I'm looking for bullish pull back to occur before the bears short price. Thats would be a great indicator, to me, that long term shorts are in the future. This is a chart I posted on Twitter hours ago, url Downwards channel tells the story of ...

EURUSD

I trade with no indicators. Indicators are not bad, its just their used incorrectly. To place trading decisions entirely on indicators is the wrong way to use them. Truth is, indicators need s/r level, bar patterns, and an understanding of what ...

Indicators or none?

Of course bucket shops don't want traders to scalp as its hard to counter the party in time. Awesome, you've never told us what timeframe you primarily trade? I personally believe that bit of info can tell us what going wrong with your stops.

Has anybody experienced stops being hit more frequently?

3rd retest of 1.40, price currently at the top of the channel. Looking for shorts during NY session. -- Chart url

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Not expecting this bullish move to be nothing more than a pull back/retrace. Fully expect shorts will continue.

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Why 2009? I don't believe many traders relish the negative months of the past, especially a year ago. BTW ... whats with the MT4 indicator?

Live Traders - Worst Month of 2009

Ok ... so whats your reasonings on how FXCM will be better than the rest?

Which one is good for Professional scalp trading?1-AlpariUK 2-Dukascopy 3-Fxcm 4-IB

I agree. A one week notice to their customers does suck. I would have expected more from a reputable broker.

CMS ceasing operations for retail traders

Thats an expensive pair. You have to pay Oanda $400+ before the trader even see's green position.

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Short term, I believe price may make another go at 1.40 and will be unsuccessful in doing so. Daily chart shows an double hesitation bars just under 1.40 usually indicating price not having the momentum to break past 1.40 Chart - url

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I 2nd that analogy. I've of yet met any successful traders who use MT4. If anyone knows of an MT4 trader who is successful, please let me meet 'em. I'd like to shake their hand on a job well done. Funny thing, I know more successful Oanda traders ...

Which one is good for Professional scalp trading?1-AlpariUK 2-Dukascopy 3-Fxcm 4-IB

You'll have to open a new account and close the account to which you don't like the username. If you're planning on changing the name/title or user name on the account you'll have to open a new account the go through the entire account opening ...

changing Oanda fxTrade account username?

You won't find any US brokers offering hedging using MT4 platform. Gov regulations stopped all that last year. Your only option would be to open a fx account with an overseas brokers but most has stopped accepting US clients. So you'll be sort of ...

0 GMT broker with hedging?

No, they're not closing their door. I heard they weren't accepting retail clients anymore. It as something to do with ongoing CFTC/NFA regulations. I believe its more of a hassle these days to deal with retail clients and current regulations. As a ...

CMS ceasing operations for retail traders

I believe EU will gap upwards in an attempt to reach 1.40. (H4 charts) image

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Bulls fell asleep, possible bearish reversal on H4

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Just use freestockcharts.com and type in symbol: dxyo

USD index data for MT4?

You were turned down because you probably answered "Novice" under the Trading Experience section coupled with the low deposit. MBT is a ECN therefore they are looking for clients with experence and/or financial worth. I'm sure if you'd put up a few ...

Broker denied me from opening an account

Longshot, its funny you post that! Franks has announced today he's going after Fannie/Freddie regulations in hopes it helps out the two mortgage lenders. He feels Fannie Freddie shouldn't have foreclosed homes and is looking to regulate the two ...

Leverage Reduction: First USA now Japan. Who's next?

Holding positions over the weekend is a no no for me. I don't like weekend uncertainties. I barely trade on Fridays after 1pm. My positions are all closed whether positive or negative on Friday once I call it a week.

Holding positions over weekend