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- Frankxyz replied May 13, 2013
Firstly, it cannot be guaranteed how many pips that one can earn per day or per week. Secondly, the number of pips is not the only determinant on how successful a trader is, since it depends on the lot size entered. One can make 100 pips a week but ...
- Frankxyz replied Mar 18, 2013
I am assuming you are trading on the Daily chart. If so, then it is correct to wait for the New York market to close before deciding on your trade entries. Whether you enter the trade before New Zealand/Australia market opens or just after they open ...
- Frankxyz replied Jan 14, 2013
What you are saying is just some kind of pattern recognition. It works sometimes and it does not work at other times. Just think about it, if trading the market is that easy, everyone will be doing it. Moreover, you did not mention anything about ...
- Frankxyz replied Jan 14, 2013
There is no need for any 'rescuing' if you implement your stop loss. In any trading position, you need to expect losses sometimes. That's why you need a stop loss to LIMIT your losses. Accept the loss and move on. Wait for the next trade setup.
- Frankxyz replied Jan 14, 2013
No broker will guarantee you the maximum lot size to trade without too much slippage. Liquidity ebbs and flows along a trading day. You may write in to a few brokers to get an idea on what would be the maximum lot size you may enter per position.
- Frankxyz replied Dec 13, 2012
Could take a long time. But never stop bugging them every single day
- Frankxyz replied Dec 13, 2012
A currency pair consists of 2 currencies. How the currency pair moves is dependent on the strength of the 2 currencies relative to each other. The point about USDCHF going up while USDJPY moving down at the same time simply means JPY was even weaker ...
- Frankxyz replied Dec 13, 2012
I believe you are referring to a trading plan. Every trader should have a trading plan to dictate how he should approach and trade the market. A trading plan should include, but is not limited, to the following: 1. A daily trading routine 2. Sources ...
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