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- ForexStrong replied Oct 10, 2018
What about yours? What is that one thing that made all the difference? Without getting into a long diatribe on "My Forex Journey" let me say this. There is no "one thing". I believe the 10,000 hour rule applies here just like most things. The only ...
- ForexStrong replied May 12, 2018
The argument for the one pair trading makes alot of sense. However, what do you do when said pair goes into a 30 pip range for a number of days? This will effect your performance dramatically not to mention weigh on your mind. The mistake we all ...
- ForexStrong replied Apr 16, 2018
Interesting wish I would have seen that on Friday. Thanks!
- ForexStrong replied Apr 16, 2018
@smikester NZD- is overbought in my mind. Mainly, I like the chart at this point. Risk/Reward is worth a shot to me.
- ForexStrong replied Apr 15, 2018
Using this as a place setter for this position trade. Going to long this trade on the open. Will add to position on each pull back beyond the 5 period ATR. Will take some profit on each move above 5 period ATR. Close trade on move below 1.3720 ...
- ForexStrong replied Apr 3, 2018
Themes CAD finally released on some NAFTA news. Need to be leery as headline risk is a major "redflag" here. As I'll highlight. image Yen pairs look to have put in at least a short term bottom. A move below 104.50 (USD/JPY) for me to flip this ...
- ForexStrong replied Apr 2, 2018
Themes: Equities are driving the Yen pairs. Watching the 2585 area in S&P as a pivot for risk. Liking USD/JPY if we see 105.20 area. CAD seems to be a "Bank" favorite. So buyer beware. All it's going to take is one bad NAFTA headline to cause you a ...
- ForexStrong replied Feb 21, 2018
Good luck with this. However, I think the spread you'll pay is going to get the better of you at some point.
- ForexStrong replied Feb 21, 2018
Not to mention you guys looking for indicators to be make entries. You're literally trying to "outsource" the work which is lazy. Here is an idea: Educate yourself on Interest Rate Deferential Watch Commitment of Traders Data Read some bank reports. ...
- ForexStrong replied Feb 21, 2018
Not saying this is not a good start. However, in a picture here is what knowledge of Price Action does for me. image
- ForexStrong replied Feb 19, 2018
@Jacobokey12 There are a number of educators that can teach you Price Action. Plenty of stuff on Youtube to get you started. If you want my personal recommendation PM me.
- ForexStrong replied Feb 18, 2018
Not my idea but one that follows "some" logic. If you use the USD/SGD ($/Singapore) as a measure of USD strength its a better measure (in my opinion). Most indexes (DXY or the BB Dollar index) are way overweight on EUR influence. Here is the logic: ...
- What are you going to do this weekend to get better?
Rookie Talk, What are you going to do this weekend to be a better trader on Sunday night or Monday? ...
- ForexStrong replied Feb 14, 2018
Putting on a winning trade is easy. Making a living is hard.
- ForexStrong replied Feb 13, 2018
Correlation are important (in my opinion). They can help you time trades and give you an idea on when to exit trades. The important thing to remember is a "correlation is good until it ain't". url
- ForexStrong replied Feb 12, 2018
Read and find everything you can on Chris Lori or FT71.
- ForexStrong replied Feb 12, 2018
If I can change one trader's mind then I will consider this a success. "Price" is one and only indicator you need. As someone who wasted 5 years testing indicators and losing money I can tell you without equivocation you're wasting your time with ...
- ForexStrong replied Feb 12, 2018
Best pairs to trade short term- GBP/USD EUR/USD Would favor CABLE or FIBER daily ranges are larger. Swing Trades AUD/USD USD/CAD USD/CHF NZD/USD Smaller daily ranges. The only time I would touch these intraday would be on some data or rate ...
- ForexStrong replied Jun 8, 2015
I agree. Looks like most of the other pairs are getting some USD strength. We'll see If the USD strength persist hoping for an entry in Aussie for break of .7600. May not come until later though.