Hello. You can do it two different ways. There is not much difference between them, but some indicators are not coded to interpolate, so you get a better view by adjusting the period setting vs the time frame setting. The first way then, would be to ...

LFX Trading Proverbs

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Charts on Drugs or works of Art?

Forex.com does not allow investor passwords, so you cannot set up an EA copier to sub-accounts, like you can do at Oanda. Also, Forex.com has removed the "ask" line, so you cannot physically see the slippage they do on every entry, usually about 2 ...

OANDA Discussion

I have come to the conclusion that trading psychology really means figuring out when to exit a trade. Yes? If you know when to exit, there is really nothing to think about anymore. Good Luck.

Trading Psychology That We Need To Succeed

I always like to compare traders to singers. Look at all the singing television show competitions. Look at all the people that audition, yet only a handful get TV time. Imagine how many others never make the auditions. Look at all the youtube ...

Why isn't everyone rich?

Your questions concern economical fundamentals. If you want to trade Forex fundamentals, outside of news releases, you are in for a very confusing ride, because all those decisions are human-based and impossible to predict. These are great topics ...

Market mechanics

The whole thread discusses that, so trying to type all my posts into a new single post doesn't make much sense to me. Did I ever say "Money Flow" indicator? Not sure what that is. If I mentioned something like that previously, sorry, I don't ...

LFX Trading Proverbs

You can read about my approach on my thread. You can see some chart samples on my other thread. I do not want to share the "exact" details obviously, and I don't want to deviate from the indicators/system the OP of this thread uses. My previous post ...

The perfect combination (lets all profit from forex)

Probability is created from an average of averages. A second time frame increases the number of averages, thus the probability. Support/resistance is based on the previous trade(s), that no longer exists, so since you cannot trade the previous ...

The perfect combination (lets all profit from forex)

A time frame is just a time frame. They all draw the same patterns. The difference between time frames is their range from high to low and the frequency of those ranges. "Stable" is an illusion created from less frequency of ranges. There is no such ...

Profitable Trading

If a basketball player averages 12 points a game, and has 12 points in the first quarter, then would you bet he doesn't score anymore points the rest of the game, or that he will score more than his average (a breakout)? Are those statistics an ...

Profitable strategy with basic indicators

The bank trades can be seen on a Level II platform. Once you see this type of trading in action, you realize the market is mostly dictated by pending orders on both sides of the movement. Some of these are necessary for money movement, while some ...

is there any profitable strategy?

I think most people draw lines to connect previous highs and lows. First, that means nothing. Second, it indicates a "thinking" of containing price movement. In order to be profitable, I would suggest changing your trading mindset first. Money is ...

is there any profitable strategy?

The purpose of trading Forex is to upgrade yourself from fundamentals. If you start in equities, which you should, then every time a CEO stubs his toe there is a knee jerk fundamental market reaction. Forex rarely has such events. The vast majority ...

Profitable strategy with basic indicators

The RSI is a nice tool when properly calculated. Since you like it, then probably you should use the TDI instead. It is an RSI with trend lines and standard deviation added to it to make it more effective. Personally, I would use one that updates on ...

Using RSI to Gauge Trends

You might try just putting both in the same window, since that is probably all it does anyway. Create either one, then drag the other one on top of the separate window, let go, and input your numbers. Easy to do. Change the color of the lines so you ...

Indicator Bank

When you finally figure out you won't make any money trading support/resistance lines, then a breakout occurs when price breaks outside of your defined standard deviation. Standard deviation refers to the size of the range of price in accordance to ...

What does the term "Breakout" mean in Forex

The OP is long gone, so I guess I am responding to anyone new that happens to read this. Like anything else in life, if you have a plan, you have a chance of success. To me, the most important thing to do is devise a business plan. You need to know ...

the most important things in forex

Family and Friends, It has been another really fun year of trading. Hopefully everyone has had success. It is time to make a new tax declaration statement for 2019, so do it now so you don't forget. Happy Holidays!! Merry Christmas!! Happy New ...

Personal Trading Discussions

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What you want for this Xmas?