It makes much sense, Yaniv. I will think about this very often from now on whenever I trade. (spotting an exit on a higher time frame). You are so right about tiny time frames that tell you too little about the market bias. I have made a decision ...

It is hard to relate because the entry and exit were on two different time frames. However, I believe the reason was the previous price action, the purple line that served as a resistance line will probably change into a support line. Thank you for ...

Hey, the thing about the channel and the fib retracement level was just on my mind, thank you for confirming that. I am a beginner and tend not to trust my hunch that much. But could you please explain the relation between the rectangles and the ...

Thank you, now we know.

Hey Mainline I am a newbie like you, but let me welcome you to Forex world anyway. I do not understand your first question, so let me jump to the second one. 2) Regarding technical indicators, what should I be looking for? I believe first thing you ...

@the redlion Yes, seems like it is flat because there is no momentum and also no big activities, but I was wondering why it happened so dramatically. @tinny79 Thank you for the insight @Slim Buffett You are right. It is very clear now that it was ...

It went down for over 800 pips! You are a prophet! It looked like a "free fall" on my 4 hour-chart (I don't have 8 hours) Great job, hopefully someday I will get half as good as you are. Peace and love to you my friend.

Did you go short, Yaniv? Where were your entry, exit, SL and TP? I am just trying to get the hang of it. This (picture) is how I would have traded this (excuse me if it is naive or stupid, I am a beginner as you know) But one thing I do not ...

Thank you very much for the advice, I will surely follow it, you don't have to beg me. It's very nice to see people that concerned about others I simply thought the rest of the pages were about people bragging about their earnings. I will ...

Thank you for the detailed reply. I have spent the past year learning only the things you mentioned, candlestick and chart patterns, Fibonacci, trends etc. A good guy like you gave me that advice when I started out in late 2011, and I followed that ...

Looks good! — Hello there, Thank you for the time and effort, this seems like a very good system. I have read the first 4 or 5 pages of the thread very carefully last night and I am wondering what these indicators are here for: Heikin Ashi ...

usmanp and Forexnuts. Thank you guys for helping. Thank you, fxcatty. I have never tried any of those systems. Do you have a simple one to recommend for beginners like myself? One that doesn't have too many indicators and distractions? Thank you.

Oh, if I could only be sure about this fact, I would stick to it for a few months as my main practicing pair. I will check older charts and check that out. Thank you very much for your recommendation and your time.

Good point. Thank you very much. Lehitraot my dear friend.

Oh, can a president fire Bernanke? I thought they can't. But I heard that Bernanke might leave the fed next year in all case. It was on Bloomberg channel.

PLEASE RUN EGYPT!!! I would gladly spend the rest of my life finishing one university degree after another. (no sarcasm here)

Hi, I didn't know that all candidates always said they are going to get North America energy-independent in four years. Even Obama said it? I don't want to get you guys off topic, but to be honest, I do not see how you think Obama is "strong" on ...

I actually didn't mean it that deep. I just had the weekly unemployment numbers in mind, I thought that if Obama wins, many of my American unemployed friends would feel safe that the benefits from the government is not going to stop, thus they will ...