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Which market were you buying on?

Understand how you feel. i feel the same way. Thats why i have developed some awesome systems to combat it. As you know its much hard on longer TFs to manipulate. Just took 24 pips from GBPCHF short +$200

Thats awesome. Least you know, most don't. Always trade to your strengths. Have you ever traded daily inside candle/bars?

Right now is almost perfect for those short term trades. My trade partner and i are creaming it. Cable looks like its going to 1.5200 zone

That crystal ball gazing you do is amazing. The funny thing is I'v been long for days, and even made another 42 pip scalp tonight. Flow like water is my style , bit like Bruce Lee, Wing Chun Trading, hahha. and am still looking to sell AUD higher. Just posted a trade method on another thread...

Forex. MT4 London Open Trade. Any pair, but stick to the majors. Wait for 30min candle close. If candle closes higher than the open your bias is long, vice versa. After the break above the 30 min candle wait for it to retrace and enter on the 5min candle in the direction of the break. Daily...

If you drag your order from account history and drop it on the chart it will show you exactly where you entered, stop and target or loss. I'm positioning myself for AUDUSD shorts with a target to 6700. By end of the yr, but could happy faster.

Depends. My risk is well defined and i don't mind taking 20/30 pip stop outs on high % entries, Because its easier to hit a 100 pip target, so my whole trade/money management is in tact. Where as if you are using 100 plus pip stops the your targets need to be larger 3*. If you get stopped on 100...

I've read that in almost every book that professors to teach trading. And guess what, most those books are written by people who can not trade.

What about interest rate differentials? That's what moves currency. And beige book, unemployment. cpi, gdp, fomc, If trading NZD you need to be aware of GDT. Its just not about the trend., even though the trend is the way to go. Forex is different than any other market because you are...

Am also looking to sell AUDUSD around 7490/41. pending pa at that level. CL looking at 50.18/90 area to enter short. Presently short DOW/YM @ 17878.00

DAX opens tonight below a major support zone at 9759.48 zone. Be looking to sell on moves higher. The more time it spends below support the more valid the break will be.

Hi Pjimmy, Nice to meet another trader from NZ. I'm in Nelson.

Hey Pjimmy,

Am looking to buy at 7800/15 zone stop be around 25/30 pips target 80.00. Position size be 1 lot/contract. Counter trend trade using a stop reverse method. So have to be careful catching knives.

Depends what you define as a killing, $1000 or 30k plus per month. I know how to trade currency and have derived an income from trading since 1992. My point is more so focused at newby traders warning them of the pitfalls of trading spot fx. I would estimate that 98% of everything on the net is...

ECN's are better however, unlike futures and stock exchanges, the forex market is largely unregulated, regardless of which type of account you set up.

One trade so far tonight. Could have made alot more if i hadn't moved my stop on the 2nd contract so fast.

There are quite a few things in relation to daily close bars, whether done by tick or last closing prices. N8 is on last closing prices. And with N7 its single thread so uses alot od cpu when back testing in live markets, however N8 is multi-thread and performs better. The other thing is the...

Have used Sierra and found it very good. All my market profile and orderflow templates are in Ninja and to convert is such a huge job its easier to stay with Ninja especially since Ninja 8 is in beta and due for a full release shortly, so best i stick with it. Plus I think Ninja's order...