Show me a trend trading system i will show you a winning fx system. Sitting behind your computer answer this . do you know where the currency pair you are trading is heading ?

Trend Trading System

my observation . if you trade higher time frames and you are still worried about FOMC then i think you have a mental problem , lol

Sources for FOMC interest rate information

you cannot trade using one time frame. i will not work. i have seen some folks say that to enter a weekly set-up you need to have a SL of 100 pips . lol . how now ? you can still enter with a SL of 50 pips and till enjoy your weekly set-up. you do ...

Using Two/Three time frames - practical meaning.

5,190 Pips In 38 Days ? the only way to achieve this is to swing trade

5,190 Pips In 38 Days

Backtesting is just a waste of time and effort. no two periods in forex will be the same . so you might backtest your system from an 2009 to today and your system will 'perform' poorly then you backtest from 2005 to 2010 and your system performs ...

Best backtesting Period

well, looking at it critically if traders placed few trades that means they were trading HIGHER TIME FRAMES then they would make few losses and maybe the few winning would have given then a breakeven or a slight profit and not a blown account. So i ...

Why most of traders lose on forex?

i think this is where candlestick formations(which nobody uses) comes to help in knowing if trend still has steam.for instance seeing a doji at a resistance level i would be getting read to short for a decent retrace.

What is a good way to tell if a trend still has momentum?

damn how i would live to see a screenshot of 500 lots trade on a live account.i bet you sweat like a pig when price is 5 pips from SL

Are there any Large Lot Traders here?

Please folks especially newbies learn and train yourself to look at higher time frames that is daily chart , weekly chart and monthly charts.then use lower time frames to get into trades.thiswill help you to spot trends assuming you have a system.

Preferred Timeframe for Trading

so you are having a problem investing $1,000,000. lol . i would love to have that problem any time of the day

Suitable ECN Broker for 1million+ Account Size

spread DOESNOT matter you can chose to trade with 1000:1 or you can chose to trade with 1:50. what matters is what amount of capital you risk per trade.and it should be 2%

200:1 or 100:1 ?

i really find the 'hedging' strategy to be really funny.Its really tells allot about your and your trading system.it shows you really donot know what you are doing in the market.If you have system and know the trend why hedge ?if you donot have a ...

hedging brokers

Number 1 Money Management Rule of Thumb: Nomatter how good and sure the trade is never risk more that 2% of your capital on one single trade

Money Management Rule of Thumb Question

Cheapest forex broker would be Instaforex.No minimum deposit and 1:1000 leverage.to help you start small

Cheapest broker

the logic is if your system cannot help you spot a trend then its not worth trading it.

the most important things in forex

BIG BANKS DONOT control the forex market. Understand that and you will trade forex happily ever after..

Big Banks pip range?

Look at higher time frames . spot the trend . go with it. Nfp , fomc, ecb will just be an added advantage to get you more pips.

i got ripped off during the NFP

trend start from higher time frames asin that's where they form. you tell that to a newbie he/she starts looking at you funny.

Follow the monthly candle and be profitable

very true indeed.

EURUSD

next time use a prepaid card.its the safest way to pay for forex if your bank is still in the stone age !

EURUSD