Your trend trading is system is cute, as are all trend trading systems when the market trends. Your thoroughly-researched system doesn't seem to consider what will happen once consolidation comes. Here's a hint: you'll blow your account. You are not ...

That's great after the fact analysis, but that will never help in the moment of trading. The Euro went down for 1,000s of reasons. That's just "the" reason for why it went down today. If price goes up tomorrow, you'll hear a possible reason for what ...

This will be my last post for a while (stepping away from the comp), but let's establish a few things: Trend followers assume forecasting is inherently unreliable and unachievable. If you don't understand why this is true, look into the writings of ...

It took me years to accept the implications of this quote, yet it is the pinnacle of successful trading. Thank you for posting it. Searching for the "why?" and "how?" questions takes the fear out of trading. If we know why something works, we no ...

Some of the best traders of our time simply use moving averages to define a trend. See Ed Seykota, Marty Schartz, and some of Richard Dennis' work. What you're attempting to find is something that cannot exist. Trends can't be measured, since they ...

I second what's been recommended so far. Here's a bit about the platforms, since they are important considerations when selecting a broker: After using IB, TS, and NT, all are great. If you need access to "easy" coding or more complex market tools, ...

If only forex trends were as easy to identify as system thread trends... All systems with merit eventually get so muddled by others that they no longer bear semblance to the original. Udine likes to compare trading to business. Here's some food for ...

Not trying to pick a fight here, just raising a couple points. Can any modern state-of-the-art tool use the past to predict the future? No? Then the tools we have aren't any better than the tools used in the 40s. The only difference is we have more ...

Re-quoting this as an attempt to highlight the importance of what has been said (however, all of what Price is said is priceless). Some friendly advice to PJ and other traders who are humble enough to call themselves novices: the internet is not the ...

My apologies. The way I had constructed that post made it sound like I was challenging your abilities as a trader. I was just pointing out that what you said is key for jmn and those curious to understand. Best, SFX

This is the kicker. You will be amazed how much better you can get once you stop coming to FF on a regular basis or at least take some time off of here.

Pay, I miss all the food and drink porn you used to post along with your trades. Please bring it back

I've never thought of nor heard it put this way, but wow that's very true. A lot of people who really make it in this business are wrong most of the time, too. Sshhhh...they are on to something. Sonicers finally realized blindly trading counter ...

As giveachance says, it's monthly OF. The last day of the trading month causes these kinds of erratic movements as the big boys gun for targets/stops to meet profit targets and close up positions. These days are usually volatile. The net movement of ...

Hello Mt4xtrader, You're one of the few who does his homework, congrats! Just a piece of advice (you don't have to listen to me, but I say this sincerely): you will get more out of backtesting if you focus on testing time rather than testing ...

This is utter nonsense. There is no way anyone but a con-artist told you this. I highly doubt even you found one that stupid. You do have to explain the "logic" behind it. Retail traders make up an extremely small fraction of what gets traded on the ...

PJ, I talked to Udine. He allowed me to show you his account statement. In all seriousness though, why not just backtest his method? In the process of getting the answer you so desperately want, you'll better learn how to trade his system too. If ...

A quote I leave you for self-reflection. Judging by your big boy red flag, I would assume at one point you somehow provided some sort of constructive thought for people on FF. That is obviously no longer the case. All you post is garbage now. You're ...