Trade4Profit's Profile | Myfxbook

Trade4Profit's profile

	Message
Name: Jacob
Bio: My name is Jacob, I'm 21 years old, and I leave, breath..and eat forex. I grew up with an addictive love towards the stock market, but as I aged to 17 years old (Around the 2008 financial crisis) I started to look towards different markets to trade. I discovered the foreign exchange market shortly after, and fell in love with everything about it. I loved the economics behind currency volatility, I loved the hours of the market. I loved the risk. I loved it all.
Trading Style: I use Price action and bollinger bands. My charts are pretty clean. If there are too many indicators, not only could it confuse you, but it also congests your chart and makes it harder to find candlestick patterns, etc.
Motto: "Losses happen, Limit them. "
Experience:	3-5 Years
Location:
Vouchers:	0
Registered:	Feb 11 2012 at 09:01

Recent Posts All

In What Technical Indicators do you rely on before entering a trade? Feb 14 2012 at 07:42

Thanks Alphasys. I've been relying on bollinger bands to catch small trends, which has been good to me so far, but I wanted to know what other indicators I should use.

In What Technical Indicators do you rely on before entering a trade? Feb 12 2012 at 07:39

Many traders have different trading systems. My question to experienced traders, is: What technical indicators do you rely on before entering a trade? AND What time frame do you trade? example: ...

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Rightmove House Price Index (YoY) (1h 9min)

Forex Flash: EUR/USD, H&S pattern may carry t...(18 min ago)

All Quotes
AUDUSD	0.97546	USDCHF	0.96892
EURJPY	131.437	EURCHF	1.24489
EURGBP	0.84541	GBPJPY	155.44
EURUSD	1.2845	GBPUSD	1.51894
USDJPY	102.322	USDCAD	1.02732

EURUSD	1.2845	GBPUSD	1.51894
USDJPY	102.322	USDCAD	1.02732

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.