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Ok, I need to take some time to develop a better strategy. This is quite different from equities and has my head spinning a bit more than normal. :eek: Plus, I am leaving for a three week vacation to backpack Europe. When I get back I will refine my strategy and continue to post. Maybe...

EUR/USD - Short @ 1.1395 USD/CHF - Long @ 1.3468 Jer

GBP/USD - Short @ 1.61.57 Reason: Bullish 35 pip candle on 30 min. has appeared - strong probability of a retrace here. Jer

I stepped away for a bit, and 3 of my 4 trades were stopped out. Boy, am I glad this is a demo account while I learn this market. USD/CHF - Stopped @ 1.3460 -50 pips GBP/USD - Stopped @ 1.6117 -50 pips EUR/USD - Stopped @ 1.1391 - 50 pips Total since starting thread -160 pips I've...

GBP/USD - Short @ 1.6067 Jer

GBP/USD - Stopped @ 1.6075 +16 pips Total since starting thread -10 pips I must say, that I'm seeing a pattern. Whenever a candle is 35 pips or greater on the 30 min chart, I will close and reverse my position. It seems that a sharp reversal fabricates after one of these candles...

Hi Cable, Thanks for the positive comments. At this time I'm only using the 20 SMA on the 30 min. chart as a basic guide. I found with equities I was too wrapped up in indicators that I ended up hesitating on entry and exit. This time I have vowed to keep it simple - so far, so good...

USD/CHF - Long @ 1.3510 (again) Jer

USD/CHF - Stopped @ 1.3517 +7 pips Total since starting thread -26 pips Jer

EUR/USD - Short @ 1.1341 GBP/USD - Short @ 1.6091 USD/JPY - Short @ 120.02 Jer

When I went to bed (1:45 am PDT), the UK and E-12 economic data was in my favor. Nevertheless, the dollar strengthened overnight. EUR/USD - Stopped @ 1.322 -11 pips GBP/USD - Stopped @ 1.6089 -31 pips USD/JPY - Stopped @ 120.62 -30 pips Sub Total -72 pips Total since starting thread...

USD/CHF Long @ 1.3510 Jer

Stopped out on USD/CHF @ 1.3507 +39 pips Jer

Hi Alberto, I am using GFTForex's DealBook FX platform and I use a 30 min. timeframe with a 20SMA. Good Trading, Jer

Hi, I liked what MarketSurfer was doing, so I thought I'd give it a try too. After spending some time trading the equities market, I decided to take a hiatus. The manipulation, limited hours, unlimited tickers to pick from etc. seemed to limit my success - or should I say severely hamper...

I'm lost...how does being Canadian have anything to do with what he posted?

This is exactly what they want to hear. They want to weed out the typical daytrader and solidify their monopoly. If each of us took the time to write our state representative ( http://www.house.gov/writerep/ ) and listed all of our concerns with the SEC and how they are trying to eliminate...

Hi everyone. I'm new here and this is my first post. I've been reading this site for a few weeks now and must say it's a good place to get the non-sugar coated feel for trading (dependent on the forum you are reading). The easiest way to grab a screen shot is to do an ALT+PrtScn (i.e. hold...