New to learning to trade
Apr 26, 2014 at 15:44
565 Visa
5 Replies
Medlem sedan Apr 25, 2014
1 inlägg
Apr 26, 2014 at 15:44
I want your opinions. Is it realistic to shoot for a 50 pip gain per day? Is that possible on average? If not what is more realistic?. Secondly since I am on the west coast of the US and will only be able to dedicate time after work. like 4pm on. What might be the best pairs to start to follow?
Thanks in advance
Thanks in advance
May 06, 2014 at 19:23
My first mentor recommended looking for 200 pips per month. However, I would say that kind of goal is highly dependent on how you trade. If you are taking trades off daily charts, banking 50 pips every day may be pretty tough.
As far as pairs to follow... I stick with the major currencies:
EUR, GBP, AUD, USD, CAD, CHF, JPY
And find the pairs that suit your system well.
I personally use:
EURUSD, GBPUSD, AUDUSD, EURJPY, AUDJPY, NZDUSD, USDCHF, EURCAD, CHFJPY, GBPCHF, EURAUD, CADJPY, GBPCAD, GBPAUD, AUDCAD, NZDJPY, EURNZD, NZDCAD
Hope that helps...
As far as pairs to follow... I stick with the major currencies:
EUR, GBP, AUD, USD, CAD, CHF, JPY
And find the pairs that suit your system well.
I personally use:
EURUSD, GBPUSD, AUDUSD, EURJPY, AUDJPY, NZDUSD, USDCHF, EURCAD, CHFJPY, GBPCHF, EURAUD, CADJPY, GBPCAD, GBPAUD, AUDCAD, NZDJPY, EURNZD, NZDCAD
Hope that helps...
The Trend is your Friend. ~~
Medlem sedan Jun 09, 2011
186 inlägg
Jun 19, 2014 at 12:18
I prefer to scalp on certain pairs that I have a higher winning % on, keeping most of the trading holding duration from a second to a few mins. But you need high computational power and a very very good connection to your broker for this to happen.
50 pips a day, you need a pair that has high volatility. GBPJPY or GBPUSD or USDJPY.
50 pips a day, you need a pair that has high volatility. GBPJPY or GBPUSD or USDJPY.
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Medlem sedan Jun 08, 2014
413 inlägg
Jun 19, 2014 at 20:47
Hi guys
i like your discussions ,it is so useful
thanks
i like your discussions ,it is so useful
thanks
Medlem sedan Jun 09, 2011
186 inlägg
Jun 23, 2014 at 04:34
Abdul2012 posted:You're welcome
Hi guys
i like your discussions ,it is so useful
thanks
http://www.freeforexrebates .info
Medlem sedan Jun 09, 2014
138 inlägg
Jun 24, 2014 at 18:48
Yeah, thanks for me too. Every little bit of knowledge helps, even that which is reinforcement.
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