Recent content by lizardgizzard

I use GFT. Great broker. Honestly though, if you are blaming your broker, then you have the problem. Your stop placement is likely in error. Happy trading! -Liz

Point is, 95% of anyone in any worthwhile and challenging endeavor fail. Don't worry about the statistics. You are likely to fail until you don't. Its a matter of stick-to-it-iveness. -Liz

I make money consistently trading the Forex. But it took years of losing and nearly $50,000 in tuition. This is a hard road, but for those with the discipline and willingness to "pay" their dues, it is possible. I utilize divergence mainly and trade 1 and 5 minute charts each day during the...

I'm long. Everything depends on your timeframe.

I've never experienced any slippage with forex.com or MG Forex. Coming from the futures world, that's pretty amazing.

Tactical, I have virtually identical positions, with the addition of a USD/CAD short and a EUR/JPY short and the subtraction of the CHF/JPY. long gbp/USD short EUR/GBP short EUR/JPY short USD/JPY (managed to get short right before the drop tonight) short USD/CAD

This is all extraordinarily relevant to the time frame in which each is trading. Trading the 30M chart versus the daily will result in vastly different opinions. Can you be more specific in terms of which time frame you're talking about? I'd say that personal MM has alot to do with what...

The move will continue downward until 30M upward divergence foretells an upward move. We can only gauge from day to day. Longer prediction than that is ridiculous, unless you're strictly working on a larger time frame.

The move was well foretold with mounting southward divergence and failing upward progress, though I am now long due to upward divergence and a massive drop.

Short from here tis the way to go, til told otherwise by ye charts.

Scalper has been at this for many months. He used to annoy the hell out of everyone at moneytec.com. So he split, and now plays games on Elite Trader. Booooooooring.

Thanks, gang. -Liz

Very interesting. Would you possibly be able to post another example featuring the two styles, but with a different days data? Also, what software are you using with this candle style? Thanks, Lizard

Expect to lose for several years before getting a handle on yourself. Also, \why do you need to daytrade if you are successfully swing trading? Diversify, swing trade, and spend your day doing somehting useful.

I've been trading very much off and on for five years now, still waiting to get into my groove. Honestly, I've never been profitable for more than a few months. But I HAVE been relentlessly studying for years. After a hiatus, I've just begun trading again with real money. Thus, while I...