Quoting dukeofdentsDislikedHow about that Phil Valentine?Ignored
how long you been trading? where did you learn? i've got most of my training through peter bain and staff.
Plotting daily moving averages as horizontal lines on hourly charts 11 replies
Daily moving average on hourly/ minute chart 7 replies
Solely based on Price Action, S/R & Trendlines (Daily+Hourly Charts) 5 replies
Daily/Hourly candle MT4 indicator needed 5 replies
Math question: equating hourly stochastics/rsi with daily 3 replies
Quoting dukeofdentsDisliked4xfox,
That's funny, I dare you to call up Dave Ramsey and tell him you're trading forex. He'd say, "what did you do, take a stupid pill?!?!"
Actually, his overall life management/money methods are good, though. It's just how you make your money. You have to realize that trading is a job, just like cement finishing or car sales. That's how you make it, not what you do with it after....Ignored
Quoting dukeofdentsDislikedBTW, MA crosses signal money losses...
(I'm also a musician and it rhymes!)Ignored
Quoting LouDislikedHi Labrat407,
Just a thought you might consider. Since trading demo is nothing like trading real $ when it comes to psychology, you may want to find a broker that uses micro pips. You can still trade regular pipage but also have the choice to try micro. Fits with the methodology of moving from hourly to daily.
Lou
BTW... this thread is very confirming.Ignored
Quoting Labrat407DislikedI have been trading the same $ from a $500 account I opened 3 months ago. Slow and steady.
Labrat407Ignored
Quoting 4xfoxDislikedit's a good profession to learn. (trading) the way i figure, this is something i can still be doing when i'm 90 years old. that is if i can still remember how to turn on the computer.Ignored
Quoting jackoDislikedI am ABSOLUTELY CONVINCED that this is the best "business" in the world.
There are:
1. no rent of offices (that is, NO dealing with Realtors, Lawyers, and government departments...man, what a pain in the ass). Also no office fit-out costs
...Ignored
Quoting paul2DislikedI've already been told by my significat other that if I were to do this full time, I'd need to get an office. She doesnt think she could "stand having [me ]around all the time." Which is okay, because she can be a total bitch.Ignored
Quoting summitfxDislikedI'm use a lot of moving averages on my dailys. I plot an 8,21,34,55,100 and 200 sma. On this chart of the usd/jpy you can see that the 21 had held the decline on many days and acted as support. Yesterday the eur/usd was stopped dead on by the 200 day ma and so on. I have also plotted the Fozzy method and find it to be interesting. Of course trendlines and japanese candlesticks are excellent tools as well.Ignored
Quoting summitfxDislikedI'm use a lot of moving averages on my dailys. I plot an 8,21,34,55,100 and 200 sma. On this chart of the usd/jpy you can see that the 21 had held the decline on many days and acted as support. Yesterday the eur/usd was stopped dead on by the 200 day ma and so on. I have also plotted the Fozzy method and find it to be interesting. Of course trendlines and japanese candlesticks are excellent tools as well.Ignored
Quoting TheGreatMilenkoDislikedLook at all the times the EUR/USD WASN'T stopped dead by the 200sma.Ignored