it's choppy today, but it's going to brake, Im not respecting a low made over a year ago expecting a brake then a bounce at 50% weekly, Im up 60 pips atm and I am short ,will keep holding until 50%

EURUSD

do your self a favor and stop trade binary options, it's a scam

Binary options broker?

interesting thread, I like to know more I see you are using 76,4 fibs, I would suggest 78.6 is better, because 76,4 is not really a fib

Are support and resistance levels predetermined?

there can only be extreem entusiasm or heavy orderflow in either direction, thats probably what you mean as supply and demand, and thats right, for every buy there is a seller, what do you define as a good price? obviously if buyers buy, they are ...

A theory of trading

That IS supply and demand, if a great number of buyers or 1 buyer for that matter with incredible volume, suddenly are prepared to buy at a higher price, that is demand, they dont need to twist arms, both parties are of different opinion, the buyers ...

A theory of trading

yep allmost but the most important thing to notice is that if price go up, the buyers are buying at a higher price, otherwice the price would not go up, could be a hint they know something you don't

A theory of trading

Thanks! exactly what I need

Help! Where can I find this indicator? (H+L)/3

ofcourse if you only trade the news and know what you are doing it is another matter becauses that is all incorporated in your strategy, but most traders not trading the news tend to get hurt by them and to sit on the sidewalk during that time might ...

Trading Without a StopLoss

no I don't think 100 lots would be much noticable what I mean was, lets say you have a 10 billion account and you did trade allin 1 trade, ofcourse you wouldn't do that but, just an example but if you did, you would move the market so ...

What if someone finds the Holy Grail?

Bump!

Help! Where can I find this indicator? (H+L)/3

I would withdraw it all and deposit it into my bank account and move to a island

What would you do with a Billion Dollar Forex Account?

there is no best, its all a balance, a very short one will get most all signals but it will also get more whipsaws, and larger periods will get fewer whipsaws but larger moves, a good thing is to use both fast and slow ma crosses at the same time, ...

Is This The Best MA Cross?

I have seen many explanations on this matter, many of them simply wrong, one would be the ( if the market go down there is more sellers than buyers) or if the market go up, there is more buyers than sellers, this is simply wrong! if anyone is saying ...

A theory of trading

we use horisontal trendlines to mark previous support and resistance levels, and diagonals for the brake, ADX to see when a move is fading out, (not the +di and -di lines) overbought and oversold indicator, Fib and retracement levels, but the thing ...

Identifying Market Swings - Medium and Long Term Trading

stochastic works very good in ranges and shop

How do forumites trade in choppy waters

you can trade the daily range, after the daily open, (new daily candle) the market will normally create a range, use trendlines to box it, it does not matter what time you have in your country, just let the range guide you. trade the brakeout at ...

Off "peak hours" trading question.

just use the fib extensions, target 1.618, thats about standard in the industry, then, have a lot of patience

Profit Targets

Yeah thats the Euro Daily isn't it it is a heavy down trend for sure, the market has been declining for some time now, so I am suspecting a reversal will come soon, after that long spike down I am more inclined to buy then sell, maybe it would be ...

the naked eye indicator

Yes the Brokers can se everything, they know your entrys ,where you have your stops, just about everything, if they saw a strategy that allways won, if they had any brains they would start to copy your trades, and would want you to stay with them as ...

What if someone finds the Holy Grail?

as a experienced trader trading live for several years, I would say it is Ok as long as you have a mental stoploss, even if you don't want a SL, you got to know where to get out if it doesn't go your way, and you should not be trading during news ...

Trading Without a StopLoss