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- 141 Results (2 Threads , 139 Replies )
- phoenix777 replied Feb 26, 2022
i dare not say we shouldn't trade right now, because i think it's very personal how each of us see the market. But for me, it's dangerous, i only targeting small pips, any sudden news or unexpected moment can cause slippage that will make any SL not ...
Trading Forex is Hard
- phoenix777 replied Feb 25, 2022
"Avoiding volatile days, or let's say days with a high risk of explosion, is pragmatic tail-risk reduction"
Trading Forex is Hard
- phoenix777 replied Feb 18, 2022
I am just a student here, so it's better to learn from veni and Jens, i believe they are profitable for more than 2 years.
Trading Forex is Hard
- phoenix777 replied Feb 18, 2022
it's hard to explain it. The key thing is momentum. you only need to follow the flow. but make sure you pick a trade setup that has high probability, thigh stop loss, and large profit potential you see this recently closed trade, i don't know if i ...
Trading Forex is Hard
- phoenix777 replied Feb 10, 2022
Hi veni, I can not reply your PM. I use round number indi from here url I attached it twice on the chart. i put 5 and 50 in step value Hope it helps
Trading Forex is Hard
- phoenix777 replied Feb 9, 2022
If we are patient, there will be many good setup trading short time frame
Trading Forex is Hard
- phoenix777 replied Feb 8, 2022
someone once said: The majority of traders lose because there is a powerful inherent tendency to trade against momentum in an effort to time the top or the bottom of a price move
Trading Forex is Hard
- phoenix777 replied Jan 24, 2022
Talking about cognitive biases. "They asked people to make specific choices between various alternatives. Kahneman and Tversky first had participants choose between one of the two gambles, or prospects: Gamble A: A 100 percent chance of losing ...
My way of seeing the market
- phoenix777 replied Jan 17, 2022
“I looked at the price charts and analyzed them, and they didn’t look random to me,” he says. “They looked kind of random, but not completely random. I felt there had to be some anomalies in this data which could be exploited.” url Do you agree ...
Is forex education misleading or everyone is stupid?
- phoenix777 replied Jan 17, 2022
Have you watched this video? url
Is forex education misleading or everyone is stupid?
- phoenix777 replied Jan 14, 2022
url url is it random?
Is forex education misleading or everyone is stupid?
- phoenix777 replied Dec 21, 2021
Thank you for everything, Merry Christmas and Happy New Year
Trading Forex is Hard
- phoenix777 replied Dec 8, 2021
Yes, i took the short trade. Thank you for your confirmation, veni and jens.
Trading Forex is Hard
- phoenix777 replied Dec 8, 2021
Hi Veni and Jens, Would you take the same trade? Where would you put your positive stop loss after price reversing? My earlier plan is to put SL to BE once it reverses, but as we can see, the price suddenly move against it, which will stop my trade ...
Trading Forex is Hard
- phoenix777 replied Dec 2, 2021
Hi veni, your setting restricts me from sending you a message Thank you Hi Jay, very nice trade A good looking trade setup like this is everywhere on the chart, but sometimes we are not patient enough Keep posting mate, learning so much from this ...
My way of seeing the market
- phoenix777 replied Dec 2, 2021
Thank you, Sometimes i am wondering that this live movement is highly depended on broker feed tick update, internet connection, server location, etc. Movement or speed that i see from my screen may be different with yours, doesn't it?
Trading Forex is Hard
- phoenix777 replied Dec 2, 2021
Hi Veni, thank you for allowing anyone to comment on your thread. Please, can you explain why you shorted there when it was directly on support level.
Trading Forex is Hard