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- phpower replied Apr 15, 2011
I am not new on forex factory, but now I have the experience and I want to share my knowlege with other traders... Because finaly the Trading itself, it is very simple.
- phpower replied Apr 15, 2011
Risk always — Risk always 2 and more to 1.. regardless if it is 50 profit and 25 loss, or 100 profit and 40 loss... so if you win 6 trades in 10 you are still the winner!
- phpower replied Apr 15, 2011
Risk 2 to 1 — To take 10 pips per day, should be looking for trade at the risk of them must be 2 to 1.. win 10 pips and lose 5.. Only like that you will be a winner.. Because you can't win all the trades..
- phpower replied Apr 15, 2011
Although works all together, I will agree with you, about Patience!
- phpower replied Apr 14, 2011
I suggest... — I suggest Consistency, Patience, Discipline, Focus and no music when you trade!
- phpower replied Apr 14, 2011
Trendlines Works... — My trendlines always working.Works 80-90%, especially in H4 time frames. I used trendline zones... They are more valid.
- phpower replied Apr 14, 2011
Very Interested — I am very impressed with your simple and clear system.. I use pretty much the same with some tweaking... I have support/resistance boxes and I draw trendlines zones. Good staff.. Cheers!
- phpower replied Apr 14, 2011
I will agree with your opinion... — I will agree with your opinion... Everybody looking for EA to feel comfortable... That is a big big mistake!!! They try to find Indicators to tell them what to do... The key is knowlege and clear charts...
- phpower replied Apr 14, 2011
M30, H1, H4... — Usually the trendlines works in M30, H1, H4, Daily, Weekly and Monthly. Larger time frame more valid.
- phpower replied Apr 14, 2011
DON'T USE Indicators!!!!!!! — Thanks god that I don't use indicators. I tried in the beginning and I saw how fake was all of them. Try to learn about Price Action, Support/Resistance, Candlesticks and Find how to draw correct Trend Lines.
- phpower replied Apr 14, 2011
Try to lern... — Try to learn everything around in Price Action... The best way to begin! There are many things you should learn but Price Action is actually very importand.. It is one piece fo the forex puzzle!
- phpower replied Apr 14, 2011
The best way.. — I think the best way to make your account bigger is... Start with 0.1 and make 1000 pips. Then with 0,2 and make another 1000. Continue with that way untill you get 1.0. I know it is a hard way but imagine if you get there ...
- phpower replied Apr 3, 2011
Simple Trade Method — Support / Resistance, Candlesticks, Trend Lines and Price Action ... With right Money management and when you have the appropriate tool (Risk / Reward) then you used all together in your strategy system .... That is the ...
- phpower replied Apr 1, 2011
Price Action and Clean Charts — If you understand what happened in Price Action then the only you need is a clean Chart with out any indicator... The "Magic" indicators are useless and they give you fake signals...
- phpower replied Apr 1, 2011
Price Action is the key.. — Try to study and understand everything around in Price Action...
- Posts by Member Search: 'phpower'