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- Member
- Last Online:
- Aug 10, 2010
- Using Local Time:
- 7:34am (1 hr behind you)
- Joined Forex Factory:
- Feb 2008
Input by forexnoob101
About
- Trading From:
- United States (map)
- Trading Style(s):
- Technical Analyst
- Biography:
- I have been trading in the forex currency market since 2000, and have studied a few pairs on a more intricate level. I trade with what I have studied, using only the knowledge I have gained to influence my trades without having any outside voice effect my trades along with a few handy indicators.
As for the indicators, I love using Fibonacci retracement tools. Fibs are your friend. Along with Fibs I use Patterns, Gann Lines, Elliot Wave Patterns, Candlesticks, Ihimoku Kinko Hyo, Moving Averages (10,20,50,and 200 most of the times), and a few other indicators.
On H1 timeframes I use MACD (12,26,9) Stochs (5,3,3)
On a M15 timeframes I use Stoch (5,3,3) %R(14), RSI (10)
I use other timeframes as well depending on what type of trade I am looking for.
Along with this I also use the original version of eASCTrend 6.0 (not the one made for MT4, the original version)
I would really advise you to really, and I mean really study and focus one currency pair at a time alone, and then with one indicator at a time. Start with a M1 timeframe. Don't rely on anyone else, because as soon as they fail you will be disappointed.
Please don't ask me to help with your trades. I do not give out signals, recommendations, or an analysis, so please do not ask. Even my clients do not know my style of trading. All I can say is study, study, and study hard. There is light at the end of the tunnel. I have been able to make forex trading my full-time job and been very, very successful at it for years.
You can trade currency and not have to rely on anyone or any system. It takes a lot of work and many challenges will arise. It may seem complicated at first but after trial and error you will realize that trading a pair is not as difficult as it seems. It will become easier in time, and trading will be fun.
forexnoob101
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