nope not for me...

Daily candle chart

ok... had a quick stab at that pair... for me risk reward ratio, SL would be 100 or so pips, and movement is still in a strong down trend, therefore there will be retracement of another possible 50/80 pips, who knows for sure. at the moment it is ...

Daily candle chart

hi silverheat, welcome aboard! yes very good to start reading all that sort of stuff... that is what actually moves the markets, complimented with candlestick patterns, you'll do well! Yep, that looks like a good long, take a look at the weekly and ...

Daily candle chart

Excellent guys, thanks very much! i have gone with FXDD and suits the bill, it's worked out a treat!

End of Forex Day - Start of Forex Day

ok we are short on cable, price projection for me... 1.9650 area looks a good area to head for, wait and see

Daily candle chart

Peaches... Was a good call! Some excellent stuff!!! Keep it up and keep us updated on how you progress for sure! Regards, Guess

Daily candle chart

hi b@by that sounds about right. regards, guess

Daily candle chart

hi hussin... make sure you are using a broker with 5PM EST time on it, as this will avoid incorrect candles. regards, guess

Daily candle chart

If you look back at the previous low... you'll see the spinning tops were a signal for a reversal. Though Hussin, your input would be useful on this one!

Daily candle chart

Peaches... for me.. wait for today's close and if it closes below yesterdays low, then I would look to short... it looks like an excellent short coming up.

Daily candle chart

yes for sure, we use candle patterns, trendlines, etc ... for economic release or other news to wipe out everything that we thought was going to happen. therefore we have to have good MM, SL and TP, and we can have winners wipe out our losers.

Daily candle chart

"we know in this game there are always losses" - this is just an expression. sorry, with all due respect - I think this is a language/country barrier thing - in this case 'game' = business

Daily candle chart

mini lot = £1/$1 look at 15 min chart - reversal occuring

Daily candle chart

some people are good at price projection... this I will have to learn, though me, I always like to take pips of the table, this reduces your losses in the long run, as we know in this game there are always losses.. for me forex is very simple... MM. ...

Daily candle chart

this is me... as I like to take pips off the table... you never know... 3 mini lots - first lot tp 50, second lot tp 100 and then let the third lot run until I see a reverse (though keep a TP of 400 pips - I'll be happy with that) Also move SL to ...

Daily candle chart

don't want to go off topic on this thread, what are using for market close, I am using 5pm EST time, as I see some charts are slightly different.

Daily candle chart

by the way hussain... great thread, keep it going.

Daily candle chart

Hi, This is my take on the EURUSD. I waiting for break of previous days low and a close, then I am short - in the side lines until then. Regards, Guess

Daily candle chart

I am surprised that there is not much interest in this thread, as this beats looking at indicators... if you use it with a martingale strat and have a fixed SL and TP, then I think you will always be in the monies... don't know what anyone else ...

Gamblers 5 and 15 minute trading system