Yes southernmind I've noticed that. I find it much easier to treat each pair as being unique, which they are. Don't pay attention to the correlations, you will often lead yourself into traps. When you talk about USD/JPY and GBP/JPY, keep in mind you ...

Daily GBP/JPY analysis

Exactly. Now you must realise you don't need to be a bank trader in order to hold a trade with a 1000 pip SL.

Daily Cable Analysis

Who is a constantly profitable trader? If the definition of that is a trader who never has a losing trade, the answer would be no one. Who is a consistently profitable trader? One who can take anything the market throws at them, even if it's ...

Who is a "Constantly Profitable Trader"?

You dont think you can have a 1000 pip SL? It's all about position sizing. Good luck.

Daily Cable Analysis

Just the kind of thread I've been waiting for. There may be some minor resistance around the current price (237.40) but it's bullish all the way. Aren't all the pound pairs bullish?

Daily GBP/JPY analysis

The double bottom on GBP/JPY is bouncing off the 38.2% fib retrace on the daily chart (roughly 228.00 - 241.50). Then we have the 50% fib which matches up perfectly with the top that was formed around the end of last year/start of this year. Even ...

carry trade

LOL yeh Im not used to partial pips, or oanda, but they are growing on me.

Challenge - Oanda contest

Good to see someone else long. We have pins forming on the daily gbp crosses, keep in mind there's strong support underneath current price (ie: 50EMA, 61.8 fibo and major trendline, nice confluence). It will take a strong push to break the $1.94 ...

james16 Chart Thread

Yeh nice trade Artamon, would you do that with real money though?

Challenge - Oanda contest

dontjump?! No please, JUMP!

Fulltime Cable Trader

I wonder if its even possible Bemac, I thought only members would be able to see it. Lets see what dof says.

Challenge - Oanda contest

Watch out for support in the 1.9440 - 1.9550 area.

Daily Cable Analysis

Google cot data, the 1st and 4th links should have everything you need.

Daily Cable Analysis

Im thinking when we enter the contest, dof gets to see our balance. I guess Ill see what he says.

Challenge - Oanda contest

Now thats the spirit! Good on ya' guys.

Challenge - Oanda contest

An online journal won't show how his strategy compares to others. Thats one of the reasons Im joining too. I will ignore the high ROI's.

Challenge - Oanda contest

Ok I see your point, but I dont think the contest is "who makes the most money". A trader who only makes 5% with a smaller drawdown will win the comp. I could be wrong though. And I definitely won't be trying an aggressive strategy, just a normal ...

Challenge - Oanda contest

Im curious why you think real trading strategies can't be applied to demo accounts turbokaos. I trade a live account and I will trade this demo contest in the exact same way. So please, speak for yourself.

Challenge - Oanda contest

Ok dof I subscribed to the contest, will drop you a PM real quick.

Challenge - Oanda contest

Nice job there dukeofdents, and nah I've never seen the 3 stooges. The lower it goes the more juicy it looks to me for a long. A DBLHC formed on the gbp/jpy 4H, even though the lows are 3 or 4 pips apart, it could be ready to move upward. Time ...

Daily Cable Analysis