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don't be scared of a little volatility :D

I trade spot too. Yes, spreads are too wide for me. I'm being spoiled already with 3 pip spread on euro, and pounds 5 pip spread. Futures market definitely has its advantages, but I prefer the spot market.

volatility is a good thing :D

i must agree with you with the edit: AUD. Very strong move. I think the swiss is a mirror image of the euro, so in my opinon they are the same. I only trade the euro, but am planning on trading the pound sometime soon. I like the pound better it's so much more volatile than the euro. :D

i think having a specific plan can help relieve some of the anxiety that comes with trading. It can be a little different with more money on the line.... but should it have to?

it is easier said than done... but it can be done. btw, you mentioned why you want to develop a shorter term method, but what's causing you to make that decision? school, work? I am opposite of you. I trade when the market tells me its time. What got me interested in forex is that...

does this bias help you?

with real money?

i am not convinced of anything... I'm still long from Friday, just gonna have to wait to see what happens.

a little lower than that... btw, I don't trade from 4hr chart. I'm just saying, on that chart trend line hasn't been broken

i'm not saying there aren't any reversal setups right now, but if you check out 4hr chart.... trend has not been broken.

chit chat thread is here.. My EUR/USD Trade I can only wait and see what happens to the Euro next. It's been very interesting so far.

it's the bi way or the highway

I hear taking trades in the same direction of different timeframes can be good

you sure the opposite aint possible?

can't make all the money in the world...

it depends on your dealer. I THINK oanda is open over the weekend. FXCM opens at 4pm Est Sunday (give or take an hour). My data provider doesn't start till 2 hours after that.

If I may add my 2 cents... Everyone perceives the market differently. We are unique. There are tools that other people have developed, and we can use them to help us see what we want to see. I think that's what indicators are. They help us see what we want to see, and you must have an...

have you gone fishing before? ... use caution, unless you know what you're doing

for a mini account 100:1 leverage is $1 per pip. 200:1 would be 2x that, $2 per pip. I use 100:1 In my opinion I don't think that's very large leverage if you use suffient capital and not use all of your equity on a single trade. I think 100:1 is just fine if you use proper money...