Recent content by XXVII

You have to keep in mind that the fundamental analysis crowd has spent year after year trying to convince profitable technical analysis traders that it is impossible to make money using technical analysis. Beyond that all that I can offer is screen/chart time, screen/chart time, screen/chart...

I gave it some thought and realized that if you are concerned about the FX not having a DOM, you are probably a scalper needing a way to identify price exhaustion. Try seriously watching the charts build for a couple of weeks. Not trading, just watching. You should be able to reasonably...

How bad do you want it? I spent more than two possibly more than three thousand hours studying naked charts and just watching one minute charts build. At this point of my never ending development - the answer to support/resistance vs. trend following is BOTH! The market/price action tells...

FutureScalper As you are starting to figure out FX is different. Price is all that you need. FX forces you to learn how. I have heard the opinion that stock traders can not trade FX, but FX traders can trade stocks. Of course if you can trade successfully on price why would you want to...

http://www.economist.com/blogs/gull...ability_ranking http://www.economist.com/blogs/gull...ability_ranking LOL - Unbelievable! They have priced the complete list and report at US $500! A highly subjective, meaningless, run of the mill ranking and they have the audacity to charge...

FYI: Leverage alone is a meaningless number. Risk per trade is what you want to be aware of. For example: To risk 1% with a 5 pip stop loss - you need 20:1 leverage. To risk 1% with a 10 pip stop loss - you need 10:1 leverage. To risk 1% with a 20 pip stop loss - you need 5:1...

You can do it with Forex. Oanda is the most flexible with 1 unit position sizing. Forex is also low overhead - no need to purchase data/feed. Good Luck