I trade off any time frame from the 30m to the Daily that's showing a trendy behaviour. I trade off technicals and I try to avoid being positioned in the market when news important news announcements hit the wires.

what kind of trader R U ?

The sub-signals concept Yoda_Glenn mentioned above is a great idea. I use this approach myself on my own trading too, but I call them pre-entry conditions. They all must be met before the green lights flash.

Maybe it won't happen to me ?

As many have pointed out, there is no "clear" path when it comes to trading. HOWEVER, there is indeed a turning-point (or there was at least for me) in a trader's career in which things do begin to make some sense. You still score losing trades here ...

Maybe it won't happen to me ?

That's why I try to not get too much involved with the analysis of this or that news announcement: there's plenty of room for loose interpretation so it's everyone's guess at best.

This makes no sense whatsoever?

Iron Balls they call him!

Trading Sep, 18th Fed's rate statement

I am so staying out of the market today. Is anyone up for a beer?

Trading Sep, 18th Fed's rate statement

I sniff through 20-something crosses every day searching for trending pairs. GBPCAD, GBPAUD, GBPNZD, EURAUD, etc they all have a 200+ pip range so paying 5 extra pips to get into the trade is no big deal. I recommend you to search for setups on ...

Crosses and exotics (gbp/aud...)

Regardless of the correlation issue, if you are looking to exclusively intraday the London session, GBP-crosses (not only GBPUSD, but all the GBP-pairs) are a must have on your list. They are the best movers across the board during London session by ...

day trading during London session

EXACTLY! Which is why proper in-trade management is crucial in order to realize when you're positioned in the wrong side of the market and thus you gotta exit ASAP. In-trade management is basically "cut your losers quickly, let your winners run". ...

Good Money Management techniques revealed.

A 18 pip stoploss for a 400 pip target? Now THAT is some serious top/bottom picking

Cable Update (GBPUSD)

I dont know guys, I continue seeing GBP-weakness in all crosses, at least from a short term point of view.

Naked Cable

Seems like we've kicked the week off as we left it last Friday: with GBP-weakness across the board. I will be searching for shorts on the different GBP-crosses.

Cable Update (GBPUSD)

I have always believed that Money Management (leverage, max drawdown, risk-per-trade, martingales, etc) is not nearly as important as In-Trade Management (cut lossers short, let winners run, partial exits, trail stops, adding up to a position, etc). ...

Good Money Management techniques revealed.

Chart below: this is why I was searching today for Sterling Pound weakness across the board against other GBP crosses.

GBP/USD Trade Room

I used FT a while back and, while it's good, I think MT4 is superior. Plus it's free.

Fibonacci Trader

The Sterling Pound is showing weakness across the board, at least from a shorter point of view: GBPUSD broke the uptrend on the 4H chart GBPAUD broke the 2.4000 GBPNZD broke 2.8250 GBPCAD breaking long tern support 2.0840However, today is friday and ...

Cable Update (GBPUSD)

Despite having broken the outer downtrend broken on the Daily chart, on a zoned out 4H chart we can see a tripple top between 159.50 and 160.00. I'll wait until taking out 160.00 before searching for more longs.

EUR/JPY Trading Room

Pretty undecided bias throughout the week in my opinion on GBPJPY 4H. Impossible for me to say either long or short.

Auslanco - GBP/JPY and GBP/USD (newstrade)

I took a London Open Breakout type of trade this morning for 32 pips.

EUR/JPY Trading Room