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In Forex, you can rip off half of the candlestick theory. In forex there are practically no gaps cuz it is supposed to be a continuous market which means that they only close shop for the week end. Half of any candlestick book talks about gaps! Candlestick is good for stock traders. jmho

For how long will we be able to trade the Forex? Forex was for a 'selected' few who had piles of dough. They have been creaming each other. Then they found 'us' the greedy have-nots. They said to themselves: let's cream this bunch of greenhorns. They lobbied hard and Nixon gave them a...

Do you forex or stocks?

Read "Trading In The Zone" by Mark Douglas and you will have your answer. __________________ I am a dumb trader. Good, you will inherit pips.

Are you good at what you do? If you are, " you don't need no advice from nobody". :D __________________ I am a dumb trader. Good, you will inherit pips.

It almost made me PM you for advice/couching/mentoring... :p __________________ I am a dumb trader. Good, you will inherit pips.

Part I Part II Part III Part IV Will it be a 'Oanda is great'? :D __________________ I am a dumb trader. Good, you will inherit pips.

if china floats the yuan It will be the pot of gold under the rainbow for speculators. We the greedy bunch will salivate more than a baby seeing mom's teats. :D Hmmm... are we already salivating like hyenas over the corpse of the US economy? It is not dead yet! :mad...

How can trading = gambling? NO WAY! __________________ I am a dumb trader. Good, you will inherit pips.

Electric I am really a dumb trader and that's why I need a 'foolproof' system!!! One fantastic 'side effect' from your system is that you are free from Stop Losses!!! Look at EURUSD vs USDCHF. If SL hunters 'dip' USDCHF they will also 'raise' your EURUSD and there you are ambushing their...

jmho One of the reasons for looking at the long timeframes could be to 'discover' optimum resistance and support of a pair. After one has all the S/R for those '15' pairs then one may work with them like a tandem. When they go from R to S it is sell time and when they travel from S to R it...

Trading is not gambling: 1-You can stop the event at any time you wish. You can't stop the roulette and lose only a little! 2-On the other hand, you can lose all your pssessions in the same 'transaction' by not cutting your losses because trading has no formal ending. You can't add more...

And don't read Orwell Your nightmares may come true! :D

What? Now that you have piled up an expensive self taught trading course and have suffered four long years to adquire the invaluable experience, now that you are ready to start reaping the benefits of all those hard earned trading skills, now you are quitting? You have no respect for...

:confused:

risk/reward ratio? :eek: Would you not "accpet" 1 point/pip for "reward" because it is not worth the "risk"? I wouldn't complain if I had 50 dumb trades per day that always turned to only 1 point/pip profit and I had to decide whether to "take" it or not. It is the most "droppable"...

You mean... since this is a traders' forum, we have been discussing whether angels are gals or guys? :D

Or When you come to need nothing, you have got everything. :cool: PS something along those words from Budha's Nirvana.

It is like "The Voice"'s (with a twist to suit the occasion): If I can make it in trading, I can make it in anything. :cool: Is trading that difficult? Yes, if you can't do this: Watch the mysterious dance performed by the market price on a naked screen for a few months. The prize is...

You need a degree plus... to work for somebody else. If you "go around the world" working for yourself, the best "education" you can get is to harvest a PhD at "The School For Scoundrels". Tried to enroll into one, but, damn, it's "booked" up for the next decades and they only accept ivy guys...