In fact, every trader that likes the idea of S/D zone or trade it, could give the same explanation (though I like the way naughtypip thinks). Based on the equilibrium of the markets, I can say that S/D zones can be calculated very easily based on ...

Trading consistently for profits

I understand this logic, tried to apply it myself with different systems in the past and 2 things happened: I didn't like switching TF's and 2. Is as unreliable as any other indicator. There always is a higher TF until there isn;t one you see but is ...

Trading consistently for profits

Great logic... But, letting aside the human psychology that is somehow driving the markets, how could you determine a S/D zone (or a S/R zone) ? Isn't kind of subjective for every trader to decide where to draw a line/zone of S/D? Same for trend ...

Trading consistently for profits

Some good answer...by the way, the E/U is my favorite. Actually most of the time is the only thing I am trading lately.

Trading consistently for profits

Hello NPip, glad to see you join the thread. Not really. As you can see in my picture above, there is no TF mentioned. Could you say what TF the above picture represents? The price is the same: it goes UP or it goes DOWN (by the way-price never goes ...

Trading consistently for profits

Hello Jake, I am not a big fan of fundamental trading as it is not reliable in my opinion, unless you hear the news before everyone else. I am aware of certain systems that are trading only during news and try to 'hunt' pips but that is not my idea ...

Trading consistently for profits

What do you think of the image above? I understand that is too soon to understand the balance of the markets but what is your opinion on how this particularity can be traded or what else should you know to trade very profitable?

Trading consistently for profits

Probably some of you have read a lot of books as I did and a lot of forum threads. Maybe some of you heard the concept that a market is multi-dimensional one. This is somewhat true... The markets are very easy to trade as long as you know what to ...

Trading consistently for profits

If a trader understands the equilibrium of a market, how is it achieved and determined, it almost immediately knows how to benefit from it. The image below will show you (a random picked example) of what equilibrium is in the market. This balanced ...

Trading consistently for profits

I remember your thread. You're one of the traders that are thinking and want to achieve profitability, not someone that thinks trading is about colored indicators. High probability setups are good for some profits and if you can achieve a set of ...

Trading consistently for profits

As a response to one of my posts here, I want to make an annotation for someone that PM'ed me earlier, because I started with the markets not being random so I believe it is a good time to address the following: "I could say that there is indeed at ...

Trading consistently for profits

First of all: the markets ARE NOT RANDOM! This is not open for debates as it is not a question. There has been a coin toss theory for some time now, roaming the forum and how the markets are random. Markets are not random. Any good trader that ...

Trading consistently for profits

TradeDream you gave in this thread a few good advices on trading. I agree that at some point a wannabe trader should stop from acquiring knowledge, until the trader is profitable and consistent. But this should happen after a fair amount of ...

​ Improve Your Trading by not Reading this

I had to reply to this thread as the subject has been brought up by many traders in the past. Some even tried to develop a system based on coin toss...that didn't went well as you can imagine. Hanover, not only is an old member of FF (been reading ...

40000 coin toss chart with data from Berkeley University

Forexia said "An amount you can afford to lose" which is pretty good answer taking into consideration that every trader has a different account size and psychology. I have a very small drawdown, and not because I could not afford at this time to ...

What do you consider as "acceptable" drawdown

The question is good and not only for experienced traders as myself, this is a question every trader should ask him/herself. I do not use a fixed percentage on risk:reward because I don't expect the market to give me a fix reward every time. If I ...

What is your average risk to reward ratio?

Indeed a lot of people lost their accounts during the unexpected CHF move on Thursday but in my opinion this is a bad time to take a step back from trading forex. Why? 1. The volatility is back - this means money. 2. Not so long before new ...

Has the latest event with CHF affected your outlook on forex?

You can use only one...they give the same result in the end with the proper settings anyway....try it

Identifying Market Swings - Medium and Long Term Trading

I wonder if there is one trader that could have shorted the CHF based on fundamental analysis. I am a technical analyst/trader and never thought that fundamental trading could be of any help to normal traders (not having access to top news in a ...

Where does CHF go (fundamental analysis)?