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What is the first thing after registering in myfxbook?
forex_trader_136673
會員從Jun 28, 2013開始
842帖子
Feb 12, 2014 at 18:33
EURJPY trailed stop loss got hit collecting additional +235 pips on average. I am flat.
NZDUSD on daily chart is shaping a gravestone doji candlestick pattern, signaling the top is near. Lets see what happens.
NZDUSD on daily chart is shaping a gravestone doji candlestick pattern, signaling the top is near. Lets see what happens.
forex_trader_136673
會員從Jun 28, 2013開始
842帖子
Feb 13, 2014 at 16:35
Got out of NZDUSD for a few pips profit. Don't like paying swaps and not much on the calendar, anyway the trade is still valid under 0.8435 and I am thinking about getting in again around 0.8390.
Feb 13, 2014 at 23:07
Hello Ardit,
first of all I'd like thank you for your kindest replies, I am following your tips, I jumped first on short for NZSUSD then I sold it and then on BUY and then sold it again taking some pips, at the moment I am studying the Elliott Wave on an Internet book in Italian my language but it is really for experts, it seems so.
By the way, I think I must take practice with the Metatrader to measure the retracement.
Thanks for now, I'll send you some good Italian wine then :)
Take care
first of all I'd like thank you for your kindest replies, I am following your tips, I jumped first on short for NZSUSD then I sold it and then on BUY and then sold it again taking some pips, at the moment I am studying the Elliott Wave on an Internet book in Italian my language but it is really for experts, it seems so.
By the way, I think I must take practice with the Metatrader to measure the retracement.
Thanks for now, I'll send you some good Italian wine then :)
Take care
forex_trader_136673
會員從Jun 28, 2013開始
842帖子
Feb 14, 2014 at 07:38
@mirange NZDUSD is valid under 0.8435. Just place the stop there and don't worry. It is a trade with well defined resistance. I'm waiting for 0.8390 and don't want to ruin a good month. Also I'm not that confortable paying swaps.
I'm not that far away, Kosovo.
I'm not that far away, Kosovo.
Feb 14, 2014 at 19:45
I wanted to inform u that we have got a good team of forex traders and let me truly inform that I was also one of the loosers but after a long time I got a gud team of traders and then my days got back. I lost almost all my money and I had only $90 remaining before 2 months but now I have $1600 balance on my account after 6 weeks and this is all with the help of my team members n obviously me.
So I would like to suggest u to once contact me personally so that I could show u my live performance. I hope this messages is going to b really helpful to u.
Thank you
So I would like to suggest u to once contact me personally so that I could show u my live performance. I hope this messages is going to b really helpful to u.
Thank you
forex_trader_136673
會員從Jun 28, 2013開始
842帖子
Feb 14, 2014 at 21:18
@badbuy
Nice try 😉
Nice try 😉
Feb 14, 2014 at 21:25
(已編輯Feb 14, 2014 at 21:26)
Yes it really looks like advertisement.. Ardit, excuse, but which instrument do you use? Metatrader, to measure the waves? thanks and have a good weekend I am 41 :) doing accountant in a company, but trying to learn this hobby / work
forex_trader_136673
會員從Jun 28, 2013開始
842帖子
Feb 14, 2014 at 21:39
Metatrader is a platfor for automatic trading and don't think it's good for manual trading and analysis.
I use Trade Station, platform from FXCM UK, a very good platform for manual trading. It is also supported for IOS (ipad and iphone) and android devices. I would highly recommend open a practice account with FXCM and get familiar with the platform.
Also a very good platform is Ninja Trader too, it is a paid platform. I am thinking about switching to Ninja, but Trade Station will do just fine.
I am 31 and banker by profession. Have a nice weekend too.
I use Trade Station, platform from FXCM UK, a very good platform for manual trading. It is also supported for IOS (ipad and iphone) and android devices. I would highly recommend open a practice account with FXCM and get familiar with the platform.
Also a very good platform is Ninja Trader too, it is a paid platform. I am thinking about switching to Ninja, but Trade Station will do just fine.
I am 31 and banker by profession. Have a nice weekend too.
Feb 14, 2014 at 21:52
Yes, intact the meta trader does not fit me, at the moment I am looking the graphics at on line investing web site they have a real good news, calendars and the platform, but it is just to read and cannot doing all the staff, ok I am going to follow the raccomandation, i'll be back :) Thank you and Enjoy
forex_trader_136673
會員從Jun 28, 2013開始
842帖子
Feb 14, 2014 at 22:01
Well second question is a little bit hard to answer in general, but I'll answer my experience.
I see trading from risk/reward perspective. My time horizon is wider than most of the traders you can find. I don't try to get rich fast on forex (not that I don't want too) because it involves a lot of risks. Here you can find a loot of traders who make 200-300% in a month, they get in great length to promote their trading, but in the end they loose all. Best way to go it to limit risks as much as possible, always to calculate what you are willing to loose (stop loss) and never risk loose more than 1% on a trade and never trade more than 3 pairs. So I define risk not with lot size but with % of risk.
To be honest, 1-3% monthly gain is perfect and everything above that is additional risk. Yearly gain 20-25%. In my country time deposits on banks is about 1% yearly why not feel comfortable with 20% a year in forex.
I see trading from risk/reward perspective. My time horizon is wider than most of the traders you can find. I don't try to get rich fast on forex (not that I don't want too) because it involves a lot of risks. Here you can find a loot of traders who make 200-300% in a month, they get in great length to promote their trading, but in the end they loose all. Best way to go it to limit risks as much as possible, always to calculate what you are willing to loose (stop loss) and never risk loose more than 1% on a trade and never trade more than 3 pairs. So I define risk not with lot size but with % of risk.
To be honest, 1-3% monthly gain is perfect and everything above that is additional risk. Yearly gain 20-25%. In my country time deposits on banks is about 1% yearly why not feel comfortable with 20% a year in forex.
Feb 14, 2014 at 22:32
Done, I made a demo account at FXCM in italian, plus I have noticed that is the same platform that I have already seen in a webinar, and fits on iMac, wonderful, but another thing to study :)
About the average income, yes you are right, the money management that I am studying, it looks that is going to save the little account I do have, but, I have lost all the little capital, because I traded in 6 - 8 trades each time, and let say I was lucky for 1 month or so, then my account was rewetted and failed because I did not fixed the stop losses, now I have learned.
Yes 3 pairs, it is good and never more than the 1% of capital, but, the account I do have in demo, ok, now I have 2 demos, but the normal bank, it opens a position and just the 1% limit, but cannot fix the stop loss and take profit, just a point that I don't like.
Ok I'll study more, thank you
About the average income, yes you are right, the money management that I am studying, it looks that is going to save the little account I do have, but, I have lost all the little capital, because I traded in 6 - 8 trades each time, and let say I was lucky for 1 month or so, then my account was rewetted and failed because I did not fixed the stop losses, now I have learned.
Yes 3 pairs, it is good and never more than the 1% of capital, but, the account I do have in demo, ok, now I have 2 demos, but the normal bank, it opens a position and just the 1% limit, but cannot fix the stop loss and take profit, just a point that I don't like.
Ok I'll study more, thank you
forex_trader_136673
會員從Jun 28, 2013開始
842帖子
Feb 16, 2014 at 12:20
I don't know about mac but there is a publisher that works fine in windows. I don't have experience with macbecause all my life I used only windows, but there must be a way.
forex_trader_136673
會員從Jun 28, 2013開始
842帖子
Feb 17, 2014 at 10:44
Closed 1/2 of NZDUSD about +30 pips moved stop to b/e at 0.8390. Price needs to break 0.8285 to confirm the top.
Feb 17, 2014 at 14:04
nd what about this Chart ?? 3 Months of working already...more than 90% Profit and 10% Drawdown...I highly recommend. Minimum invest is 2.5k, Trading is made in Ironfx Broker.
http://www.investing.com/traders/myforexcoach-1
If you want more details or interested to invest, just send a private message here in Myfxbook .
:)
http://www.investing.com/traders/myforexcoach-1
If you want more details or interested to invest, just send a private message here in Myfxbook .
:)
forex_trader_136673
會員從Jun 28, 2013開始
842帖子
Feb 17, 2014 at 14:38
Nice try!
forex_trader_136673
會員從Jun 28, 2013開始
842帖子
Feb 18, 2014 at 08:12
A dip op GBPUSD to 1.6535-1.6468 and dip on USDCAD to 1.0828-1.0766will present good buying opportunities.
forex_trader_157787
會員從Oct 22, 2013開始
12帖子
Feb 18, 2014 at 08:35
Ye right...
