Is Forex Profitable?

[blurinvestor]

trail stop loss? This do I have to experiment till I got an answer of when and why to use trail or not.

 

[blurinvestor]

Last time i also don't use stop loss. But when i saw chf, I decide to place a Guarantee stop loss. We won't know what will happen to every currencies in the future,

There goes my 23k

 

[blurinvestor]

now you are playing with the house money set your target turn off your computer if you are not as emotionless as i am

 

[blurinvestor]

an extended stay on a spot is not a good sign. Smart money is accumulating orders. If there is too much longs that entered late (Near the pivot), or huge amount trailing stop loss at the pivot, etc. They might do a u-turn, or temporary U-turn. Every retail trader is hoping to see the real order flow which I still not able to hack into

 

[blurinvestor]

sometime I have to decide

 

[blurinvestor]

Sometime turn off the computer is a good strategy
trail with 50 pips secured

 

[blurinvestor]

This is where my EMOTION goes haywire.

 

[blurinvestor]

cold swear. Hence, turning off my computer is stress free.

What have I learned? I learned that EMOTION is one big factor to tame for me to be a better trader.

 

[blurinvestor]

I think I have document more than enough info for myself to learn.

I believe that Forex is profitable when I put in effort to learn.
I had tried many systems and I settled with these combination -

Weekly Pivot.
Support and Resistance.
Look to the Left.
Price Action (candle formations)

All materials are freely available on the internet.

Wish me luck as I embarked on my learning journey.

Good Luck all.

 

[blurinvestor]

Deutsche Bank Near Settlement With US Justice Department

what a relief?

 

[blurinvestor]

Deutsche Bank Near Settlement With US Justice Department

what a relief?

‘if something is too good to be true, it probably is’?

Deutsche Bank Near Settlement With US Justice Department

the following is more truthful -

Ten People Who Will Be Key in Deciding Deutsche Bank’s Future

Sell The Rumor, Buy The News or Buy the rumor, sell the news

as this rumor and news continue - I become happy in a day and sad for the longer time I ever being sad. Yesterday, green green, very happy, so sad will soon come ...

how I wish i can think straight

 

[blurinvestor]

Hahaa. Hopefully let me be the first one to share profitable MA trading. But my trade seldom have don't know have to wait how long again haha.

While waiting for your next set up, I humbly suggest you to read this -
Combining Forex Spot And Futures Transactions

Do a research and digest it.

I am re-reading this to help me fall asleep - LONG-TERM SECRETS TO SHORT-TERM TRADING

 

[blurinvestor]

I had learned that drawing my map, putting down my expectation to sharpen my skill does not cost me any money.

As long as I don't chase price up and down.

Patience is something I have to master.

 

[blurinvestor]

I had learned that drawing my map, putting down my expectation to sharpen my skill does not cost me any money.

As long as I don't chase price up and down.

Patience is something I have to master.

no fish, no stress

 

[blurinvestor]

important news this morning -

after these late morning news, AUD pairs might give more value.
now mapping expectation on AUD pairs to find some probability and good RR.

 

[blurinvestor]

28-09-2016
JPY - seems to me BOJ might intervene soon, purchasing officers had just completed their purchase of raw materials.

sometime info give me an edge
don't wait for kuroda or abe to spill nonsense they are one of the piglets.
Look at their manufacturing sector - when are they buying raw materials, when they start production. When they need to export, when they need to import.

again my nonsensical nonsense that might offense people who believe the forex is governed by incorruptible people.

 

[blurinvestor]

sometime u-turn come about when they is a huge option waiting to be expired not vanilla option. Sometime it is the huge future sitting there.

I believe Option and future are the best indicator for smart money.

Smart money is in forex spot, do they play future and option?????

If i follow smart money, should I play future, cos, future is so transparent????

 

[blurinvestor]

high impact news soon, spike might take me out if it dosen't hit TP by then.

 

[blurinvestor]

closed shop before rate news

Big thank you to -
Kathy Lien

 

[blurinvestor]

On a serious note on YEN -

this is one of the guy I follow - Eamonn Sheridan

Idea of BOJ foreign-debt buying, "Viable if not taken as FX intervention"