Is there an "easy" way to trade on Forex? 98 replies
Doing things the "easy" way = failure? 8 replies
DislikedYep, the same here. Now is when we really will know how the system performs.........Ignored
I started this system at the beginning of the week, a lot of pair has been triggered but now I'm in loss almost everywhere.... only AUDUSD that is positive. I'd say it's a bad luck for me
How is it going for you guys so far?
I am trading with a very small account because I find that I am not careful enough with a demo account.
My first ever 100 pips were made on the USDJPY and this made me feel like a winner after all the losses.
Due to the time zone I only check my charts the next morning early and sometimes it helps me better to analyze
the situation then.
Thank you for your patients with us. Are you still busy with the order flow study? A 14 page pdf is attached if you are interested which
was a free study that was done in 2008Ignored
Some charts are now touching the MA22 on a retracement, ex: Eurjpy, GbpUSD, EurAud... Any thoughts? Do you plan to get out soon and wait for another signal?
DislikedI've gotten my ass handed to me...Ignored
Assume one is at the opening hour of the day and a chart is looked like the attached.
What would be your general trade philosophy when see such chart?
Thanks for your comment.
DislikedWell just looking at the chart shown, it looks like I might have a nice entry spot just above that 1.5315 recent high. You've got some nice movement and you may be catching some action at the 1.5300 mark. I'd still want to look back a bit at previous market movement and study what's going on with the currencies involved. Looks like Gbp/Aud...Ignored
DislikedThanks for your comments.
In addition to the trading method, one should possess a well understanding in the currencies of the countries involved, if I read your comments in above and previous posts. THIS is the area I am weak, or rather to say I need to "catch up" a lot
(yes it is G/A)Ignored
DislikedI am definitely of the mind set that understanding the underlying market sentiment is of great importance. I'm moving more and more to an Oder Flow mentality.Ignored
DislikedDon't mind to share... what is the "order flow?" A trend (may be not)?Ignored