Recent content by richieforex

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    Intra-Day Analysis

    27th March 2015 I expect the markets to remain flat until Yellen speaks, we may see some volatility before the markets close for the weekend. Market has been ranging most of the week with no follow through on price Dollar Index Neutral to Bullish Price tested support but rebounded off it. I...
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    Intra-Day Analysis

    Thanks paszkman!!
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    Intra-Day Analysis

    26th March 2015 Price has been choppy again with Key levels have been respected. USDJPY was a good trade from yesterday for anyone who took it. Price came down to the target exactly but didn't stay there long. Dollar Index (DXC) Neutral to bullish Price has moved with conviction from support...
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    No Plan, No Trade

    Couldn't agree more bredin, nice post!
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    Differences between backtests done by several software

    Backtesting has limitations and is subjective. If you use software there is often a variety of limitations and assumptions it makes in terms placing trades, how the trades are filled and the calculation of profits and losses. I am not saying you should not back test but you must be aware that...
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    My journey towards consistency

    Great stuff with your journal! Can you explain a bit about your strategy? No need to go into details I would just like to understand a bit more of how you trade!! Thanks Rich
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    FAQ How Long Does it Take to Make a Stable Income from Trading?

    I agree, there are many factors!
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    FAQ Is There a Strategy or System that I should Use and where Can I Find it?

    Traders often look for the holy grail, there isn't one!! The problem traders face is that they do not realise it is themselves to blame. There are many strategies that are profitable but it is often the user trying to implement them that is the problem.
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    Intra-Day Analysis

    25th March 2015 Not much has changed since yesterday. Still in a correction until key levels have been broken. Possible trading opportunity in USDJPY Dollar Index (DXC) Neutral Price at a key level. Still in a corrective phase, need to see if price respects this level (possible continuation)...
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    Shopping for Discounts?

    Price is stalling and the Dollar index has respected a key level. I am still on the sidelines before I see further clarification of if the trend will resume. I will be keeping a close on the DXC and the key level!
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    Market Manipulation yet no compensation?

    Unless you were trading directly with a tier 1 liquidity provider I am guessing we as retail traders could not sue them! It would be the brokers who would need to take legal action.
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    Swing Trading Alerts

    When you say 'alerts' are you looking for an EA or a signal service?
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    2015 02 06 GJ I keep a bullish bias.

    Thank you!!
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    FAQ Nature Vs Nurture – are Good Traders Born or Made?

    Traders are not born but if you have the traits required to be a successful trader it will make it easier for you. Trading is a skill which I believe not everyone has the aptitude for no matter how hard they try.
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    FAQ Realistically, How much Money can I Expect to Make?

    The statistics are indeed open to interpretation. What exactly does 95% fail mean? Does a fail mean the trader lost money, broke even, made money then lost it, wiped out their account! You will have those who fail spectacularly blowing their accounts, those who lose a little and give up, some...
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