Filter the tops? please re-phrase, I dont understand.

The right thinking of the profitable trading in 3 simple steps.

That's one of my rules: no trading before or right at major economic events.

Linuxtroll Simple Scalping

My opinion: 3- Determine the levels of support/resistance within that trend. 4- Wait for retracements to those levels and verify whether they hold such retracement. 5- If they do and thus price bounces off them and resumes its motion in the ...

The right thinking of the profitable trading in 3 simple steps.

Now how was that for an answer?

Futures vs Forex. Who is more liquid

Trading is difficult as it is. If you cannot give it your best shot, I sincerelly recommend you to not get involved in the markets.

Any Good newsletter

I too agree that sound trades where the entry was properly timed clearly move in your direction faily quickly (within a handful of bars at most). I sometimes close trades that show a lack of momentum upon entry, even at a small loss.

How to cut losses and letting winners run

I never bought into the whole indicator divergence thing. A couple of years ago I did some studies on them, scrolling back through many charts and I found them to be very unreliable: half of the time they would fake you out into a losing trade.

Divergences

Hello Faith, What you are talking about is the London Open Breakout strategy and under some specific circumstances is can INDEED hint out the overall market bias for the rest of the trading session.

Why the daily trend of a currency can be determinated at time of "EST 3:00-3:30"?

You can't go wrong with an ole good Chuck Norris joke.

George Soros is not a trend follower

That EFX plugin is actually a good idea. What is the cost?

Any ECN that supports MT4 ?

I personally pay attention to 38, 50 and 61, being 50 my favorite. If price breaches the 61 in momentum, I get apprehensive to enter any continuation trade anymore. The 76 level is too far down into the retracement for my taste.

Fib Experts Answer Please

Add the following: trying to out-smart the market, AKA counter-trend trading.

Destructive Patterns in Trading

Most of the time, cutting your winners short is a problem of panic'ing mid-trade through and bank those few pips in "just in case". That's where the importance of having a sound Trade Plan with your exit levels clearly defined comes in place, and ...

How to cut losses and letting winners run

No stop loss Vlad?

USD/JPY Discussion

Can you be a little bit more specific as of in which context was that taken from please?

Opening Range?

Absolutely agree with the previous posters: 200 pips a month, if moreless consistent, is a wonderful result that will bring you tons of money with the proper money management and position size. Stick at it.

Do you think 200 pips per month is fine?

I would be VERY careful posting statements like that Auslanco...

Daily GBP/JPY analysis

Just one word of warning folks. This is the last week of trading for many institutional traders before the summer break. I would not be surprised some profit taking occurring across the board, specially in pairs that have been trending nicely ...

Daily GBP/JPY analysis

In my opinion, fibs only work in clear trending charts with well-defined swings where swings are clearly identifiable. As a general rule of the thumb, if you cannot draw clearly your fibs, then it loses most of its validity and thus no point in ...

Fibnacci trading..Are U thinking what i'm thinking?