Is Forex Profitable?

[blurinvestor]

weekly pivot

 

[Iamnasez]

Burin investor. Either my line cross back or hit my GSLO. Stick to the guns man. Stick to my strategy.

 

[blurinvestor]

Burin investor. Either my line cross back or hit my GSLO. Stick to the guns man. Stick to my strategy.

I do let my trade to run out most of the time.
The target 1.13XX might not come so soon. Most likely, PA will hover around 1.12XX, after a quick visit to 1.19xx.

Anyway, this pair is for SELL mode only, won't chase it up. Look far back to january till now, this pair has no value for meaningful trading.

 

[Iamnasez]

I do let my trade to run out most of the time.
The target 1.13XX might not come so soon. Most likely, PA will hover around 1.12XX, after a quick visit to 1.19xx.

Anyway, this pair is for SELL mode only, won't chase it up. Look far back to january till now, this pair has no value for meaningful trading.

Thanks blurinvestor for your advice, sticking to my own strategy. Win or loss of this trade will update here. 100% transparency in trading. Thanks for sharing. And normally how many post then i can start to get to post image. Heard my friend say edmw is GPGT one. HAHAHAHA

 

[blurinvestor]

Thanks blurinvestor for your advice, sticking to my own strategy. Win or loss of this trade will update here. 100% transparency in trading. Thanks for sharing. And normally how many post then i can start to get to post image. Heard my friend say edmw is GPGT one. HAHAHAHA

It is the fundamental that make make hesitate to chase EURUSD and all GBP up, regardless of how good my system indicating a strong buy signal.

I don't understand and experience Brexit but all I know that it brought about unfathomable uncertainty to eurusd and GBP. Market does not like uncertainty - hence holding sell till parity and go london for holiday (this I posted early this year).

As for EURUSD, I think smart money is accumulating short positions from low of 1.12x - 1.119x before sending this pair up for FOMC.

Maybe, AUD and CAD pairs offer better RR.

 

[[[ForeverAlone]]]

Guys noob question, still learning about forex.


tactically , in forex is

when the trend is going to moving UP = Sell or Buy?

just like stock? trend going to moving up = sell when down = buy in?

or different?


when moving up is buy , when moving down is sell ?

lastly what software you all use for mac?

I do know MT4 , that all.

 

[Владимир]

MoV ah MoV, if bullish trending, go long, if bearish trending, go short. Gotta speak the lingo, no? Can try cTrader, or other broker s' in house platform, or web based tool like trading view.

 

[[[ForeverAlone]]]

MoV ah MoV, if bullish trending, go long, if bearish trending, go short. Gotta speak the lingo, no? Can try cTrader, or other broker s' in house platform, or web based tool like trading view.

that mean different from stocks right, As I play stock , tactically is bullish SELL , bearish buy in

for Forex is kinda opposite


More like for cast , if noticed next trend is GO up , you will BUY in

if you noticed the trend seem going down you SELL in ,

close trade.

So basically on Forex is follow the trend

 

[blurinvestor]

that mean different from stocks right, As I play stock , tactically is bullish SELL , bearish buy in

for Forex is kinda opposite


More like for cast , if noticed next trend is GO up , you will BUY in

if you noticed the trend seem going down you SELL in ,

close trade.

So basically on Forex is follow the trend

Maybe this will help - Learn Forex Trading

 

[stsilverbullet73]

anybody with cmc? I may want to open acc maybe can earn referrals together.

>maybe<

 

[xersion]

anybody with cmc? I may want to open acc maybe can earn referrals together.

>maybe<

I have cmc account but nv use them

Sent from OPPO X9079 using GAGT

 

[blurinvestor]

anybody with cmc? I may want to open acc maybe can earn referrals together.

>maybe<

Hello, better learn and earn from price action than your "maybe"

 

[Iamnasez]

anybody with cmc? I may want to open acc maybe can earn referrals together.

>maybe<

Hi I'M using CMC

Yes, Finally can post the image. Yeah!

 

[Владимир]

that mean different from stocks right, As I play stock , tactically is bullish SELL , bearish buy in

for Forex is kinda opposite


More like for cast , if noticed next trend is GO up , you will BUY in

if you noticed the trend seem going down you SELL in ,

close trade.

So basically on Forex is follow the trend

forex is about learning to track the signal, observe the pattern to short or long, it is either long, or short or hold. there is a lot of things to learn, don't expect to jump into forex and earn BIG and QUICK bucks! yes, you can reach that level if you survive the draw down, stopout due to big news, NFP and such, fakeout play by big liquidity firms like hedge funds and big banks.
it would be years before you can make yourself a fx trader in a pool of big shark where 95% of the swimmer couldn't make it onshore. good luck.

 

[xersion]

forex is about learning to track the signal, observe the pattern to short or long, it is either long, or short or hold. there is a lot of things to learn, don't expect to jump into forex and earn BIG and QUICK bucks! yes, you can reach that level if you survive the draw down, stopout due to big news, NFP and such, fakeout play by big liquidity firms like hedge funds and big banks.
it would be years before you can make yourself a fx trader in a pool of big shark where 95% of the swimmer couldn't make it onshore. good luck.

Very well said....

Sent from OPPO X9079 using GAGT

 

[Iamnasez]

It is the fundamental that make make hesitate to chase EURUSD and all GBP up, regardless of how good my system indicating a strong buy signal.

I don't understand and experience Brexit but all I know that it brought about unfathomable uncertainty to eurusd and GBP. Market does not like uncertainty - hence holding sell till parity and go london for holiday (this I posted early this year).

As for EURUSD, I think smart money is accumulating short positions from low of 1.12x - 1.119x before sending this pair up for FOMC.

Maybe, AUD and CAD pairs offer better RR.

I trade all USD pairs Jpy pairs and all cross pairs. I don't trade chf pairs cause they don't provide any guarantee stop losses cause of the chf peg last year. I enter eurusd because it met my criteria for a long.

To enter trade i have 14 criteria need to be met before i enter the trade. But even with this 14 criteria, it also won't give you 100% of winning, but it just make you trade higher chances of winning.

 

[xersion]

What's the 14 criteria that u mention?

Sent from OPPO X9079 using GAGT

 

[blurinvestor]

I trade all USD pairs Jpy pairs and all cross pairs. I don't trade chf pairs cause they don't provide any guarantee stop losses cause of the chf peg last year. I enter eurusd because it met my criteria for a long.

To enter trade i have 14 criteria need to be met before i enter the trade. But even with this 14 criteria, it also won't give you 100% of winning, but it just make you trade higher chances of winning.

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

 

[blurinvestor]

if I'm the smart money, I will drive price lower.

 

[Iamnasez]

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

Yes that why you need a guarantee stop loss.