No stop Loss??? Too risky for me.

5 Candle Trading System

Noor16, You're a genius. Your system / strategy did work on the USDJPY currency pair tonight (8/23/17), on the 15 minute chart. I know you specified 60 minute chart, but I like to work off of the 15 minute chart---I'm A.D.D. and all that; I can't ...

5 Candle Trading System

Noor16, Thank you for sharing this great idea. I've been looking for some kind of FOREX 'strategy' other than double tops and head and shoulders. Thank you for sharing, I'm looking forward to trying it out.

5 Candle Trading System

What happened to all of the October and November threads?? Did you guys retire? Rich, I hope...

How to trade NFP/FOMC and make pips

You guys are excellent---thank you for all of your advice. I joined the "Motely Fool" website---relatively helpful

Let's Trade Options

I agree---good luck to us all

How to trade NFP/FOMC and make pips

I like that word, "Whiplash." Very accurate description Monk. That's exactly what happened, whiplash (up and down, up and down). Mr. Market was hunting for stop losses, hitting them, and then reversing. I think the market has figured out our Scoobi ...

How to trade NFP/FOMC and make pips

Thank you Binnie, I agree, it will be a lot of fun to watch it's progress.

How to trade NFP/FOMC and make pips

Binnie, I know even less than you do. I don't even know what 'EA' stands for, but I completely agree with you---looking forward to being part of this.

How to trade NFP/FOMC and make pips

Congrats on a successful trade---thank you for sharing your strategy.

Let's Trade Options

You guys are very knowledgeable. Thank you for sharing.

Let's Trade Options

Thank you Binnie, Very funny post. You are absolutely correct about the markets. I couldn't agree more...

How to trade NFP/FOMC and make pips

Binnie, Thank you very much---very helpful advice. Very kind of you to share this very helpful info. I clicked on the link and the article was excellent. At the end of the article was a link to chartadvisor.com, which I also clicked on. I ...

How to trade NFP/FOMC and make pips

Hey Binnie, Good question. Since I'm still new to this 'News Trading' (and still faint of heart), I was going to ask the same question, but you beat me to it. If I was a guessing man (which I am), I would think that New Home Sales on ...

How to trade NFP/FOMC and make pips

I completely agree. Good one Scoobi; the market was "hunting for stop losses." As funny as that comment is, that's exactly what was happening. The market was hunting for stop losses up and down all day to see how many trades (and traders) it could ...

How to trade NFP/FOMC and make pips

Up and down, up and down, Mr. Market cannot make up it's mind. I'm glad I sat this one out.

How to trade NFP/FOMC and make pips

Usd/chf and eur/usd -- pure chaos!

How to trade NFP/FOMC and make pips

Thank you Ferrufx. I guess we'll have to keep taking it on the chin until someone can devise a method to stop or limits the gaps. I don't mind slippage, but 150+ pips past your stop loss is not slippage, it's anarchy ( I tend to ...

How to trade NFP/FOMC and make pips

GBP coming---great fear and trepidation because I know it's going to gap and cost me $$$ How do you guys define "Hedging"? I thought offsetting the currency pairs (USDCAD, USDCHF and EURUSD, AUDUSD) was hedging, but by re-reading your blogs I can ...

How to trade NFP/FOMC and make pips