Equinox-Helsinki keep. Monthly has twice rejected 1.9350 and stomped it in as (temporary? intermediate?) low. The newsletter didn't reach the bears in time, so they kept selling above 2.0, what with the downward momentum and ...

james16 Chart Thread

I mean I miss our mad EW counting attempts(last time we talked here you were going to short UJ to hell and back, hope you did hehehe), but I do hope you're wrong about the war and currencies bit What good is the next super-trade going to be ...

Wall Street close watch

ROMAD. Made me instantly think: Return On MADness. Fits the bill! I do agree on it being a key characteristic. I try to generate these stats every month or 2 as well to check how I'm doing and get an eventually presentable graph, but it's a hassle ...

ROMAD, the ultimate statistic?

Given that your assumed C=2 target has not yet been reached, are you viewing this current rally as C.IV then? Or in what subwave of C do you believe us to be in?

Lets Talk GBP/JPY "the geppy"

Just use the same amount of risk that you used for 50 pips(e.g. 1%) and spread it over 100 pips while you feel increased volatility persists. Then you do not suffer increased exposure, yet still have similiar "leverage" as before due to the ...

Jacko's Forex House of Pleasure and Pain

Very true! But you cheat, I didn't have that daily GC pin bar! Regardless, I went long on GBPxxx (all three, really) none too late.(Did you buy that fourth USDCHF TL touch btw? Bet you did! Had a 1h PB, too!) Also as discussed in my journal, I have ...

james16 Chart Thread

IMHO you're thinking much, much too small, timeframe, touch and reaction wise. If it's a proper PPZ it won't just double touch it and react one time, within one day on a 1h chart. A proper PPZ imho WILL show on any and all 4h feeds, regardless of ...

james16 Chart Thread

Well I'd say things become more and more clear the more one reads and moves along the thread. Just make it a daily 15 minute bedtime reading, you'll get there You can also always click the paper clip icon next to the thread and get a list of ...

james16 Chart Thread

Quite frankly I don't see how a broker's timezone shift will make any difference. Either price was somewhere or it wasn't - and you will still see reactions regardless of the "shape". Highs are highs, lows are lows, regardless of where the bars are ...

james16 Chart Thread

Ah, good old America. Always in a rush to save consumers' money and spare the environment. Not that we're in a hurry over here at all, either. I've been buying them ever since they started cropping up. It's a no brainer - last longer, cost ...

I see oil reaching 100 USD?!

Personally I've always wondered whether the oil USED for the wars(as in: material, ammo, fuel, troops, transport, logistics, supply, etc) fought OVER oil, if all taken together, wouldn't have conserved enough to make up for quite a portion of the ...

I see oil reaching 100 USD?!

url I've posted this before (AND taken the tour!)

Wall Street close watch

Well even if the item in demand remains identical demand wise, if the currency exchanged for it falls then it obviously will take more to achieve identical valuation. That's just math However in Oil's case valuation actually also came parallel in ...

Wall Street close watch

Oh come on, we all know you're just waiting for a chance to pounce on it again and short the odd 30-40$ out of it like last time : Prolly hiding in the bushes with Narafa, cleaning those rifles!

I see oil reaching 100 USD?!

No prob, all in a day's work

EUR/USD Trading Room

Speaking opf crisis: well I guess THAT crisis is over! That 17 year housing low we just made just confirms it: everything's picking up again, even the descent speed! Global Economic Outlook Improved in April, Led by U.S., Asia url Stock Pessimism ...

Wall Street close watch

If one has a risk/reward ration of 1:2.65 or greater, one still makes money with that win ratio. Some "trend traders" e.g. have this sort of win ratio or if you had say more losses due to smaller stops, but bigger winners due to higher leverage ...

james16 Chart Thread

Well GBPJPY is still suffering..here, let me post some funky geometry This is how bad it gets when I don't stop drawing ;p I keep on seeing new stuff to put in, especially on 1h..(even just now after posting, on the top right - there's a support ...

james16 Chart Thread

Predictable behavior, I'll take some of that please. Btw, shocking rumour going round - we might lose BennyBen! And that after all those poems and pretty pictorials we gave him! url

Wall Street close watch