I totally agree.When somebody posts a load of magical numbers without revealing the details of how these numbers are arrived at, what can be the reason? Only one as far as I know - to sucker people into paying for this magical number generator. Yes ...

A basic holy grail trading system thing

If it only has to win by one pip, then it is binary options. Basically you bet that at the expiry the price will be higher or lower than it is now. I believe that with most brokers, if you are right you get back your stake + 75 or 80% If you are ...

What type of trading does 24Option offer?

Following on from previous posts M30 chart Price unable to break above bearish trendline Candle 1 a bullish candle but no follow through. Candle 2 an indecisive doji Candle 3 unable to break the high of the previous 2 candles, Bearish candle with a ...

Trading Gold with PA

I am out with a paltry 9 pip profit. Now looking at shorts

Trading Gold with PA

Price is stalling and unable to break the bearish trend line. I will be out of this trade soon, I thinkl

Trading Gold with PA

H1 chart. When I see a strong bearish candle such as prior to candle 1 with no apparent follow through, I pay attention. Candle 1 with the long upper shadow shows that the bulls tried to assert themselves but failed Candle 2 made a 2 candle double ...

Trading Gold with PA

Just that Bloomberg states it is a spot price chart

US Dollar Index confusion

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US Dollar Index confusion

If you post a chart with an example of a losing trade with an outline of your strategy, you may get some useful advice.

Why do all my trades off of H1 and below lose?

Looking at H1 chart. There has been no real sense of direction so far this week. Seeing the long lower shadow of the last completed candle at support, I am waiting to see if the bulls can follow through and capitalise on what could be bearish ...

Trading Gold with PA

In my life so far I have had a number of stunning girls in my life They have managed to deplete my bank account faster than the worst periods of trading that I have experienced No regrets though I wouldn't choose the cutie cause I think that the ...

$100,000 or Forex Trading

Influx?? Are you talking about trading volume? "Because for example the USD could be stronger in relation to EUR but the price doestn move because there is no influx." If the price doesn't move, it's because bullish and bearish sentiment is balanced ...

influx of money

When you look at the daily chart... Double top followed by a higher low and then a break-out of the double top. All this in a very strong uptrend - no surprise here. Text book stuff. Although it is reasonable to take a short trade when price hits ...

What the **** happened with USD/JPY?

Possible rejection at the next support level. Moving SL to BE+ If it can break this level, long way to next proper support

Trading Gold with PA

This may seem a little odd as the 2 blue lines on my H1 chart show a clear range. It's odd because I am entering a short position at the bottom of the range withaout waiting for a clear break-out. Looking to the left, I see that price is moving ...

Trading Gold with PA

If the market is closed, then you are unable to open or close a trade What do you mean ? "after that second minute" What were you trading and what time? (include time zone)

Market is Closed and I couldn't trade?

It has been discussed many many times and remains pointless. It is exactly the same as closing your original trade with a 20 pip loss and then re-entering with a new trade later. It's a strategy that traders who are unable to accept a loss employ.

What if the market moves against you?

Been busy with other things and when I have been able to look at the chart, not seen anything to comment on. Price is ranging again, so hope to be at my screen if an opportunity arises at the high or low area.

Trading Gold with PA

Midweek is midweek, ie the middle of the week. The middle of the week cannot happen early or late If it did, it would be early or late in the week.

Midweek Reversals

Maybe you could post an example of how you calculate your costs? With 1 lot a 10 cent move in the price of gold will result in $10 profit or loss. Typical spread is 50 cents, so the cost of the spread is $50 on 1 lot. But with some brokers, spread ...

XAU/USD, what's the cost of a trade?