Hello everyone.
Many of you have probably taken notice by now the performance that I have shown with my trade explorer Flyer for the month of May which has exceeded 1000% return. Naturally this kind of performance has drawn a bit of attention and a lot of questions. I thought I would try to answer a few of those here.
First of all, let me begin with I have two real passions in my life. One is flying airplanes (hence my name) and second is trading in the financial markets. I have been trading for over 10 years now with about 9 years of experience trading in the Forex market. Like many, I started in the Forex market with a lot of losses, but I also had my successes too which kept me going.
So, about my trading you ask...
How I do base my trades is a popular question I'm getting. First let me say, there is no one answer to this question, but I will say experience is probably the best teacher when it comes to this. However, that being said, most of my trades are based on the following elements: 1) Market sentiment (which way is the trend, what mood is the market in), 2) Price action (where is the price in relation to the short term history and what direction is it going), 3) current state of economy for the respective countries involved. So you can easily take from that I use a combination of technical and fundamental analysis for the basis of my trades.
I have written several threads here on Forex Factory several years ago. For quite some time I just followed events on here and stopped posting as I was involved with other ventures, but I'll try to continue to write in this for a while and answer questions as they come up. Feel free to go back to some of my old articles to see some of what I wrote then.
Until next post, good luck and good trades to you!
GF
Many of you have probably taken notice by now the performance that I have shown with my trade explorer Flyer for the month of May which has exceeded 1000% return. Naturally this kind of performance has drawn a bit of attention and a lot of questions. I thought I would try to answer a few of those here.
First of all, let me begin with I have two real passions in my life. One is flying airplanes (hence my name) and second is trading in the financial markets. I have been trading for over 10 years now with about 9 years of experience trading in the Forex market. Like many, I started in the Forex market with a lot of losses, but I also had my successes too which kept me going.
So, about my trading you ask...
How I do base my trades is a popular question I'm getting. First let me say, there is no one answer to this question, but I will say experience is probably the best teacher when it comes to this. However, that being said, most of my trades are based on the following elements: 1) Market sentiment (which way is the trend, what mood is the market in), 2) Price action (where is the price in relation to the short term history and what direction is it going), 3) current state of economy for the respective countries involved. So you can easily take from that I use a combination of technical and fundamental analysis for the basis of my trades.
I have written several threads here on Forex Factory several years ago. For quite some time I just followed events on here and stopped posting as I was involved with other ventures, but I'll try to continue to write in this for a while and answer questions as they come up. Feel free to go back to some of my old articles to see some of what I wrote then.
Until next post, good luck and good trades to you!
GF