Hi HTG, good post. I had a clear goal when I started as a rookie. I reckon trading Forex and other instruments will remain for generations to come. So I decided to invest time and other resources to do research into how to trade this financial ...

Flying Dutchman

Hi Pete, based on what I read on this thread I don't think anyone of us on this thread practise EW style prediction. That is to predict where price would go to in the future. Like OliveTwist wrote it's a big advantage if we can do such prediction. ...

Flying Dutchman

Hi Ihlas, some traders aim for high win rate, low loss rate. Some trade for a living traders aim for a a wage. Some aim for a 2nd income. Some hope for a replacement income. Some investor traders aim for a % return. Some traders aim to make lots of ...

Flying Dutchman

Hi Pete, predicting momentum continuation is a tricky business. Top down approach using traditional technical analysis. Can the trader predict during US market on Friday momentum will continue for 200pips towards target2 ? Or trader has to predict ...

Flying Dutchman

Pete, you touch on a very important aspect about prediction. An example. If trader1 say 1.03 e$ is the support at a lower point on the chart. This means trader1 expects the market to trade at and higher than 1.03 and not lower(with allowance ...

Flying Dutchman

There's a catch, the trader has to predict the momentum continue after he click the buy sell button. Traders make all sorts of prediction. Predicting the future is our business. What we are predicting. With what trusted tool we use to make our ...

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The day high is weekly open line.

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Hi Onra, my answer.

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Day trade for a living to pay the bills is the worst mindset for trading - limiting and handicap mindset.

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Time to buy ?

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GJ sell-off finds the June open line.

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I wrote a post 2years ago about proper research(points 4 and 5). Nice, consistent profitable account is not proof of proper research. There must be empirical evidence collated from a scientific setting. url

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Hi Kev, the charts posted here the last few days have all the info that's needed for new traders to learn from. Just put all the info together. Look at the clock note the time while trading. And remember don't trade the "rocket" spike. Cheers

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I don't trade with bot. I don't trade with exotic indicators. I don't trade with paid indicators. Simple MT4 trading platform that's available to everyone, also available on our phone. No need for over-complication, over-sophistication. Next week ...

Flying Dutchman

Shortcut trading is buy here sell here signal from indicators. The modern looking indicators are very attractive, makes the trader look savy, smart and knowledgeable. Paid indicators that's not available to the masses are 3rd best. Make money ...

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Hi Onra, what spectacles do I wear? Spectacles that see big targets. I have written many times, don't scalp and it ruffled feathers. I did not give further explanation. There are many reasons, long story. The main reason is scalping ingrains a small ...

Flying Dutchman

Nice call Ihlas.

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Eversince cov19 and this Ukraine war it's just been great. EURUSD is at it's best for a while. Lets hope it stays this way.

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Hi Pete, this post sums it up. url

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Perhaps a discussion on whether there's any advantage to the retail trader with this much higher daily %change. Give details how and what specific advantages have made a difference to your trading? Edit - For value speculators, the long tail ...

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