Now is looking like a good opportunity for a range-bound play. Seems to be topping off on the M5 offering a good 10-12 pip stop-loss entry. I'm not trading it though. Good job to all those who caught the resumption of the trend this morning.

EURUSD

Demo and the real thing are completely different beasts. Demo is a beast because it lulls you into thinking that trading is easy. Live is a beast because your losses are real and self-esteem can get shattered as you change your plan and lose over ...

Difference between demo and real trading

Before completely giving my support to this system, I have to ask you: do you know how those indicators work and exactly what they tell you? I'd suggest that you get a piece of paper, write the formula for each indicator out and do some calculations ...

Simple and Easy System-only two indicators

Good breakout this morning downwards. Looks like we'll get some consolidation back towards the 1.42860 range followed by a trading range. Only time will tell. Good profits this morning on that breakout in the direction of the primary trend for a ...

EURUSD

Looks like we've bounced off of 1.4410 range and if we can clear this consolidation zone for the past two days, I can see this continuing it's downward momentum. The 5 minute chart is simply not actionable for me at the moment. Good luck all!

EURUSD

To be honest, that answer is almost impossible to answer. The markets are fractal, so what you see as a range on one time frame is probably just a retracement of a trend in another time frame. But if you wanted to quote a general rule of thumb - ...

do markets trend more then range?

Hmm, the floor trader method...I actively trade a variant of this. I do the standard setup on a M5 scale but only take trades in the direction of the primary trend. In my university's library, we have some trading books written in the early 1930s, ...

How to use the 9/20 EMA setup effectively

My trading day ends in 2 hours. Seeing as how we're experience some consolidation on the day-trading scale...I think I may be out for the day.

EURUSD

I think it's a small correction....I'm bearish.

Jankone M5 thread

No, and they shouldn't be. Let people do what they want. I'm against the 10:1 regulation.

10 to 1 You're done...

False. There is is not "a system", there are many systems. I have clawed myself from the belief that there is no way to beat the market to a calm assurance that I can walk into any market in the world and profit. It took my 5 years of study and ...

Stop fooling yourself; There is no system

Meh, this consolidation isn't tradeable for me on the M5. I'll be sitting on the sidelines looking for a close lower than these last 5 candles. Not accepting anything bullish today unless the market gives me a firm reason to trade counter the ...

EURUSD

I am a strong conservative by nature so I am against almost all forms of regulation. However, it should be important to note that from a mathematical standpoint, individuals who use higher leverage have been known to "self-destruct". I think that ...

10 to 1 You're done...

Looks to me like this pair is about to start it's descent once again! A close below 1.6290 will be my short point with a stop around 1.6306, looking for a relatively quickly move on the M5. Still range bound on the H1 though.

Cable Update (GBPUSD)

We're grinding ever-so-slowly downwards here. This isn't tradeable for me yet until it clears .9230. Looking at M5 and H1.

AUD/USD

On the M5 is looks like we are either temporarily bottoming out or breaking out once again. I'm waiting until price strongly clears 1.4368 for me to go short. The last 4 candles show that some serious buying pressure is meeting selling pressure ...

EURUSD

I think a better thing to focus on would be the growth of a nation vs. the strength of their currency.

Relation between Nikkei 225 Index and Yen?

Looks like we strongly cleared this trading range!

EURUSD

I am of the belief that price behave in a fractal way...so if your strategy is price-based, it can work in any market and on any timeframe.

Do your trading systems also work on stock indices?

Walking away for the day, can't see very much volume in these last 15 minutes of trading. Good luck to everyone tomorrow or tonight!

EURUSD