Is Forex Profitable?

[Perisher]

Your graph is very pretty sia like the Aurora borealis.

 

[blurinvestor]

Your graph is very pretty sia like the Aurora borealis.

It is make of multiple MAs. Can make all kind of colours.

 

[blurinvestor]

sometime princess will peep at my indicators and tell her brother you still got hope

 

[Perisher]

sometime princess will peep at my indicators and tell her brother you still got hope

How young are they? Can read the graph?!!

 

[blurinvestor]

How young are they? Can read the graph?!!

1 jc and 2 upp secondary.

But she didn't realize that 0.42 is like walking on thin ice

 

[blurinvestor]

That's all for today - 35 pips

 

[blurinvestor]

Do some homework, read this, if you are confused by which time frame to trade - http://www.dailyfx.com/forex/education/trading_tips/daily_trading_lesson/2012/06/18/The_Time_Frames_of_Trading.html

But don't follow their video or whatever advice there . Tis is serious - don't.

If you want video follow rayner.

After you watch rayner for a while you might know why I hesitate to talk about how to hold long trade - it will be repeating and boring. But the $$$$ is yummy.

low time frame - exciting, more nonsense for me to write

 

[blurinvestor]

This indicator looks promising on hindsight. Sell at the red dots, buy at the green dots.

Don't be fool by it cos the dot will keep jumping. So when you hit the buy button the dot will continue to jump down, you will get a big draw down or margin call.

 

[blurinvestor]

That's it for today.

Btw, rayner does have a pretty good website with good info.

 

[Genesis]

lol.. where to read up how play forex for dummies??

 

[blurinvestor]

lol.. where to read up how play forex for dummies??

http://www.babypips.com/school

Start from pre-school

 

[blurinvestor]

If you have read this -

http://www.forexfactory.com/showthread.php?t=163972

and you have spotted these in Daily Time Frame -

 

[blurinvestor]

then you go to H4 time frame when London open at 3pm (local time) or US open at 8pm (local time) to enter your trade -

sorry, 4th candle should be US open

 

[blurinvestor]

or you can go to M5 to hunt for your best entrance -

If you are able to catch the top, please share

Yes, I will still follow the major downtrend and continue to swing trade the downward momentum. This is where I differ from rayner cos I continue to trade be it accumalation, consolidation, distribution or sideway.

But remember close the trade where there is/are news coming.

After you have decided how much you want to give market (your Stop Loss), take profit target and after you have hit the sell button - TURN OFF your computer. Let the market decide for you. Esle you will see stars

 

[blurinvestor]

Closed GBPUSD and EURUSD. Tonite got news.

From here on I will not post the daily result for some valid reasons my princess pointed out to me.

 

[blurinvestor]

If you wanna listen to boring news that make money go up or down -

http://www.bloomberg.com/live/emea

 

[blurinvestor]

http://www.babypips.com/school

Start from pre-school

You can also go to this university for the best trading dictionary -

http://www.investopedia.com/university/movingaverage/

It also define the fishing net as moving average ribbon and explain the usage.

 

[blurinvestor]

This is the indicator I go to before hitting the buy/sell button

 

[blurinvestor]

I continue to experiment with new indicator. Not that I am looking for holy grail but as technology advanced couple with better understanding, many coders are able to come out with better indicators. I just downloaded this indicator and watching how it perform, it could become my keeper or I might just drop it.

Look cool, yet to see how it works

 

[wahkao3]

I continue to experiment with new indicator. Not that I am looking for holy grail but as technology advanced couple with better understanding, many coders are able to come out with better indicators. I just downloaded this indicator and watching how it perform, it could become my keeper or I might just drop it.

Look cool, yet to see how it works

back test it?