There is a possibility that you could have a string of losses long enough to seriously dent any account using any system. This is why it is important to be sufficiently capitalized and to use an appropriate money management strategy, just like you ...

I have 9 losses in row. Best MM ?

That really depends on your risk appetite. Just because the maximum string of losses is nine in the past does not mean that there will not be a longer string in the future. Ten sigma events do happen, if the prospect of blowing your account fills ...

I have 9 losses in row. Best MM ?

More buyers than sellers is about as succinct an answer as you need my friend.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Possible GBPCHF short coming up - there is also a 15m level that price has flirted with but I missed it and I reckon it comes under the category of 'used and abused'. The 4H level should hold more significance.

No Brainer Trades

If you're new to forex (and maybe even if you're not), all you want to know about the news is when it is released so you can avoid making any trades around that time. Many brokers have a news feed service for their live customers, and there are ...

forex news releasing??

I guess so. The term 'fade' is normally associated with high risk (and low won/loss ratio as it is against the trend), but this does not seem to be the case judging by the results of BRV's trades so far. I am beginning to think that the only way to ...

No Brainer Trades

The direction the price is approaching the support/resistance. When someone says 'I'm fading here' they are saying that they are taking a contrarian trade in the expectation that a support/resistance level will hold and price will reverse/retrace.

No Brainer Trades

To 'fade' is to take a trade in the opposite direction of the prevailing trend, that is, in expectation that the support or resistance will hold.

No Brainer Trades

And here is some advice for you: Better to keep your mouth shut and have other people think you are an idiot rather than to open it and remove all doubt. I'll come in and out of this forum to educate further how not to be a tool.

MB Trading Futures - Introduction

It does not really make sense from a mathematical point of view to stop trading once you have hit a target, as long as the system/trade plan is proven to make money over the long run (as opposed to in a casino where if you are winning you have ...

150-200 pip/month without technical indicators.

Forget about it, it is not important. To learn more about the news releases click on the folder to the right of the news item.

Auslanco - GBP/JPY and GBP/USD (newstrade)

It may well be the case that the methods are very similar if not the same; logic travels down the same avenues after all. However, there's quite a lot of stuff going on in your chart and by your text there appears to a discrepancy. My perception of ...

Breakout Confirmation? ideas

I believe it does differ. I do trade the retests if they come back (in all explanations assume a breakout above for simplicity) right to the resistance turned support and the candles start making higher highs on the lower time frames. However I will ...

Breakout Confirmation? ideas

I'm partial to trading breakouts myself, but you've to be sharp. The best breakouts are the ones that fly right from the start, if they don't then I try and bank partial profits and/limit exposure/or get the stop to break even ASAP. It is perhaps ...

Breakout Confirmation? ideas

Worlhin, observe the chart. I am not recommending you trade this system (certainly not the entry method unless you have investigated it fully) but it is a simple method of placing your stops so you stay with the trend. There are loads of books out ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

No-one ever learnt to trade from the info there but it does give you the basic foundations upon which you can build some wisdom. About stop losses - dude, this is the one of the most important things about trading, not having one at all is crazy. ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Don't short now, but don't go long now either. What you should do is go to babypips and learn how to trade. The markets will still be there when you have learned, just make sure you have some money left for them.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Maybe so on a personal level but a pip doesn't mean anything. All my 'pips' have different values as each pair has a different pip price and I gear my lot sizes according to the amount of risk I am willing to tolerate and so factor in the distance ...

Tell me if this is reasonable

A break below 210.56 today will make me very happy indeed. Check out this PF, could be a great place to add a couple of testers in expectation of continuation. Price has been all over it, pivoting and retesting where it is supposed to.

Auslanco - GBP/JPY and GBP/USD (newstrade)

I expect we'll get some profit taking around the lower support line of this pitchfork that we're in. It has already been respected a couple of times.

Auslanco - GBP/JPY and GBP/USD (newstrade)