Agree Bear73, moving stop to breakeven as soon as possible is crucial in this game. Capital protection is key!

Trading without a stop loss!

Most popular indicators? probably moving averages, Stochastic, RSI, MACD and Bolling Bands. I pay attention to none of them myself though. For me, it's all about trendlines bounces, channel breakouts, fib retraces and specially confluences of them. ...

Which indicators and why?

I do trade with a stop loss. The stop loss must be related to the time frame I use to set up the trade. If I set up my tech analysis (fibos, trendlines, moving averages, etc) off the daily chart, then the stop loss gotta be dictated by the daily ...

Trading without a stop loss!

That made me LOL

Is there any news Statistics?

uh??? "the first part of the party of the first part shall be known in this contract as the first part of the party of the first part, shall be known in this contract..." - Groucho Marx

which way it`s easier to make 500p a moth!!!

How long doest it take then for the signals to be forwarded on the PF upon being posted on c2 Jim?

james16 Chart Thread

500 pips a month??? I hope you realize that 500 pips/month sustainedly is HUGE. You'd be multimillionaire in very few years. If you can squeeze 100-150 pips off the market month after month after month, you're definitely in the right track. Dont ...

which way it`s easier to make 500p a moth!!!

Just some food for thought: if he could intraday 30-to-75 pips off the markets every day (even if it was just one day a week), he'd be a multimillionaire via compounding within 5 years. So, why would he be selling his "mastership" for 395 bucks, ...

Peter Bain's Pivot Strategy

Jeff, you need to stop trading real money right now. Open a demo account, polish your skills off, and once you have had 6 months in row of profitable demo trading, then start trading again with a SMALL real account.

I need some serious help!!!

Does anyone agree with me that SilverTrend is nothing but a re-cooked PSAR?

'Vegas Wealth Builder Part II'

Same here.

'Vegas Wealth Builder Part II'

Candle formations and James16's bars are pretty much alike. For example, his pin bar is what caddle-users call hammers. However, always remember that it's not the candle formation what matters, but rather where in the chart and under what ...

james16 Chart Thread

Everyone wants risk-free, tight stop loss trades, and I would agree with you if market was a tamed beast, but it aint. Every day we have fundamental news coming out that might, potentially, spike the chart for over 50 pips up and down within a ...

james16 Chart Thread

I wont try to judge your trading style Teddy, but beware of the "gut feelings". I personally dont believe in them. My opinion is that one must execute the trades following his/her system with ice-cold blood. Gut feelings are potentially dangerous.

choppy choppy choppy!

You got it wrong, you dont decide your stop loss. Your stop loss is what it's meant to be, and then you adjust your lot size according to that stop loss. If the stop loss is 100 pips, simply cut in half your lot size so at the end of the day the ...

james16 Chart Thread

What do you mean it was supossed to head south? how can anyone know where it's going at all? Im sure fundamental analysts would be able to give you a complicanted explanation in hind-sight, but I consider those opinions meaningless. I very much ...

choppy choppy choppy!

From InterbankFX website: That is INSANE!

which forex dealer allows paypal/credit card deposits?

Fibs retracements are exactly that: levels of retraces according to the number PI. So, by definition, a retracement is the pull back section of a swing, and as such it must be drawed in the direction of the major trend. So, to cut it short: if the ...

question about drawing fibs

OMG LOOOOOOOOOOL!

This should be funny... "before you new the trading talk"

Vegas, one question regarding this last GBP long trade: I dont quite see any candle reversal formation on my daily chart. In a previous post, you said that reaching the 3rd fib band and fulfilling the "3 concepts" wasnt enough: you were also ...

'Vegas Wealth Builder Part II'