Hello, question, when you trade long term, do you use any stop lose? or no stop loss at all? and if you do, what kind of stop loss you use, how many pips?

AUD/USD

That's why most people say that FOREX = GAMBLING.. With -10K number, the AUD should go down like mad, but it goes up... who can really understand this? Pretty crazy if you ask me.

AUD/USD

Ouch,,, Im wasting my time reading the long James 16 thread? Are you saying price action doesn't work? Baically, nobody knows how the market will react, nobody knows it, nobody can predict the future. also, even if you stick to the news, you don't ...

Anyone else going round in circles?

Are you being Ironic, man? Silver is no way going down. It will keep going up and up during all this year. Of course with some bounces, but no way to 21, but small bounces due of take profit sells and such. Be cautelous, you don't want to lose your ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

1,4020... and moving up... when will this thing go down?

EURUSD

Anyone else believes (part in experience and part in technicals+fundamentals), that XAUUSD can probably reach 2,000 in the next 14-18 months?

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Right, I hold XAUUSD for like one week and closed with profit, Although the interest was big, in the final picture, it was not a big effect to my profits.. I just wondered why XAUUSD had so big interest payment.

james16 Chart Thread

if you keep your trade open for weeks, how do you deal with the daily interest you must pay to keep the trade open? you must pay bg interest every day and if you keep it open for weeks, you lose lots of money.

james16 Chart Thread

I am trying this method on 4H and Daily charts like the thread suggest in the rules for new traders. However, when we trade in long term, like the thread is suggesting, we must pay a lot of interest to the broker to keep the trade open... So, I come ...

james16 Chart Thread

I understand what you say, but I agree with you, that most traders don't need it. For example, why would a trader run som automated robots? From what I read no serious trader should do any automation, and there is no such thing as a Robot that makes ...

Why some people use a VPS to trade FOREX?

Who was the creator of those 5 steps? I read those steps everywhere and I see all traders respect them and have those steps like "the paradigm to follow". The guy who invented those 5 steps must be a genius, really.

What most newbies must go through when trading Forex

Very good thread. I always feel that you need a big account to trade on higher timeframes, because you need bigger stop loss and more margin to afford the swings and leave the trade open for long time. While on lower timeframes, you can trade and ...

the most profitable TF

Good call, man.

EURUSD

Well, It looks like I did know. Check the graphic, dude.

EURUSD

Now is the time to short EURUSD. It will go back to 1.3740-1.3750. Definitely Short EURUSD.

EURUSD

Does anoby know at what hour on sundays, the spread goes back to normal for EURUSD? Right now is 10 pips at oanda. Also, when Aussie market opens, should the AUD spread go back to normal?

EURUSD

Sorry, but if most indicators are wrong and lagging, then why do all traders use them? I just don't get it. So, you say that our brain will tell us later? Is it some kind of "Intuition"? Not far from Tarotism and maybe Gambling. Care to explain?

Help for Newbies (Discussion Thread)