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- 12 Results (7 Replies , 5 Comments )
- DeeTee commented Mar 5, 2014
I have tried all of those indicators. They all failed. So I have come to suspect that the secret to trend reversal is fundamental analysis; while technical analysis is good for following the trend, fundamental analysis is good for trend reversal. ...
- DeeTee commented Mar 5, 2014
I like your question. I have heard that proposition severally and it sound too vague to me. The big question is how do you quantify "Demand and Supply(D/S)" in a limitless and ever-expanding world of Forex. I would rather see the market from the ...
- DeeTee commented Mar 1, 2014
I started trading FOREX since 2006. I hope that information can help you. My trading system is based on two moving averages: 100 and 200 EMAs. And before I make a trade I look at minimum of 3 times frames. Over the years I notice that price mostly ...
- DeeTee commented Mar 1, 2014
Thanks for your sarcasm. Well, I take between 100-400 pips per trade. Even if the spread on USD Peso is 30pips, minimum of 100pips per trade will take care of the loss due to spread. Which means any trade that will fetch me less than 100 pips I ...
- DeeTee commented Feb 11, 2014
I don't have favourite pairs. I can trade any pair that obeys my strategic setup rules.
- DeeTee replied Jan 31, 2014
I know I sound cynical. The truth is I have not yet met a successful full-time retail trader who is paying his bills solely from the proceed from FOREX. I started trading FOREX in 2006, I broke even in 2011. I am still on the learning curve. I still ...
- DeeTee replied Jan 31, 2014
Well, I don't have any reason to disbelief you, but allow me to ask this question: Is the sum total of your withdrawals more than the sum total of your deposits? If it's not, then you are only withdrawing your deposit and not profit. Broker's don't ...
- DeeTee replied Jan 31, 2014
I doubt if anyone can make a living trading FOREX as a retail trader. One of the greatest threat to a retail trader is that the best FOREX brokers today are scams tomorrow. Even if you are that good to make profit, those guys will not allow you to ...
- DeeTee replied Jul 8, 2013
Good point. It think the problem of "delayed exit signal" can be overcome by simply setting your own exit point. You don't wait for EMA to give the signal, just exit at a preconceived point, say 50, 100 pips, etc. Then you look for another exit ...
- DeeTee replied Jul 4, 2013
GBPUSD is the next big thing. Still going south.
- DeeTee replied Jul 4, 2013
@FTI, you are right on point. Fortunately or Unfortunately, FOREX market gives us only two broad tools to work with; Fundamental and Technical analysis. To a large extent, fundamentals drive the technical pictures we see on charts. But one cannot ...
- DeeTee replied Jul 4, 2013
EMA is one of the best trend indicator as it approximate the general direction of the market. However, using EMA crossovers as buy or sell signal doesn't always work; crossovers come too late when the strength of the trend has already been ...
- Posts by Member Search: 'DeeTee'