SMJones — In answer to your question , I am a fan of Daryl Guppys work. The main reason is that he was just an average joe who started with nothing and after learning everything there was to know , realised that the market will always changes ...

Is it Possible to Make Money in Forex Market

No problems... — I am happy to give you my insights to the markets. When you are starting out you are bombarded with so many different ideas by snake oil merchants that you will eventually hit a low and think that the world is against you. ...

Patience, Hardwork, Money Management,blah,blah,blah. I'm sick of these cliche's now :

Happy to help — No problems Cobolt. So long as there are people out there who are willing to put in the time to learn and be "their own man" to become the jedi master then I will always be happy to help. There is so much rubbish out there for ...

Is it Possible to Make Money in Forex Market

Lavista I will reply to your questions as best as I can.... You might have to have a look at your strategy or are you gambling ? Well not everyone here is asking for advice. And nothing is said that you have to go to Harvard, Stanford or MIT to be ...

Patience, Hardwork, Money Management,blah,blah,blah. I'm sick of these cliche's now :

Hi I posted something the other day that you might find useful http://www.forexfactory.com/forexforum/showthread.php?t=5051 From the sounds of things you have started at the middle instead of the beginning. The first thing that you will need to do ...

old trader but new learner

Aparsai I am normally reluctant to post on here because last time I posted I got bombarded with questions that I didn't have to time to answer. You can make this a living if you want. Alot of people will tell you this system and that , but you have ...

Is it Possible to Make Money in Forex Market

This is my trading diary — Hi , Just in answer to your question. I use stops and it is a standard 40 pips and once in profit by 20 pips then stop changed to zero as mentioned in my previous posts. Just a friendly word..... This is not to ...

Bears trading diary

14 March 2006 — Long @ 1.7361 @ 7.07am London Time Thoughts and Ideas Day chart rules was suggesting long and GMMA was also long. Took a position unfortunately at the top of what turned out to be a channel, which lasted till the current ...

Bears trading diary

13 March 2006 — Short @ 1.7279 @ 7.52am London Time Thoughts and Ideas Day chart rules was suggesting short and GMMA also short, waited for the 4 hour moving average to come into play and short position taken. Expected a decent move south ...

Bears trading diary

10 March 2006 Afternoon — Short @ 1.7363 @ 1.09pm London Time Thoughts and Ideas Was keeping an eye on shorts based on a couple of patterns , a flag in the day chart indicating a short and a pennant in the week chart also indicating a short . ...

Bears trading diary

10 March 2006 — Long @ 1.7375 @ 7.32am London Time Thoughts and Ideas Day chart is still short and has not full retraced back to the moving average . Still in a trading band but moving average is starting to catch up to the price. GMMA ...

Bears trading diary

No position taken Thoughts and Ideas Market could have gone either way today. Market still had not gone back to the day chart moving average and is trading sideways waiting for the moving average to catch up. The GMMA confirmed this with a tight ...

Bears trading diary

Gaps don't matter — Gaps do not matter in forex trading as the market is 24 hours and it is an interbank market meaning that just because it hasn't traded with your broker or provider at that price it doesn't mean that somewhere with one of ...

JohnFX's Price Magnets

I have been trading for a very long time now and my stop loss strategy is different from most. I have tried all sort of methods and the one that I have found works best for me is using a 40 point stop (I only trade cable) but the difference is that ...

Trading without a stop loss!

8 March 2006 — Took a long position @ 1.7395 @ 7.28am London time Thoughts and Ideas Current price was a long way from the day chart moving average. A couple of things could have happened according to rules because of this , 1) price could ...

Bears trading diary

7 March 2006 — Took a short position @ 1.7454 @ 7.18am London time Thoughts and Ideas The momentum had change for short do to the new york session yesterday and the top bollinger band coming into play and forcing the market short. Day chart ...

Bears trading diary