Hmmm pretty messy price action today on cable. I was following it for a possible long entry but Im not liking how it's unfolding on the intraday scope today.

Cable Update (GBPUSD)

Man, I so agree with this. If I could go back in time, I would have quit college at the first year. I learned NOTHING useful (professionally-wise) during those 4 years there. Most of the students there were too conformist and risk-averse for my ...

How to be a trader for a company?

Please forgive my ignorance but... what does a trader achieve by trading through a VPS? sorry, it's the first time I hear this term.

Trading through VPS, any experience?

Oh man, my eyes are bleeding!

USDCAD trend reversal?

hmmm interesting. Thanks for that.

New Zealand's Dollar `Overvalued' and Will Weaken, Says Goff

That's a very idea to make sure you dont trade counter-trend. I don't think it's enough, but it's certainly a beginning. I follow a similar approach myself too.

Is The Trend Really Your Friend?

I personally exited a USDJPY position at +4 pips prior the NFP because I am not up to risk my money with that lottery. It looked like a good entry from a technical point of view, but common sense > T.A. in my opinion!

USD/JPY Discussion

Do they? I dont see that myself, could you explain a little bit further please?

Daily EUR/JPY analysis

You signatures reads "Money Management is key"... but wouldnt you agree that holding positions open through the NFP (which is nothing but a lottery) goes against that very principle?

USD/JPY Discussion

I personally trade the breakout upon the first retrace: breakout -> pullback -> continuation. I only trade breakouts in the direction of the trend - discard if against the trend or no trend at all.

Best definition of a breakout?

False. No system will make you earn any money while you learn, quite the opposite actually. The trader's expertise is far more important than the system when it comes to profitability. For your account's sake, dont trade live while you learn. Or at ...

Please suggest a simple & effective Method/System of "Trading System" Forum to...

My Trade Plan for USDJPY Breakout of retracement trendline to the upside, entry long. Breakout of 122.00 to the downside, stay sidelined.

USD/JPY Discussion

What do you reckon?

Daily EUR/JPY analysis

What will it be? a breakout of 2.0130 to the downside or a breakout of 2.0200 to the upside... crucial key points in my opinion. Time will tell! stay tunned!

Cable Update (GBPUSD)

So now that that's out of the way, can we please continue with our lovely uptrend pretty please?

Cable Update (GBPUSD)

Considering what's about to hit the wires in few moments, and considering yesterday's extremely thin volume (4th July), let's just say that whoever trades GBP crosses today is highly "risk-tolerant"

Cable Update (GBPUSD)

Thank you, thank you, thank YOU! I have been saying those same words over and over and over on these forums yet many people insist in counter-trend trading for whatever reason. Perhaps the adrenaline rush?

How to be a trader for a company?

"playing it safe" and entering a trade prior a potentially-100-pip-spike-within-the-minute event is an oxymoron, my friend. There is nothing "safe" about entering a position sandwiched right in between the 4th of July and BoE statement.

Cable Update (GBPUSD)

That's the whole point of the SMAs, to make sure you ONLY trade in trending markets. Why would you want to risk your money on un-biased markets? why swim upstream? why sail against the wind? why pouring ketchup on a high quality steak?

Cable Update (GBPUSD)

Entering a trade few hours prior the Interest Rates is pure gambling guys. You never know how the market is going to react upon Interest Rates, you never know if there will be a juicy statement from the BoE along with the data itself, you never know ...

Cable Update (GBPUSD)