I'd like to point out that, many times, losses occured even if the system is being followed perfectly. That's just how it is in this business. Losses are a part of the system.

most common reasons for wins or losses

Cable has been funny for several months.

Gbp/usd Too Easy

I'm not sure why is that wrong ? When you keep your money with the bank's fixed-deposit, you expect them to pay you the promised annual interest. What's wrong with using your money to make profit as long as they honor your expectation to pay the ...

Why aren't Big Banks jumping in on forex?

Perhaps he got rich from the business his company is running ?

how does this trader make money?

I heard someone on the forum said that brokers dislike scalpers because scalpers buy/sell are sometimes too fast that the brokers didn't have enough time to hedge the scalper's position. In other words, scalpers "steals" money from broker's account. ...

Scalpers Go Here

True, pips is profit but not all profits are good profits. Someone who made 10000 pips a year which is equal to 10% profit, is making a bad profit. You can get 10% easily from other investment with much lower risk. In my small country, there are ...

can you earn 1400 pips per month with one pair?

Everything becomes easy after a lot of hardwork, I suppose.

Is There Any Simplest Method To Success In Forex?

blueruby, That question is not directed to me but I hope I can help. This is how my trendline for GBPJPY looks like. I drawed it in daily, but to make it easy to see, I changed to weekly. I take the trade using daily. Notice that this trendline is 7 ...

Is The Trend Really Your Friend?

Thanks jacko and smjones for the chart. That reversal pattern reminds me of the reversal described by Jesse Livermore. When the trend reverse, wait for confirmation (confirmation occured in March 2006)

Simplify your system

What are you trying to do ?

I Want A Good Indicator With Gbp\usd

jacko, that was a great prediction. could you tell us what makes you think the major trend has reversed at that time ? Trendline ? If possible i would like to see how you draw the trendline at that time.

Simplify your system

I'm not sure if using 5% equity per trade is considered as big drawdown. So I can't really vote lol.

Which System Do You Prefer?

LOL that's why we have long term trendlines that stretches across years/months. Long term trendline is a compressed version of all fundamentals.

No charts?

Interesting.. how do you intepret the signal?

Scalping Technique Made Easy

I like the way it sounds.

Scalping Technique Made Easy

The reason I'm using this EMA is because it gives me the "sign" of unusual buy/sell. When 3 crosses 7 in a "strong way".. it means something.

Which moving averages work for you?

Northfinance ?

urgently need a 250 dols mini lot,400;1 leverage,reliable broker

That depends on your trading timeframe. If you enter trade based on daily charts ... move it once a day. If it's based on 1 hour charts ... you may need to move it after it moved X pips (not every hour though). When I trade ... I don't really have a ...

Automatically moving stops and limits once a trade has been placed

That makes sense. But that doesn't guarantees that we will not experience more than 6 losers in a row, right ? If we do 128 strings of 6 trades .. we may have 12 losers in a row, etc etc .... The question is, will our equity survive that 12/24/36 ...

How important is a knowledge of maths?