No. 5% is very high. 2% is enough for stoploss. The better is making it 1% only.

I remember a qoute said by Robert Prechter put it: "most traders take a good system and destroy it by tring to make it into a perfect system"

I remember a qoute said by Robert Prechter put it: "most traders take a good system and destroy it by tring to make it into a perfect system"

There are huge number of trading strategies. Some depends on supply and demand, others are based on oscillators, trend following indicators, wave counting. But the most important is the money management. It will help you stay in the market. If you ...

I think because today is Friday, we will still be in the retracement for wave 2. Maybe next week we can go short with the down trend.

I can say that EW analysis is not that easy. After studying the basic rules you may think that it is easy and anyone can analysis with EW. But really it takes a long time. A lot of probabilities you will find and a confusion is there everywhere. To ...

I still believe that AUD is in the downtrend. But we are in a correction. So, we have to wait a little bit until the main trend move appeared and join the trend by selling. Good luck to all of you guys.

There is no more possibilities. You are expecting that pair may rise or fall!!!

i think RSI of 8 period is very fast. don't you agree with me?

I am started shorting EURUSD with a target 1.1129 , stop loss 1.1204. I am using the 3 simple moving average technique that i heared from Hector with you all a good luck