Guess you're right, there's the horizontal support zone and the ascending trendline in almost same place, better wait.

4 Hour Strategy (MACD)

I'm looking at pound at the moment, 50 min. to close the 4h candle in my charts, the lower high and divergence looks nice for a short, I would need the price to go up a little more to pick me up and comply with my SL parameter (no more than 40 pips) ...

4 Hour Strategy (MACD)

83 pips of Stop Loss?! you definetly like the risk eh? je je je. In my charts it looks like the upper channel line is containing the movement up, and maybe I'm going too too far, If the bulls fail, I see the start of a future head and ...

4 Hour Strategy (MACD)

Altough I respect this opinion, I disagree, I think It's a matter of personality and time available of the trader. I've read tons of comments that scalping it's risky, and exhausting, (and might be true, but not for all people), my best results have ...

Real Scalping, Impossible?

I've been studying and testing this strategy (and the 5 min. as well), and I want to say it's the first time that a 4h strategy starts to work for me, I've always scalped the 5 min charts; there is a lot I have to study and learn, but I'm happy that ...

4 Hour Strategy (MACD)

Thanks a lot ira , very helpful. BTW, is somebody looking at aud and kiwi chart? Looks like we could have a nice setup next candle.

4 Hour Strategy (MACD)

Gee, my short USD/JPY lived to tell the tale , It climbed all the day and stayed 3 hours at just 2-3 pips to hit my stop loss, finaly fell, for me the trade was lost je je je.

4 Hour Strategy (MACD)

About EUR/USD, we are suposed to wait until the candle that forms round top closes, aren't we?

4 Hour Strategy (MACD)

I have almost the same setup, but I entered at 114.40. Good luck.

4 Hour Strategy (MACD)

Best option . Just ignore the troll.

4 Hour Strategy (MACD)

I don't think it's a matter of where to place the SL but the side of the trade you took. MACD it's completely bearish, I don't see the point of going long, at least not with this system.

4 Hour Strategy (MACD)

They effectively offer 400:1, in control panel of live account you download a format that have to fill, sign, scan and email them asking for it.

FXCM allow 400:1 leverage?

Have you tried the Accucharts of FX Solutions? I find them very nice and customizable.

Uncluttered Charts Like Oanda's

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Bulls vs. Bears pictures

I don't trade the news, but I've seen in youtube some interesting videos of how to trade technicaly the Nonfarm Payrolls, maybe you should give them a look. video Look also in the News Trading section of this forum. Good luck.

Can somone teach me how to trade[NEWS]

Scalping rocks!... for some people, (including me), but not for all. I was comenting 1 week ago in Bemac's Pub my case. After scalping in demo I started scalping in real account with good consistent results. After some weeks I read in many forums ...

Why scalping doesn't work........

Wow, It has passed by trough all supports I was thinking would take a rest... any idea when will this stop? Could be possible to see a negative number? like GBP/JPY @ -25.87 ja ja ja ja

Daily GBP/JPY analysis

Scalping with 5 min. chart — Hi, I used a similar method to scalp some time ago, (some times I still use it in the Sydney and Tokio sesion). What I recommend you to do: Place a limit order some pips above/short - below/long the bollinger ...

Bollinger Band for 5mins trading

Yes, It's what I said... if you look at the GBP/JPY data, it's over the 80% what means 80% is long and 20% is short. Am I right? My first thought was the number was unbelivable, but I gues I might have been wrong with that argument, in the short ...

Trading against the majority

...eeemmm ahh yes! this thread is about wether or not trading against the majority not about the percentage of long/short positions last week at Oanda, or the caps that traders wear... Well, I agree with "trend is your friend", and I ...

Trading against the majority