12 But Risk isn't always the same... Bigger chance of hitting my TP than SL looking at time of day and PA

EURUSD

Also said I think we would settle at the pivot and that is where I took my profit... Only 20 pips but you do that 5 times a day and we all good :-)

EURUSD

Who you talking about :-D I'm getting short on $EURUSD here with SL above Highs

EURUSD

I reckon we will settle close to DP today... Around 3292

EURUSD

Played Eur short this morning for 40 pips, saw the long coming but didn't take the trade... Man oh man.

EURUSD

...

EURUSD

There is no FOMC tonight mate... Sept 18: Taper announcement and Berlusconi decision Wait for 3280 and get long targeting the highs?

EURUSD

Why not wait for NY open and see where they want to take us?

EURUSD

I've got 3284 which is 50% fib from yesterdays move...

EURUSD

I'd be watching NY try to attack the lows, if failure, up we go again...

EURUSD

Agreed...

EURUSD

Agreed, she's only reacting on news which means those are almost the only opportunities out there... I know two fulltime traders who have moved from forex to indices. They now swing trade forex and daytrade indices... Seems like I might have to go ...

Cable Update (GBPUSD)

Hoping with the summer months over, we could return to some normal trading! I've even added ES futures trading to try get some more opportunities!

Cable Update (GBPUSD)

Crazy isn't it!!!

Cable Update (GBPUSD)

Anyone else here feel like the last couple of weeks have been really crappy to trade with the low ADR and the Asian markets moving us many times? Unless of course you trade longer term

Cable Update (GBPUSD)

If you want to sell, wait for PA to get to around 3404 and put SL 3417 but you'd be looking at more of a scalp than anything else... Could perhaps get 30 pips... I'll post if I decide to short ;-)

EURUSD

If you take 5 trades a week with 1% Risk and RR of 2-3 and 50% accuracy then you are looking at 20 trades with 10 profitable, 5 with 3R and 5 with 2R. Take the 10 trades you lost off and you still have 15% pm. You obviously didn't thin through your ...

Here's the answer to "Can I make a living from forex"

I been going about 2 Years if you put all the time together and I still haven't gone live, but getting there... I'd say 3 years if you work really hard ;-)

Here's the answer to "Can I make a living from forex"

Awesome post! Agree 100%...

Here's the answer to "Can I make a living from forex"

Something is only impossible if you think it is...

Here's the answer to "Can I make a living from forex"