Forgot to mention I've been recording my ventures into the forex world on www.forexfactory.com/showthread.php?t=25984 please drop in every now and then.

My Path To Financial Freedom

OK my undoing in the past, trying to trade the news, certainly on the pound when it came to US news sessions which are often very, very choppy. I'm working on the assumption that the big dogs think news is GBP positive and am considering a straddle ...

Can I make 40% per month consistently

It looks like it is the end of this thread, as I understand it itme has moved on. I wish him well.

Low Risk, High Reward Trading Experiment

What a question, sure. Yeah trend manager is exactly what it says so if the particular currency is going sideways or erractic then its a problem. It looks like the steep trendline is holding from 30 min chart so maybe the big dogs expect UK positive ...

My Path To Financial Freedom

Thanks for this I'll have a look. I'm told on GBPUSD price tends to come back to the central pivot prior to news, this is 2.0013 for today. There wasn't another attempt at 2.0060 so I wasn't in. Price did however come back a little but is supported ...

Can I make 40% per month consistently

I don't like trading the news I tend to get a bit mangled. If price retests 2.0060 and fails I might be tempted to try and grab a few pips before news comes out. Or should I listen to the funny feeling in my tummy! Of course it could just be that ...

Can I make 40% per month consistently

Hi This is a toughie the way the pound is at the moment and again we have news coming out in 2 hrs. Lets hope its pound positive. I'm told pound often comes back to the central pivot, which is 2.0013 today, before news comes out, lets see.

My Path To Financial Freedom

Having a good look at EURJPY a double top at 161.50. On 30 min chart divergence on MACD histogram and if it should continue down we'll have divergence on stoch. On 15 min chart we have divergence on MACD.

Can I make 40% per month consistently

And using the 2 hr chart GBPJPY and EURCAD. With W's % R crossing the -50 line a brilliant combination.

Daily Fozzy on all time frames????

Another couple of trades GBPJPY and EURCAD (for those that ask about other currencies). There was also a EURJPY trade at 2 am est.

Williams % R system

Sorry hopefully this screenshot will come out properly. The vertical line indicates where the entry should have been on 30 min chart.

Can I make 40% per month consistently

Just got back from hospital with 10 stiches in my forehead. The Dr said I mustn't slam my head into my desk 20 times screaming learn this lesson stupid. Imagine the dull thud at me screaming stupid, ouch! There are other less painful ways to learn a ...

Can I make 40% per month consistently

Don't like the way GBP is jumping around this morning so I'm out with $40 profit. If we break below 1.9958 the run down should be on but we'll see when I get to work. Week 2 Goal $1000 Profit $40 Total so far Goal $2000 Profit $1136

Can I make 40% per month consistently

Moving averages 50,100,200 are starting to flip over on EURJPY so take care. If you want to trade W's % R definitely look at lower time frames until trend is established.

Williams % R system

S GBPUSD 1.9973 SL 1.9996 TP 1.9920. On 15 min chart Fozzy RSI crossed down over SMA and W's % R crossed below -50 line. Covered the spread so far. I'll be moving stop up to breakeven and following down.

Can I make 40% per month consistently

Hi Bob All I can say is week 1 went well. I'm confident in my system W's % R and the Daily Fozzy set up on all time frames seems to work well. Just a quickie if GBPUSD stalls at 1.9980 and Fozzy RSI crosses SMA down on 5 min and W's % R crosses down ...

Can I make 40% per month consistently

I'd love to hear the story from someone that has done it! I still believe the 40% pm can be done, of course losing trades need to be kept to a minimum then 20 pips per day cannot be an unrealistic goal????

Can I make 40% per month consistently

Hi Habeeb No its the IT Finance charts, www.cbfx.com/charts/chartsdemo.htm these are free so I'm sure I can post this? The Daily Fozzy works well with these charts. Cheers (from a Vaalie)

Can I make 40% per month consistently

Monday came and went with nothing I was happy with whilst I was at the computer. I was up at 4am local time, 22:00 est, to try and get one of those nice yen trades, missed one there and then overslept and missed a set up I would take any day of the ...

Can I make 40% per month consistently

Hi Keith Yes you can use on any time frame and any currency but the longer the time frame the fewer opportunities you'll get. As a trade off they'll be longer runs when they hit. I just use the 2hr chart for these 2 yen pairs. Other currencies I ...

Williams % R system