A trader does not have to lose before you make profit in the Forex market

Well if it is zero-sum, then that would mean it is possible to create a 100% accurate system. Since "money" is simply shifted in the market. If one slice of the cake gets bigger another slice would get smaller. Problem is...whats the equation for the calculation to determine that kind of accuracy.

I am long A/CAD at 8715.

SL at 8540. Trading from I-phone. May not have so much access to charts.

I am long E/Y at 112.77. SL at 110.76

Moved Sl to BE on E/Y. Reason I am able to take the A/CAD. Risk remains constant.

Happy trading day. C u later

I moved SL on E/Y to 40pips trailing. Charts on I-phone not very good and precise, but could still manage

Half closed on E/Y at +60pips

Increased lots on A/CAD at 8720

Nothing has changed. Just took some money off the table. Risk remains the same

Whoever held the E/A trade of 2 days ago must be laughing by now. I didn't. I only had about +180pips there. Ity's now at almost +1000pips. Not too bad for 2 days

E/Y remaining half closed. May reenter later. Trading on 30min TF. No 6hr TF on I-phone

May be taking another AUD-based position in 15 mins. No full formation yet

mr helper, can u share more with us about your entry requirements?
I think I speak for everyone here when I say we still have little idea as to what you're trying to say.


If your problem with the idea is the fact that there is no central control to track every trade, then you should be made aware that just because there's no central tracking, the whole process is simple enough to be boiled down to simple equations.

Here the simple fact we'll need to figure this out

When you buy/sell anything in the market, you only get filled when someone else is willing to take an equal and opposite positon


Now, if we can get past this simple idea, we'll see that everytime u buy something, someone else is selling it. In other words, when you make money, he's losing money. Some get confused by the fact that it's possible that the guy selling you the product makes money too. Rest be assure that whatever money he made was made off some poor sap who lost the money to him, or somewhere down the chain.

You don't need to keep track of every single trade to know that the domino effect carries on till somewhere down the way, a resolution is reached(equal number of winners to losers).

First, I use 6MAs to trade. I trail my SL with the 10 and the 15 MAs mainly. TF does not matter. The method works on every TF. Atimes, I discard the method myself and try to trade based on what I fell the market is saying fundamentally. Unfortunately, i end up loosing because it always revertsed back to the system. From then, I just learned to follow it even when I do not believe it is right. And 80% of the time, probably more than 80%, it is right. I believe in fundamentals, but I think it is true that technicals already reflects the fundamentals. I will leave the A/CAD running. I am trading on I-phone, so would not like to enter many positions, so it will not spiral out of control. I think A/Y and A/CHF too are good to go long now, but I will not trade them.

Closed A/CAD at +60pips. On the move. Could not take further risk. Will talk to you all jwhen settled in Dublin. Have a wonderful trading day

happy pips.

This is not the forum for trading journals, when are you going to reveal us the secret code of Matrix, I say, Forex?

I am long E/Y at 113.07

SL is 111.60

Still on the move. Will be more precise when I settle down for the 2-day hols in Dublin

Long E/U at 123.85. SL at 122.48