I'm still a newbie and I actually have dreams about opening huge trades and market going crazy in my favour all of a sudden lol

Is Forex trading worth it? If so, why?

Sorry but I HAD to say this

A supernatural power is making me lose

Say something cool please Mr. Fischer from FOMC to stop this madness!!

EURUSD

And we have Non-farm Payroll coming tomorrow. This should be interesting!

EURUSD

Same here. I'm not an experienced trader too. But I've been making profits continuously for the past 3 weeks or so. Strated off at $5000 on 26th of October and now I'm at $7004.82 as of this moment. i never bet against the USD. And as soon as the ...

EUR/USD: IntraDay Scalping and Short Term Swing Trading Only

Euro to hit parity with USD seems like a self-fulfilling prophecy

EURUSD

Whatever you do, just stay away from Requiem for a dream or you'll end up making foolish bids

What kind of music you hear while you trade?

Yeah but that happens on currencies like USDCAD AUSUSD. very rarely does it happen on currencies like eurusd, gbpusd or usdjpy that it hits above 25 pips before the actual trend starts. I checked the previous months' NFPs.Anyway, it's all about ...

EURUSD

Stop limit? Why and where? Sorry, newbie here

EURUSD

Why not?

EURUSD

Trading during NFP news seems rather easy. Place a 20-25 pip buy stop above the current price and 20-25 pip Sell stop below the current price 5 minutes before the official figures break and set the tp at 30-40 pips. Do that on EURUSD, USDJPY AND ...

EURUSD

STC seems like a decent indicator, especially for scalping. With an appropriate SL you win more than you lose at the end of the day

MTF Schaff Trend w/ Alerts

Heard this from a friend, not sure how true it is but he said you shouldn't jump around from pair to another. Stick to one currency pair until you're a PhD in that particular pair and that's when you'll start making money

A beginner trader vs pro trader

Well, That was disappointing. I was very hopeful it'll work. Oh well, I guess broken heart is better than going broke Looks like I'll have to change my strategy to PA (Whatever that is but I'll figure it out). Anyway, thanks for your advice. It ...

Trading Made Simple

I don't average up even though I'm tempted to do so when I see a trend in my favour. I've already blown one live account through scalping, over-trading and with no particular plan in place so this time, the idea is to keep it simple and keep myself ...

Trading Made Simple

Thanks a lot. I read about Martingale and there seems to be a general concensus among traders that it is extremely risky. But I've been trading using this system for a month on a demo account and the results are encouraging. I wait for 30 pips to go ...

Trading Made Simple

I'm currently using the naked chart with martingale and the results have been pretty encouraging so far. Could you please shed some more light as to how exactly your account got wiped out? What was the lotsize, how often did you open the position ...

How To Trade With a Naked Chart

What do you guys think of this strategy? Enter the trade with 0.1 and if the trend goes against you (which it will, more often than not) make a similat bid with twice the lot size. If trend is still against you, make anothet bid with twice the size ...

Trading Made Simple

It is impossible to predict price change and get it right all the time. However, there comes a time when you observe the chart long enough and you're almost sure which way the price will move. Another time is when you know the currency is trading at ...

Why it is possible to predict price movement?

Here are the things I've learned from what little experience I have. Stick to your plan. Be patient and Don't trade in panic.

Post your mistake here - warn others