What has confused matters is that you are jumping in to defend FX, which was none of your concern. His post said my channels were wrong. My attempt to explain them has been misunderstood by you. The "your wrong" reference was to his post. If you are ...

(binned per thread starter’s request)Asian and London Section In

Not sure how I'm a know-it-all. Did I tell anyone they were wrong? I simply posted a couple charts and trades. You've responded with a "your way is better" post. So what? If you think your way is better, I have no problem with that. But I don't ...

(binned per thread starter’s request)Asian and London Section In

Okay. For you to say my channels are incorrect, I could just as easily say you are incorrect in that assessment. But I won't say that, since I believe there are many ways to draw channels, and many ways to trade. Anyone who thinks that others are ...

(binned per thread starter’s request)Asian and London Section In

Okay. So we don't agree, then? Ha ha, I saw your analysis above, so I already knew that You don't believe past performance guarantees future performance? No kidding. But there is a certain amount of this belief in any trade you take. Otherwise, a ...

(binned per thread starter’s request)Asian and London Section In

Okay, I can't say I disagree with you on this in terms of technical analysis. My primary strategies are based on candlestick patterns for entry. But for GA/GN trades above, I decided to go for it... As far as weak GU, I don't worry about that. GU ...

(binned per thread starter’s request)Asian and London Section In

GJ looked good as well, similar setup and was in long last week, but I closed it out last week to minimize my risk (had too many trades open). Tempted to go back in for 650 pips, and 1:8 R:R. But will wait for a valid reversal pattern on H1 or H4...

(binned per thread starter’s request)Asian and London Section In

My GN channel trade setup... Similar to GA, aggressive sell off last week, but we'll see if 746 pip target can be achieved...

(binned per thread starter’s request)Asian and London Section In

This is my channel trade setup (GA), I entered towards end of last week. We'll see if it works, and if I have enough patience/discipline to get the 488 pip target. But if the channel pattern continues, should hit target by end of week... Obviously ...

(binned per thread starter’s request)Asian and London Section In

Yeah, not sure where I got 50% win rate, ha ha. And you sound very disciplined with your trading.

Gp's simple daily fibonacci-based system

Hi GP! Your strategy caught my eye, as it is similar to a strategy I've used based on 50% retracements. Do I understand that you are saying you've used this strategy with a win rate better than 50%? Also, do you use Mt4? If so, I have an indicator ...

Gp's simple daily fibonacci-based system

Interesting point of view. So, have you read the bible from cover to cover?

I've figured out why so many people lose money in Forex

Well. I really need to get some things done this weekend that don't involve trading But I've been thinking about this thread, and trading demo, verses live. I've reached some conclusions, some new, and some that are what I've concluded in the ...

The 3 month demo trading trial - Journey to profitability

Also, average R:R was about a 1 to 1.3. I think I can improve this as well. We'll see...

The 3 month demo trading trial - Journey to profitability

Looking at my trade report for yesterday, I noted that I had 5 trades that I held for a few days, entered on the daily chart. I wanted to see how I did with only the intra-day trades executed on Friday, so I recalculated win/loss percentage and pips ...

The 3 month demo trading trial - Journey to profitability

Mr. TimTheTrader, you are on my ignore list, because of your useless post here. You say you are profitable after only a few weeks? From Feb 4th? That is hilarious. That's not even 20 days of trading. How can someone who's only just started live ...

The 3 month demo trading trial - Journey to profitability

Maybe you have some input that is actually helpful? This post is useless. If you read everything I posted, you'd realize I am on demo until I can turn things around. Seems like you just showed up to brag about how profitable you are. Good for your ...

The 3 month demo trading trial - Journey to profitability

I was also looking at pips gained/lossed, since I believe if proper money management and risk mitigation were followed, it tells a more accurate story... I had 355 pips gained, and 270 lost, for a total gain of 85 pips gained. Average losing trade - ...

The 3 month demo trading trial - Journey to profitability

Also, thanks for your input and reminders regarding money management. Vielen Dank für Ihre Hilfe und Unterstützung!

The 3 month demo trading trial - Journey to profitability

On the negative and positive side: This week, for this account, which was started 4 days ago, I allowed my losses to take my balance from $500 down to $15. I wanted to give up on the account, and start over, but decided to see if I could rebuild it. ...

The 3 month demo trading trial - Journey to profitability

Also, I mentioned the negative in terms of risk, but a little bit of positive feedback on today's trading: 50% win percentage (20 trades total) Average losing percentage was 9% (this is bad, but an improvement for me) Average winning trade was 46% ...

The 3 month demo trading trial - Journey to profitability