If by ´noise` we mean random movements then surely it goes both ways? If the noise stops you out on one trade then you´ll get it back again on another trade as the noise goes in your favour. Otherwise your correct/incorrect analysis will, in the ...

The general idea is to follow the trend and the trend is usually easier to see on the daily. Ask yourself what other traders are doing; if everyone is trading with the trend on their particular TF of choice then the larger TF´s are the aggregate of ...

Welcome! — I had the same discovery about a year, this big, bad, mad world of retail forex. Best of luck! You will get find plenty of advice on FF, lots of it contradictory I´m afraid. I´ll chuck my two bits in, but take all advice (maybe ...

Thanks for your link. I do in fact only risk 2% per trade already although I do often close trades earlier than that. I also move my stop loss to break even as soon as possible BTW and let trades run when they do go my way. My point was that my way ...

Thanks Drama! — All much appreciated esp posting the chart. I´ll check those links. Thanks again

Interested in NOK — Hi all I´m a Forex Newbie but I´m interested in possibilities of going short USDNOK, especially on hearing a recommendation on Bloomberg The roll over rate looks good (or 'interest' as I use Oanda) and appears to ...

My problem would be the heightened chance of 00000 oh borrocks there goes half the account straight away

Thanks for making me think about risk a bit more, I´d never explored the consecutive losses odds before although I had an inkling of it. It sounds like with your "reserve" your not actually taking huge risks anyway. The difference between 7 ...

I presume you mean control of the trade? The smartass answer is that I want my trading career to last longer than 18 hrs. OK, this is just me after Googling a few pages on probability and with no formal training in statistics or maths, so ...

Hi all Reckon the Londoners are gunning for stops b4 going down the pub?

My concern with taking large risks has been put much better here mathematically but it´s this; even with a high win/lose ratio eventually some of those losses will happen back to back (the same way tossing a coin over a long period will produce ten ...

Honest answer? Probably not. I´ve got to go with all those that say a losing streak is eventually inevitable no matter how good the edge. And I´m too inexperienced to even know I have an edge yet.

This is a great thread. I´ve just discovered it and found this on the first page; I´ve done something similar. I lost my job in the UK so moved to Brazil (the wife is Brazilian) for 6-12 months. This should help get around the aspiring professional ...

This post is part of my process of sifting through the forum info, so thanks all for indulging me. I'm definately getting that chart time is a big part of the way forward. Thanks for the encouragement And thanks to all who have ...

Loving this I believe you both have strategies that work for you. The big question is whether you can make another strategy work for you. And if you can't, why not? That's part of my question.

A point here; wouldn't that be true of any strategy?

This makes perfect sense. I'm not knock you or anyone else BTW just trying to make sense of things.

So you think JR97 doesn't earn any money from Forex?