Please vote and post your chosen option as well as your opinion.
Thanks
Thanks
Which system is the best? Or which combinations of systems work the best? 46 replies
If you make money, does Oanda make money? 35 replies
Looking for a strategy that DOESN'T make money! 29 replies
Bulls make money, Bears make money. And Pigs get slaughtered. 12 replies
which pairs to watch at which open/close 5 replies
DislikedI personally like both, it depends on the market situation. But for me I'm more of a swing trader so I like the few trades I might do in a week for bigger moves.
But like forexmarket says... the best strategy is the one that suits a trader's personality.Ignored
DislikedSystems are very important. The one I have has been called by my friends the holist of holist. I will share it here with you since I can tell you eminently want to learn how to trade the FOREX market..
Based on my research and crunching the numbers and doing the nitty gritty I have come to the sound and accurate conclusion that the AUD/USD is due for a 800 pip correction in the next week possibly 2.
[font=Calibri][size=3]I am posting this trade for you to take. After that...Ignored
Disliked.8464 is where price much breach to the upside. That is the level of the Watson/Ficher scalp level. As far as stop loss I never set them due to the extreme accuracy of my system. I find them more of a hindrance.
Mostly uneducated people set stop loss orders due to not trusting their system completely and totally.
If you wish to set a stop loss on that trade I would set it around .8200
[color=black][font=Verdana]Happy...Ignored
DislikedWow that is quite a comment coming from someone who within their first few posts in there journal blew up. I mean seriously. Extremely accurate and no SL's, I am looking forward to the next unforeseen blow up with an excuse... and uneducated people please, if it means staying alive then I would be happy to be the most uneducated person trading. In almost 6 years I have yet to blow an account, in fact I am infront so if that is uneducation vs education in your case, then call me 'stupid'.
RazorIgnored
Disliked.8464 is where price much breach to the upside. That is the level of the Watson/Ficher scalp level. As far as stop loss I never set them due to the extreme accuracy of my system. I find them more of a hindrance.
Mostly uneducated people set stop loss orders due to not trusting their system completely and totally.
If you wish to set a stop loss on that trade I would set it around .8200
[color=black][font=Verdana]Happy...Ignored
DislikedI will never understand why people enter the fx market, only to catch a few pips here and there.
Take a look on eur/usd, it have been going almost straight down since the start of 2010 (also called a downtrend) by 900 pips, 300 pips retrace before falling even more than the first down-move ! Considering the fact that most pairs move > 100 pips daily/ > 250 pips weekly, should make it less attractive aiming only for a 20 pips move on average.Ignored
DislikedAlbert, are you sure about the 84xx. I have the level closer to 76xx.Ignored
DislikedI would love him to prove me wrong along with others but seriously someone who
1) Has blown his account without using a SL (naturally)
2) Claims an amazing strategy that comes highly recommended (Not Merlins)
3) and claims that SLs are for uneducated people
should be taken lightly, very lightly. I cant imagine why someone with such little influence and who has already caused himself damage has recieved 2 vouches already. It really does'nt bring alot of credibility to the system which to some unfortunate degree is one of the first signs...Ignored