Recent content by datamonkey

A good example of why you shouldn't cherry-pick a systems trades, because sods law will dictate you take the losers, not the winners. Funny how that happens!

For some reason it won't let me upload the 2nd pdf but it can also be downloaded from here...

Hi peeps, For those who are new to trading or want to learn about how markets actually tick, you might want to check out the shared pdf's below... The first is a Forex starter guide outlining an overview of how to trade currencies. The second pdf is a Futures trading pdf ideal if you...

Sure, though it is on a competing forum so don't tell anyone! Position Size Calculator, Forex Position Size Calculator

No problem. I hope you find them useful!

Hi Rip32, I live in the UK and trade the pipdaq setups successfully on S&P and Nasdaq indices from here. I'd recommend using Optimus Futures who are US based but have been very good to me. The round turn commission is competitive and they include free Rithmic data feed also (they do with...

For any of you guys brand new to trading, you might want to check out the attached pdf's. One is a Forex starter guide and the other is an introduction to Futures trading from CME. They give a good foundation for trading both markets... Enjoy ;)

Yeah I am not a fan of these low volume summer months but September is now only a month away! Luckily trading the pipdaq setups I have still had solid entries and more importantly exits!

As someone said above the results could be skewed somewhat as the ES has been very bullish for most of this year. It could be that your strategy is good for trend continuation trades but not for reversals or ranging markets for example? I would keep trading low contracts until you have more...

Nice to meet you also! To the newb's you could always download the free pipdaq setup which is a good place to start for price action entries. If you have zero experience definitely put yourself though the babypips technical analysis school first (which is also free!). Above all keep smiling :D

My friend you certainly don't need a degree to become a trader. In fact many successful traders of times gone past have come from all walks of life at varying levels of education. To be successful getting the correct mindset is the most important asset. No degree will help you in the markets as...

I must say I use Bollingers with the pipdaq setups and they work a treat so while I don't know this lady I wouldn't be surprised if she was legit...

I trade the pipdaq setups using Alpari in the Forex spot market and have done for over 5 years now. They are reliable and mostly professional! Recommended...

Re: Technical Outlook, Strategies & Commentaries On The Major Currencies Yeah and I am looking for a continued decline of AUD from it's drop beginning April. Trading Aussie with USD and JPY and have already had a few long term entries from the pipdaq setups which I'm holding. Strong yen in...

I agree and they are usually less subjective so you don't get so many, "should I, shouldn't I?" moments of indecision... I like keeping it simple with price action, especially for long term positions but when scalping I use a bit more complication with a few indi's with bullpips. Suppose it's...