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Forex is profitable ?

BenTrader
Jan 25 2019 at 09:40
6 posts
Yes you are right. There are others ways as well.

But to the question if Forex is profitable, I would answer yes for sure.








AniLorak
Jan 26 2019 at 12:33
920 posts
BenTrader posted:
Yes you are right. There are others ways as well.

But to the question if Forex is profitable, I would answer yes for sure.









So, if you are unable to make money here; that means; you need to learn more. All the best.

GoldAbu
Jan 27 2019 at 09:27
8 posts
BenTrader posted:
Yes you are right. There are others ways as well.

But to the question if Forex is profitable, I would answer yes for sure.




Are you profitable? If so could you please share your strategy? I have been struggling a bit recently. I have a good week to start but lots of losing trades now

jamesgwyther
Jan 27 2019 at 09:46
289 posts
GoldAbu posted:
BenTrader posted:
Yes you are right. There are others ways as well.

But to the question if Forex is profitable, I would answer yes for sure.




Are you profitable? If so could you please share your strategy? I have been struggling a bit recently. I have a good week to start but lots of losing trades now


How long have you been learning?

AniLorak
Jan 27 2019 at 10:49
920 posts
jamesgwyther posted:
GoldAbu posted:
BenTrader posted:
Yes you are right. There are others ways as well.

But to the question if Forex is profitable, I would answer yes for sure.




Are you profitable? If so could you please share your strategy? I have been struggling a bit recently. I have a good week to start but lots of losing trades now


How long have you been learning?


Hello; this question depends on many parameters & you may notice; there have different types of scenarios in everywhere! But no doubt, learning is a long term process here.

BenTrader
Jan 28 2019 at 08:28
6 posts



Are you profitable? If so could you please share your strategy? I have been struggling a bit recently. I have a good week to start but lots of losing trades now

I only use Price Action and VSA. ( Only volumes on the charts , no indicators )

I also use a CSM that I have made coded, to find quickly a good pair to trade.
I focus myself on clear pattern on London and New York open.
Most of my analysis are made on H1 Timeframe.

I only take a position when I understand what is going on.





Nasrul
nasrul_poyo
Jan 28 2019 at 09:28
124 posts
BenTrader posted:



Are you profitable? If so could you please share your strategy? I have been struggling a bit recently. I have a good week to start but lots of losing trades now

I only use Price Action and VSA. ( Only volumes on the charts , no indicators )

I also use a CSM that I have made coded, to find quickly a good pair to trade.
I focus myself on clear pattern on London and New York open.
Most of my analysis are made on H1 Timeframe.

I only take a position when I understand what is going on.






Maybe you should start analysis with big timeframe.

Demetriof
Jan 29 2019 at 07:25
7 posts
Would you say that 1h time frame is too short? I thougt that would be considered a longer time frame. I thought that M15 or M5 were short and 1H and above were generally considered the longer time frames

niceGLer
Jan 29 2019 at 07:45
165 posts
Demetriof posted:
Would you say that 1h time frame is too short? I thougt that would be considered a longer time frame. I thought that M15 or M5 were short and 1H and above were generally considered the longer time frames


I vote for 1H, and I try to make my decisions based on that. I also use shorter time frames for estimating entries and exits, longer for support & resistance level analysis. I never have been using 1M and hardly ever 5M profitably. I think the shortest time frames are too expensive for a retail trader who is using a market making broker.

I think 1H is just ok. One can trade both long term and short term with it.

Adribaasmet
Jan 29 2019 at 12:56
947 posts
Demetriof posted:
Would you say that 1h time frame is too short? I thougt that would be considered a longer time frame. I thought that M15 or M5 were short and 1H and above were generally considered the longer time frames


No; h1 is not known as the longer time frame; H4 & above are known as longer time frames.

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