Well said Tom, my sentiments exactly. As I said, noobs should demo trade daily for 3 months, NO other timeframe AT ALL. They should not look at any other charts until theyy can show a profit trading daily charts consistantly... don't have to be big ...

Time to call it quits

I've re-entered SHORTS on the AUD/USD and GBP/USD at the 79% fibs as shown on charts I posted a day or so back You can see my AUD chart in my Thread url Not scalping trades, expecting to have to wait to be rewarded... expecting at least 100 pips ...

AUD/USD

I've re-entered my short on the AUD/USD based on the same fibs as shown on the 4hr and daily charts a post or 2 previous to this post. I also entered a second short on the gbp/usd based on almost exactly the same chart pattern... 79% fib

$2,000 to $2,000,000... no time limit

I have some examples here of ywo of the methods I use, they are very simply and very effective, primarily in a trend. url

Time to call it quits

wrong thread again dude... you smoke too much weed

AUD/USD

10 pips is a long candle on a 1 minute chart however 50 pips is a super short candle on a weekly chart... its horses for courses.

How to confirm it is a long candle?

EXACTLY!

Time to call it quits

I'm being patient and waiting for the London open to see which way the market wants to play. Price action suggests shorting the USD pairs, based on my fibs (4 hour and dailys), but the market will do what it wants, and I'm not about to enter it a ...

AUD/USD

Come to think of it swing trading is what actually made me a profitable day trader (when I want to). I had not thought of that before. I started trading about 10 years ago, and was taught to trade off 5 minute charts... 6 months of that and I ...

Time to call it quits

I work a part time job, if I didn't I'd be stuck in front of my monitors all freakin day, and I would get suckered into day trading (a losing game for most traders). You don't need all day to trade. You do however need money... the more the better. ...

Time to call it quits

Daily also has a possible 3 Tap developing.

$2,000 to $2,000,000... no time limit

Both 4 hour and daily charts show price has tested the 78.6% fib indicating go short. I was short but closed for a small profit . I'm waiting for the London open now.

$2,000 to $2,000,000... no time limit

Greed will kill 95% of all new traders... looks like you proved it by quitting. And before you say you been trading 2 years, I say you are still a noob. I blew 4 accounts in about 5 years before I learned the "greed" lesson. Greed and trying to buck ...

Time to call it quits

The gaps in retail Forex are simply because our brokers close their price feeds off on the weekends. The banks continue buying and selling through the weekend (if not then why is price different between the start and end of the weekend?

USD/CAD

Someone else said the downtrend was broken, I said not, however "technically" you could argue that it was (2 higher highs and a higher low on the 4 hour) however I'm short, expecting another few hundred pips down While Australia is the largest or ...

AUD/USD

MAN, what a waste of whitespace, ego driven maybe

AUD/USD

I got stopped out on this one... by a couple pips

$2,000 to $2,000,000... no time limit

Work your way back up that 4hr downtrend and you'll see you coulda been asking that same question every 3 or 4 days LOL

AUD/USD