there are a number of LRC's used, as a few really good people put their heads together and came up with their own breed, but the one with the middle channel (and my poor memory cant remember WHICH one this is) is the most important, simply because ...

Plotting Trendlines + Support Resistance

let us simply state that if the momentum is HIGH and it is before noon, edt, you can assume the price will continue, although as i stated, using your indicators to see remaining strength will tell you immediately. I have spent pages teaching others ...

Question about S&R

just answered that on another thread, so lets enjoy this one. my day is structured around a lot of boredom, a few minutes of excitement and an average of 350 pips a day. then there are the two sisters which is the only thing that will get me to ...

What is the typical day of a trader ?

LOL ---- when you first begin to study ANYTHING, you have to duplicate anothers methods and experience before you can begin to think of applying what you know, simply because you know so little at the newb stage. forex is simple, but not easy --- ...

clearing house

WHOOOOOPS ! see the edited version please --- your english is fine, my head and memory is the problem ! LOL mp

Question about S&R

MP -- SIMPLE ANSWER — the first principle of trading is that one moves from one area to another UNLESS you have the ability to understand where the price is going, so the SAFE thing is to take your profit at every resistance area, and as you ...

Question about S&R

I can only say this blood --- my average day is 350 pips with a good day doubling and ONCE tripling that. I have been doing it for many many years now From Now on, i will ask YOU for advice because youre MUCH better than I am ! btw, trading small in ...

From Demo to Live

Craig, please note that the information for trading only candles or trading indicators COMES FROM EXACTLY THE SAME PLACE --- THE MOVEMENT OF PRICE. one could watch the market digitally, analoggy or with popcorn being thrown in the air (heck, you ...

Indicators Crap

As i thought, not a job for a retail trader like us, but once you have a few million, whats not to like ? lemme say this about forex ---- its actually simple, although not easy. It is the MOST trending market in all of the trading markets and almost ...

clearing house

Mp --- Thats An Easy One ! — Years ago, VW bug owners amazed the world with their tales of how many MPG their little cars got, but most of the claims were fabricated --- the brokers will NOT check you one bit. NOW, from a very sincere dutch ...

Forex Without a Job (College/Uni Student)

Mp -- Oh Thats Simple ! — while i dont know what platform youre using, it tends to be a pretty standard chart overlay, but if you cant use it on your platform for any reason, why not simply get a MT4 demo and use that as another form of ...

Plotting Trendlines + Support Resistance

While i think this situation beyond the limits of what is available to the retail trader, I wonder if youve looked at the costs involved of that many extremely small trade executions versus the cost of each ! Other words, how much does it cost to ...

clearing house

hmmmm --- GEORGE SORROS JR. — As a retail trader, you cannot do that ! there are scripts to CLOSE ALL and i believe one is already within the MT4 program. to gain access to a clearing house, you must be either a tier one or tier two bank or ...

clearing house

MP -- lets see ! — FIRST question ---- how MUCH is your demo account for --- did you take the option of (like every other kid on the block) of taking a $50K demo, and now enjoying the wonderful cushion that much money provides ? If you did, ...

Questions about Live trading!

MP --- OH BOY, will you ever be in trouble when you start for real ! — the absolute FIRST thing i teach newbs is to open a demo WITH NO MORE THAN THEY WILL HAVE TO FINANCE IT IN REAL MONEY ! a 50k demo for one who will open a real account with ...

From Demo to Live

hmmmmmm ---- two statements in one paragraph --- good use of posting space methinks ! BUT,(dont ya just hate it when that word pops up ?) perhaps more people here use longer range charts, but i would wonder at just how experienced they are, and what ...

Full Time traders only : Timeframe Poll

youre deposit currency is converted every trade --- your withdrawals are in native currency. mp

If I fund in canadian dollars and I want to trade EU...

MP -- easier ways exist — although it appears the "young" guys always want to know the answer to that question, you might danged well be surprised at the number of multi - millionaires that you have never heard of, who just plug along day ...

Is it possible to become a billionaire trading Forex?

your broker or ECN automatically converts for you. thescarletpippernel

If I fund in canadian dollars and I want to trade EU...

Piphacker let us say that what you call "repainting" is actually a dynamic market at work, with the indicators and/or the candles simply showing that movement. This is not something one sees on the higher timeframes, which are your trend guide for ...

Indicators Crap