Hi
I'm new to forex factory and have been taking in all of the helpful information it's been great to see a good positive bunch on this forum as I have been a member of other forums and the atmosphere was not so friendly. I started trading forex in 2006 / 07 somewhere in there - I was new to it and had some success which was great until 2008 came along and I was completely out of sync and I lost an account and my confidence - It has been a long climb back up and each and every day I thank goodness that I have changed for the better and am still alive and trading. That dark period was bad... so bad I almost gave up on trading forex totally. However I am not one to just quit and throw in the towel soaked with tears of failure and these day I have a bit of a different perspective on trading and I hope that I can help some people in the forex learn some of the things I needed to learn way back when I started.
A little bit about my style of trading:
I'm an opportunist that will take a trade on any pair in any direction. Sometimes I'm wrong and sometimes I'm right, no matter how wrong or right I am I am always patient. This is what I learned in the dark days - PATIENCE! I fit for no particular category of trading as I will take an opportunity anytime I think/feel it's in my benefit.
I am starting this thread for my own benefit first and I hope that it becomes a benefit for anyone one who reads it. Not sure if anyone will get anything from it but I hope they do.
I will post my analysis here and charts to show why and where I'm going to enter trades. When I enter a trade I will post the entry as soon as I can simply because I am not in front of my computer at all times of the day.
I welcome comments and pokes of fun etc
My postings will always include the following
Charts - I will do my best to explain what I'm seeing on a chart.
Entries - If I make an entry I will take a snap shot of it and post it - this entry will show the entry price and pips gained / lost - I do this for my own purposes as it creates a data point for myself and for readers to see if I made pips or not!
Exists - I will posts my exists when they happen as soon as I can.
Stop losses - I don't always use a stop loss immediately when I place a trade - there are reasons for this that will become apparent as the thread progresses
I hope some folks find my posts helpful and encouraging
I know plenty about forex but I'm no guru or master - there is always something to learn from somebody and for that I'm all ears! So post your thoughts please and be nice
If you post a trade in this thread please post it in a similar manor - No one needs to see your bottom line on an account but it's nice to see pips made or lost for real so please post the entry marker or trade info so that we can all see the real deal.
Happy trading for all! Lets get started with my first post which will display what I think should be a staple in anyones trade posting!
Cheers!
I'm new to forex factory and have been taking in all of the helpful information it's been great to see a good positive bunch on this forum as I have been a member of other forums and the atmosphere was not so friendly. I started trading forex in 2006 / 07 somewhere in there - I was new to it and had some success which was great until 2008 came along and I was completely out of sync and I lost an account and my confidence - It has been a long climb back up and each and every day I thank goodness that I have changed for the better and am still alive and trading. That dark period was bad... so bad I almost gave up on trading forex totally. However I am not one to just quit and throw in the towel soaked with tears of failure and these day I have a bit of a different perspective on trading and I hope that I can help some people in the forex learn some of the things I needed to learn way back when I started.
A little bit about my style of trading:
I'm an opportunist that will take a trade on any pair in any direction. Sometimes I'm wrong and sometimes I'm right, no matter how wrong or right I am I am always patient. This is what I learned in the dark days - PATIENCE! I fit for no particular category of trading as I will take an opportunity anytime I think/feel it's in my benefit.
I am starting this thread for my own benefit first and I hope that it becomes a benefit for anyone one who reads it. Not sure if anyone will get anything from it but I hope they do.
I will post my analysis here and charts to show why and where I'm going to enter trades. When I enter a trade I will post the entry as soon as I can simply because I am not in front of my computer at all times of the day.
I welcome comments and pokes of fun etc
My postings will always include the following
Charts - I will do my best to explain what I'm seeing on a chart.
Entries - If I make an entry I will take a snap shot of it and post it - this entry will show the entry price and pips gained / lost - I do this for my own purposes as it creates a data point for myself and for readers to see if I made pips or not!
Exists - I will posts my exists when they happen as soon as I can.
Stop losses - I don't always use a stop loss immediately when I place a trade - there are reasons for this that will become apparent as the thread progresses
I hope some folks find my posts helpful and encouraging
I know plenty about forex but I'm no guru or master - there is always something to learn from somebody and for that I'm all ears! So post your thoughts please and be nice
If you post a trade in this thread please post it in a similar manor - No one needs to see your bottom line on an account but it's nice to see pips made or lost for real so please post the entry marker or trade info so that we can all see the real deal.
Happy trading for all! Lets get started with my first post which will display what I think should be a staple in anyones trade posting!
Cheers!