I reckon you are pretty near the truth Better to just wait and see at present until things settle a bit Happy trading

Scalpers Prepare for the Next EURUSD Breakout

What you say is so true. Also many thanks to all the people who have made kind comments happy trading

Becoming an Emotionally Intelligent Trader

The emotional game of life applies equally to trading as to anything else.Before ever going into a trade one must be in the Zone. There are many strategies for achieving this.Simply studying mindfulness has helped me a great deal. I meditate and ...

Becoming an Emotionally Intelligent Trader

yer that is awesome to do however if you can read candles you have an edge over the kamikaze guy LOL

How to Trade Short-Term (Day-Trade)

Just to clarify myself. I actually do not use indicators as they are all lagging I rely on price action reading candle patterns supply demand from the higher time frames and am happy with that. Happy trading

How to Trade Short-Term (Day-Trade)

Interesting article. Basically the suggestion is to use on the 5 min chart three moving averages as follows:- 8ema 96ema (8ema on 1 hr chart 8x12 as there are 12 5 min bars in 1 hr) 408ema(34ema on 1 hr chart 34x12 as there are 12 5 min bars in 1 hr ...

How to Trade Short-Term (Day-Trade)

I will believe it when I see it actually happening for real .Til then no comment! Happy trading

SEC nixes high-frequency trading platforms

Vantage FX is an excellent platform with very good service and any questions etc responded to very quickly indeed. I find that slippage even at news times is almost non existent and the biggest bonus for me is the Platform specifically for Mac which ...

Vantage FX Introduces SmartTrader Tools for MT4 Platform

However does one see what is going on with this pile of lines and pretty colors? I admire anyone who can gain success from this kind of chart.Seems like to much information to me to get a clear picture Everyone to their own! Happy trading

Ichimoku Shows GBPJPY Could Be Resuming the 2013 Trend

"There are as many as 10 components to a professional system and the entry signal is probably the least important"Quote Van Tharp Lets look at each of his 10 items. 1.That is common sense and presuposes a good trading plan and understanding of the ...

Ten Things More Important Than A Trade Entry

Surely it is the balance between fundamental technical psychological that produces the most high probability low risk trades. One cannot ignore magor news items some of which are not factored in as they are sudden like earthquakes etc.One cannot ...

New Paper Says That Chart-Obsessed Technical Analysis Traders Are Fantastic At Losing Money

Interesting article However is it 4pm UK time or 4 pm US time in order to understand the article more clearly? I presume he means 4pm UK time but it is not clear

The foreign exchange trader: 'the closer you get to 4pm, the less the risk'

Once again Trout many thanks for your common sense based on your vast experience.I agree with your observations completely. Many thanks Happy trading

The Holy Grail Of Trading Has Been Found: HFT Firm Reveals 1 Losing Trading Day In 1238 Days...

Hi Squeeze, Yes I have no problem drawing the supply demand .The best way is to show you with a chart example but not being very IT literate not sure how to do that. The other way is long reams of verbose description which would probably end up ...

3 Simple Ways to Identify Support and Resistance in Forex

Hi BogiFX That is trading my friend.No one knows what the market will do We as traders can onlyattempt to get an edge with a well thought out plan and the ability to carry it out correctly thereby giving us the possibility of a HPLR trade using ...

3 Simple Ways to Identify Support and Resistance in Forex

Hi Spreadbetter I am not a Pivot levels trader. The point of having the supply demand levels off the higher time frames is that they are more significant On the 15 and 5 min there are often lots of little levels which are just "noise" in my view. So ...

3 Simple Ways to Identify Support and Resistance in Forex

Simple and easy once you understand the concept which takes time and practice. However, personally I prefer a zone of supply and demand. I trade the 15 min chart mainly with tighter entry off the 5 min. However the supply/demand I take from the 1 hr ...

3 Simple Ways to Identify Support and Resistance in Forex

Thanks for this article sound common sense I am going to just do thre dips and bounces as appropriate for a week and see what happens as a day trader. Your articles are always sound common sense Many thanks Happy trading

Predict Less Make More

A useful summary of the main indicators that any new trader would find helpful.However, remember all indicators are lagging behind the price. The most important thing is to understand where the orders are for institution buyers and sellers, that is ...

Introduction to Technical Indicators

Is the price on cable really going to go down to 1.623/1.630 from its present price around 1.64500 in the next 2 or 3 hours. Anything can happen however this is not a likely scenario surely. I prefer to rely on what the market is saying from the ...

GBP/USD: Trading The BoE Inflation Report On Wed - BMO