The one thing I have learned recently is this: Although it IS possible to gain 20% a month in Foreign Exchange, it likely cannot be replicated month after month. (I know some genius will post something about making 1,000% every year for ten years) ...

How I blew up my account in 3 weeks

Must be in a different time zone as I, as my IBFX feed looks more like a neutral bar.

james16 Chart Thread

Observations, agreement, and a joke. — I have been implementing this into my projections of Price Action as taught by James16, and have to say this is a NICE addition. (My 1-2-3 trades have all been on Forex Tester, as there really hasn't been ...

The System (Irony included)

Were you the one watching me during my scalping days? Clockwork

The System (Irony included)

Peter - How was France? Glad to see you back! Chris

Help for Newbies (Discussion Thread)

True, while I would have loved to buy the Euro three years ago....I wasn't trading then. News trading is becoming more and more dangerous. And besides.....can you predict how the market is going to react? I can't, because it doesn't always react the ...

How do you trade news?

Just remember that a home run doesn't need to happen today, tomorrow, or even this week. A real home run is buying the Euro 2 years ago. The point is this: A home run ball might not always travel at 80 miles an hour.

Cornflower Hourly System

English is not his first language I would suspect. (I think I read he is from Singapore. Maybe someday he will explain to us why Asian Forex Traders kill each other over 2 pips at a time. Asia is a source of indigestion more often than not for me.) ...

The System (Irony included)

An example checklist. — Please erase this post if you think it distracts, but I can see a lesson here. Allow me to indulge myself by doing this. I am printing this out and putting it on my wall. I am also writing the answers to these points, ...

The System (Irony included)

Get a Reuter's feed......but be willing to pay something like 1500 a month. (I believe.) Or, trade longer term, and don't worry about it.

How do you trade news?

He is a James16 member, and yes, it's based on a different entry signal. Something called an Outside Bearish Bar. I can assume, (since I am not looking at the chart, and writing this from memory...) that there must be a support line that was broken ...

The System (Irony included)

Yes, because the entire time I have been following/trading Forex, it's been straight to the moon - it's boring me. Besides, how can one take the Kiwi seriously? I have met several people from there, and they are good at two things.......Rugby, and ...

The System (Irony included)

You should stand up and do jumping jacks whenever they complain. I promise they won't bother you with it again. Clockwork

The System (Irony included)

Screwing around with something horrible called work. I hate it when they do that to me! I am a contractor, and clients call from time to time. I can't convince them to just send the check. It's something I am working on. lol) (for future ...

The System (Irony included)

I am not sure if this comment is directed at my post of the NZD/USD chart, but if it is....I was asking if that was a possible 1-2-3 forming. (assuming it goes lower.) The pinbar formed after trading was even uglier than that one, (as I posted it ...

The System (Irony included)

As a P.S. to the above post, there is one other thing that I would add: I don't know exactly how to quantify this, and therefore haven't acted on it. And, I can't really put my finger on why.... The Kiwi just isn't acting right. I cannot tell you ...

The System (Irony included)

I believe psychology is what drives the market. It is also what drives your actions. Think of it this way: If you have ever taken a stupid trade (God knows I have been guilty.) then knowing is not enough. The Psychology failed you. (The above ...

Psychology is nothing

Tech analysis on NZD — Perhaps this is early, but here is something I have been watching on the weekly chart of this pair. Since the employment rate came out at a horrible -0.4% the other day, I think the rate increase cycle is done. I could ...

The System (Irony included)

I currently see the next possible victim being NZD, .7200 by year's end. It should keep going lower through next year. I could be wrong. Or, I could become the next Jacko....only different. I will be watching this pair with great interest. ...

Swing Trade Potentials: 1 to ? Weeks Duration.

This is where I am lacking.....looks like have some investigating to do. Clockwork

The System (Irony included)