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traider commented Apr 25, 2014Some days can be low liduidity days it has to be said but like you state, if you go shopping, you will find liquidity lurking somewhere. I trade 27 pairs so there is always something going.
Why Traders Lose Money
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traider commented Apr 25, 2014There are days when the market is driven by momentum only, others when liquidity is present. The former can be very tricky and risky, the latter cruisy and relatively safe. It's knowing how to distinguish these days that is the big hurdle.
Why Traders Lose Money
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traider replied Apr 19, 2014I can't see any numbers on that chart. Can you give me the numbers for one of the trades if possible. Thanks.
Technical Analysis Fallacy
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traider replied Apr 18, 2014For me, a trade is bad as I misread the signals. In that case, I abandon it and wear the loss. It all thus depends on whether you know why your trade has gone bad.
Describe your way to "save" a bad trade
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traider replied Apr 17, 2014The market is constantly chamging the way it seeks out S/R. Just beware of that. The umderlying logic remains the same, but the source changes. You would need to get down to the individual candles to see that.
Losing Streak: Is it because of strategy or bad luck?
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traider replied Apr 17, 2014No probs. I generally find thin markets not dissimilar to the regular moves (others may disagree) and there can be substantial shifts on occasions. Just be careful however and trade prudently (which you should routinely do.)
Good Friday trading - emergency question
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traider replied Apr 17, 2014Some support does not need retesting, others (corrupt intial moves) should be retested. In other words, I can act on the first candle and sometimes wait for other confirmation.
How do you buy support?
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traider replied Apr 17, 2014Its work as usual with forex. Thin markets can be quite good movers as well.
Good Friday trading - emergency question
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traider replied Apr 5, 2014One has to bear in mind that any business is always on the lookout for value adding employees. This could be one methodology being employed for that objective. The other of course, is hooking a client and then systematically bleeding them for ...
No Deposit Bonus Brokers
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traider replied Mar 29, 2014Dangerous. S&R is basically at the candles that contains the stacked orders (there are grades of stack). You can with time and exposure work out what these look like. Steve Nison drops a few hints in his DVD's so get a set and listen carefully. They ...
A little help with PA and S&R, please
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traider replied Mar 27, 2014You will need to enlarge the charts so as you can see the candles for one. S&R plays out between candles. Buyers vs sellers basically. I can't teach you...basically the process is like learning to ride a bike. Once you understand how the markets ...
A little help with PA and S&R, please
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traider replied Mar 22, 2014No. Generally income in the OECD rules is characterised by frequency of event. So for example, if you are trading 5 times a day irrespective of how you finance that operation, that would be deemed to be income. On the other hand, if you held a ...
Taxes on FX gains
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traider commented Mar 16, 2014Errr. Have you never heard of learning. I was 12, grew up and learnt along the way. Why are you people so obviously dim when it comes to these straightforward points Anyways, I can't be bothered whether you agree or not. Thats how I approach ...
Prepare for a Breakdown
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traider commented Mar 16, 2014China opened up in the '70's when Nixon and Mao shook hands and agreed to transform China into the FDI lovechild it is. China has modelled it's alignment with capital using the Japanese model which most of the Far East is emulating. I read up a fair ...
Prepare for a Breakdown
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traider commented Mar 15, 2014The Far East is the bedrock on which global liquidity gains momentum. If you haven't sussed this out, you should not be trading.
Prepare for a Breakdown
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traider replied Mar 15, 2014The margin of Foreign Direct Investment allocated to that country from the global pool of liquidity may be a good start. Google should have something.
Valuation of countries methodology
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traider replied Mar 13, 2014Yeap. Quality time is the name of this game. This is a pretty hard journey and you will know when you arrive.
Day Trading vs Long Term Investing
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traider replied Mar 13, 2014Every day is pretty much good for daytrading. I would suggest at least 4 years of maximum chart time (as in "little life beyond observing the charts" other than the necessities.) At least 4 hours a day, don't trade, demo or live, just observe and ...
Day Trading vs Long Term Investing
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traider replied Mar 9, 2014Its not a case of finding the perfect entry but one of trading with the market. If you aren't with the market, you are at risk straight off which will never be managed with a happy outcome. In that case, you are better advised not to trade. Anyways, ...
Day Trading vs Long Term Investing
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traider replied Mar 9, 2014It depends on what you are looking at in the charts. Finding liquidity spots is a skill. It's not just a matter of bull this, bear that and channel the other. If you don't know where these spots are, you are going to have issues. It's that simple. ...
Day Trading vs Long Term Investing