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- ThePiptaker replied Jan 3, 2016
I know a few pro traders personally. They all have one thing in common, an excellent understanding of order flow or chart reading. Regarding managing risk, of course risk should be managed, why on earth would a trader not manage risk? If your not ...
Is Forex trading worth it? If so, why?
- ThePiptaker replied Jan 3, 2016
I agree and most people on forums are lazy, they want somebody to give them the magical formula to getting rich hence the attraction to trading and thinking it's a get rich quick scheme and then they get annoyed when it doesn't work out....work is ...
Will forex ever end for retail traders like us
- ThePiptaker replied Jan 3, 2016
Hey Steve hopefully not too slow this week and we get some action!
Intraday Observations
- ThePiptaker replied Jan 3, 2016
It will be more and more regulated, to what extent one can only guess, government control and restrictions do seem to be accelerating which should scare the crap out of everybody.
Will forex ever end for retail traders like us
- ThePiptaker replied Nov 23, 2015
Extremely relevant quote from Yoda , I like it
How long should it take before I hit the jackpot
- ThePiptaker replied Nov 20, 2015
My definition of the jackpot 1. Understanding how the market really actually works, 99.8% on here I would say don't know and the ones that do work it out don't hang around 2. Gaining said knowledge takes screen time and effort and that's only if ...
How long should it take before I hit the jackpot
- ThePiptaker replied Nov 20, 2015
Correct you have to manage your losses and protect yourself first and foremost especially while your in a knowledge gaining period (you sound like you are) you should be incorporating another strategy that gets you in a trending day also, for ...
10% per month
- ThePiptaker replied Nov 20, 2015
Yes but your focus has to be on trading your setups , and executing correctly,so the quality of your setups (what you've learned and tested works) and your ability to follow your plan will be seen in your results (pips)
10% per month
- ThePiptaker replied Nov 16, 2015
I definitely agree, I've always got an eye on the usdx and yes rate numbers and economic factors are key to future currency direction long term, also pairs are heavily correlated with each other with one sometimes being the leading indicator and ...
Going With The Order Flow
- ThePiptaker replied Nov 15, 2015
I'm a little pushed for time to give some detailed charts at the moment Steve on how I'm looking at price but on your OZ daily chart do you see where the smart money have covered big time and a leading sign of what was coming future orderflow wise, ...
Going With The Order Flow
- ThePiptaker replied Nov 15, 2015
Hey Steve Interesting thread, I've been trading very similar to your style ( I thought I was on my own to be honest) and I've been working hard lately to put it in a workable format... A couple of thoughts from me, where I'm heading and a few ...
Going With The Order Flow
- ThePiptaker replied Nov 14, 2015
Interesting bar watching this one like a ....... image
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- ThePiptaker replied Nov 14, 2015
Hey Suntrader thanks for your reply! I was meaning in the longer term context to me that's a correction, breaks the low of the last longer term upswing then its a trend
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- ThePiptaker replied Nov 11, 2015
Interesting... I agree 100%, I don't know if you trade this way but my best trades are when I've got the order flow nailed and I can tell you when price is going to turn and where its going, I can see the players involved be it pro's or retail and ...
The Trader's Academy - by Traders for Traders
- ThePiptaker replied Nov 11, 2015
It is,when I go through my set ups and previous trades, the good and the bad my results always improve.
The Trader's Academy - by Traders for Traders
- ThePiptaker replied Nov 11, 2015
deeper correction than expected, looks like another leg down
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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