Got 6852 buy limit activated yester, now 80 pips and the cable rocket isn't done yet.

Cable Update (GBPUSD)

Maybe on the crosses but the NU is surely bullish and a breakout is fast approaching: image

NZD/USD

Looking a push to activate buy limits at 6850. The morning PA is still slooow..

Cable Update (GBPUSD)

Apart from the fellow who are always bragging on the forums, I am yet to see a profitable and experienced BO's trader. I guess these guys have the skill to attract a rookie but experienced traders would rather wait for some time.

Binary Options: How hard is it to predict trend changes?

Bullish pennant forming: image Likely continuation setup for more buys.

Cable Update (GBPUSD)

Classical impulsive and corrective move for a trade set up image Short term, but good enough for a start

USD/CHF

Spreads widening before news: pretty much a normal occurrence in trading. Perhaps you should learn to avoid trading before such releases/

Spreads widening before news release

The CJ is looking quite strong the lower TF, would love to see some correction just below the 93.00 region before going long for an intraday scalp' image

CAD/JPY

LOL, Another piece of evidence against publicized trading. It all heads south eventually.

What is monthly average earnings for forex traders?

Keep on going son, image Keep yapping Draghi

EURUSD

Yet another short 15 point scalp image

Cable Update (GBPUSD)

I withdraw it every week. After all the goal is to make money. Instead of pumping up an account, I find it easier to open a new one.

How much should we withdraw?

What's your entry criteria for the two trades? yes price is on a former R/S zone, but what's your trigger?

Price Action and Trading Discussion

First trade of the day, image Will probably scalp this one

EURUSD

I would probably have closed that the moment it goes past -50 points, and forgotten about it too

Describe your way to "save" a bad trade

On average, sure. Instead of making 7 daily, make that four 35pips trades over the month and you are all set.

7 pips per day? is it possible?

Start with the free stuff. Babypips and Forex peace army schools. Afterwards pick a trading style and specialize:

How to start learning Technical Analysis

The deal with scalping is: Take out the profits at the end of the trading day. They may not make as much as they claim, but they make a good amount. Hedge funds making 10%. Right: the question is 10% of how much?

Do scalpers make money in the long run?

And after the reaction, consider waiting for the first retracement before buying.

How do you buy support?

Yeah sure. I know a good number of good scalpers. They can't hold it past 15 pips but make their share by the end of the day

Do scalpers make money in the long run?