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Good thread!

Who is buying now? Very interesting question. Let me try to guess. Basically these people should believe that the price will rise in their trading/investing horisont. These may be some of the following groups: - Traders/investors who try to fade the down move; - Some scalpers; - Fundamental...

What's the point?

Hi, what is your low risk and high risk strategy? Forex seems to be a chaotic market to me? Looking forward to your comments.

Hi Trackstar, what's your current % wins and average P/L, if not a sercet?

Hi Retire, smile, smile my freind! After losses fat profit comes! :)

Increasenow, interesting discutions you make! How much you will lose depends only on you. I think more greedy you are more losses you make. lol Trade just the bare minimun till you "get it". This way your losses will not exceed a couple of hundred dollars. Why to pay more to learn trading...

Hi 1Reason, I do not like what I see on your thread! It musn't be like that. This way it's very difficult to keep focused. With your active way of trading every month must be profitable I think.

Retire, very good development - you are about stabilizing the weekly return around the trendline! No picks and drops. Taking less risk I think is a very good sign - you are about to calm yourself.

Alex, what is so special in the George Taylor's work? :confused: I already got the book: "The Taylor trading tecjnique". What to look for? Do not tell me that it so special that one has to read it three times at least and take the spirit of it. :D

A picture worths a thousand words. We will see whether the BO will hold.

Hi Lucky, just one side thouth: If you say someone tries to "Scam" your thread, this is an interesting obsertavion. I think this is like the market itself. It will try to "Scam" your trades all the time ... if you allow this. Peace.

Hi Martin, it's just your opinion and it't fair. But do not overestimate it. I live also in Eastern Europe and I had many times the chances to move to the West WITH qualified and well paid jobs. I still make the choice to live and work here and I do it consciously. I know some people from...

Hi Retire again. I respect a lot your thread! Anyway for the BOs with daily candles (for example), I'd switch to the hourly candles in order to pinpoint the entry and SL levels.

Hi Retire, I didn't want to bother you. Sorri for that. You are right - it takes a patience to track the stocks that way. There are basically two risks: 1. here in no little correction - so you miss the move :mad: 2. Wnen I do something for 20 min - and waw - the move is already gone. Loo...

Hi Retire, I understand your approach. I thing that with a little more patience you can get really HUGE Reward/Risk ratio. I'd just wait for the first profit pickers to finish ant then no one can stop the move. BTW putting charts is much more clear for us in yor posts.

Retire45, why don't you wait for a real BO of TOL, then wait for a lillte corection and participate in the break of the correction itself?

Cool :D

Hi Joe, I'd say go to univercity first. Don't rely on trading too much. At the same time focus on the chics. There the reward/risk is much better!:D If you are serious about trading, read several books on technical analisys and after trat start to play VERY SMALL. You will get a lot of hits...

Hello people, I'd like to thank all the people who supported me with my trading!!! Thank you Palatine and Dinoman, too. Now I'm getting more and more confident with the game. Actually there are a lot of trading situations: breakouts, fake breakouts, S/R, reversals etc. I just have to spot...