ForexProdigy investments
http://pellucidfx.com/content/managed-accounts
*The page is slow to load because of all the info.
*This thread will be about everything to do with trading. I mainly focus on long term trades. sometimes I wont have a set up for a few days, but that is where patience comes in. There will also be a lot of Fundamental Analysis with some technical. I intend to provide eu/us session news and charts as well as asian session and overall direction based on fundamental impact of the current economic outlook. I tend to have some radical views on risk, money management. But I learned that from the wealthiest traders in the world via research and reading. So the cold hard truth may been seen here a lot, but that only makes it more fun
A little info about me
Hey guys, I have been through many ups and downs in my short career. The purpose of this thread is to show you some of my methods as well as learning new ones from you. I really want to help the new trader who wants to become a full time trader. It was my dream since I was in high school and it is finally starting to work out for me, I Manage a PAMM account at PellucidFx, which is currently 1st place.
I use a long term strategy with very simple indicators and I do the old school buy and hold. It's More of an investing approach but the profits can be substantial. I will post a trade that I just started. Aud/Nzd, just to give an example, it's not a big position but that is the point of this method. Start small and keep adding!
Only a few indicators are used and it is very simple, Look for a pair with a major bottom in place and a break above existing Trendline. Price action is the most important part of trading, if you can't tell why a pair is reacting a certain way, just dont trade it.
My reason for entry on this trade? RBA has toned down their dovish Bias, be it just a tad. We look for a retrace to test the 200 MA. We will add to the position when we break the next short term Resistance as noted on the chart. This is my own small account and not my PAMM account, it would be unprofessional of me to post trades I hold and make for investors.
Also I want to add, as most people know that have PM'd me. My name is Ian, My username is just because I have a love for music (guitarist,bass,piano) And Bob Marley was/is the best thing to happen to music. EVER! Calling me bob is still fine, I just wanted to get that out there
Last but not least, NEVER GIVE UP. The 5% of traders that fail do just that, lost a few k and blame the market for being "rigged". I lost a lot of money in my learning experience but one thing I never did was give up. I want to help some of you avoid the perils I had to go through to get where I am.
*My charts and Bias's are not trade signals. I just hope I can show you a clear path and reason for why we are moving in a certain direction. If you differ from my view I am more than welcome to hear/see your view.
*I am accepting new clients everyday, if trading is something you love but don't have the time for, E-mail me and we can talk. E-mail is listed in my bio.
http://pellucidfx.com/content/managed-accounts
*The page is slow to load because of all the info.
*This thread will be about everything to do with trading. I mainly focus on long term trades. sometimes I wont have a set up for a few days, but that is where patience comes in. There will also be a lot of Fundamental Analysis with some technical. I intend to provide eu/us session news and charts as well as asian session and overall direction based on fundamental impact of the current economic outlook. I tend to have some radical views on risk, money management. But I learned that from the wealthiest traders in the world via research and reading. So the cold hard truth may been seen here a lot, but that only makes it more fun
A little info about me
Hey guys, I have been through many ups and downs in my short career. The purpose of this thread is to show you some of my methods as well as learning new ones from you. I really want to help the new trader who wants to become a full time trader. It was my dream since I was in high school and it is finally starting to work out for me, I Manage a PAMM account at PellucidFx, which is currently 1st place.
I use a long term strategy with very simple indicators and I do the old school buy and hold. It's More of an investing approach but the profits can be substantial. I will post a trade that I just started. Aud/Nzd, just to give an example, it's not a big position but that is the point of this method. Start small and keep adding!
Only a few indicators are used and it is very simple, Look for a pair with a major bottom in place and a break above existing Trendline. Price action is the most important part of trading, if you can't tell why a pair is reacting a certain way, just dont trade it.
My reason for entry on this trade? RBA has toned down their dovish Bias, be it just a tad. We look for a retrace to test the 200 MA. We will add to the position when we break the next short term Resistance as noted on the chart. This is my own small account and not my PAMM account, it would be unprofessional of me to post trades I hold and make for investors.
Also I want to add, as most people know that have PM'd me. My name is Ian, My username is just because I have a love for music (guitarist,bass,piano) And Bob Marley was/is the best thing to happen to music. EVER! Calling me bob is still fine, I just wanted to get that out there
Last but not least, NEVER GIVE UP. The 5% of traders that fail do just that, lost a few k and blame the market for being "rigged". I lost a lot of money in my learning experience but one thing I never did was give up. I want to help some of you avoid the perils I had to go through to get where I am.
*My charts and Bias's are not trade signals. I just hope I can show you a clear path and reason for why we are moving in a certain direction. If you differ from my view I am more than welcome to hear/see your view.
*I am accepting new clients everyday, if trading is something you love but don't have the time for, E-mail me and we can talk. E-mail is listed in my bio.
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