My advice: better go for 1-3% per day. Trade and start like that: $250,000 10 lots $25,000 1 lots $2500 0.10 lots $250 0.01 lots

+10% Profit per day

Thanks for your input. But your totally mistaken and wrong. Guys, keep it going.

What is your secret and edge?

Intraday chart (1min) with all 3 sessions which I mostly trade and treat separately.

What is your secret and edge?

I don't go for fixed R:R like risking 10 pips to make 30. Cause when I flip positions (when the trend turns form long to short) I start increasing the short-sizes.

What is your secret and edge?

To put it simple: Higher highs: longs & lower lows: shorts.

What is your secret and edge?

I've traded for a very long time stocks and forex. The only reason I'm sticking with fx is because of the bigger leverage and cost advantage. Besides that it's all numbers. But see for yourself. Good luck.

I have decided that forex is a losing game - moving to stocks

Stocks, Forex or whatever. It doesn't matter. It's all the same.

I have decided that forex is a losing game - moving to stocks

U can find this indicator in NinjaTrader. Idk if there is any for MT4. During the Japan. session i dont trade trends. Only in the Europ. session and yes when price makes new dayhighs I'm looking for longs.

Higher Edge within a Single Candlestick

I use the daily candle for trading - like that:

Higher Edge within a Single Candlestick

Short positions from 1.5280s and 90s after that big drop. No, today I had first a short position and after GBPUSD triggered new highs I went long (overall +1%). I treat every singe day as a new session and mainly focus on Japan/Europ.USA times.

Much of Forex talk is illusional esoteric talk

No, I played the short-side today and made almost 3% in GBPUSD

Much of Forex talk is illusional esoteric talk

Yes. It's called trend trading with low leverage.

Could you explain the logic behind your trading strategy?

I trade mainly the GBPUSD on a 17s chart. I watch what's going on during the Asia session (very unique pattern) and when the big moves during the European session start.

Much of Forex talk is illusional esoteric talk

That would be a topic for a new thread how to identify and trade a trend. I treat and trade the FX market as a pure 24h market. Every single day with its own trend. No trendlines or indicators. Tracking the open,highs and lows.

Much of Forex talk is illusional esoteric talk

For a very long time I couldn't understand that phrase either. But in the end the trend is your only friend in that battlefield.

Much of Forex talk is illusional esoteric talk

"Much of Forex talk is illusional esoteric talk" I agree. The only way to make money is if your positions go in the right direction. Conclusion: trade the trend.

Much of Forex talk is illusional esoteric talk

You can treat and trade currencies the same way as GOLD. url That's what I'm doing.

need better XAUUSD broker for intraday scalper

The idea of martingale worked for me best in mid-Jap. and late U.S. sessions. When the big moves came to an end and the chopping phase started again. Wednesday and Thursday are good days for that (the wick trades often back from the weekly candle). ...

Higher Edge within a Single Candlestick