The S&P 500 is at all time highs, except todays close which was worse than its open -1.43%, which also reinforces this bearish sentiment on the USD. The 10 yr T bond also shrunk -0.08% Also the FED cut its monthly bond buying program to 25 billion $ ...

Trading like a Pro

Finding a profitable system is not something esoteric or hidden or whatever you think about it.It's just that you didnt look hard enough for it, its pretty easy to find it once you learn more about the markets and how they work, and not waste time ...

Winning Systems

NZD/JPY trade closed, it was a little scalp, as i rethinked about it, instead i replaced it with USD/CAD because the CAD GDP was a better sentiment in my opinion than the NZD neutral week.

Trading like a Pro

3 new trades were put on, to keep the margin used effectively. The 3 new trades are pretty much exploiting the GBP weakness. The JPY and CHF currencies are risk aversion or safe haven currencies, if the USD drops, these 2 always strengthen as the ...

Trading like a Pro

Ok there is a change of plan guys USD Chicago PMI 52.6 This news was a pretty minor news, however because it was so worse than expected it caused a huge selloff in the USD.I was not in front of the PC so i just came back and see that our USD/JPY and ...

Trading like a Pro

GBP/CAD dropping as predicted I put the TP lower because i think the juice will be enough, as GBP was really neutral possibly slightly bearish as the today's news (GBPNationwide HPI m/m) were bearish. So combined with newly GDP strength in the ...

Trading like a Pro

Ok lemme give you a few charts guys to make it more visual as my comments arent exactly visual or easy to visualize image This is my AUD/USD setup SL is already trailed, while my target is above the lower support @ 0.923 image The USD/JPY i ...

Trading like a Pro

A little bit of correction as i forget about the USDEmployment Cost Index q/q Yea i see that its positive so it gives more bullish sign on the steamroller dollar, so USD/JPY goes up to the next resistance, while the AUD/USD drops down to the next ...

Trading like a Pro

And its BULLISH for Canada, so forget about EUR/CAD I doubled the GBP/CAD short instead. Also the USD unemployment is neutral so everything else is ok, perhaps i see that now the AUD/USD is even weaker so i loosened the TP to book more $$$$$

Trading like a Pro

If the CAD GDP is bearish we go LONG on EUR/CAD And we exit GBP/CAD short , if not then hold on that and probably double the position..

Trading like a Pro

This thread its just stupid ,of course SL is good. Trading without STOPLOSS means that you dont have a fking clue where the market will head towards, because if you do then you would have no problem with putting a SL. So a LACK OF STOPLOSS is a LACK ...

Trading without stop-losses

Oops i posted in the wrong thread...So i will post here too Well than the biggest thing that holds back traders from profit is: the lack of knowldge Of course you can say its lack of discipline or poor Risk management, but actually its lack of ...

Your Trading Struggles - What is the biggest factor?

Not its not hard, its actually very easy once you know what you are doing. If you dont know what you are doing then its extremely hard, of course.

Is trading really that hard?

Please i need help! I need a system with Stochastic,MACD,TDI crosses combined with Eliott Wave & Pivot points combined with Bullish/Bullsh*t Harami and Engulfing patterns and S/R analysis combined with MA divergence and Fibonacci Bullsheeeet and ...

Any Rookies need some help

I dont really care about the winrate, the expectancy should matter which is PROFIT/NUMBER OF TRADES, so AVERAGE PROFIT is it. But even so, i think the most important number is in order: 1) Equity DD 2) Return 3) Sharpe ratio The others are optional ...

What is a 'Good' percentage for winning trades?

Stop wasting effort to explain them hanover,some people just dont get it, some people are just so naive (no offense to anyone) that they think with a simple EMA crossover strategy they can become billionaires.If it were so easy then all people on ...

Forex - trade your way to millions

1) Incorrect, low capital is the way how new traders should start, but at the same time scale your position accordingly to your balance 2) Agree 3) Not properly defined, as greed is also a good motivation tool, so i dont think greed itself is bad, ...

reasons why traders lose

Ok this is lame, if a trader needs a monkey's help to trade, then that trader itself is a monkey or worse

Analysis using animals

Nope, chances are that (99.9%) that you gonna lose all your money in your first live account.So its better to trade demo for a few weeks months and you will realise 3 things: 1) That strategy that you have wont work after all 2) You must find a ...

Should I go LIVE?

Depends on the RR i have, which is now around 1.2 Reward to 1 to 2 Risk, so i have like maximum 3 losers in a row, but very rarely, as i have multiple orders on, and they are hedged so i dont really let the Equity go below -6 or -7% DD of the ...

How long was your longest Losing streak?