all the best, Tim! Way to go. We have similar dreams. Daily 3% growth will take you about 12.9 months to reach 1 million. It's the power of compounding. Will keep track of your progress.

Tim's £500 marathon. Goal £1 million

I think the bottom line is, after 5 years, are u profitble now?

James16 is not credible

Yes, i am getting the hang of trading news. The trade is quite fast and last less than an hour. Importantly, the stop loss level is quite small. Making some good gains. will continue to experiment it using my small accounts.

Ramblings of a Forex Junkie

Hi Nunrgguy, I miss your thread on the mystical realm of forex trading. For forex, I look at the daily open as weekly can be too long with all the recent daily volatility. But again, the type of open is of the least concern. Closing or managing ...

About Candlesticks: Why they were created? What do they reveal?

Yes, most will dismiss this pic as simplistic and move on. But this is the essence of trading - price will either go up or down from a reference point/boundary. Choose any line/boundary that suits your fancy. Let the below example speaks for itself. ...

About Candlesticks: Why they were created? What do they reveal?

Sis.yphus, What u have articulated is going to propel u to the top traders' realm. U should see amazing results. Come to think of it, the FF gurus can't even articulate half of what u have just said or comprehend what u have just discovered. They ...

About Candlesticks: Why they were created? What do they reveal?

This thread is probably the best-kept secret in FF. People have no idea what they are missing by following some other useless threads (so called gurus who are teaching nonsensical candlestick patterns and artistic chart templates) which will ...

About Candlesticks: Why they were created? What do they reveal?

I'm sure Chris has self-discipline in his trading. This is just a test account for him to try out new ideas. His real trading account is quite big, and I'm sure he should be doing well.

Ramblings of a Forex Junkie

in fact, I have suffered from the snb episode. My account was wiped out with my deposit and US 2000++ profit. But I have learnt from it and start again and make more profit from my new accounts. Well, forex junkies never give up

Ramblings of a Forex Junkie

U can clearly see the point of reference is the daily opening price. Price will either go up or down from the open. That's all price will ever do.😊 to see the price movement, u will have to go down to the smallest time frame or even ticks to get a ...

About Candlesticks: Why they were created? What do they reveal?

Well, this is the true nature of a forex junkie I am also using a small account to test out new ideas. But I have more or less stick to one way of trading. Thanks for showing ur trading approach and it has helped me a lot. Though my approach ...

Ramblings of a Forex Junkie

Hi Chris, good to see u back. 😊

Ramblings of a Forex Junkie

👍

About Candlesticks: Why they were created? What do they reveal?

finally, the Crucialpoint has replied to this thread! What took you so long Thanks the OP for starting this thread. It helps to crystallise my trading and remove unnecessary froth. The candlestick is just a tool to provide visual cues to the ...

About Candlesticks: Why they were created? What do they reveal?

DO not rely on indicators. The moment I start to think about trading without indicators, my trading improves. If you youtube some old videos on forex trading, you will be surprised that there are no charts at all - just a quote machine. Now, you ...

Post your mistake here - warn others

For trend followers: video

What kind of music you hear while you trade?

hi, make some correction to my code and now my 2013 is slightly profitable (~15%) with initial deposit 10,000. Make some mistakes regarding the stoploss. Esp. when the mt4 just updated to the new build and cause some rethink for my code. Silly me ...

Expert Advisor: Did you create your own successful EA?

hi NorthShore, It kinda tank in 2013 (-20%). However, for2007, 2008,2009, 2010,2011 and 2012 (testing for one year period for each year data), it is running profitably. It seems 2013 is bad for my ea for some reason . Any insights for that? It is ...

Expert Advisor: Did you create your own successful EA?

image I think knowing how to code an ea is good in that you can actually test your strategy in a faster way to see whether it works in a large samples of historical data. If I have known about ea, it would definitely shorten my learning cycle. Most ...

Expert Advisor: Did you create your own successful EA?

Hi, maybe can add in how u have reached nirvana with ur 20 plus years of trading, and now want to set the Gold standard in teaching forex and ur method. And later being coerced to start a private forum because u have garnered so much followers. And ...

The magical mystery tour of the divine markets