That seems reasonable. Most of my trades do seem to be an equal risk to reward most of the time so that would probably be best.

If you're an intra-day trader then you need to be careful with the spread of higher pairs. If you're a day trader you can trade most pairs on the daily chart and not be bothered about the spread.

One thing which has really helped me last week which I have only just started to incorporate into my trading (... yeh I know), is to look at the higher time frames and to make sure i'm not buying at resistance or selling at support, something which ...

One thing which will definitely help you is to be certain of what your target and your risk in a trade is, then it totally makes the psychological aspect of trading much easier. What I mean by this is, if you have a stop loss of 20 Pips and a target ...

According to your stats (4:1) odds at worst, you need to win 75% of the time with those odds, but you're winning 96% of the time which is a great edge. From what you've said it sounds viable and is obviously working for you, but not a style i'd ...

Thanks guys. I see what you all mean. I'm going to try looking at a M5, H1 and H4 template Maybe.

One thing I advise anyone reading this thread to do if you're not understanding how the market is moving or you want to understand how to use candlesticks properly, look at Steve Nisons candlestick Forex seminar he did many years back.

This is why you should always use a stoploss. Then you don't need to worry about blowing up your account.

I went away from trading for a while and recently come back into it with a fresh head. During my time away I also played poker, and one thing I learned which I have brought into the Forex world which I didn't understand before, is in Poker there is ...

Chances are, the trades were acted as random, but generally you probably got into a profitable situation without even knowing it more often than not.

Was anyone here on the right side of the CHF event and was short on USDCHF/EURCHF and made money? Seems like most people I come accross were on the wrong side.

A lot of traders with small accounts including myself would struggle with little to no leverage.

Because every pair is correlated. For instance if you buy EUR/USD you're buying the EURO but selling the Dollar, and this is represented on USD/CHF, the Euro's sister pair, and if everyone is buying EUR/USD, then people are selling the dollar hence ...

If you have a set strategy try making a trade journal on here, and set up a trade explorer as well. At one time i used to use myfxbook, but i found FF to be much more straight forward, and with me spending most of discussions on here, thought it's a ...