You dont need to learn all the fundamentals ....go to babypips.com and learn all important term and how it affects market or atleast how to prepare for it.
http://en.wikipedia.org/wiki/Nonfarm_payrolls
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DislikedFirst it started with this.
I saw the post and start to match up many many time frame to GET into the trade.
Cracked my head with Daily TF.........
move down to 4Hr.......now.......i start to seeing what Master Arjun trying to give everyone a head start on this...............lol
The 4 hr TF 200EMA had been a very STRONG support for WEEKLY TF. Ureka.........
Next day........i opened One hour TF.. now start to see much more clearer vision...........lol
Now price is making HH, HL. and already above 1hr .200EMA.......Ignored
DislikedTechnically yes it is....but you should always follow the 200 ema rule in the begining.
Thats Above 200 ema only long ...
Below 200 Ema only Short .
Look at daily , than 4hr and than 1 hr and than 15 min...you will get idea which way we should look for entry.Ignored
Dislikednon farm payroll ....its employment data ...volatility increase during these releases..
You dont need to learn all the fundamentals ....go to babypips.com and learn all important term and how it affects market or atleast how to prepare for it.
http://en.wikipedia.org/wiki/Nonfarm_payrollsIgnored
DislikedTop left is from GJ- 15min. I got in on the pin off the 10ema put my stop just above the pin bar high.....
Top Right is from EU-15min. Got in at the rejection of the RN. TP was at 10 EMA.
Bottom one is from UC-15min. Got in at the pin bar rejection of the 10 ema (green line). Stop was taken out.Ignored
Disliked[color="Red"][size="5"][b]
WHEN I LEAVE THIS THREAD.I WILL SEND FEW FOLKS(GOOD SOULS)THE CANDLES THAT HAS MADE ME THE PERSON I'AM TODAY.AND THE SETUPS TO TAKE THEM.THIS IS WHAT I KEEP CRIBBING IN THIS THREAD AS BIG SECRETS.IM SURE LOT OF THEM KNOW HOW THEY APPEAR.ITS JUST THAT THEY WONT KNOW HOW TO INTERPRET THOSE CANDLES INTO A SIGNAL..THIS IS TRICKIEST PART.
SAME CHART SAME CANDLE FOR THE WHOLE WORLD.BUT WHY IS MOST LOSE MONEY AND SOME FOLKS KEEP BUILDING WEALTH.WHAT IS THE WRONG YOU ARE DOING?AND WHAT RIGHT THING THEY ARE DOING?
WHEN...Ignored
Dislikedthe ADR for this pair is only 56 pips today due to news it reached 76 there was a heavy sell off since its friday there was profit taking aswell...Ignored
DislikedFirst chart:
Against the 200ema rule...but still i think you lost that trade coz of high spread on GJ...do not attempt these..stick to the 200ema rule...since you are starting out.i would have taken itCT not for newbies...
2nd chart ::
That is not a rejection...wrong trade...probably frustration lead you to take this one.again against the 200ema rule....CT not for newbies....
3rd chart:
That PIN dint work...there could be number of...Ignored
Disliked" WHEN I LEAVE THIS THREAD "I hope you're not leaving soon, LE?
This all sounds fascinating.... I'm just looking for 10, 15, 20 pips a day that's plenty for me.
rorieuIgnored
DislikedTechnically yes it is....but you should always follow the 200 ema rule in the begining.
Thats Above 200 ema only long ...
Below 200 Ema only Short .
Look at daily , than 4hr and than 1 hr and than 15 min...you will get idea which way we should look for entry.Ignored
You don't need thousands of pips and huge trades either. In fact, you only "need" a relatively small number of pips per day to become extremely wealth.
Starting with only 100.00, and gaining only 20 pips per day one can grow to over a million dollar account in 467 trades. At one trade a day that is about 23 months assuming no losses during that time, but wait, it gets better!
If you do that with a beginning balance of 1000.00, it only takes 350 trades, even less time. 17.5 months to be exact. If you use a little higher leverage, even less time.
Forex is one of the areas of life where a small edge like sticking to the same strategy long enough to master it, can make a huge difference.
DislikedCONGRATULATION MASTER ARJUN
YOU HAVE MADE YOUR THREAD TO SURPASS ONE MILLION VISITOR IN 10 MONTHS FROM WHERE IT STARTED.
This is Global Thread......I see many visitor from many countries.
We are here because of one Great Mentor who are Generous enough to share his Trading method. No language. politocal. rece. religion, status, age............. barrier
...Ignored
DislikedCONGRATULATION MASTER ARJUN
YOU HAVE MADE YOUR THREAD TO SURPASS ONE MILLION VISITOR IN 10 MONTHS FROM WHERE IT STARTED.
This is Global Thread......I see many visitor from many countries.
We are here because of one Great Mentor who are Generous enough to share his Trading method. No language. politocal. rece. religion, status, age............. barrier
...Ignored
DislikedThese charts are for people struggling to see the reasoning of the MAs being used.
Each MA on the 15m chart represents the 10 EMA on an higher TF.
I hope the attached charts will help to make it clearer.
Remember 10 EMA is King.Ignored