uk latest idea govnt helping with deposit and off we go bail outs dont work live within income and avoid borrowing. if you cannot afford it you cannot have it when will people learn basic common sense. Uk housing will be in trouble again. Until Uk ...

Report raises concerns about U.S. housing aid program

That is because there is nothing new. What comes around comes around. Since time began buying and selling anything revolves around the simple principle of buying cheap and selling dear coupled with a deep understanding of the product who wants it ...

10 Ways to Increase A New Traders Survival Rate

Indicators! keep it simple, 8ema + 20 ema + RSI set at 20 with levels of 40 50 60.Thats almost it! Have a play let me know what you think, constructively please! Happy trading

Thoughts on FX Price Action

Always something new or shall we say what goes around comes around. What is constant is the principle of buy cheap and sell dear surely. Therefor just keep doing what the institutions keep doing. Buy cheap sell dear,end of story! Understand the ...

Why You Should Become Familiar with “Risk-Off” Again

I tend to look at a chart in terms of supply/demand also as I trade off the 5 min chart I seldom look beyond the 1 hr chart as that is 12 times the 5 min chart. Rule of thumb, look at 30 min for trend, drop to 15 to confirm, drop to 5.Trade trend of ...

EUR/USD Technicals – Bullish Breakout or Fakeout?

Scalpers playing with blocks on 4 hr ? What about all the trades inside the blocks for starters! That seems to me a very complicated solution to a trend change. Learn about candle patterns, supply demand, a moving average crossover etc. Just go on a ...

Pinpointing the Turn in the EURUSD

I have a clear simple system based on the core strategy of OTA. It is written in my clear handwriting on a 4x3 card and sits at the top of my screen. I have it imprinted in my brain very clearly If the setup is not there then I wait until it is. My ...

Trading Is A Journey in Self-Discovery

Hi Sreadbetter Sure I will keep you posted and have quiet confidence that a substantial income can be made. I justed missed almost 70 pips between E/Y and E/$ at 1340 hrs Uk time I was not present as had another appointment That is my frustration ...

The Futures Trader Turned Airline Baggage Handler

Try compounding from £500 After say 12 months of regular trading averaging say 70 pips net profit per week at £1 a pip see what you get. To do 70 pips average net should be perfectly reasonable on the right pairs per week.

The Futures Trader Turned Airline Baggage Handler

Interesting and overall I would agree with you personally I trade short timeframes and see moves of around 30+pips two three times a day. I spend around four hours a day trading mostly around Euro/London/New York opening times. If one is ...

The Futures Trader Turned Airline Baggage Handler

maybe he is still trading off a laptop in a coffee bar and boosting his $10 an hour.Apparently people do trade this way Known as "coffeeshop traders" Happy trading and happy life!

The Futures Trader Turned Airline Baggage Handler

Mingary good morning, I am sorry you had an unfortunate experience with the teachings of Sam Seiden.I am also surprised that you found it a financial rip of. I did the basic forex course 4 yrs ago and found it hard to master however I was also doing ...

Breakouts: Are They Working For You?

I used to take notice of brokers suggestions however now I just observe what is and like TwOeleven I work off supply/demand (resistance/support) to work out what market is doing. I use multiple chart analysis using this principle and am finding that ...

EUR/USD – Struggling to hold on to 1.30

Hi Timetraveler many thanks for your kind words I am but a humble trader developing discipline patience focus and Zen approach. It appears to me that the market is actually very precise within its randomness and, having a brutally obedient mind for ...

7 Things You Must Do to Win at Trading

Hi FX Highflyer One little thing you might consider is looking at how supply and demand work this will show you how price moves once you understand where the buyers and sellers are waiting. Secondly use the minimum of indicators like one max two on ...

7 Things You Must Do to Win at Trading

I doubt anyone can say that a pair is more or less predictable than the next one.It is always best particularly for newbies to concentrate on one pair and study that pair get to understand the character and the other factors that influence that ...

5 Most Predictable Currency Pairs – Q4 2012

It seems to me that the example given in the chart was not a good example of how to trade.Firstly why enter the first time so far away from the demand level and as to number 3 well who would enter there when the price has left supply. Maybe I am ...

The Professional vs. Amateur’s Reaction to a Losing Trade

Look left seek out previous supply levels wait for first return to level now go short or long depending where price goes It aint easy but it works. At demand level pre euro open this morning went up came back at 0810 then took off stop below demand ...

ACB sells EUR/USD

just look at supply demand at this level previously sel dear buy cheap works for the supermarkets why not the rest of us? All indicators are historical price is king from which everything else is created. happy trading

How to Trade the Bearish Engulfing Pattern

Why not just combine RSI with supply demand levels then one can safely ignore most of the false o/b o/s levels as they would not correlate with a supply demand level. Just a thought. Happy trading!

How to Trade with RSI in the FX Market