Just to be clear, since this was USD related this was traded on a FOMC day? Did you review any recent economic news or scan any news services to get a feel of how the markets were behaving at that time?

Any Advice for a Beginner?

If you can share why you took the trade than can examine why it went against you. "Trading is an evolution of thought processes" For myself I trade based on institutional sentiment and has been a process for the past 20 years to get to this point.

Any Advice for a Beginner?

Read the book by Mark Douglas "Trading in the Zone" where it goes into depth of him interviewing professional traders. There are also some videos on Youtube of him where you can get some good insight. Unfortunately he passed away. The biggest ...

Any Advice for a Beginner?

Look like it already has been created. url

I will code your EAs and Indicators for no charge

Is there an indicator that tracks how many bullish/bearish candles within a larger candle? So for example 12-5 min candles within a 60 min candle. During the 1st hour 7 of the 12 candles are bearish, the next hour 8 of the 12 candles are bearish. ...

I will code your EAs and Indicators for no charge

1st in trading pay attention to the largest players in the game (Central Banks) followed by institutional activity. Try not to focus solely in TA alone, this is the reason why 95% of retail traders fail. Learn to see what I call institution candles ...

quest for Forex knowledge, humble request for assistance

Success, imho comes from not doing what the 95% of retail traders do. Why do most loose, because they focus on technical analysis alone and do not take into account, in this order: Central Bank, Institutional, Fundamental, and Technical Analysis. I ...

How did you find success?

Just curious how many trades this has taken, overall? How many longs vs shorts has their been? For the month of June the trend has been up, so I would image anything longs taken worked out better than going against the upward trend. Does this factor ...

Algorithmic Trading: The Five 4 hours candles system

How about starting really small in the beginning so the sting of losing is not there. Markets contracts and expands, getting in when it starts to expand is key and then as the trend starts to unfold add to your position. Look for institutional ...

Trading Emotions

Your on the right track, learn to study supply and demand areas. Good Luck

The real Basics - how to start and how avoid the traps

MT4 and it's indicators are a trap. They maybe free from the broker but not really . They act very much like a bug zapper, once you see it, you cannot resist. Just ask yourself this: Do retail or institutions move the markets? Do institutions use ...

The real Basics - how to start and how avoid the traps

Get good at losing and your emotions will take care of itself. Meaning if you loose 9 out 10 trades and the 10th one makes up for the other 9 and then some, you will master your emotions in trading. Good luck

Trading Emotions

Did you see a trade trigger with usd/cad this past trading session? Seen it triggered than looks to have stopped out.

Formula One Breakout Eas

Nice stats, what are the time frames you are using?

Formula One Breakout Eas

Love the humor . Was just offering a suggestion to see more setups and analyze in volume how well this works based on your are looking for feedback. I have noticed if you refresh a chart once the EA has triggered it is no longer there, any ...

Formula One Breakout Eas

Very good EA for B/O strategy, been reviewing it for the past several days. Just curious if it is possible to create a dashboard for MTF for multiple pairs?

Formula One Breakout Eas

Just images on a chart, what are the Central bankers doing, do you take into account any fundamentals? The charting that you are showing, is this broker "B-Booking you" if so, its flawed, imho.

Fun and play with Renko strategy

For starters try to follow the biggest fish in the pound (Central Bankers) and have understanding at what they doing (sentiment) and what they are concerned with. For starters look at the recent decision by the BOE. All ifs voting members were in ...

How did you find success?

And would add stay away from brokers that "B Book" you as well (They trade against you).

Trading Tips

Stop using indicators all together, learn to read the news and sentiment afterwards ( I know easier said than done) and you will be in the 1% that makes it in this business.

Trading Tips