My very basic take on things...(part I) 1. The market moves simply by virtue of there being more buyers than sellers or vice versa 2. Buyers and sellers are all people, hence the market is not a 'live' thing. It is simply a representation of what ...

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Update on the chfjpy trade... Considering moving stops to breakeven, but not quite yet....

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Hi FXNewbie, Only a pleasure. Not really training, just what I do and am doing currently to make sense of this fx world !! What I've struggled with so much is finding people who consistently really make money from this, and then knowing what they ...

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Yep...went long at 92.21

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closeup update on the chf/jpy trade....

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Yet another example of a trigger past...more live ones will come as time goes by.... this is GBPAUD would have preferred a clearer bounce off of the 50 or 62% fib.

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Well done. Yes...I've learned the hard way not to rue missed opportunities too much. The market will always be there, as will opportunities. What I also like to do is if I get in and it moves my way quickly, I move my stop to break even and simply ...

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USDCAD. Irritated at my missing this. Marked it out earlier today...put in the rectangle. Bounced off the 50% fib and rettested the support that became resistance and then dropped.

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Here's the gbp/jpy also bouncing wonderfully off the 211 level

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EUR/AUD Looking for another bounce down from this resistance level - would be the 4th. Note : I will go short only if it touches and shows downward momentum, not simply once it touches the line...

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This is one I missed !!!

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Sure....see you there.

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Some background. I have been around the mill a little. Tried automated stuff, fancy indicators, very short time frames etc. Now much of this may work, but I could never be consistent or unemotional. I find the noise of smaller timeframes knocked me ...

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OK, here's the first chart.... I'll try and use default colors - blue line = open red line = stop green line = limit I'll do a few trades first, then move on to lot size, money management etc. MAs are 50, 100 SMA and 62 EMA - sometimes adds weight ...

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Hi Merlin, Love this forum. I (ouch) have also been using a spreadsheet. What is the best and most reasonable software to get ? If you don't want to put the name on the thread, feel free to send me pvt msg or email. Thanks John

Another simple breakout system