fundamentals still stand but it seems the dollar is appreciating little by little for the time being. im sure you know what ure doing but, i like to press my attack on a usdx leg down. right now i big move was made and the shut down averted. us ...

EURUSD

venice lol i told you it usd/chf was getting ready to drop banked good profits. it was out of sync at some point it needed to come back to the mean. esp after oil prices going up the euro expecting rates, usually investors flock to the frank to ...

EURUSD

thanks for the advice but i belive youre wrong ure just regurgitating the perpetual myth of forex. STOP LOSS are dangerous i would ask you to reconsider your approach

How to survive in forex? Help please!

1- i pride my self in being smart and a fast learner i began trading in january. to be consitent i needed a strategy, and i found my style of trading couple of weeks ago 2-now, i'm a wholistic trader, i look at price action, and technical analysis ...

Deconstructing how to trade

you see the way i limit my exposure is waves of attacks, im not all in with high leverage. i snowball my position i initiate a scout position with minimal leverage to feel the market and continue to press my attack as i feel the strength or movement ...

How to survive in forex? Help please!

i find trading fun and facinating, but i do see where youre coming from you trade the trend and market structure, then i agree you DO need a stop loss as you dont actively manage your positions price can turn on you and wipe you out.

How to survive in forex? Help please!

i actively managage my trades and when i position trade i do a little different. i attack price direction when actively manage and i reduce my exposure by scaling out, but maintain postion with a scout 5mini lots usually. gives me breathing room and ...

How to survive in forex? Help please!

like you said each has its own strategies. However i learned this from a interbank, cetral bank of singapore trader, FTI look up technical analysis fallacy, its an eye opener, granted my style is a little different than his however, the volatility ...

How to survive in forex? Help please!

let me ask you a question. what do you need a stop loss for? you are letting your liquidity provider know your plan and as you position your sitting duck level away from perssived volatility many traders are doing the same. the broker will hunt your ...

How to survive in forex? Help please!

correct. oil, gold commodities, interest rates, CB policies and announcements watch for interventions, look at GDP, unemployement, manufactoring data, thats all fundamentals. when you look at technicals open a daily of all the majors and check what ...

How to survive in forex? Help please!

its all BS trading is easy stop using stop loses dont have profit targets dont use indicators be nimble, be flexible the only important thing in forex is the USD if you know what its doing you know how to trade GBP EURO AUD all trade against USD if ...

How to survive in forex? Help please!

and if i get in to trouble i can have the confidence to hold my ballz and wiggle my way out of a losing trade. knowing that you are in the right direction gives you the freedom and serenity to not panic even with a 100 pip move against you. i use a ...

newbie questions on daily pivot points

actually you are mistaken i rarely hold a trade longer than 3 days, i could if i want to. since the begining of the year DOLLAR WEAKNESS. is the trend in EVERY CURRENCY. i day trade, and i swing trade, i dont have deep pockets, i have a mini account ...

newbie questions on daily pivot points

takes independent research. here at forex factory all the news releases and important events are in the front page. research oil and gold prices, and comodity indexes, url great site for dollar indexes url another good site for forex news and ...

newbie questions on daily pivot points

sure, traders use them around the world, i used to use them but they really tell you nothing. if it opens above central pivot they say go long if below go short. not always the case. some indicators "work in some market conditions all the time, in ...

newbie questions on daily pivot points

i dont see commodities dropping gold is at 1459 and oil 108, the exact price doesnt matter, thats what i have learned, that in trading 1.4200 is the same as 1.42500 as long as the trend and the overall movement continues upwards, fluctuations will ...

EURUSD

sisse's got it, when the FED move the ECB will be in trouble so far, problems are avoided. in the mean time trade the bullish trend, sell the EURO when its time to sell. howeve for precautions i closed my >200 pip profit on this baby, i want to make ...

EURUSD

ever since i changed my way of trading, i see things a lot more clearly now. the dollar continues to weaken across the board, it is not your EURO,GBP,CHF, charts that will tell you whats going on. look at interest rates, commodity prices, oil and ...

EURUSD

dont worry about them, just like anything else they are just numbers/lines on YOUR chart. the price doesnt actually see them. try using the USDX to gauge the strength of the USD that is the only thing that matters, look at the inflation index, ...

newbie questions on daily pivot points

closed my longs, the euro appears to be taking a breather. i still expect bullish momentum due to interest rate hike on the 7th and continued dollar weakness ( ill be watchful the fed started rumbling on interest rates, if the usd strengthens this ...

EURUSD