What i have found that on a monthly TF, there are 2 main trends which takes place- First the price makes up/down trend for 1-2 weeks, then hits resistance/support and start another trend for 1-2 weeks. I can be more profitable on monthly TF then ...

How to trade on a monthly TF?

Weekly pivots also give false signals. I am now trying to use monthly pivots.

Weekly & Monthly Pivots

Great mate...it seems forex is working for you.

list of traders for living

On a Monthly TF, i took a short on monday at 0.87437. I am targetting 0.85224 region in the next 5-7 trading days. That will be 200 pips + gain in this slow moving pair on a monthly TF. It is not able to break 0.8762 levels. If a pair is not able to ...

EUR/GBP - What a great pair to trade!

Yes it is going to be retrace on both G/J and U/J but its equal to playing a counter trend play while shorting them at this point to grab few pips. U/J is a monthly breakout and the trend is up till 93 resistance zone. I am looking for retracement ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

I know mate. If you read the threads, everyone was saying short on G/U. Short may even work out in the next few days but it is heading first to 146 before deciding what to do next.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Shorting G/J is a bad idea till 146 zone. If it breaks 146, then we are heading to 148.50-149 zone.

Auslanco - GBP/JPY and GBP/USD (newstrade)

I have taken a long on U/J at 91.14 for TP of 92.50 on a monthly TF. I will have to wait for atleast 5 days for this TP realisation. On a monthy TF , U/J looks to me bullish with Resistance zone at 93.

Auslanco - GBP/JPY and GBP/USD (newstrade)

I dont think Jacko trades 30 pips..he takes big trades with take profit 100 + pips.

Auslanco - GBP/JPY and GBP/USD (newstrade)

It is a wonderful thing to trade forex and live with forex profits. No need to go to office everyday. Lets hope someday i can make enough forex profits so not do any job.

Are there any full-time traders that are living off the FOREX profits?

You sure thats the Rob method? The problem in MAs crossover is it also gives false signals.

Once again!! Always trade with the trend!!

Rob Booker is an amazing forex success story. He trades full time for living.

Once again!! Always trade with the trend!!

I am a student trying to become a professional internal auditor and i have 2 thoughts in my mind- should i try for a full time job or try to continue to trade full time? I trade only breakouts/high probability trade on monthly Time frame, so all i ...

list of traders for living

I want to short on 146 levels on a monthly TF.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Yes the more complex the system is, the more confusion it creates.

The more complex the less reliable

To which pair you think GBP/JPY, GBP/CHF, GBP/AUD are corelated?

eur/nzd correlation

Great trades. Keep it up. I am long on GBP/JPY from 144.70. I am expecting 149 next month on monthly TF.

Spongebob's VS GBP/JPY Journal

Yes buddy..you are right. EUR/NZD is strongly inversely correlated with NZD/USD.

eur/nzd correlation

Thanks Hanover for your wonderful and detailed response. RR in your trading set ups is extremely favourable.

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