you sound like your looking for easy money with an EA.. FOrex is really hard... lots of work.. you should quit if your looking for easy money.. if you can stare at a chart for 12 hours a day for 4 years... you may be profitible eventually.

Should I quit trading forex?

I think eur/usd can go up 3 pips from here... for a scalp

EURUSD only

End of the week Every weekend, when market is closed and you have a clear head.. you should review your weeks trades. winners and losers. Then find out what you did right, wrong, and could have done bettter.. Winners.. 1. was your entry good.. 2. ...

What works, and what doesn't

No, I won't give you entire chart! Whats stopping you from Finding 100 examples of what I'm showing... and doing your own studys on it? Don't be so lazy... You'll never make it unless you study 100's and 1000's of charts! Trading isn't ...

What works, and what doesn't

Finding good levels Sellers or a sqeeze? IF a level takes too long to react... Be cautious.. Any level that takes 8 hours to react is a sqeeze/ stop run.. Not true selling. I want levels to react fast.... 8 hours is way too long for me .. I would ...

What works, and what doesn't

Trading is just about finding buyers and sellers.. The chart clearly shows history of where they were at one time. Will they still be there when price comes back? What can cause them to not show up? 1. a new market open... London sellers may not ...

What works, and what doesn't

Trade What you see / Trade what you Anticipate.. Which one? is right? Which one? That depends.. But what ever you do keep the risk small. Some levels Like failed support turning to resistance I will take on Anticipation of that level working. Other ...

What works, and what doesn't

SUPPORT AND RESISTANCE.... WHAT THE BOOKS DON't TELL YOU.. Every book says buy support.. Sell Resistance... I say Sell area's of broken Support buy areas of broken resistance.. These area's are known as swap areas... Support becomes resistance/ ...

What works, and what doesn't

One of the most important keys to success is Patience! Patience for market to act how you want it to act is key. There are whole sessions I don't get a single trade in... Why?? No opportunity for my system. Friday was a japan holiday Right before ...

What works, and what doesn't

There is nothing an indicator can tell you that you can't see in the candles.... If your not profitable... Dump the indicators... dump the trend lines and focus on price action, market structure.. Time of day movements most likely to happen.

How to properly use indicators

Everybody in the world looking at e/u Head and sholders... Probably won't work like the text books say....

EURUSD only

my edge is fading spikes... treating them as gaps. Which they are gaps in liquidty.

What is your secret and edge?

Agree USA futures, dax, gold, copper, iron, oil, bonds. Can help you sorta get an idea where the money is flowing. For example you see commodity are rocketing from a huge base.. Going higher each day... You may think twice about that Aud short or ...

2 Years as a FullTime Trader today (despite my painful userID)

Beware of sessions running out of gas.... We have all seen when a session runs out of gas and does the 5 pip thing for hours. When this happens... Nothing you can do but wait .. can't force a trade... Usually means market is pretty dead... and ...

What works, and what doesn't

Good week for me 14 trades, 13 wins, one loss of 1.6 pips. A lot of waiting and doing nothing until perfect trade comes along... If I don't like what i'm seeing.. I go do something else untill next session. You can't force the market... Just have to ...

What works, and what doesn't

The failure is just low risk points of entry... The gap in liquidity is the target.. I usually like to see the failure in the same session I'm trading... Rather then take a Asian failure in London session.. Markets have a lot more respect for ...

What works, and what doesn't