Exactly! Who cares "why" it happened. Stick to your plan and capitalize on the movements.

Ok Whats The Deal with this spike

Thank you for the clarification! What kind of stop are you using? Are you setting it at the prior horizontal line from your entry? Or is it discretionary depending on the smaller time frame?

Having a rough time with trades.

If your risking the same percentage per trade, whether it be hourly or daily the drawdown will be the same.

The switch from hourly to daily...and the psychological ramifications...

I'm probably just over analyizing this but say... It opens at 1.2510 and goes up candle is green, it hits 1.2525 and you go long, it goes to 1.2537 and reverses. It goes down and crosses below 1.2510 the candle is now red, it hits 1.2500 and then ...

Having a rough time with trades.

When I started trading the daily charts I thought the same way as you. I actually bring in a lot more pips with the daily charts, the charts almost give money away with easy to pin point S&R and price patterns. I trade nothing but what I feel to be ...

The switch from hourly to daily...and the psychological ramifications...

Maybe I'm just confused, seeing the highs and lows of the candle, cant the price cross the open price several times causing the candle to change color?

Having a rough time with trades.

Yes but the candle can and will flucuate from red to green, then what?

Having a rough time with trades.

I would be weary of a review site ran by someone who is marketing their own product. My 2 cents.

FXCM Discussion

The smaller time frames are always going to give you a lot of noise. Stick to the time frame you entered the trade on and wait for an exit confirmation on that time frame, otherwise you will start jumping out of trades because of the noise on the 15 ...

Deciphering Multiple Time Frames

I thought your method used different moving average periods? With 2390562305 moving average systems posted a day it doesn't surprise me that there starting to "overlap".

Priscan System

By making a ton of mistakes and learning from them. It's the bitter truth but your going to make mistakes when trading, it's the lesson that you get from the mistake that makes it worth it or not.

What actually works.

Why would anybody just give it away if they had the answer to all your questions?

What actually works.

Maybe I'm reading it wrong but I was thinking it meant you could now use MT4 through forex.com??

broker strategic partnership

Don't worry about where it's headed, you will never be able to predict the future. From what I see it's an uptrend so take advantage of the trendline bounce or the trend line break. Simple as that.

Having a rough time with trades.

Thank you very much!

Phoenix 2007 (new thread)

Can somebody post the most up to date settings? It has been changed so many times I'm not sure which is the most current.

Phoenix 2007 (new thread)

Where can you find out up to date information on where the options stand? I've always been curious about this.

Japenese Yen Takes Effect Of Corean Blasts

I see, my mistake.

What is your favourite indicator and why ?

I was commenting on the system originally posted. I thought you misunderstood his method but apparently you are using a different method.

What is your favourite indicator and why ?