I thought it was pretty well known that forex.com are a bunch of scammers?

My broker closed my account for "too much profit made"

Hi Richard, There are thousands of strategies out there - ranging from the simple, to the complex. Personally, if i were you, i would either look at Mr Pip's thread (do a search in the search box - he only has one thread!), and Youtube videos (start ...

anyone need help?

I think that it is pretty much true... I tend to think of them as S/R zones in any case... as the zones usually fill in supply and demand areas as well... (at extremes)

S and R levels

This is what separates the Demo account from the live account. Looking at my account, I have a floating profit of $61 (current at time of writing) I currently have about $10 locked in (some will be winners, some will be losers) My account will be ...

Aggressively Simple Renko

Support and resistance are arbitrary levels, as at some point in time they will be tested, retested, and broken. Because of this, I think it is best to only look at the support and resistance on my screen, and tie it in with the direction and ...

S and R levels

I have been doing some more testing around the drop down to the 63, and so far not looking promising. The concept is fine, but the real issue is that you miss on multiplying profits which the system is based on... so I have reverting back to taking ...

Aggressively Simple Renko

In comparison.. image I just wanted to go through the difference in terms of the mean renko, and the 1 hour chart (that this sort of bears relation too) As you can see, there was a 100 gap to the bearish side... Would you want to get in on that ...

Aggressively Simple Renko

image Very clear, very easy SL placement as a trailing stop...

Aggressively Simple Renko

Just locked in some more profit on the open DOW trade. I am guaranteed a profit of $5.4, which is 108 pips locked in. Happy days! I am hoping that this bullish move will continue for another 100 pips or so by my reckoning...

Aggressively Simple Renko

I Dont think it is particularly dramatic to say it is irrelevant - because it is, and it is more a dig at the ACTUAL dramatic people who are swearing and being abusive earlier in the thread. As i said in my post, i can understand the reason why the ...

What is your weekly return?

I think it depends on the trader - Indicators and tools, are more mechanical - a numbers based game basically... I find that PA, order flow etc far more subjective. My personal opinion would be that Indicators are easier! haha! not that either ...

Who makes real money from forex?

Of course you can always have 2 accounts, one only for shorts and one for longs! The issue I have with support and resistance is that it is sort of arbitrary in the grand scheme of things. I always used to trade with hard SL and Hard TP. The issue ...

Aggressively Simple Renko

I just want to say that the thread is completely irrelevant for a number of reasons. 1) people who fail, do not believe success is possible 2) People lie, and want to promote success The Main reason it is completely irrelevant is because someone ...

What is your weekly return?

However, there are multiple accounts of people who have made millions by using indicators. In reality, it doesn't matter whether you use PA, order flow, indicators, astrological projection.... These are only ways of getting into the market. The ...

Who makes real money from forex?

Demo trading is fine for a complete newbie. You need to understand the fundamentals of Forex before going live. You need to know how leverage affects your account, how margin affects your account. You need to test stop orders, limit orders, market ...

Is demo a step before real trading?

image This is the tail of the tape so far. As mentioned, I am undercapitalised at the moment - so you can see that only the USDCAD is 'funded' with the rest of the pairs having virtual funds next to them - i am still trading them live as you can ...

Aggressively Simple Renko

Well that was a bit of a heavy weekend... 2 trades stopped out due to gaps in the markets, and lost more money because of enormous spreads - 300 points (30 pips) on the GBPUSD trade, which basically meant that instead of my SL protecting me to the ...

Aggressively Simple Renko

There could have been an opportunity to reduce the liability by the way, but i cant remember whether i reduced the liability at this point or not, but price woudl never have come to closing out the position on this occasion.

Aggressively Simple Renko

Trade management (with initial comments included) image Note the Brick size of 13 (half the 26) Basically the SL moves up... if you get a big pull back, you get taken out, but if it reverses, chances are you get another signal and reenter anyway. ...

Aggressively Simple Renko

This is the Dow trade i took (which closed with 260 pips, check it out in the TE) image Note the 26 brick size (100 pip SL)

Aggressively Simple Renko