So far 50 pips profit. Maybe just luck? Will analyse over the long-term but it's definitely looking like the most promising system I've tried so far.

News and Currency Strength - Is it really as simple as that?

This might sound like a silly question but, couldn't one just look at the long term trend to gauge the sentiment of a currency? The GU chart has been under the 50SMA on the daily TF since May. And, mostly under the weekly and monthly TF's since ...

Fundamental Trading Always beats Technical Trading 100%

That's exactly what I'm wondering! Luckily, I got a long in just before it took off. BE already set in case it's a spike.

Cable Update (GBPUSD)

Hi Altleftshift. I found my trading really came along after looking at the successful, red flag, members who post their trades in the Interactive Trading forum. I found it much more useful than any other forum on this site. I never copy what they do ...

Big News - Bond traders please contribute.

I'm surprised this thread isn't more popular? Saw a really nice setup yesterday. On the daily chart the price hit the top of a descending channel for the third time, passed through a support, and also crossed an ascending trend line. I took a short ...

EUR/CHF

It's crossed the 100SMA on the daily chart so now I'd only be looking for sell opportunities. First one might come @ around 1.300 for my strategy.

USD/CAD

Looking like it's still going to go up? This is why I always think it's a good idea to wait for a confirmation signal. My new possible entry will be 1.293 if it sticks to trendlines, supports etc.

Cable Update (GBPUSD)

For me, on the daily chart, it's hitting the upper range of the descending channel. Just waiting for it to finish under 1.29 on the 4hr chart at 14:00BST, then reject again from the 1.29 @ 18:00BST. If it shows a sell pressure after this point, I'll ...

Cable Update (GBPUSD)

Wonder how the USD would react should Trump be impeached? I imagine that would be a 500+ pip move? Or, if the UK exits the EU without a deal - that could trigger a 500+ move too? Let's hope one of those things happens.

Big News - Bond traders please contribute.

Can I just say, I find you hilarious. No sarcasm intended! I looked at that too during my early Forex days and came to realise that it was just far too much faffing about. Whether it works or not is another question. However, there are much ...

Paradox system avg monthly ROR for last 12 months

You've been learning Forex for three weeks? That's nowhere near enough time to start using real money. I'd say minimum of 2 years. Go straight back to demo. With respect, you're not disciplined enough either. You can have a great strategy but, to ...

EURUSD only

You were right - it did go down a little further. Still in the process of refining my trading strategy. Each day I feel I'm getting a little closer to profitability even when a trade is a loser! Until then, 0.01 orders. I'm going to add Fib. levels ...

USD/CAD

Just out of interest, how have you come to that conclusion?

USD/CAD

Took a long as third touch of the channel, and the bears seemed to run out of steam yesterday. Fingers crossed!

USD/CAD

Ha, the guy on that is an absolute idiot. Blocks anyone who disagrees with him from posting.

What helped you the most?

I mainly deal with all the major/minor currencies - I don't focus on the exotics. I keep my strategy simple. I just look for descending/ascending channels on daily charts. The on the third touch, if there's a buying/selling pressure in line with the ...

EUR/CAD

url The CAD strengthened because their CPI outperformed expectations. This is why the chart went down. I've been holding a short on the GBPCAD as the downtrend reached the top of the channel on a 4 hour chart. Also, price action was telling me ...

EUR/CAD