Welcome to the wonderful and wacky world of trading I hope you enjoy your flight with us fasten your seat belt because this is bound to be a bumpy ride. I recommend you learn Anything written by Anna Coulling she knows what she is saying, and then ...

A delicate secret

If you trading 1 lot and less then there is not such things as best currency pair to trade. It's like this, we see these currencies paired up all the time and think they are good to trade. But my way of thinking and it has served me well over the ...

What pairs to trade for best performance

I trade because it's fun. The ultimate jigsaw puzzle that's all nothing more nothing less.

Mentality - reasons for trading

"my new year resoltuion is to make up what i lost in forex trading" Trust me that is not a good resolution. Forget about the loses and accept them as your payment for being naive and ill informed at the time. If you bring back your old loses, your ...

New year New system!

You see the thing about trading is your state of mind plays a big role also in the outcome of your trades and that is something that can never be back tested. Look at your chart at 41 for example at DD1 AND DD2, if you hit that losing spell in real ...

How to position size to maximize return over capital?

"Dear Traders, I have observed with time that all theories about trading are for theories sake. You can never make real money obeying them. I wonder why. All the EMA crossovers are lies, Oversold and Overbought are lies, the use of stop-loss to ...

Too Many Lies In The Forex Trading World!

All the answer here just miss the point all together. The simple fact is that someone has to be on the opposite side of your trade, plain and simple like that. The market is not fair, and we are actually the hunted in the market plain and simple, ...

Why are most retail traders usually on the wrong side of the market?

If you're system gets more than 3 consecutive loses then I advise you to never go over 1.5 percent per trade. And with 60 percent then with your system 4 consecutive loses are possible. Just my two cents.

How to position size to maximize return over capital?

"However, a more recent study conducted by the Univ of Iowa states that: ".....price movements can be predicted with a better than 50-50 accuracy for anywhere up to one minute after the stock leaves the confines of its bid-ask spread. Probabilities ...

A delicate secret

The issue with Price Action at least for me is this. It's all best guess, the only thing that can save you is almost perfect money management in the long run. There is simply not enough information on that chart, Price action essentially put the ...

Money and trade management using support and resistance

That chart you have there really doesn't say much. The question you have to ask yourself is this, is it EUR selling or USD buying that is causing the resistance? Although they might make the bar appear the same they make a big difference with any ...

How do you guys handle fakeouts?

Are you keeping your stops tight? because resistance and support is a very funny thing.

Money and trade management using support and resistance

It's simple really. You just have to know which phase the market is in, without knowing that the best you can do is just jump in and hope for the best. I am not talking about no indicators here or wait until whichever line is in fashion today ...

Is there a profitable strategy that works 80% of the time?

I don't really comment much on these forums because I don't think most people want to listen. Don't pay attention to the money, that's going to get you burn, don't even pay attention to the pips you get, try and space out you intervals where you ...

How Long Does It Take to make $5000/Mo consistent profit?

@hanover Ok thanks man. I wasn't looking to get it modified for free ofcoarse I was paying. You do such good work around here that I had to ask, it's hard finding codeds who know how to code and have good knowledge about trading.

Hanover replies to PMs

The same thing happened to me, they just needs to be recompiled. I did mine and it's good now. Good luck.

MT4 New build 600 is released

FranksBiz "I can see three indicators but can’t attach them to a chart, as I could in the old version." Hey I had the same issue, send me the indicator and I will see if I can convert them for you. [email protected]

MT4 New build 600 is released

Dr.Phoenix Thank you for your advice and file to help recompile indicators to the new MT4 build, i was losing my mind trying to get my old indicators to work, thanks again and god bless.

MT4 New build 600 is released

Thanks a lot Robo, I will check him out and see how it goes.

I am looking to get an EA programmed.