or you think that will go GBP / USD on Monday night down, but what on Tuesday?
Thanks for the reply everyone and a nice weekend.
matjaz
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Thanks for the reply everyone and a nice weekend.
matjaz
DislikedMyfriend, No one can predict what can happen next monday or tuesday. Just wait for monday, see what happens, Wait on london open, check what your indicators and system says and go with the flow.
This is the forex market and theres equal chance of price going up vs price going down.
If your on h4 thru m15, that makes you an intraday trader, so check what happens on monday and make your 20-50pips (typical intraday targets). Have a great weekend yo!Ignored
Dislikedda can of worms have been opened again ..lol...
agree and disagree too.
In US you need 250 K and possibly higher account to Live on. If u live in India or other developing countries even a 20-30 K account will work.
I am up 4 % this month (trading 1-2 hours per day) - I am saving enough to start trading as a FT activity (looking at a account in 100Ks+ )Ignored
DislikedBut also Azim after a 1500p candle I have checked cable and it could well be we have to wait untill the end of the month for direction as cable my need to rest..??Ignored
DislikedBut also Azim after a 1500p candle I have checked cable and it could well be we have to wait untill the end of the month for direction as cable my need to rest..??Ignored
DislikedNot to say I am in the top 5% at all ,still actually novice in grand scheme of things but was it predictable that we were about to rangeIgnored
DislikedPredictability as an "absolute" direction? NO
Predictability as a "likely" direction? Absolutely
If not, then I never would have placed these trades (and others) based on my prediction of the "likely" turning points, direction and levels to reach. And I'm just a green newbie...LOL
http://www.forexfactory.com/showpost...stcount=140125
http://www.forexfactory.com/showpost...stcount=140417Ignored
DislikedPredictability as an "absolute" direction? NO
Predictability as a "likely" direction? Absolutely
If not, then I never would have placed these trades (and others) based on my prediction of the "likely" turning points, direction and levels to reach. And I'm just a green newbie...LOL
http://www.forexfactory.com/showpost...stcount=140125
http://www.forexfactory.com/showpost...stcount=140417Ignored
DislikedOf course never absolutely we must move with the market.
I see you have read the market well and I take my hat off to you for thatIgnored
DislikedI wonder where the GBP / USD or decided THIS week will go down or upIgnored
DislikedWithout the market moving right now it would be hard to say since I base my views on PA and S/R. However, since it hit my last target by a couple pips and turned as I expected, Me "thinks" it will go down on open but I'll have to see the PA to be sure or not. Also, I don't put too much weight on Sunday's open. I prefer to wait until after (or well into) the European session for my PA clues.Ignored
Thanks for the quick reply.
then better to wait until that Sunday evening that the market is opened up to Monday.
iskanje
DislikedIgnored
DislikedExcellent point! I should have expressed it like this:
Minimum capital: 3 years of required income (36X required monthly income).
Then you will be able to maintain your living standard and break even at 2.8% profit on a monthly basis.
I guess we are starting to get a bit off topic now, sorry about that. Just trying to keep expectations on a level that is realistic for most people.Ignored
DislikedThat is "my" personal preference based on how I trade. The only thing for sure about trading Forex is, there are as many different styles of trading as there are stars in the sky.
My best and only advice is, Demo trade for as long as needed to find "your own style" that works best for you. That's what I've done and will continue to do. Even though I now trade a live account, I still trade a demo in a never ending pursuit of refining and perfecting my style...
Edit: Oh, maybe one more piece of advice. Start at page 1 of the James 16 thread...Ignored
DislikedDemo trading is absolutely must when you start. If not anything else this will give you a sense which buttons to push, what is a spread, how is PIP calculated etc.
But a after a few months, it is nice to have a mini account with a few REAL dollars. That is because small gains (or losses) keep the interest built up and a few gains make you confident and ready to a bigger account which a demo cannot. When you are in demo, you are more in a gambling like frame of mind.Ignored
DislikedAs what we have discuss in the earlier asian session..manipulator, spekulator, gladiator all in this room....and we can identified a few of them...buy dip...pick from the top..all this are BS with current ranging market...why? where to take dip and where to pick top...base on what...
For me if people make thousand of pips in the 2 last week..I was ...like hell..Why? All that is Bull shit!
While all stock market and futures still in decision mode....Market ranging is still in play around until NFP and Q2 profit revenue announcement...Possibility...Ignored