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Silat50 replied Mar 8, 2013What ONE variable improves this system? Guys, I notice many of the pairs are trending very nicely, and we keep getting stopped out or...worse we cant get in on a move thats lasting a month at a time! Pro Forex traders wait all year for these ...
The7 Trading System
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Silat50 replied Mar 4, 2013IM ALREADY LONG THE AUD/USD: I admit it, i snuck in early. I treated the last bar as if the wick was a body and closed above the band. I think in that case its so obvious. Remember guys, we have one goal in this system if you come down to it: THE ...
The7 Trading System
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Silat50 replied Mar 2, 2013fxcm. period. They dont hunt your stops. Just make sure you take their fixed spreads ECN deal not the "lower spreads where we may act as MM." tHEY TRADE ON THE nyse for God sake. They have to be regulated closer just by doing that. Plus going public ...
Which broker to trade with - investing $1000
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Silat50 replied Mar 2, 2013ONLY FXCM I cant see putting big money with anyone but FXCM Why? They trade on the NYSE. You can even buy stock in your own company you use. That means they cant play games or play dumb "Yes sir, we sent the check out you requested 4 weeks ago, you ...
Is Alpari a Russian broker?
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Silat50 replied Mar 2, 2013Definitely! First of all, why not just paper trade/sim acct futures and "know" you can win before you go live? This is the cheapest most effective way to do it.Kintetic and ninja-trader together. I didnt even know they went up to $60 month. Still ...
Futures Data cheep or free
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Silat50 replied Mar 2, 2013I would like everyone who posts to attach the chart they are talking about, but my marketscope charting platform is having problems. Those of you who have posting problems also can download a great free screen capture program from jing.com I just ...
The next 2 weeks of trading action...
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The next 2 weeks of trading action...
Started Mar 2, 2013|Trading Discussion|46 replies
Hello All, This is going to be a thread that focuses on what we think is going to happen over ...
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Silat50 replied Mar 2, 2013"Trading is a profession not an addiction" is your tagline. I say its both....or you are just a businessman sucking dollars out of the stream. Its almost a waste. Find me 5 traders that made enough to travel around the world......and then stopped ...
After entering this world of Forex are you able to get out of it?
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Silat50 replied Mar 2, 2013What a great thread to start!. I suspect this one will continue for a very long time. After 15 years of trading, the 1st 10 in equities, then futures and now a few yrs of Forex, I can say that it has become an addiction for me. To me, the best way ...
After entering this world of Forex are you able to get out of it?
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Silat50 replied Mar 1, 2013Lasy, you are right, 100%. bUT...HOW DOES ONE PROCEED WITH CAUTION? When 400 pip swings take out day and swing traders,if you make your stops smaller, you just have to keep re-entering. So what is the answer? Maybe it is to make the stops bigger. ...
AUD/USD - is it still risk adverse?
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Silat50 replied Feb 28, 2013Paul, I just checked this site out. It wont even offer you one free day in the room till you give them money. Big red flag. Id stay far away. Id be very interested to know if this guy who posted his results will ever see a penny of his money if he ...
The7 Trading System
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Silat50 replied Feb 28, 2013Hi guys, I am short the gbp/[email protected] as I use a method on the hrly that includes as a major rule to short on a break thru the 72ema. Why the 72? Put it on a 60,240 or daily chart and see how respected it is. Now heres the thing, if it is not ...
Trading Room for traders with FF Trade Explorers
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Silat50 replied Feb 26, 2013iTS NOW 1:30PM. Volume is higher now on the eur/usd that it was all day yesterday. Yet all we have is a doji at the moment. Wow.....this thing could explode at any moment! Cant wait for tomorrow.
The7 Trading System
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Silat50 replied Feb 26, 2013Pattern on the EUR/AUD? You heard me complain enough about yesterdays rediculous action. However...nothing happens in a vacuum. Everything is part of a pattern. What can we learn about yesterdays action to take advantage of this huge whipsawing,not ...
The7 Trading System
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What tactics will prevent getting hurt in enormous swings?
Started Feb 26, 2013|Trading Discussion|7 replies
Guys, Yesterday the Euro had a 335 pip swing going up enough first to knock out 3 days of ...
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Silat50 replied Feb 26, 2013No offense, but I invite you to read my other posts. Im not a beginner. For months everyone was saying that the Euro was still in an uptrend, when it was just going sideways, and every 100 pip gain, all the same people would sware "see, this time we ...
AUD/USD - is it still risk adverse?
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Silat50 replied Feb 26, 20132+2, Yes, the markets ripped me a new one today. The fact that I only lost about 5% of my total acct which is more than I would have liked to, doesnt upset me as much as the fact that I was on the RIGHT SIDE of the trade and the blatant manipulation ...
Can you honestly earn a good living or even get rich through forex?
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Silat50 replied Feb 25, 2013I also claim that the average guy who could double his account every 5 yrs in a row, and then break even for one year, would never have much money because your expenses would always eat you up. You heard me:If you could turn a small $2500 account ...
Can you honestly earn a good living or even get rich through forex?
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Silat50 replied Feb 25, 2013A response from a former Professional Gambler and Las Vegas Dealer: 1-When I was slick enough to quit my job and just play poker, I could eat,sleep and play whenever I wanted. My total amount of poker playing time was maybe 4 hrs a day. I thought I ...
Can you honestly earn a good living or even get rich through forex?
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Silat50 replied Feb 25, 2013I got destroyed by this mornings rediculous action. Any one else? I clearly told everyone that even thpough its not in the system, France said it was bankrupt. Greece said it cannot pay back any money. 2 other EU countries had horrible news and the ...
The7 Trading System