Do you trade currency crosses too, for example AUD JPY, GBP JPY?

Trend Trading All Pairs

url When risk is off the USD generally strengthens due to the perception that It's a safer haven.

Trend Trading All Pairs

Good points and well made.

Trend Trading All Pairs

Good post — Nothing to add.

The life of a trading system on Forex Factory

Good points well made —

The life of a trading system on Forex Factory

I love quotes that sum up (in a sentence or two) the 'game' we're in — Brevity, clarity, relevance..Nice one. [QUOTE=the redlion;5619033] the market is mostly random 60% of the time (empirical study by an ivy league the exact reference escapes ...

The life of a trading system on Forex Factory

Don't worry mate, your Freudian slip (spreading butts) is safe with us

The 3 Elements of a Successful Trader

Ah..didn't they fail because they violated the trading plan? — That was my take.

The life of a trading system on Forex Factory

Cant disagree with any of that, however.. — My main point was the high relevance to S1 and R1 in our (forex) industry. Building a method based around these crucial levels is not too bad a shout IMHO. Like I say not for me but I've seen a lot ...

The life of a trading system on Forex Factory

I wouldn't trade off them — Placing orders at r1 or s1 is just not my thing, however, if I did I'd use the highs or lows of the session as a stop, retail traders account for only circa 8% of the Market, the institutional weight of money that ...

The life of a trading system on Forex Factory

Why would anyone rubbish you for that! — Support and resistance (and the three levels thereof), can't be argued with. Neat that pro real time plots it for you too. Incidentally, have a look at Dukascopy daily videos on support and resistance, ...

The life of a trading system on Forex Factory

Yep, we gamble, with an edge.. — When I first traded I refused to call my trade "a bet" now I do and tbh it's quite cathartic. It's a bet, it's a two horse race, but once you pull the trigger you have to accept you have absolutely no idea what ...

The 3 Elements of a Successful Trader

Ahem...it's spreadbetter, not "spreadbutter" — Wouldn't want anyone getting any ideas sweet cheeks..

The 3 Elements of a Successful Trader

The random trade theory — Ah..never claimed I'd taken a consistent lump out of the market with random trading, I'm suggesting a random trading method, let's call it hunch based, could work if the MM was sound. I've experimented with it and it ...

The 3 Elements of a Successful Trader

Glad to discuss — As we're both no doubt aware you could (in theory not practice) devise the perfect system, but traders will always fail it by violating their MM or lacking the discipline to stick to the plan through poor mind application, ...

The 3 Elements of a Successful Trader

Good post, the 3 Ms of successful trading are always worth repeating — But just as a discussion point (I realise it's subject of personal belief) in what order would you place them; Money management Mind Method? IMHO many 'systems' (indicator ...

The 3 Elements of a Successful Trader

Nicely put sir — Short and hits the sweet spot.

Define a successful trader in 1 sentence

Without a doubt the best scam ever — Run two mirror sites giving complete opposite trades, get enough punters and half may win.

The life of a trading system on Forex Factory

Good points — Yes we do have to bruise our knees and hearts in order to become proficient, were I take exception is when posters use free to air forums as cheap marketing tools. Tbh all the gurus, course sellers etc should be shouted down and ...

The life of a trading system on Forex Factory

Perhaps you're right — Just instinctive emotional con tricksters at work, after all con men sell confidence.

The life of a trading system on Forex Factory