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- 11 Results (1 Thread , 10 Replies )
- Where is the best place to enter a trade?
Forex trading is all about identifying the trend, picking the best spots to enter the trade and ...
- forexonpoint replied Feb 26, 2016
Short timeframes can be very unreliable. The moves are very random especially for the 1min,5min and 15min. My advice for you would be to stick with higher timeframes. The higher timeframes are stable and more reliable. And the other advantage of ...
- forexonpoint replied Feb 22, 2016
That is a problem many traders struggle with very often. A moving average based system may work very well in a trending market but fail in a range bound market. At the same time a Stochastic might give you great signals in a range bound market but ...
- forexonpoint replied Feb 21, 2016
I don't think it is good for a number of reasons.The chart if filled with all sorts of indicators that would generally give you conflicting signals. The template has several trend indicators and couple of momentum indicators. Filling a chart with ...
- forexonpoint replied Feb 20, 2016
The chart itself is telling you an incomplete story. By reading the chart,one would conclude that the AUD/NZD has a higher win rate than all other currencies therefore giving you the false impression that trading the AUD/NZD gives you a greater ...
- forexonpoint replied Feb 10, 2016
Price actions works on all timeframes. For my trading I always focus on higher times frames like 1hr,4hr and 1 day.I prefer the higher timesframes because all the noise that is in smaller timeframes is filtered out in the higher timeframe and they ...
- forexonpoint replied Feb 9, 2016
I blew quite a number of accounts before I got it right.When you are starting out in forex trading.You always read about all the mistakes you aren't supposed to make in forex trading like over-leverage or trading without a plan.For me,I thought I ...
- forexonpoint replied Feb 9, 2016
I like to listen to music without vocals,just instrumental.With instrumental music,I do not need to pay any attention to the lyrics.I just listen to the beat and focus on trading.
- forexonpoint replied Feb 9, 2016
Funny,I had the same idea when I started out in forex trading.I thought if I could trade perfectly for 12 good weeks,I would be able to turn my $50 initial deposit into $60,000 within that time frame.Unfortunately,I had unrealistic expectations.For ...
- forexonpoint replied Feb 9, 2016
I think it's different for every trader.Some traders prefer isolation with only the trading screen in front of them.Some traders are comfortable with having the TV on a business channel and they trade while keeping abreast of economic news.Some ...
- forexonpoint replied Feb 2, 2016
Forex trading can be frustrating, many traders can attest to that. Scalping as a trading strategy can be very difficult because you have to use smaller time frames(1min,5min and 15min) which are highly unreliable. I would suggest sticking to higher ...
- Posts by Member Search: 'forexonpoint'