Hello my name is Mark. I've been watching the markets for 10-12 months (daily) now ever since the U.S. was downgraded and I have found I am pretty good at guessing the market. It really took me almost a year to get it down though but I figure if I watch one year it will be similar next year as far as Europe and US goes. I've watch the entire eur/usd pair go from 1.44 to as low as 1.22 (currently) and all of the volatility in between. I am enrolled in school now to learn more, mostly because of I've overloaded with teaching myself in a short period of time but I want to get into using/making/tweaking an EA since most of the action in the USD is while I'm in school. For now I want to have something simple like a scalping EA but I definitely want to get an EA going on the macro side. Hopefully I can work with some traders out there who put in as much time as I do learning about this stuff.

Thanks Bond I am trying to learn everything right now but I don't really have a system as far as charts or indicators, haven't taken the time to learn those yet but I can usually find action during the beginning Europe session, I will go to bed maybe 2-3pm (pst) and have atleast 6 hours of sleep before I have to go to school, somedays I will wake up early for the major data. Nowadays I am more confident in my trades to have them sit overnight. I got burned big last time when I started around October and all of the headlines coming out during the US sessions. Lately its only been early US data or Fed minutes causing volatility and I will just stay away during those meetings. Other than that I'll read a few articles a day to stay up on everything.

What type of deal do you got going on?

Hello Mark. I use a simple moving average to identify trend, TD Lines for nearest support and resistance, Williams % Range to confirm breakouts, and Larry Williams False Break Buy-Sell Pattern to link my money management plan. Money management is 50% of the trading equation!

I recommend you get yourself a practice account and start actually trading the market. It's one thing to guess direction, but using money management and trade management on deciding on stop levels and profit targets to be consistently profitable is the real challenge.

It's easy to look at a chart and say 'yeah, it's going to go short' But to actually make money from that prediction is what you are ultimately trying to do.

Good luck!