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Search results

  1. W

    The Active Forex Traders Discussion

    INVESTING HOT! 
    4 trades this week: 2 losses, 1 small 25 pip win, and this one that I still have open.
  2. W

    I've Read The Millionaire Fastlane!

    GOLD! HOT! 
    Great read.
  3. W

    The Active Forex Traders Discussion

    INVESTING HOT! 
    Babypips school of pipsology is a great start. Learn Money Management (% of risk per trade) Open Demo Account and focus on 1 or 2 pairs Find your directional bias on your higher timeframe charts (4hr thru Monthly) Find a system which fits the type of trader you choose to become (position, swing...
  4. W

    The Active Forex Traders Discussion

    INVESTING HOT! 
    This week has been crazy. The markets seem out of whack. I usually time my entries with the usdx, but this week it has been in a tight range. The cable has made lower lows and the fiber has failed to match which usually corresponds to higher prices. I will be remaining flat until price tells...
  5. W

    The Active Forex Traders Discussion

    INVESTING HOT! 
    My trading has been moving along pretty well. Need to work on letting profits run because I tend to have a quick trigger when it comes to locking in profits. Numerous times I have closed positions early only to see them continue to my original profit taking level. So now after I take 1st...
  6. W

    The Active Forex Traders Discussion

    INVESTING HOT! 
    Thanks for the info. I wil take a look at FinFx
  7. W

    The Active Forex Traders Discussion

    INVESTING HOT! 
    Which overseas broker are you using? I know alot of them are not taking US clients anymore, but I am looking to switch from my US broker if I find one I like.
  8. W

    The Undisputed LAWS of the Financial Markets?

    INVESTING HOT! 
    Charts and indicators don't move price. Price moves the charts and indicators.
  9. W

    The Active Forex Traders Discussion

    INVESTING HOT! 
    Try this out on demo (It's called the ICT ATM Method). Just some of the things I learned from the Inner Circle Trader. SUPPORT & RESISTANCE On the long side, when a market falls down to a prior low it is more significant than when a market falls down to a prior high. On the short side, when...
  10. W

    The Active Forex Traders Discussion

    INVESTING HOT! 
    How has your trading been going?
  11. W

    The Active Forex Traders Discussion

    INVESTING HOT! 
    Stochastic divergence on the weekly GBPUSD chart. Smart money may try to raid stops above 5926 then slam it down locking in all break out traders. This is just my humble opinion, please take with a grain of salt.
  12. W

    The Active Forex Traders Discussion

    INVESTING HOT! 
    Closed my short for a break even. Done for the week!!!
  13. W

    The Active Forex Traders Discussion

    INVESTING HOT! 
    shorted at retest of 5700. 30 pip stop; lets see what happens
  14. W

    The Active Forex Traders Discussion

    INVESTING HOT! 
    Nothing wrong with that. Good money management is what keeps you in this game.
  15. W

    The Active Forex Traders Discussion

    INVESTING HOT! 
    Looks like it reversed at the 50 fib level now looking for a 61.8 fib retracement on a lower time frame to get in if it gets below 5680 level
  16. W

    The Active Forex Traders Discussion

    INVESTING HOT! 
    I am looking at a 61.8 fib retracement on the 1hr chart and a ton of stops are sitting at the previous weeks low that I think they are going to try and take out.
  17. W

    The Active Forex Traders Discussion

    INVESTING HOT! 
    Thanks I am probably going to need it because I am the only one looking to short. Maybe I am missing something.
  18. W

    The Active Forex Traders Discussion

    INVESTING HOT! 
    waiting to short pound at 5750
  19. W

    The Active Forex Traders Discussion

    INVESTING HOT! 
    Had a pretty good trading day today. Shorted pound at 1.5788 and took first profit at +30 pips, second profit at +60 and closed the remainder at +82. Then took a small counter trend trade (buying the pound) at 1.5659 and closed it for +11.
  20. W

    Hi I am new and looking to get out of the rat race

    Welcome
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