You've lost me. Anyways, I simply go by the candles and my interpretation of them. Nothing else. A move is always preceded a particular setup (which is very discretionary and too complex with my limited teaching skills.) It took me almost 6 years of ...

Do you guys find that forex trading sucks?

The markets aren't random, well forex anyways. I am no authority on the others. I will enter a move on these particular forms. After that, I will wait for a reversal or another spurt after a period of consolidation or retracement.

Do you guys find that forex trading sucks?

Thanks PK. I've added it to my charts...it makes a nice quick visual tool as I tend to go by the candles alone but at times get somewhat fatigued.

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I am not entirely sure that the European crisis is quite the issue we appear to think it is. Their sovereign debt is more a symptom of the underlying mountain of faulty legal paper (lost title) their banks are holding from the sub-prime days. Both ...

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Hi PK I apologise for perhaps asking the obvious, but how do you read the SSL Fastbar. If you have discussed it elsewhere which you probably have on numerous occasions, simply remind me and I will go off and look, otherwise, a brief explanation will ...

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I trade the 5 min tf but don't scalp. I tend to catch the whole move within a days direction...anything from 30 to 150 pips (and more sometimes). So the assumption that small timeframes equate to scalping is not always true.

Do you guys find that forex trading sucks?

Thats assuming that a competent trader who has compounded a modest sum to $500k will need to use all or a big portion of it or feel the need to.

Do you guys find that forex trading sucks?

I trade the 5min tf and wouldn't trade anything higher whilst I am building up my capital to a point where I can afford to trade less frequently and move to another level of capital accumulation.. This is a fairly self evident truth to me.

Do you guys find that forex trading sucks?

So true.

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New Zealand.

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So true. In fact, I found 120 pips worth of these set ups yesterday.

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I think Merkel recognises that this is an unfixable problem. The underlying problem is not government spending although the media moghuls would like you to think so. It's the vast mountain of messed up housing instruments that were issued during the ...

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I think that is pretty much a general sentiment so don't worry.

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I tend to think of capital as an objective force subject to immutable laws. For example, 9 out of 10 of us, subject to the vagaries of high net worth, would act in concert, whether it be investing for the best return, employing for the best return, ...

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Both wars were fought to advance the development of the bourgeoisie against the landowning classes (the British and then the Southern planters). They were in effect the first shots in the emergence of capital, mercantilism and early capitalism. The ...

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Bearing in mind that the US is basically a global currency, it derives its value from the labour surplus extracted in low wage zones such as China and India. Hence the love affair with these countries, especially China. Were the relationship to ...

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Politicians play in the global field. We commoners (bar the fabulously wealthy) still think in national terms.

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Oil price increases also contemplate growth and are bullish, equities wise.

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These forms of value work in early mercantilist (pre-capitalist) systems. As the depth of competition extends along with the constant struggle for market share, all forms of process emerge to extract the maximum surplus from an ever diminishing cake ...

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