On G/U today 4/6/17 there was a near perfect bounce off of the daily high of March 22, 2017. Unfortunately I didn't catch this one. I did also have the daily high from April 4th plotted on the chart and here's what I saw. Here's the reaction so far: ...

First of all, I believe we are looking at the past OHLC on Monthly, Weekly, and Daily time frames, not the current month, week, or daily bars. I think Stu mentioned finding past OHLC levels around 50 pips from current price and watching price ...

Hi inuit, It's kind of hard to tell what you're looking at without the level labelled or any sort of chart info. What platform are you using?

For those considering this method, here's some homework to open up your eyes: Open up a EURJPY Monthly chart. Mark a horizontal line at the close of last months bar. Now go to the 1M time frame and look at how price approached that level today, ...

I'll chime in so we can keep the discussion going.. Stu, please don't shut down the thread just yet. This really should be one of the top few threads on FF. Obviously the majority of new traders want to get rich quick and get rich easy. They don't ...

Unfortunately I don't use them for my main account, but keep a smaller account with them for some higher risk trading. I haven't really had much problems withdrawing from them and a few of the other people I know using them haven't either. There is ...

I would suggest Trader's Way. They've been around for many years and seem to always respond to issues traders have on reviews sites. Hedging is allowed. No FIFO. Scalping and EA's allowed. Large leverage so margin shouldn't be a problem on as long ...

Forgive me for I have not read through this thread, but from the last little bit I've glanced over I see people calling out JayRai saying he is secretly promoting a certain service that claims to offer bank positions while people are defending him ...

Hey Crackpot, I feel your frustration. I know you're just venting, but I'm sure there are traders out there wondering what happened to those nice moves with follow through we used to have so I'll give a couple of reasons why things have become the ...

Hey AdamSydneyAu, This is a nice little discussion you brought up and I'll chime in on some candlestick tips to get some of the newer traders to begin thinking outside of the box.. Candlestick Theories and Tips I take note of candlesticks on almost ...

Congrats, but you're not strictly trading support/resistance as the question was asking. There seems to be price action and money management/probability techniques thrown in there. So my opinion remains unaltered that strictly trading ...

Neither approach to trading is proven to be more profitable than the other. If you are a fundamental trader who knows what you are doing, you can make money. If you are a technical trader who knows what you are doing, you can also make money. ...

I know it sounds like a critical reply, but I was trying to get you to see things from different perspectives, something you need to be able to do in trading and especially trading around news. Oh and while I'm being honest, you need to be both ...

I know you're venting and this may not be the reply you want to read, but I'm a good honest guy so I will give you the best and most honest reply, and you can do what you want with it. Starting with this question, two reason why most systems here ...

With Draghi speaking, ADP, and Yellen testifying coming up followed by the major NFP event Friday, this week will be a volatile one. Be careful! Any thoughts or comments are appreciated! Good luck! -FXMasterSK

Why? Why should we see the pair around 1.1150? What is causing it to look bearish for the week? Not that I disagree with you or am saying you are wrong. I'm glad you are thinking for your self like any good trader should, but what gives you your ...

Thanks buddy. I started assuming not many were reading, but I guess a few are out there. I'll try to continue posting later this week as events unfold and important concepts arise.

Not sure why such an old thread was dug up with no one needing answers to questions, but I do believe this topic is relevant to many traders today. Programming is a highly useful skill in trading and general use in today's high tech world. 7bit has ...

Week of 9/6/15 Key Market Themes and Trade Analysis The previous week's NFP report and other data prints led to more uncertainty and further doubts about rate liftoff starting in September. Although the NFP number was lower than expected, a lower ...

To add on to the great response stt gave, the reason why retail traders bash on bank reports so much is because bank reports don't always turn out to be true and since banks take the other side of our positions they automatically assume banks ...