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- ReyesWhite replied Jun 15, 2015
That seems reasonable. Most of my trades do seem to be an equal risk to reward most of the time so that would probably be best.
- ReyesWhite replied Jun 9, 2015
If you're an intra-day trader then you need to be careful with the spread of higher pairs. If you're a day trader you can trade most pairs on the daily chart and not be bothered about the spread.
- ReyesWhite replied Jun 6, 2015
One thing which has really helped me last week which I have only just started to incorporate into my trading (... yeh I know), is to look at the higher time frames and to make sure i'm not buying at resistance or selling at support, something which ...
- ReyesWhite replied Jun 4, 2015
One thing which will definitely help you is to be certain of what your target and your risk in a trade is, then it totally makes the psychological aspect of trading much easier. What I mean by this is, if you have a stop loss of 20 Pips and a target ...
- ReyesWhite replied Jun 3, 2015
According to your stats (4:1) odds at worst, you need to win 75% of the time with those odds, but you're winning 96% of the time which is a great edge. From what you've said it sounds viable and is obviously working for you, but not a style i'd ...
- ReyesWhite replied Jun 3, 2015
Thanks guys. I see what you all mean. I'm going to try looking at a M5, H1 and H4 template Maybe.
- ReyesWhite replied Jun 2, 2015
One thing I advise anyone reading this thread to do if you're not understanding how the market is moving or you want to understand how to use candlesticks properly, look at Steve Nisons candlestick Forex seminar he did many years back.
- ReyesWhite replied Jun 2, 2015
This is why you should always use a stoploss. Then you don't need to worry about blowing up your account.
- ReyesWhite replied Jun 2, 2015
I went away from trading for a while and recently come back into it with a fresh head. During my time away I also played poker, and one thing I learned which I have brought into the Forex world which I didn't understand before, is in Poker there is ...
- ReyesWhite replied Jun 2, 2015
Chances are, the trades were acted as random, but generally you probably got into a profitable situation without even knowing it more often than not.
- ReyesWhite replied Jan 19, 2015
Was anyone here on the right side of the CHF event and was short on USDCHF/EURCHF and made money? Seems like most people I come accross were on the wrong side.
- ReyesWhite replied Jan 18, 2015
A lot of traders with small accounts including myself would struggle with little to no leverage.
- ReyesWhite replied Aug 20, 2014
Because every pair is correlated. For instance if you buy EUR/USD you're buying the EURO but selling the Dollar, and this is represented on USD/CHF, the Euro's sister pair, and if everyone is buying EUR/USD, then people are selling the dollar hence ...
- ReyesWhite replied Aug 20, 2014
If you have a set strategy try making a trade journal on here, and set up a trade explorer as well. At one time i used to use myfxbook, but i found FF to be much more straight forward, and with me spending most of discussions on here, thought it's a ...
- ReyesWhite replied Aug 19, 2014
Starting the day at around breakeven after two losses and just the one win yesterday. Looking to go long on this triangle, providing there is a pullback. image
- ReyesWhite replied Aug 18, 2014
AUDUSD long on the pullback with hidden divergence. image
- ReyesWhite replied Aug 18, 2014
Decent day so far with 1 win and 1 loss. The original trade which closed on AUDUSD, has now broken another triangle to the upside. Currently waiting for a pull back and hopefully some divergence, and then i'll enter. image
- ReyesWhite replied Aug 18, 2014
After some consideration on the weekend i have decided to day-trade the 15 minute charts of the major currencies, rather than the hourlys of lower liquidity pairs such as AUDCHF, AUDCAD etc; I have found over time that trading on the smaller ...
- ReyesWhite replied Aug 14, 2014
EURJPY hit my stop. -30 pips
- ReyesWhite replied Aug 14, 2014
Gone long on EURJPY now that it has closed above the resistance. image