Recent content by tim61468

I have been with FXCM.com for over a year and have two accounts with them as well as two accounts with forex.com FXCM seems to over the lowest spreads.

Snagged about 40 pips on the USD/CHF pair and got out of a hedge on the EUR/USD pair with about 10 pips profit. Nice call!

Great call on the GBP/AUD pair. snagged over 80 pips buying this!

Great call last night on the USD/JPY pair!

Snagged about 25 pips buying the AUD/USD pair.. nice call!

rather than complaining about the top 1% with the wealth in America, Im trying to join them. Ive spent over 25 years working for my money my goal is to spend the next 25+ years making my money work for me via the forex.

As a resident of the US I can tell you flat out these rosey pictures of the US economy theyre trying to paint is pure hogwash. They officialy say the unemployment rate is at 7%, but anyone with a clue knows its easily double that. Ive even seen figures that put it as high as 25%. There is no...

WHile I do check the hour and daily charts I seem to be having really good luck playing the 5 minute chart. I just make sure to check the forex calender to make sure there are no economic releases that are going to make the market go haywire.

I tend to stick to the major pairs, particularly the AUD/USD, EUR/USD and GBP/USD and unless his forcasts mention those I usualy ignore them. All pf his forcasts clearly say These are not specific trades. Do not blindly place trades in the directions given below. Use your own trading...

Not sure what that meant but it sure sounded deep!

"I Believe the core to being a giant is when you can accept losses -when those losses do not indicate your strategy going red overall." This comment hit the nail on the head for me. Besides patience Ive learned not to try and close every single trade with a profit. If I can keep my account...

How many pieces of 8 for a 40 hour week?

Yep As much as I hate to Ive been selling the USD against the EUR, GBP, and AUD and have been doing rather well as a result. I think were going to see even more weakness in 2014 .

How long would you guys say you need to consistently be making a living trading the forex before you could be considered a giant? 1 year? 2 years? 5 years?

I know there are 2% of forex traders who are considered giants in the forex community. The question is how long do you have to consistently make a profit before you are considered a giant? Also,how much do you have to make before you are considered a giant? Would you consider a trader who is...