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Hello. I am wondering what is a good timeframe to determine support and resistance. I know it will depend on how long you want to hold your trades, but I don't really have a preference yet, as I am new and trying to develop a trading system. I have tried determining support and resistance on a...

What kind of leverage do these banks give their clients?

Hello. I am new and I am starting to trade the forex market. I am already using a simple modified bollinger band system and am doing OK. I would like to add some candlestick analysis to my system. I was wondering, what timeframe produces the most reliable candlestick patterns? (I currently use...

Hello. I recently found some information on the FX10 forex trading system. I was wondering if it would work on stocks and options to? (I can't backtest it because i don't have the software) Would there be any modifications that should be made to make it more effective? The link is...

I haven't found much info on the internet pertaining to money management

So the ratios would be 2:1 150:75 and 3:1 225:75 , am I right

ok, meaning I should let my profits run instead of cutting them off at 2 pips?

"...so you are basing your decisions on all the wrong precepts..." I don't understand this

ok

I am serious to...I want to learn this

Yes

No, i wouldn't

I'm not sure

I don't give up this easily.

Yes, I get the point that it is very hard to make money in Forex. I've known that for a while now. I'm still new and trying to learn. I'm sure all of you have been in my position before you started trading.

some of you people are real encoraging to others trying to to trade, eh

2 Pips was just a number that I thought could be gained every day.

Hello. I am 17 years old and am trying to start trading forex on a demo account. I have read about support and resistance, candlesticks, etc and i am wondering what you guys think would be the best technique to gain 2 pips (long or short) per day on the USD/EUR pair? If it makes any difference...