That is simply not true, a 5-min chart is more random than a daily, weekly or monthly chart. For instance a support level on a monthly chart is...
The moment you initiate a trade you are at risk, period. ;) As to Jesse Livermore, he died penniless because he lost his discipline and did not...
Open two different trading accounts, go short a stock, currency or commodity in account A and long in account B (risk is zero, minus commissions)...
Negative oil futures, if J.R. Ewing was still alive he would have said "This no-good Cliff Barnes has done it again!", before dropping dead on the...
Waiting for that pullback to 300 to load the boat, eh? ;)
Good man. :thumbsup:
Yep, it moved 6% just today, hope you were on the right side! :D
That means higher risk too, so you need very strict money management rules with this beast! Enjoy your DAX profits in the meantime.
For day-trading purposes, I have noticed that the Euro Stoxx "behaves" much better than the DAX. For instance the DAX can crush a support or...
Jesse Livermore made the bulk of money holding a trend, not scalping (or even day-trading) stocks.
Absolutely, at the tick level the market is virtually random, all the price action is generated by totally unpredictable buy and sell orders. I...
Don't worry about the stupid winning percentage, a trader can make a killing even if he loses 70% of the time. "It's not whether you're right or...
Thanks for your comments Volpri. We now have a possible breakout in progress. Target is the breakout linet + width of the channel. Price may or...
An indicator can tell where the price is LIKELY to go next, just like the weatherman uses indicators (temperature, wind velocity, atmospheric...
Really? Studies show that you can beat the markets with simple trend following techniques using nothing but simple indicators like moving...
The breakout is usually to the downside with this type of formation, but it can break either way. [IMG]
You are quite welcome. Like I said in a another thread, I only trade trending markets. Each day I scan 28 currency pairs and select only the ones...
Sorry, you were not even born yet.
Right, tell that to Soros who made 2 Billions dollars shorting the British pound.
It's post #49.
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