Once again great post by hanover.

Q on CandleSticks and Nisson.

Great trades...that short trade which you took on gbp/jpy at 150 levels is still going strong.

Spongebob's VS GBP/JPY Journal

Brave trader.

100 to 1000$ in a day regularly Target

lol..hangseng can range like 800-1000 points on eventful days.

Pairs with high daily pips range

But human behaviour repeat itself again and again? The million dollar question- What is your trading 'edge'? If you can identify whether bears are in control or bulls are in control, you will be on the right side of the trade.

All forex traders need to understand this

I like what Chicky once said: Capture big pips by trading on a larger TF. This is a good way for a newbie to start making pips. The problem is most newbie starts to day trade which is incredibly tough. When i started to trade on daily candlestick ...

Make Millions Trading Fx

EUR/NZD rangle like 200-300 pips a day. GBD/AUD as well.

Pairs with high daily pips range

[/URL] [/CENTER] [/QUOTE] Excellent. Trading larger time frames is successful and less stressful trading. Capturing 800 pips in gbp/usd sounds good. But GBP/USD is not coming straight to 1.48 levels or GBP/JPY is not heading south to 1.29 in one ...

Just an observation & learning process

EUR/NZD is -95% inversely related to NZD/USD !

EUR/NZD Weekly Review

I agree with you DANUK. I trade on daily time frame- looking at daily candles but with a monthly perspective. I have found if daily candlestick shows certain patterns on monthly support/resistance or monthly pivot levels, those are strong signals.

How to trade on a monthly TF?

USD is heading to 1.27- thats a yearly pivot support 1.

Where exactly is the dollar headed?

yeah...i am now serious in finishing my studies and try to find a full time internal audit job. In the meantime, trading forex will continue..i am not making enough at the moment from forex trading which pays my bills.

The future of trading is worrying me

I see daily candles and try to figure out how it stacks up within monthly trend. Each month i have observed- there are 2 main trends in forex market apart from congestion zone. For 1-2 weeks, the price is bullish/bearish and after hitting ...

Weekly and Monthly TF trading - Wow!

Long AUD/JPY starting from monday.

AUD/JPY

Great post from a great trader.

The Market Explained by candle sticks and price action

I hope you were allright when you had said the above thing. One needs brain to decipher what previous day candlestick is signaling. Go and read candlestick theory, practice it on charts and then you can do some justice to great art of candlestick.

The Market Explained by candle sticks and price action

I agree..monthly is too slow. There are approx 20 daily candles on a monthly TF. Right now i see most pairs are sitting on monthly support 1.

How to trade on a monthly TF?

Yes for newcomers, trading on higher TF is good way to make pips. One is cutting all the noise and focussing on bigger TF. From monthly TF, then noobs can start weekly TF and then on daily TF after a year. If one can trade daily TF profitably, ...

How to trade on a monthly TF?

I agree but day trading is immensely tough and thats the reason we have 95% who fail trying to day trade. As per Larry Willams ( the guy who made millions out of commodity trading) the best way to start trading is position trading. This is what ...

How to trade on a monthly TF?

Hi Mate, I agree with you...loads and loads of patience is required to trade on monthly TF. Right now as i am looking at the market, most of the pairs are now flirting with monthly S 1. Only the next 1 day price action will tell if they are ready to ...

How to trade on a monthly TF?