I left my old channel in from 4-20 to 4-22. Look at PA now. There is a S/R zone at the 100% and that lines up with some older zones. This thing is really interesting on how it picks these things up. Where now? Well, these areas of price flips often ...

ICCE. Bemac's Fib. Reverse Engineered

Frustrating is blowing multiple accounts and after 10 years of doing so, re-reading your post and saying: "If I only had proper a longer term view, I'd be home free right now" I have some good friends who lament not having a college degree. I've ...

james16 Chart Thread

Pick one. Makes no difference which demo you go with. Look at the list of recommended brokers here on the site. Pick one. Just pick. Makes no difference at all. LINK And I will virtually guarantee that the problem is the trader himself. Here - ...

Is there ANY legitimate broker?

Very True. So, what do we do to avoid a burn that leaves a scar? Demo trade until you can be successful for at least 3 or 4 months. Keep your risk very small when you go live. (Under 1%). Once your gain real confidence, expand your risk to 1%. Learn ...

Stuck in Bad trade(s)

Most important - this is a business - so risk needs to be assessed honestly and then managed. Risk should be kept very low. Live to fight another day. No Stop: Do not ever do that. Ever. Platform freeze You have stops in place. Fire up your backup ...

Stuck in Bad trade(s)

Sounds to me that there are some big personal issues to consider and overcome before even starting to trade. I don't mean to sound combative, but if you think of your broker as 'nasty', you've already figured out that when you lose you have someone ...

50k Account..2% Risk..Would you keep the full 50k in the account?

Have you settled on a standard manner of figuring the channel. I am gravitating toward grabbing all of the bars now. Still noodling with it and doing some experimenting. The other thing I am doing is seeing how making sure I have two touches - top ...

ICCE. Bemac's Fib. Reverse Engineered

Watch and observe what happens. These things are not an instant gratification thing - there is a time element that plays out. Right now observing price behavior is what most of us are doing. How about this one. I've been watching since April 22. EU ...

ICCE. Bemac's Fib. Reverse Engineered

Recent posts on % gain per month — Everyone wants to get rich - and of course get it accomplished in a few years. (I know for a fact, I'd like to!) Funny thing about that - it can take more that a few years just to put the right personal tools ...

james16 Chart Thread

One way or another - you are gonna pay. Either commissions or pips. You pick. Want low, low costs? Trade with volume. There are trade-offs with different kinds of broker/dealers. You get some nice stuff with a broker like IBFX or FXCM, that MB does ...

MB Trading Futures - Introduction

Thank you MissPips! Now for a stupid greenhorn question. Please forgive me, for I am a lowly sinner. What do I do with all those parallel lines? I see how price tends to react and run with them, but I cannot seem to discern how to use that ...

ICCE. Bemac's Fib. Reverse Engineered

Well, every dealer/broker is a little different and focus on different things. The homework you have is to decide what is important to you (swap, spread, service, execution, etc, etc) and decide from there. As you can see the question you've asked ...

What broker should I go with?

great one - I have it marked on my charts - and in a trade on it. There was a tremendous PB on the 1 hr chart with beautiful divergence on the MACD. Be careful on managing this - if you are in it. Price is down to 1.5000 as I type this - which is a ...

ICCE. Bemac's Fib. Reverse Engineered

Very nice - thank you. Now I must work to figure out what it 'means'.

Fib. Reverse Engineered.

Systems are nice, but without a solid foundation under your feet, all systems will fail for you. For example, a qualified pilot can takeoff and land a 747, but a Cessna pilot cannot, and I can do neither. I see you've been around for a while, so you ...

Successful Forex Factory Systems

I have not fiddled with that yet. I will. Shifting the % - I'd like to think that there is some science (or at least statistical math) I can apply to it, but with the random nature of things.... focusing on what I can control - MM, etc, may be a ...

ICCE. Bemac's Fib. Reverse Engineered

Yeah - I've been seeing that - not sure what I would do with them at this point. I need to noodle on it a bit.

ICCE. Bemac's Fib. Reverse Engineered

Chart: E/U 1hr — Running through the trades from last Tuesday (5-28). Getting into atrade is easy - managing and getting out - with your pant on, that is a bit more work... From the bottom left - breakout - PA was present on the 15m chart ...

ICCE. Bemac's Fib. Reverse Engineered

You would be trading back into an area of S/R defined at ~1.3400. At his point you would look to go short. That 'tail', as you call it is a strong indicator that the market is looking short. (See the james16 or Silent Service Method threads for a ...

No Brainer Trades

Personal theory of mine: Soros is better on TV. He is a better marketer and promoter. He is more fun to listen to. Rogers is wicked brilliant, but boring. My kind of guy! This is the reason McDonald's sells more burgers that anyone else. It ain't ...

How George soros made his billions