FX4Newbies

FOOD FOR THOUGHT! Several years ago, I bought Jack Schwager's book, Market Wizards, where he interviewed top traders around the world...

Okay... Hopefully by now you have completed the Money Questionnaire (Post #6) and have drafted a Trading Plan (Post #7). Now let's talk...

So... when you are getting into a trade, are you paying attention to your state of mind and your emotions? Just before you click... 1...

And here is the outcome...

Good Morning Pitchfork Traders! As promised here is what has happened to EurUsd...following up on the chart shown before: Price...

Hi Fork Traders, Continuing to post in this thread that I started several years ago. Will be looking at EurUsd... Just so you know...

So, here's the answer... Buy #3. Why? That is where the price turned. It did not continue lower at that point. The other two buys moved...

DECISIONS, DECISIONS, DECISIOINS... Making a decision to place a trade is the part of the process that results in trade execution. That...

CHART 3: The Stochastic Oscillator showed that the momentum was changing...see the blue line on the indicator. Momentum indicators are...

CHART 2: Fibonacci Expansion Levels clearly showed price was at a retracement/reversal spot. In my estimation and experience, using...

CHART 1: With this pitchfork chart, a Sliding Parallel could have been used. A part of pitchfork analysis that would have made it more...

Continuing on... Now many of us have been taught how to cross the street...Look left, look right, then look left again. In some...

An additional comment on the current discussion: Image by Pexels from Pixabay It's a holiday week for the U.S. but this pic is...

At this point, I'd like to make this comment: YOUR BEST DEFENCE AGAINST LOSS IS NOT YOUR STOP LOSS, BUT A VERY SHARP AND ACCURATE...

So, here's a question for you: Which buy entry was the best example of a low-risk entry? BUY#1? BUY #2? or BUY #3? Feel...