Thanks for making these indicators! They're great. I just looked through this thread and couldn't find the answers (apologies if i missed it). Q: Is there any chance we could get the forecast and actual data on the economic calendar indicator? Q: ...

MT4 News Calendar Indicator

I've been using 50% (fib) retracement targets, for retracement waves, to great effect recently. They're easy to eyeball on the quicker timeframes (ie, you don't really need to actually draw out the object via mt), and when they don't make it/break ...

How do forex traders predict price?

With a strong endorsement to all the posts above that suggest learning a method properly etc, A lateral response to your question would be to trade that hour that you would like around the london open and ny open sessions. Say you ended up after the ...

How difficult to make 10 pips every day with only one hour trading?

Id say its 95% of people give up before they're profitable. Trading is better approached as a skill. I think the zero sum game logic is rubbish.. People are in the market for a universe of different reasons.. in abstract the person who's taking the ...

The 95% of losers, it's true?

I'm an intraday trader, for me it was finally catching on that the cost of the little emotions you get during the day.. frustration when missing a trade, fear before the trade has moved in your direction, thinking the world was going to end when the ...

What helped you the most to be profitable?

Yes, its definitely healthy when trading to focus on when your method/system tells you your trade is successful or stopped out. Looking at that number (however its displayed) i found takes you away from the price action itself.. which is what you ...

Pips or Profit?

Basic question, but is there also a typical date when life typically returns? Early September? Yeah trading off the 5 min charts at the minimum over the last few days.. The stop and reversal behaviour is nasty... Same with prices being held for 5-15 ...

Is August the most difficult trading month?

Good ideas, thanks for that.

What's the logic behind ADR high/low indicators?

Hmmm.. prediction may be a bad way to look at it. Perhaps its better to have done your analysis and determined that there is a very likely -chance- the market will go in a particular direction. I assume that once im in a position, i'm going to have ...

How do forex traders predict price?

Really interesting one. What's your timeframe? For short term stuff.. i've been adopting the order board levels that are posted pretty much daily on forexlive.com Though my experiences with these certainly seems to place them as EXIT's rather than ...

How do forex traders predict price?

I think so. What's not simple is training/convincing/teaching/learning your brain to implement those simple ideas in the sea of variable volatility and the fact that all you're looking at is a bunch of candles and price levels and formations and ...

Is trading that simple?

Yep, defo about expectations. In my current practice, i've stopped looking at my actual trading results. This had an interesting side effect for me.. because i didn't have a number going up and down to focus on after each trade, well, my brain ...

How is your trading, enjoyable or frustrating?

Since noone has mentioned them.. The only compulsory books to read, when starting are: "Technical Analysis of the Financial Markets" by John J Murphy (this is bible). And the trading psychology books by Brett Steenbarger, "Enhancing Trader ...

Noob needs to learn more - what books do I need?

The one that you yourself writes once you've learned how to do it by hand?

Which forex robot is the best?

When you believe in yourself as a trader, the belief should not really be in any particular method or technique (as these should prove themselves, and thus not require any faith.. there are results!) Belief in yourself as a trader is belief in your ...

Believing in yourself

Nice one. Looks good. Since it just draws lines though.. might be better as a script.. though its nice that once you remove the indicators all the lines go with it.

How to Lock in MT4 Grid ?

For a very reasonable intro into alot of the dimensions of currency trading, id recommend the learning materials at babypips. url Easy read, and deep enough to be getting your times worth from reading it. Took me a few weeks to go through it all ...

Best place to learn and become a consistent trader?