Let's see how far would this bounce go from the 116.50-117.00 go on the daily chart although i am still quite not convinced it would turn around with full strength while the latest CPI is still threatened by the low energy price. bull crossing on ...

USD/JPY Discussion

Stocks are falling everywhere, oli is under 30, rate hike in Fed is off the table for sure. 116 is very like to get broken through.

USD/JPY Discussion

Negative CPI, oil continue below 30, we have a < 116.50 USDJPY image image url

USD/JPY Discussion

USDJPY 116.50 holding while Crude Oil breaks bellow 30 dollars per barrel. url image image image

USD/JPY Discussion

Window tablet would a good choice since it does full support on the desktop MT4/ MT5. It looks quite fleshy in the coffee shop as well. Good luck on the FX trade! Please feel free to come in my travel blog and share you trading on the road pictures ...

Desktop, laptop/notebook, or tablet for day trading?

Hi PipPirates, I'd suggest you try the mobile MT4 which would give you a lot freedom. Remember, get the app first and check if it has all the indicators you need; otherwise, you will have to run the chart without your favorite indicators, and that ...

Desktop, laptop/notebook, or tablet for day trading?

Entry 011216 Many traders overlook the the risk within their systems and the market while spending most the time focusing the gain instead of the risk. I love outdoors, and many outdoor sports have its ways to inspires me in many aspect of life. I ...

The 10,000 Hours and Beyond Club

Couple hours till the NFP release, and that puts us a little bit above the 1.0000 level. image

USD/CHF

After a brief search on FF on the subject of risk management, this 12-year-old thread seemed like the only thread that touches base on the Risk Management (in my opinion) part of trading. image So instead of making a new thread, I'd like to pick ...

Risk Management

Thanks for those who showed interest in this subject. I received couple message on how I do it. Sorry, For now I am NOT planning to thoroughly explain it due to my busy schedule while already have handful of threads need to update and follow up. I ...

Calculate the TP using ATR

Hope this photo helps you find where to look for the open price. image More on candles url Once you figure out what the ATR is on the time frame you like to trade, 1.5*ATR for SL and 3*ATR for TL. That's 1:2 risk : reward ratio which is pretty ...

Calculate the TP using ATR

Contxt, I wouldnt advice to place a trade 20 minutes before the FOMC Meeting Minutes release especially when dollar is on the bear back since December FOMC Meeting Minutes. Too much risk at stake. Good luck tho.

USD/JPY Discussion

forexintradi, good comment. thank you. I would like to define the risk before place the trade. This way we know where our bottom lines are when things go south, anything we have absolutely no ability to predict. Yeah, trading without a sl + euphoria ...

Trading without stop-losses

Hi tashkent, This is such a touchy subject to commented on. I am not choking on your ball sack. I am just gonna toss in my 2 cents as reference and reference only. I hope it somewhat helpful at certain extend to whoever is reading it. Do you mean ...

Trading without stop-losses

Endure life's pain, you will have a easy life; Endure life's easiness, you will have a painful life. Let life touch you. Don't let it kill you. 2016, here we come. image Tokyo Opening at Laguna Beach.

Another Day, Another Chair, Another Day in the Office

trade with a sl as a key part of your risk management is just the start and foundation. Becoming a successful trader, that's really another story. I am not successful, but i did trade intensively since 2007 and saw and experienced a lot more than ...

Trading without stop-losses

If the stop gets hit very often or at a rate it is killing you around, it only means the stop does not fit into your system. There is nothing wrong placing the stop, but where. Correct. sl also protect and lock your profit before you trade the FOMC, ...

Trading without stop-losses

Demo is a good way to start learning FX trading at zero cost. What other business offer such great start? Nope. So the answer to you question is YES.

Is demo a step before real trading?