Hi Guys,
Im fairly new to the forex factory forums, so ive decided to jump in with both feet and share what i got. I am a full time trader and have been for about 4 years now. I have been reading the posts and getting to know some of the "senior" traders on the forum and what amazes me is the complexity of the systems put forth by some of the members and the amount of deeeeep thought that goes into making a trade....when it comes down to it do they really think about it that hard just before they push the button??,, who knows!! My approach to trading is very simple. I use a simple set of rules (created by muahh) and a very simple trading system (theres only 2 indicators involved, mainly because they make me feel good teehee).
In addition to those 2 little ole indicators and oh yeah PRICE,,, i do use, pay for, and swear by 2 other things,,, the forex factory calendar,, and the Trade the News credit fx module. They haven not let me down yet. I also do some reading occasionally on the bloomberg and reuters sites, and i must recomend the book "trading in the zone" by Mark Douglas for anyone who has never read it,, or even if you have,, read it again!!! In the next few posts i will get some images, indicators and templates up in case anyone wishes to follow along but i will explain my little system in detail and post new trades daily. I will try to get setups in as i lay them out on my charts , sometimes i have time,, sometimes the markets move to quickly,, ill do my best
DISCLAIMER: I will not be held liable for any losses due to anyone following my system or my posts here. I use very small amounts of money compaired to my account balance, (im not trading a small account). What you do with your account is your business. I am simply putting information in this thread to try and explain a thought process which is very difficult to explain without "live" examples. If you must trade based on the information i have here do it at your own risk and in a DEMO account. DEMO - DEMO - DEMO,,, im not here to give investment advice.
Im fairly new to the forex factory forums, so ive decided to jump in with both feet and share what i got. I am a full time trader and have been for about 4 years now. I have been reading the posts and getting to know some of the "senior" traders on the forum and what amazes me is the complexity of the systems put forth by some of the members and the amount of deeeeep thought that goes into making a trade....when it comes down to it do they really think about it that hard just before they push the button??,, who knows!! My approach to trading is very simple. I use a simple set of rules (created by muahh) and a very simple trading system (theres only 2 indicators involved, mainly because they make me feel good teehee).
In addition to those 2 little ole indicators and oh yeah PRICE,,, i do use, pay for, and swear by 2 other things,,, the forex factory calendar,, and the Trade the News credit fx module. They haven not let me down yet. I also do some reading occasionally on the bloomberg and reuters sites, and i must recomend the book "trading in the zone" by Mark Douglas for anyone who has never read it,, or even if you have,, read it again!!! In the next few posts i will get some images, indicators and templates up in case anyone wishes to follow along but i will explain my little system in detail and post new trades daily. I will try to get setups in as i lay them out on my charts , sometimes i have time,, sometimes the markets move to quickly,, ill do my best
DISCLAIMER: I will not be held liable for any losses due to anyone following my system or my posts here. I use very small amounts of money compaired to my account balance, (im not trading a small account). What you do with your account is your business. I am simply putting information in this thread to try and explain a thought process which is very difficult to explain without "live" examples. If you must trade based on the information i have here do it at your own risk and in a DEMO account. DEMO - DEMO - DEMO,,, im not here to give investment advice.