Greetings and salutations to all Forex traders. This ribbon is called for a very simple reason. It is both tendencies exist in Forex or else they don't. If trends don't exist currency markets are a random walk, with no direction likely than another. If currency moves are random, then it'd be no more possible to generate a profit off trading Forex than making a profit off the toss of a pair of dice or the spin of a roulette wheel. It's ok to believe that, but if you do, you'd may also visit the casino. You get free drinks with your bets there. If however you believe that trends do exist in Foreign Exchange, then this thread will discuss how to find and profit from them. This debate has been moving back and forth between finance and math guys for decades, and we aren't going to resolve it . Here, we will assume trends exist and attempt to show how to make a profit from them.

Just a few rules. Anyone of any level of experience is welcome to post . I just ask that everyone attempt to keep a positive attitude and stay respectful. I find the more positive my attitude, the more positive my trading results. I am trusting experienced traders can discuss items of mutual interest here and along the way they can mentor newbies, not conquer their dre. Just one other thing, we're here in order to discuss trading. Discussions of different topics should best be left to other threads. That said, trolls will be prohibited. Otherwise, comments or any queries regarding trading are welcome from anyone. Let us start.