Recent content by fseitun

Backtesting always produces more pips than live trading. It's a classic. I am not doubting there are some awesome traders out there, yet I highly doubt it there are many who can produce so many pips in one single year.

Kafee are those pips for real? If YES, whoever uses that method should be filthy rich by now, granted that a proper money management is adopted. I'd be happy with 2-3 of those months for the whole year!

would you mind explaining the relationship between gold and USD? I am sure there are a lot of people in here who would love to learn more about it. Thanks.

I use daily charts to get my signals and 8 hour charts to get my entries. The big difference between above-1-hour timeframes and under-1-hour timeframes is that longer timeframes allow you to stay in a trade much longer and ride it almost all the way until it dies out. Of course you need to...

The problem I have been having is related to my indicator being out of synch with the market. Before the big dollar move last Friday markets had been going sideways. The dollar upside move was so strong that it basically didnt give my indicator time to react and catch up with it. Today the...

Yeah, i am expecting some choppy market as well before a big move is made either up or down. I wouldnt be surprised to see the dollar getting stronger though. These markets are unpredictable. We are all playing a game of probabilities but we traders are ALL LOSERS UNTIL THE MARKET PROVES US...

I agree with you, you definetely make a good point. At this very moment I am out of the market on every currency pair I trade. God bless! It's been a really rough week for me as my indicator was utterly UNSYNCHRONIZED with the market. Yesterday I was long on the cable and got really...

who gives a damn about the stars fellas??? if you are a successful trader that should be more than enough for you to be happy. i personally couldnt care less about the trade2win rating stars. lets talk trading now. WHERE DO YOU GUYS SEE THE MARKET HEADING TODAY? Euro broke 2 ys lows...

How long have you been an independent trader? I just started 3 weeks ago. This is the best job for me in terms of quality of life. I seriously have no other chance in life other than doing this. I also am a sportsbettor and have been making money in this business for the last 5 years. I...

YachtFund how was life on the dealing floor? Are you an independent trader now? Just curious.

with that being said, this early move could be classified as mere speculation then. Someone is betting that the US economic data will be below expectation. I have been long on the cable since yesterday and i am looking at a 150-200 pip upward move.

Dont you guys think that the big investment banks know what kinda data will be coming out with great anticipation? I dont think they sit in front of CNBC like us and listen to the news live...they must know something before everyone else...too many times I have witnessed to big anticipated...

Looks like the big players are moving early ahead of the US economic data comin up this afternoon.

Hi Praniel remember me? I am the guy who used to play professional football... I haven't checked out this thread in a long while and I would like to add a few things to it. I interviewed with ETS two times back in June. I was offered one of the trainee positions but I eventually decided to...

I like to calculate my maximum drawdown and multiply it by 2 before I decide to start using a new strategy. Fir example, say your max drawdown is a 10% loss of equity based on stats and backtesting. I take that number and multiply it by 2, thus my max drawdown is now 20%. I do that for a...