or.... — If it goes below 8750 the bottom might fall out (temporarily).

AUDUSD Pattern

Nice, acrid smoke though.

Cable Update (GBPUSD)

Haha, You made me leg it to put BBC News 24 on. I've had bigger barbecues than that. Hardly the Great fire of London.

Cable Update (GBPUSD)

Yeah it means patience.(patient = past tense) Thing is all these great geniuses had their failures, but they all share an incredible ability to visualize things and "think outside the box". For example Einstein used to think about fling in a sapce ...

Psychology is nothing

I totally agree with the sample size thing, however it was the experience of making a joint trade though brought the psychological discussion to the fore, rather than sweeping it under the carpet. I would definitely be interested in trying to derive ...

Psychology is nothing

Hi Malaysia, I really love some of the quotes from the great physicists, they range from hilarious to enlightening. How about this; "If I have ever made any valuable discoveries, it has been owing more to patient attention, than to any other ...

Psychology is nothing

I think this sort of topic will be universal where money (however much or little is involved). For example I did some 5min "scalping" with a friend last night, who's only knowledge of currency dealing comes from me. kind of like the blind leading ...

Psychology is nothing

Don't hold your breath.

favourite currency (100 pips per day)

Thanks for the responses guys.

4 Hour Strategy (MACD)

Worst part is I saw the support forming and could have taken 15 pips or at least moved to BE, I'm just too inflexible at the moment. I think it may be a real problem.

4 Hour Strategy (MACD)

Bugger!

4 Hour Strategy (MACD)

Hi splitty, I was wondering about this myself. I would guess that GMT would be the logical choice as London clears the greatest volume of FX transactions, but in reality it probably doesn't make any difference. Most of us here will be using a market ...

4 Hour Strategy (MACD)

Just taken short on the USD/CAD (original eh). Pullback of 4Hr signal and hourly is showing a failure swing (lower high) at the 300 level. sell 266 sl @ 335 TP ? hoping for a retest of the lows, so provisionally at 110. Currently up 10 but need a ...

4 Hour Strategy (MACD)

:

If we could represent forex in equations.

jjk2 , that sig is feckin hilarious. Componde!

EFX, Why will you choose them ?

Hi ashes, This is the kind of thing I'm getting at. I was considering using 1xATR30, so around 40 pips on the euro. The idea would be to take of 1/2 when the initial risk is met, then just go to break even. I was thinking with any luck 40 pips may ...

4 Hour Strategy (MACD)

I'm looking at the hourly and there is no close beneath 1.4650, it sees to be turning to support, so my guess is no shorts above that level.

4 Hour Strategy (MACD)

Hi all, Just a quick question regarding stops. Does anyone use the ATR as the sole decision for stop placement?(4HR chart) Or are you looking at swing hi/lo on 4HR or lower time frame? Just wondering what the concensus is really. Regards, Ed. PS.I'm ...

4 Hour Strategy (MACD)

Anyone who quotes Einstein is OK by me!

How to Get Anything You Want (free ebook)

Sorry guys but America is not "Western civilization". To a civilized Briton the dichotomy between the USA's seaboards and the hinterland populated by tornadoes and God botherers is laughable. I'm from the North of England and there has existed a ...

Soros said he's got it all figured out