This is great to see, how this thread is beginning to return to its old self again. I can see GBPUSD rising to 1.5830 (2.618 Fib level - drawn from 1.5380 up to 1.5585. Elliott Wave Theory - First Wave). If this is true, this is the 5th and final ...

Cable Update (GBPUSD)

Wow this is unbelievable guys. I went to sleep 11 hours ago. All I said was "Forex is a zero-sum game". Then its now come down into an argument with all the lip and verbal nonsense.

No more BS - What have you learned?

Kreil's Trading Background — Anton is a professional trader formerly of Goldman Sachs, Lehman Brothers and JP Morgan. He opened his first trading account at the age of sixteen with money he saved doing evening and summer jobs at High School. ...

Institute of Trading and Portfolio Management - Be a Professional Trader

Like all things in life. This is easier said than done. You need to take into account the whip-saws and trading ranges. If a market is ranging, your strategy is designed to trending environments. You will be caught out - "naked punting is for ...

Is making money in FX that easy?

There is a good reason why 5% of the people are making 95% of the money and why Forex is a zero-sum game. I wouldn't be paying someone to be a mentor. I would be simply following their lead on how they became successful at the trading floors of the ...

No more BS - What have you learned?

I will openly admit that my returns are not to my targets or standards. I have a some knowledge of how to trade and analyse markets. But I want to be taught how to trade by a professional. Not just anybody. But someone who has actually been ...

No more BS - What have you learned?

How do you figure? Because I'm not seeing your point of view. At the end of the day, it simply comes down to how much you make per month/quarter/annually. From past experience: Day trading does not work. That is where 95% of the money is lost.

No more BS - What have you learned?

Since we're on the thread of "No more BS - what have you learned?" Has anybody been making a consistent annual profit? If not, you have to begin to ask why is that? On a brighter note, anyone remember "Million Dollar Traders". Apparently, Anton ...

No more BS - What have you learned?

'The Telegraph' Newspaper Article. — I've managed to find the article, if anyone else is interested in reading it: url

Anton Kreil's Institute of Trading and Portfolio Management

Claimant count - a measure of unemployed that excludes many. But this is lower than in Euro zone and US. Inflation is going up but his fuel duty rise will put inflation up more and business costs it should have been frozen. Interest rates may not ...

Cable Update (GBPUSD)

UK Budget 2010 — The UK Budget 2010 has had mixed news which is why there isn't a definite market direction yet. It is possible that we will see a delayed reaction later. I can see support 1.4930 - but the hourly candle must close below the ...

Cable Update (GBPUSD)

Some Investment Bank or Financial Institution has dumped a large sell order on the market. Its quite possible that it will flush out long trades which joined late and anyone short should cover their positions.

Cable Update (GBPUSD)

Short GBP/USD Profit/Loss = +£30.50 Short EUR/USD Profit/Loss = +£10.01

Forex Rookie's Trading Journal

Long EUR/USD Profit/Loss = -£8.04 Long GBP/JPY Profit/Loss = -£13.89 Short GBP/JPY Profit/Loss = +£21.07

Forex Rookie's Trading Journal

Sell GBP/USD Profit/Loss = -£12.98 Sell GBP/USD Profit/Loss = -£9.70 Sell EUR/USD Profit/Loss = +£37.25

Forex Rookie's Trading Journal

Price is trading below daily pivot point and didn't break the 23.6 Fib level - i'm favoring the short side.

EURUSD

Long EUR/JPY @ 130.35 Target @ 130.95 Profit/Loss = +60 pips

Forex Rookie's Trading Journal

Monday's Trade - Asian Session — Long EUR/USD @ 1.5044 Target @ 1.5100 Profit/Loss = 30 pips

Forex Rookie's Trading Journal