Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

When they say dont trade during news event..? 1 reply

Please dont let this happen to you!!!!!!! 19 replies

The trend is your friend: if you dont miss the boat 13 replies

Forex can be easy if you dont trade the GBPUSD

  • Post #1
  • Quote
  • First Post: Edited at 12:03pm Jul 27, 2007 10:31am | Edited at 12:03pm
Someone say forex is hard and someone say its easy. There are loser stories, there are easy winner stories.

In forum, you think you should do GBP but no. NEVER TOUCH GBP. Most losers are lost by touching GBP or JPY. Stick with EUR/USD. You might not earn enough money like others in forum but that is FOREX and that is your limit right now. You just cannot make more money than that. You will end up losing all your winning money. MAYBE NOT but..... If you think that way you will avoid that high risks. Just be-careful with forum guys who makes real easy money by clicking one mouse button and be-careful with GBP and JPY. (Includes GBP/USD USD/JPY EUR/JPY GBP/JPY so on................)

If you get THAT something, FOREX can be REAL easy. If you have the right informations and right tools you will start earning in just a week. It is that easy but it is so hard to get that TIP! especially from who got that TIP in a year or longer, they don't want to tell you their secret. Me? I got that info in 7 months. and I also don't want to tell my secrets either. I might got it that earlier but they don't let you get it so soon. Of course, you will have to study other forex stuffs as well.

I lost my point, but don't touch GBP, JPY like others in forum and lose all your money. That doesn't mean EUR/USD is easy for you beginners.

PS. My only job was forex for first half year and still is meaning that I sticked with forex most of my days for first half year.
Actually I trade the pairs you tell traders to avoid and I do very well with them.

You may want to state that you don't trade those pairs well instead of telling others that they won't be able to.

If your not doing so well, it is your system that your trading. If your looking for a good system to use, PM me and I will be glad to share mine. I can send you to a link that show my 12 winning trades in the past 6 hours. I have 27 winning trades this week and the trading day is not over yet.

Good Luck
Well said WHT. Couldn't have put it better misself.
Gone to a better place
Quoting smikester
Well said WHT. Couldn't have put it better misself.
Gotta second that second. The vast majority of all my profitable trades come from two of those "mad and reckless GBP and JPY" pairs, with about 50% of all profit coming from GBP/JPY, 30% from GPB/USD, and the remaining 20% between USD/CHF and USD/CAD. If you know what you're doing you could've easily walked away with over 1000 pips this week in combination between just GBP/USD and GBP/JPY trades. And I'm not talking about picking impeccable tops and bottoms.

They're definitely quite well tradable, like WHT said, you just have to have the right trading technique for those pairs. Part of why I love the two pairs so much is the massive volatility and daily range that seem to burn your fingers so much.
Never underestimate the powers of the Force.
Cleannnnn

I wanted to read your post. I really really did. But I can't take it seriously with all of the improper english and typos.
i'd like to check that out.

Quoting WHTenn
Actually I trade the pairs you tell traders to avoid and I do very well with them.

You may want to state that you don't trade those pairs well instead of telling others that they won't be able to.

If your not doing so well, it is your system that your trading. If your looking for a good system to use, PM me and I will be glad to share mine. I can send you to a link that show my 12 winning trades in the past 6 hours. I have 27 winning trades this week and the trading day is not over yet.

Good Luck
Quoting cleannnnn
...NEVER TOUCH GBP. ... (Includes GBP/USD USD/JPY EUR/JPY GBP/JPY so on................)

I lost my point, but don't touch GBP, JPY...

PS. My only job was forex for first half year and still is meaning that I sticked with forex most of my days for first half year.
I Call...Bull/Bear..S#it. The only diff being the colour of the S#it
Berry Red Bear & Cable {Fibre} Filled Bull Blue.

Some of my most lucrative Trades are hung there.
Mr. UNCleannnnnn,
Put your post in front of a mirror. If you can read sensibly and make any sense; come back, and we would listen to your rambling!!!!!!
Quoting cleannnnn
Someone say forex is hard and someone say its easy. There are loser stories, there are easy winner stories.

In forum, you think you should do GBP but no. NEVER TOUCH GBP. Most losers are lost by touching GBP or JPY. Stick with EUR/USD. You might not earn enough money like others in forum but that is FOREX and that is your limit right now. You just cannot make more money than that. You will end up losing all your winning money. MAYBE NOT but..... If you think that way you will avoid that high risks. Just be-careful with forum guys who makes real easy money by clicking one mouse button and be-careful with GBP and JPY. (Includes GBP/USD USD/JPY EUR/JPY GBP/JPY so on................)

If you get THAT something, FOREX can be REAL easy. If you have the right informations and right tools you will start earning in just a week. It is that easy but it is so hard to get that TIP! especially from who got that TIP in a year or longer, they don't want to tell you their secret. Me? I got that info in 7 months. and I also don't want to tell my secrets either. I might got it that earlier but they don't let you get it so soon. Of course, you will have to study other forex stuffs as well.

I lost my point, but don't touch GBP, JPY like others in forum and lose all your money. That doesn't mean EUR/USD is easy for you beginners.

PS. My only job was forex for first half year and still is meaning that I sticked with forex most of my days for first half year.

Most rediculous ( did I spell that right ? ) thing I ever heard !!! I have been able to lose equally well on ALL the pairs !!!
Quoting The Jedi
Gotta second that second. The vast majority of all my profitable trades come from two of those "mad and reckless GBP and JPY" pairs, with about 50% of all profit coming from GBP/JPY, 30% from GPB/USD, and the remaining 20% between USD/CHF and USD/CAD. If you know what you're doing you could've easily walked away with over 1000 pips this week in combination between just GBP/USD and GBP/JPY trades. And I'm not talking about picking impeccable tops and bottoms.

They're definitely quite well tradable, like WHT said, you just have to have the right trading technique for those pairs. Part of why I love the two pairs so much is the massive volatility and daily range that seem to burn your fingers so much.

Correct on the 1000 pip comment. 839 net pips this week, almost all in G/Y
don't eat apples... only oranges
  • Post #12
  • Quote
  • Edited at 8:23am Jul 28, 2007 7:29am | Edited at 8:23am
Come on people, It is obvious that English is not Cleannn’s mother tongue.

If you agree with his comments or not 4X forums are international.

How would you go on posting on a Russian or Greek forum?

Mart
----o00o--°(_)°--o00o----
Quoting WHTenn
Actually I trade the pairs you tell traders to avoid and I do very well with them.

You may want to state that you don't trade those pairs well instead of telling others that they won't be able to.

If your not doing so well, it is your system that your trading. If your looking for a good system to use, PM me and I will be glad to share mine. I can send you to a link that show my 12 winning trades in the past 6 hours. I have 27 winning trades this week and the trading day is not over yet.

Good Luck
Hello WHTenn,what system do you use to trade the jpy pairs successfully,I make pips but end up giving them right back.I started trading in a mini account on 6/22/07 and have lost $1000 since then,thanxs.
GBP and JPY might be more volatile but you can make from ANY PAIR

Right tools + MM + right mind = Money Money Money
Quoting mart-hart
Come on people, It is obvious that English is not Cleannn’s mother tongue.

If you agree with his comments or not 4X forums are international.

How would you go no posting on a Russian or Greek forum?

Mart
I gotta work on my Russian so I can read those Russian trader forums... there are a lot of smart Russians.
Quoting ycomp
I gotta work on my Russian so I can read those Russian trader forums... there are a lot of smart Russians.
That's for sure, some nice Met4 stuff has come from Russian forums with code that go's on for 5 screens

Mart
----o00o--°(_)°--o00o----
  • Post #17
  • Quote
  • Edited at 11:46pm Jul 28, 2007 5:31pm | Edited at 11:46pm
Quoting markam
Correct on the 1000 pip comment. 839 net pips this week, almost all in G/Y
1162 for the week for me, mostly from GBP/JPY with another 150+ sitting open on GBP/USD shorts right now. There is definitely good money to be made on GBP and JPY pairs. However, I do trade four pairs, so a solid ~400 of those pips come from USD/CHF and USD/CAD trades as well.

It's all in how you read the market and how you play your moves.

EDIT: Before people start screaming that I'm a heretic or a witch or full of snake oil or whatever; I will be the first to say that this was an atypical week for my trading style in that several new medium-term (I define that as one lasting within a month to a month and a half) have seemed to sprout up, thus letting me ride the roller coaster of pippage. I'm sure next week will not be near as wild, though hopefully still lucrative.
Never underestimate the powers of the Force.
The cable is my favorite currency to trade. It works well for me!
Trading for a living!
next month someone is saying dont trade usd pairs. maybe he is starting a journal for himself? u think? like a self advice?

he sounds like a scalper too
100% of traders are losers. Just that some win more than they lose!
you know clean

you say after a year in forex you got this fact

really for you the most suitable fact is that

forex can be easy if you dont trade any pair

traders like you always fail cause they dont see their faults
they see themselves always right and see the market is the wrong side
0 traders viewing now