I was lucky as a friend of mine warned of the update and the MQ4 files would not work and screw all the EX4 files. So I removed all the MQ4 files and when the update appeared all my custom indicators (only about half a dozen as I do not use much ...

MetaQuotes Releases Build 600: Marketplaces, MT5 and Regulation in the Balance

Hi Trout, Totally with you on your first paragraph, and in the second paragraph when you comment about the upside chase exausting itself and so takes much less money energy to reverse the market classical supply level ready to go for sellers. And ...

The Science Behind The Signal: Markets & The 2nd Law Of Thermodynamics

Why is cable dropping today? Maybe it is just simply that it has not been that high in sometime so supply and demand is out of balance so people will sell for a while then when it returns to a good level of demand they will buy it back up again. ...

BOE Carney says stimulus will remain exceptional for some time

I agree with the short term patterns Trout. I also am a trend trader and I am finding moves in the five min TF are quite effective for me at present though I always start with the 4Hr/1Hr for my overall analysis.Then seek the pattern within the ...

The Science Behind The Signal: Markets & The 2nd Law Of Thermodynamics

Thank you for this little article. Now we have someone giving a simple common sense article which has a high degree of success couple supply/demand on the higher time frame say 4hr or 1hr with the support resistance and the point of control within ...

The Three Tenets of Price Action

surprise surprise this article seems to suggest what many have felt for a long time. Just read the charts have a plan and trade the plan

Bank of England held FX talks with traders

Nice and just love the quality of the screenshot must get Jing which I presume this example is from Thank you Happy trading

80% Of Trading Is ……

One needs 1. a good platform 2. a good methodology, price, supply/demand, support resistance. No squiggly lines! 3. The principles of mindfulness,a sound grasp of what your mind is doing to your trading.Discipline patrience etc. To just trade 1 and ...

80% Of Trading Is ……

Basically very obvious and good yardstick for those who are struggling to get more sense.I would add solid understanding of and ability to read candlestick patterns, supply demand, support resistance (there is a subtle difference) Belief, ...

The Top Ten Skills of Profitable Traders

Does chart analysis really work I think that was the start of this thread.Can we return to the subject now? thank you Personally I find that supply and demand coupled with good understanding of how to read candlestick charts and the use of a slow ...

Does Chart Analysis Really Work?

It might be very interesting to see a similar article about the British Pound. Where might one find such an article. I found this quite interesting Happy trading

Citi Warns "Fed Is Kicking The Can Over The Edge Of A Cliff"

Spreadbetter I feel with respect you are missing the whole point here. I have very little trading capital ,however I do have good money management and accept that over time with focus, positive mental attitude, belief and the will and desire to ...

How to Adopt a Positive Trading Mentality

good article and just reminds one of how important planning really is and the right mental attitude also. Like the analogy of the shopkeeper. So true many thanks Happy trading

How to Adopt a Positive Trading Mentality

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Jesse Livermore: The Greatest Trader Who Ever Lived

Using any indicator or fancy bricks is all well and good. However, as I see it, the candlestick chart tells me the mood of the market, what institutions and novices are doing. Where are the sellers where are the buyers? Renko is just not going to ...

Renko and Stochastics Team up for Winning Forex Trades

Have a simple procedure with simple no BS rules and a very strict risk reward money management. Do not, often out of boredom, go chasing ideas that this that and the other guy offers to you. I have wasted a lot of time in the past chasing what look ...

Trading Rules That Have Stood the Test of Time

I found this article very comprehensive however I felt there were a couple of things that were missing. Plenty of sleep regular exercise and a healthy diet including plenty of filtered water all make the body mind work better. Secondly it is vital ...

21 Signs You Have What It Takes To Be A Forex Trader

Yes well what is there to say! I am sure that there is a lot of room for improvement here However it is an attempt to help I suppose Happy trading

Good Ways To Exit a Trade

Just trust the charts and supply/demand Never mind all the rumours happy trading

Syria, emerging-market crisis will stop the Fed taper

Whilst this idea is fine one significant piece of information is not mentioned. When was price last at this level. Look back to around 19 june and price reversed around that level now it has returned there and is showing resistance to future up ...

Forex Breakout Basics