nice market for some scalps...i guess, every squeezeplayer in town does have a close look on this...

USDCAD trend reversal?

a q of timeframes...on the daily chart market has made a new low and theres no sign of a trendreversal on the daily chart yet...(there has to be a rally followed by either a double bottom or a first higher low to even consider a potential trend ...

USDCAD trend reversal?

WTB is spot on !! also look at this url the "context" is just the higher timeframe trend structure also, whatever system you use, theres always YOU...theres a so called failure of invariance in peoples decisionmaking...in a nutshell it means, that ...

90% of traders fail? - just a thought.

to be a contrarian seems to be a natural tendency among a lot of newcomers...they like to go against the "crowd"...gives them more reputation maybe... the original contrarian approach was a bit different as shown by the old saying: the crowd is ...

Trading the Trend

as a standalone trader, you have to perform and you have to compensate for the lack of behavior and mental control...im also running through a lot of methods that i pick up here and there in order to find something...but i know, this is just a ...

Ever think you are loosing it?

"As a trader, you need to ask yourself if you are going to use the same time frame for signals, entries and exits or go to a lower time frame for the entries and /or exits. This is a common practice but hard for beginning traders to do as they tend ...

Question on Time Frames....

btw.. here is a more advanced concept..it is about buying new momentum highs url

How to trade the trend?

btw..heres a "shortcut" 1. just pull up a chart of your favorite timeframe 2. wait for the market to make a NEW high or a NEW low on the timeframe 3. wait for the pullback or rally 4. enter on trend resumption

How to trade the trend?

it might be a highly personal thing...i never feel the need to read about other peoples opinion on specific pairs and if i do occasionaly, it has no influence on me...ok, i have to admit, im one of those guys that never listens to what others are ...

Too much reading?

in one of the joe ross manual, he defines certain spots where 1. a new trend is "defined" 2. a new trend is "established" say you have a downtrend...and later an uptrend then the sequence goes: ...LH-LL-LH-LL-LH-LL..*[...]*..HL-HH-HL-HH... (LH = ...

What is a trend?

i think, there a basic fact in trading, that is: we are trading on "price"..not on ma, indicators whatever so, if i want to trade off of price trends, the only thing im interested in is the q: is the "price action" on the timeframe i want to trade ...

How to trade the trend?

url quote: "While you may trade the trends on the smaller time frame, waiting for price action to show it is going to move in the same direction as the larger time frame is trading with the trend."

How to trade the trend?

fxsurfer, a downtrend is a sequence of lower highs and lower lows...if the sequence is broken, the trend is terminated for details you can look here url what i have shown is only a simple entry rule....if a rally/correction turns out to be a ...

Follow the trend!

heres asimple way of entering a pullback/rally in the direction of the overall trend in case of an downtrend....the price has to cross the 6 EMA from the downside, hold above the 6 EMA and the moment price is crossing the 6 EMA for the upside, this ...

Follow the trend!

lets see what mark d.cook has to say on this one...

Honest answers please! Are you successful trading on Forex or not?

well...you got it...there are no shortcuts.. if you want to adopt your style/method/approach acc to market conditions, you have to a) know/define the interface between different market episodes as ...

How to know if a system will work for that week?

you can also read this url quote: "While you may trade the trends on the smaller time frame, waiting for price action to show it is going to move in the same direction as the larger time frame is trading with the trend." maybe thats what youve ...

What's the benefit of lower time frames?

terminator, what you are talking about is profitability...thats a prerequisite...as a retail trader, your "edge" is just that you dont have to be in the markets at all times...that is what allows you to extract some money

The 2/1 risk/reward MYTH...

hhmmm..the top reason why trader fail is lack of perseverance...thats all..

Doing things the "easy" way = failure?

to put it simply, volatility is the amplitude of the price swings a market has made over a given period of time...a pick up in volatiltiy gives traders more profit potential... to put it the easy way...if, for example, the high-low range on the ...

Just 1 Question,Please "D