Thanks for your contribution to the thread. certainly appreciated. You are right in saying that many times there are simply too many supports and resistances. If you open the hourly chart, you can find a SR region every 50 pips. In 4H, you can find ...

Simple Trading Using Simple Techniques

I already have a couple of traders expressing interest in this program thru PMs and they had some questions which i have clarified. Others can contact me thru PM or can message here if they have further questions.

Mentoring and Fund Management

I do not believe in using a lot of indicators. having worked with brokers and having seen large fund managers and being a fund manager myself, i can vouch that they dont use a lot of indicators. The MAs maybe (like the 200 SMA or so) but not much ...

Simple Trading Using Simple Techniques

Thanks Matraguna, for your comments. I really dont use Fibs nowadays as well. If you think about it, fibs are just another way to find the places of supports and resistances. And there are a hundred ways to skin the cat. We can find support and ...

Simple Trading Using Simple Techniques

As seen in the first sample trade, these are the kind of charts and trades that i prefer. Trades should jump out of the charts to you. You should not go in search of the trades. One minute you look at a chart, you should see the trade. Those are the ...

Simple Trading Using Simple Techniques

An example of a simple technique for a simple trade. See attached weekly chart of NZDUSD. It has hit resistance (marked by red line) and it has failed there. Being a weekly resistance, it is going to be tough to break. Add to this, the fundamental ...

Simple Trading Using Simple Techniques

why dont you guys get a mentor or something? its criminal to lose money like this. And after everything is lost, traders look for fund managers and mentors with their last $200 in their accounts. have seen so many like this. i am sorry but i dont ...

Watch me lose $29K from now - How long will it take?!

ok, i just said what i felt. if you have other thoughts and you do well with those, so be it !!

EURUSD

most of you guys seem to be trading blind. Going long and going short just cos you feel like it. 200 pips up doesnt necessarily mean that it has to go down after that. Wait for the market to tell you what to do. Dont try to guess what it will do. It ...

EURUSD

well, i am already long since yesterday morning and making pips.

Full Time FX Trading

i have heard of 4,6,7,8 and 9. Have not even heard of the others. I think apart from choosing a good broker, it is important to look at their licenses as well. Nowadays, most of the licenses have degraded. I have worked in brokerages and i know that ...

EURUSD

run away mate. seriously. i have worked with brokers on their side and this is a clear sign of bad things.

EURUSD

dont be so sure of that, mate. anyway, thats your call !

EURUSD

who is your broker? from what i understand about the broker side, license doesnt get suspended due to technical issues. MQ suspends server license for non-payment. so maybe your broker doesnt have enough funds to pay their server fees. I would take ...

EURUSD

as expected AUD and CAD strengthening. AUDUSD going up and USDCAD going down.

Full Time FX Trading

dont want to make it sound like 'i told you so' but indeed 'i told you so' .

Full Time FX Trading

ah ok. my mistake. i thought you had quoted a different post of mine. sorry. Technically, EURUSD is right on the 200 daily SMA which is always a good guide as a support and trend- giver, used by big fund managers. Fundamentally, the Euro will always ...

Full Time FX Trading

i agree that the amount of correlation varies over time. But i wasnt talking about correlation at all in my post. was i?

Full Time FX Trading