Hey, thanks for all the useful info here. At the end of this post you say there are many commercial tools available more advanced than this.. can you point me to any? I can only find one called the forex heat map. But its $20 month subscription. ...

Something Interesting You Can Post Here

OP said: you set a stop loss and if the price gets close to it you move it above/below the next support/resistance/trendline hoping the trade will work out. ---- Assuming your trading intraday, IMO, You gotta train yourself to take profit early at ...

How can I stop myself from closing trades early?

why closing a position in loss is the best way to make money ? ----- Because of risk management. You need to be consistent. If you're randomly cutting trades - this one lost $200, that one lost $350.. that one lost $1k. After a month of random ups ...

why do you think using stop losses is a must ? (explain)

I thought I knew what I was doing.. just getting to grips with Forex and was starting to see some profit on my demo account. Now - for the past 2 weeks in fact.. I don't have F*in clue how to read these charts!! Can anyone offer any tips for what we ...

To be successful... cut out the noise