DONT trade right now, Greek meeting, bailout watch for the next hours.

EURUSD

I am not saying you have to use a 15 min, 4hr, and daily. I am saying space your time frames as close to evenly as possible. Tradestation BTW

Am I incorporating higher time frames the correct way?

If you have a multi time frame strategy it wouldn't make sense to use a 9 minute, 10 minute, and daily chart would it? Just like it wouldn't make sense to be using a 5 minute, 4hr, and daily. Spacing your time frames effectively increases the ...

Am I incorporating higher time frames the correct way?

So over night major banks got wrong footed on their Euro trades. I got tons of emails of banks being stopped out of their positions. Yes most time frames were overbought but when you have a monthly chart whose oscillator is starting to look bullish ...

Trading is supply and demand

If you are using multiple time frames then pick your time frames and make them truly representative to each other. In other words choosing the 5 min, 4 hr, and daily doesn't really makes sense just like looking at the 1 min, 4hr, and daily wouldn't ...

Am I incorporating higher time frames the correct way?

Your eyes should do that.

Trading is supply and demand

See what I mean, the picture says sell but trading the CAD involves paying attention to crude oil. Oil dropped GBP continued up.

Trading is supply and demand

I only trade the EURUSD for certain reasons. Other currencies are too dependent on various variables "news" that could affect direction. The example you are giving GBPCAD seems like a good short as indicated by your charts but remember the oil makes ...

Trading is supply and demand

I expect it to continue consolidating then we go up. I think that if crude oil turns into a bull the euro will finally reverse its course.

Trading is supply and demand

Guys really!!!!! Every single chart I have seen here has at least one thousand lines drawn over the charts. If you are going to trade using cyclical indicators keep it simple. I use my sine wave indicator to plot support and resistance levels. Keep ...

Sine Wave and Channel Reflection, Action/Reaction putting it all together

I see no losses? BTW I only trade the EURUSD, some pairs are just difficult to read and don't hold a readable price action.

Trading is supply and demand

One thing I forgot to mention about my experience: People get into the forex game because they see a method to getting quick and leveraged profits. This alone automatically changes the mentality of a person, people start to overtrade. In actuality ...

Trading is supply and demand

Let me fix this thread: I have been trading forex since I was 13 years old (believe it or not). Today I am 27 years old and from experience I could tell you that patience will improve your trading a whole lot. People get into the forex game because ...

Trading consistently for profits

Guys it is about watching price action as price goes against the major trend. To do that you have to see things live not as a picture.

Trading is supply and demand

The key is seeing how price reacts to an oscillator that is going against the major trend.

Trading is supply and demand

You think because you can manage leverage this wouldn't have affected you? Unfortunately I have nothing to do with knowing how to use leverage. You could have lost much more than you could imagine.

Forex changed forever!

This happens ever so often, last time it happened was with the Yen if I remember correctly.

Forex changed forever!

So if you lost money having a SL they wouldn't honor the stop loss? How about if you traded in the right direction would it still be your profit?

Forex changed forever!

Countries outside the US use high levels of leverage.

Is this the start of the end for high leverage?

I would take this guys job any day of the week, clearly he isn't good at what he does.

The CHF tsunami - 15 January 2015