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28 Forex Trading Rules For Us All To Consider...

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Peter jcp commented on Peter jcp's blog post EUR / JPY and OB''s / OS's
"Since the European opens - the EJ retraced 90+ pips and now in the last 30 mins fell over 120 pips to a new low of 129.93. The bounce from the low as already completed 40 pips ;-)) Can the low hold 30 minutes ??"
2 minutes ago
Peter jcp commented on talisman's blog post RR, OPPORTUNITY, EXPECTANCY & THE GRADE 3 PAGE 1 DEFINITION OF HOW THEY INTER-RELATE
"Hi Talisman - I am with you on this post - especially the comment - "its important to not lose sight of these things.". I do think many new traders - and I was one once - think I just need loads of pips and then I will make money…"
9 minutes ago
Hussain malik commented on Hussain malik's blog post today old man advise and audusd specialy for my dear fellow
"thanks for like saifullah "
15 minutes ago
Max commented on JohniFx's photo
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XAU/AAPL .392

"Nice one! (thumbs up)"
16 minutes ago
Hussain malik commented on Hussain malik's blog post today old man advise and audusd specialy for my dear fellow
"thank you soo much saleem khan thank you soo much peter same for you "
30 minutes ago
Martin Kay's blog post was featured

EUR/USD DAILY as of Thursday, 23 May, 2013

A Daily black body was formed during yesterday’s trading session.A Daily engulfing bearish line has formed (where a black candle's real body completely contains the previous white candle's real body). The engulfing bearish pattern is bearish during an uptrend. It signifies that the momentum may be shifting from the bulls to the bears. If the engulfing bearish pattern occurs during a downtrend (which appears to be the case with Euro Dollar / US Dollar), it may be a last engulfing bottom which…See More
30 minutes ago
Jon Sproule posted blog posts
35 minutes ago
talisman's blog post was featured

RR, OPPORTUNITY, EXPECTANCY & THE GRADE 3 PAGE 1 DEFINITION OF HOW THEY INTER-RELATE

a couple quick definitions to get the kick the cat hererr=risk/reward-the amount at risk compared as a ratio to the amount you makeopportunity-the amount of set ups a method gives you to enter the market in a period of timeexpectancy- the amount of pips( or whatever you want but pips is best ) you excpect to gain(lose) employing a method per pip riskedin order to profit in the long run you must have a positive expectancy, this is a must.  the amount of positive expectancy you need to get any…See More
35 minutes ago

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