10/30 - 11/3 Results... — Rough week, especially for 2 new pairs I've volunteered to report on: For the GBP/USD the trigger price did not hit as the price never dipped to that level, but the price did reach the take profit level of 9002 if a ...

Weekly Trading With Nip And Ropes

Darnell, check out the journal factory for the new journal, weekly trading with Nips and Ropes. We are now providing the set up for 8 different pairs each week. This weeks #'s are posted right now. -Jim

Weekly Range Method

Adding more pairs for week of 10/30-11/3 — GBP/USD Long: Projected Entry- 8837 (only enter if next weeks price retraces below target 1st) T/P goal - 9002 (165 pips potential gain) S/L max - 8662 (175 pips risk) EUR/USD Short: Projected Entry- ...

Weekly Range Method

Darnell, One correction I think I see.....the target entry should be the WEEKLY median, not Friday's median.....therefore, we should use the most recent week's median of 8837.

Weekly Range Method

So, in the "real world", for every knucklehead that goes long "x" amount of lots, does the broker goes short the same # of lots, or do they "hedge" their bet and short even more lots to make the longs lose???? And somehow, if I compare the price ...

Making Real Money in FX

So all this makes FXCM a bad broker and all traders lose money, or does the setup on Oanda just suit your needs better? Please explain in factual detail how FXCM "robbed" you if you believe that is what happened........I've been waiting a long time ...

FXCM Discussion

Hey G-dogg, hope I'm not being insensitive or overly judgmental, but I see a couple issues with your current trading process.....1st, and most obvious, I don't think you can set a 15m strategy on a "set it and forget it" mode and hope for success, ...

does this only happen to me?

Agreed, this is just one extra tool in the toolbox for me. I'm more of an intraday trader who looks at weekly concepts as either a solid base, or a healthy bonus. Based on your original hopes, and above observations, this system is one that needs ...

Weekly Range Method

Early Results!!!!! — Both Targets hit, and it's only Monday Morning!!!! Move the stops, and/or add a trail and see where it goes!!!!

Weekly Range Method

Week of 10/23-10/27 - Triggers — GBP/USD Short: Projected Entry- 8806 (enter as soon as Friday's close of 8832 hits target) T/P goal - 8691 (115 pips potential gain) S/L max - 8869 (63 pips risk) EUR/USD Short: Projected Entry- 2618 (with the ...

Weekly Range Method

Week of 10/16 - 10/20 - Results — Well, this was the week that proved this system can work with proper money management, and may be questionable as a 100% mechanical system. This week the EUR entry of 2548 triggered once the previous week's ...

Weekly Range Method

I don't know.... — Jrod, First, welcome to the wonderful world of FX and to Forex Factory!! Maybe your are a prodigy, maybe you are not. I do know that if you are a prodigy, you are amongst a small, elite group in the fx society! I wish you ...

beginners luck?

To be honest....I have a "special" arrangement going on as far as my charts, so I do not know the answer to your questions?? However, if you still want the FXCM feed and go to the FXCM website. Look under Trading Tools, then Charts...they offer ...

FXCM Discussion

Hello RumpledOne, I'm intrigued by your thought above, and it brings to mind one or two follow up questions: 1- was this some sort of recco for a short to mid-term hedge position plan, where, at another point in time you might want to reverse the ...

Is the Eur/Usd more volatile than Gbp/Usd

I'm pretty much a "brick & mortar" kind of guy in general......it's not very hard for me to display the chart data from the weekly and Friday daily and do some quick figuring with a good 'ol calculator and scratch piece of paper. It only takes me a ...

Weekly Range Method

I agree that fxcm is more user friendly and visually appealing vs. fxsol, but I think you can adapt to any platform with practice. The only thing(s) that keep me trading at fxcm are: 1- very well known 2- financially solvent 3- my charts from ...

FXCM Discussion

No, what I'm saying is that if you refer back to the 5 min chart, the high during the 6:05 pm CST candle was 149.96, and at whatever instant (or possible various instants) price touched that level during that 5 min candle, your actual price (due to ...

FXCM Discussion

That's what I said, thanks!

FXCM Discussion

Well, thanks for the advice, I will track all my trades to make sure it doesn't happen to me. When they feel the need to put me on manual, I will simply close the account. Other than that, I am good for now. Hope our exchange has helped the bigmo ...

FXCM Discussion

Thanks for the link, I did read many of the reviews on FXCM (as well as others, like ACM,Coesfx and GCI) , and I have to still conclude that FXCM isn't as horrible as made out. This is supported by several posters on there (mixed in with the ...

FXCM Discussion