I believe we, as customers of the brokers themselves (me being a customer of FXCM for 3 years!), should demand some sort of forum on the debate of whether price fixing and counter trading is an issue in the retail trading market. I have been a ...

Stop Hunting

Ok I'm back from holiday's overseas, and have returned to the trading desk last week. Last week, I found as a hard week to return to, even though the end of the week had allowed some good pips to be obtained overall. I did find it hard to settle ...

Rusty's Journal

Anything got to do with the Saudi's has got to be dodgey!!

Looking for a "Free Trade"?

Yes they are unique....This recent movement, perhaps occurs once evry 12 months. your talking about an in excess of 1000 pips movement on cable and euro. I define a unique event as something that doesnt happen every other week.

Recent Weeks Pip gains...

i think the yes's have it! I would also put yes, cause of what many people have written earlier. You simply need to experience a loss, to know how important it is to integrate risk into your trading system.

Is losing a requirement to be successful?

Hmmm that could be an idea Asterix! I didnt think 1000 pips was too big a target until i posted it up on here. Like i said before, if you have an effective system in place, that is flexible and can adapt to change, there is no reason why you cant ...

What is your monthly target?

I would use an extra filtering ma - in the crosses....so you might have your 15ma, with a 8 ma cross to filter the trade. This way your not selling at the run off from the volume on any of your original crosses. This methods works well for myself.

my very simple system!

I target 1000 pips per month. I have achieved 11 consistent months in a row, close to that target (some months below, some months above). I see the target as a round number, where I can aim for and achieve + or - 150 pips either way, around that ...

What is your monthly target?

Glad you enjoyed the post!! It certainly has helped me in my trading!! by a long shot! Have fun! And for everyone that tells you, you cant - dont believe them!

Quantum Physics and trading forex

I wasnt confusing anyone - actually i was trying to put this great science into layman terms.... I study Mathematical sciences at university. Im no professor.

Quantum Physics and trading forex

Scotty, spot on! However, we dont have to be this way...

Quantum Physics and trading forex

Well - if you read the thread in more detail is saying - People do exactly that...they construct the market in the way they want it to be... Reality is how you picture it...The market doesnt work to your own reality... Each individual trader ...

Quantum Physics and trading forex

Yes - i dont think there is an effective trading money management system without compouding being involved. If you dont want to keep whole amounts in your account, perhaps after a say 50% return, you withdraw quarter of your holdings and compound on ...

Money Management..keeping the money...

On friday's session, i was able to keep my cool and patience, and did what all traders consider a BIG NO NO, held my trades through the NFP, but i knew what i was up against and held my tempo. Through the NFP realease, the market did jerk around as ...

Rusty's Journal

When i first started trading, i believed it was all about how well my account went, and how quickly i can push it up. The harder i pushed, the more i lost... Anyways, after a while i realised it was all about money management, and money management ...

The 2% blues.

I think traders see the volatility in the NFP, and sometimes it can be too tempting to sit out. Im lucky, cause i live in a timezone where i could be down the pub at night with my mates when the numbers are out. However, the best way i believe to ...

Non Farm Payroll

My euro trades from the post above - in chart form.

Rusty's Journal

I forgot to also mention... I only trade 3 pairs! eur.yen, eur and cable. Also, only enter trades once the body of candle on whatever time frame i am following is complete. Completed 4 trades last night (Sydney time), during the euro session. The ...

Rusty's Journal