I first started looking at Forex and studying it, about 2 years ago. Then started trading live about 1.5 year ago, and really started trading consistently and making it a priority about 1 year ago. Now I've finally made my first million. ...

How long you been at this?

On my platform the bar looks kinda like a neutral bar but it still looks tempting to short. It's at a swing high off a descending trendline going way back to Feb. 2006 more or less. (I'm actually already short on this pair so I'm hoping it drops ) ...

james16 Chart Thread

We also have a DBHLC on the EURUSD. Any thoughts on this?

james16 Chart Thread

haha! Yeah I wish! One day my friend.... And Canesfan, MrMirkal answered what I was going to say. Just to to Tools - Options and Enable the Proxy server. That should work. Tom

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Right on man. That was a good setup. There was a very similar looking pin only inverted in the EURAUD. That one went for 100 pips. All the best, Tom

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I had the same problem at work and Metatrader didn't work at first. But then I changed the connection settings to enable the proxy and voila. Works like a charm. I'm so busted if they catch me....

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I took that one and enjoyed it. I hope 2mas made some dough on that one.

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Well, this could definitely be a sign that the uptrend is over. But I see a strong support level between 0.7380-0.7360 so I would wait until price breaks down through this support if you're thinking short. It'll be interesting to see what this pair ...

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I strongly agree with Mike. Pin bars are a great tool. When choosing the best ones on the 4H timeframe and even higher (Daily, Weekly) they can be very profitable. The best place to get exposure and learn more about pin bars is in the James16 ...

4H Pin Bar Method

I've been looking at this one too. It looks pretty good. It's at a swing high and you can even draw a trendline of the recent highs as resistance. But you could also draw an ascending trendline of the last 11 bars as support...

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Hi Nate, I'll jump in here and try to answer the questions. (Mike can add his thoughts too) The way the I4B is played is that you would go Short or Long depeding on how it's broken by price. So if price went below the I4B's low you would go Short ...

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I think Pips are one way to measure how one is doing. But the only way you can say trader A is better than trader B purely based on pips is if they are using the same trading system. The other thing is you can't not include lots/trading volume in ...

:: Pips are not what counts ::

wow.... that's pretty crazy. That is one hell of a spread. I've heard from many people that ODL Currenex is pretty good. Maybe this was just a freak thing during the big news release. That sucks that they can't do anything. But I guess the spreads ...

250 pips slippage on Currenex - ODL Securities

hmm. Interesting. Not that I want to call him a liar, but that figure is a little hard to believe. Not to mention the NFA fine for false statements from IBFX doesn't help convince me. And to take it one step further and say that the reason for their ...

What are the percentages of those that survive fx?

Seeking's "Hang on to trades" mini series deserves a spot on HBO. It was good stuff. The posts in here are top notch. Checking out the PF would be a good move Dingo. Tom

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That's exactly how I feel. I wish I had saved the money and years I spent being "educated" and had put both into trading. But hindsight is 20/20. Fly swatter? that's a good idea. Mine is just sitting there in my bookcase.

Graduates vs non-grads in trading

I'll have to agree too. Degrees don't mean anything in the real world of trading. First off because book smarts alone can't make you successful in this business and second of all, not everyone who gets a degree is deserving. Especially the way ...

Graduates vs non-grads in trading

Those are some nice trades Seeking. I think the point you made about going with the trend is an important one. I have found that it's easier to hold trades and let your profits run when the trade is with the trend. When you're trading against the ...

james16 Chart Thread

I'm gonna have to agree too. Although there are good brokers, better brokers, and worse brokers, I don't think if a person really knows what they're doing and is a good trader will be a loser just because of the broker. (unless the broker is a clear ...

InterbankFX NFA Crackdown!

Just to add something to the exit strategy talk, I agree with Mike & Seeking on their thinking about scaling out. For me personally, if I hadn't had scalled out of most of my trades I would have made a lot more profits. (I'm actually slowly starting ...

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