Most methods show the thread starter winning but he miraculously avoids all the losing siganls. Realistically they aren't as good as claimed. All you actually need is something to get you in when the move is starting ie inside bar, price action, ma ...

How difficult is it to find an effective daytrading method?

Actually I meant the trades with the 200. See below where the buy signal comes in but the price wants to come back to the 200. I'm watching the AU right now.

Accurate Trading Strategy

Hi Ochuko, Great strategy. I just found it last Friday and have been back testing it. It seems best to avoid signals when the price is retracing back to the 200 the first time (as the EJ seems to be doing now). Bit of a learning curve too on when ...

Accurate Trading Strategy

Well if you're talking about charts it sounds like a reversal coming. On the other hand you could be talking about my Ex wife too! (ie PinHead)

Pound Trader Weekly Message

No two trades are the same. Um, with the exception of my last two losers. Ouch.

Pound Trader Weekly Message

Hey, I only read the first 4 pages but i like this!! Took 15 pips in 10 minutes. Thanks.

The 5 minute TF S&R trading system

I know that Karl Dittman (not his real name) sells about a thousand copies of his lame trading strategies a month which is about $ million a year supposedly teaching people to trade. You don't have to be a successful trader to do this just be a ...

Why are most Forex Authors not active Traders?

Man who ride bike up hill go slower than man who ride bike downhill. I'm no PT but that wasn't bad.

Pound Trader Weekly Message

Yesterday's London open bar - see above - was 107 pips in one hour yet the volume was less than a quarter of the high volume bar today. It seems the big boys were in agreement yeaterday but on opposite sides today. I guess tomorrow will shed some ...

Massive Volume today! What happened?

I'm with you bro. Part of the problem I face is that when you load up and win you forget the risk you took because you raked it in and it goes right to your head. When you load up and lose you're getting back to reality. A little self-control as in ...

Crazy day and lost it all

Give a successful trader $200 account and he can make money. Give an unsuccessful trader $100,000 account and he'll blow it. Obvoiously then it's not the size of the account but the skillset.

Does having adequate account size help make a success?

I haven't looked at gold but try back testing it. You might have to change the Lag setting "Max Bars" to 10000 or more if the indicator is blank. Let us know how it works out.

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

This is a great system for anyone to trade. Get a stochastic with an alert on it and wait for it to cross the 0 line to enter. He trades the GBP/JPY but I find the EUR/JPY is equally good for volatility but the spread is only 3 vs 6 on my broker.

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

Might be a little late but you shouldn't be shorting a strong uptrend unless something big happens like a bearish engulfing bar. I've just started trading the 15 min and with this uptrend you just want to buy the dips ie wait for a long signal. When ...

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

I meant the 15 minute bullish bat vs the hourly bearish butterfly. Also on the 5min we hit the 200 ema amd bounced pretty good. You're probably right about moving my stop down but I got too nervous.

The Student Handbook

Market order. I wanted to see it break the R3 level which I find is often the limit for a run. 9er how do you weigh the 15 bullish signal against the hourly bearish? I took profit just above R2 by the way.

The Student Handbook

I'm just scratching the surface here but is the ZUP indicator telling us the bulls are near exhaustion and we should look to short? The RSI is breaking down thru 70 and AO has turned. I shorted on the momentum just below R3 and wait paitiently for ...

The Student Handbook

I've ordered the book and will devour it shortly but I'm interested to know your thinking on trend vs countertrend trades. You're able to stay in trends like last week but also ready to stop and reverse also. Can you elaborate?

The Student Handbook

Sure we good. Just a shot in the dark. You sail too?

The Student Handbook