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Certainly, Elliot Wave Theory is hard to accept. I too doubted it when I started 10 years ago. Then as time went by, I saw that there isn't anything wrong with the theory just the way I am using it. That is why you don't see it used by everyone because most people use it incorrectly. The...

Gain Capital. I have been with them for 5 years since I left San Francisco for Orange County. Take a look at the USDCHF thread. I think that wave C is over and now we are in a bigger wave 3.

USDCHF reached a low of 1.2993, nearly 50% of 1.2693 to 1.3282. Wave C of wave 2 is probably over. Wave 3 will probably take us to 1.3955 in 22 trading days. I used 1.618 to get these numbers. Keep in mind that wave 1 lasted 14 trading days. HIA flows will lay the foundation for this...

Your stock just drop, Ivan. Anyone who can't rely on forex trading as his sole source of income not only isn't an elite forex trader but isn't a good forex trader as well. I always knew you weren't any good. Your posts lack depth and understanding. You never help anyone out because you have...

I had some questions from other forex traders regarding my USDCHF trade where I started buying from 1.2788 and sold everything at 1.3220. Here is how I saw the wave back then and where I see it now. Notice that I started building at the end of wave 2. After 10 years practicing Elliot Wave...

Just trust in the Lord. :D LOL. Seriously, the elite trader will explain in great depth and give you a real life trading example to back it up. Then the reader will say, "GD! I think I can learn a lot from this dude." Is that cool? :cool:

Drasfs, don't let these guys who accused you of being arrogant get you down. You didn't come across that way to me. Most of them are losing traders anway. They are just taking their frustration out on you since you are new to this forum.

You should raise the requirement to 1000+ pips per month.

I find nothing wrong with drasfs's question. 100 pips per month is not difficult. Good luck drasfs.

I know of a forex trader here who has a journal on this forum. He sold 1 USDJPY at 115.70, 116.00, and 116.30. So he is short 3 USDJPY at an average price of 116.00. He has been paying interest on this negative carryover trade. Look him up in the journal section. I am sure that he would...

Here is a link to another thread where I answer Malaka's questions. The answer to your question is near the end. Welcome to forex. http://elitetrader.com/vb/showthread.php?s=&threadid=58501

I agree with cool. It is better to try and fail, then to never try at all. Sure, 99% eventually fail. Since I am a forex trader, I know that my profits come from that 99% that fail. There have been many times when I have seen some bad reasoning for trades by forex traders here, but I have...

I believe the traders at Long Term Capital thought the same way, Samson.

He won the main event only once in 2000. It was a showdown with TJ Cloutier.

Citibank. Bank of America.

Life is a gamble. We all gamble. We gamble when we get married knowing that half of all marriages end up in divorce. We gamble when we graduate knowing that when we get older we can get replaced by someone half our age for less pay. Regards, Deptrai

Is this a gambler's anonymous meeting? Let me start. I am a gambler. I gambled that the USDCHF would increase from 1.2788 to 1.3220. I stacked all the way to 1.3100 and unloaded everything at 1.3220. 20 contracts total. Made $48,028 profit in less than 2 weeks. I am a gambler. Regards...

Yes. Demo their trading platform first. If you are OK with it, then open a live account. I've been doing business with them for 5 years. Yesterday, I had noticed that they had changed their trading platform. Looked around and saw this button to sychronize your charts. You can also add...

GAIN Capital changed their trading platform yesterday. They now have the synchronization feature that you desire.

Chood, I give thanks to the Lord on that USDCHF trade. :D For any of you guys reading this, it is just a private joke between Chood and Deptrai.