Loading...
Continue to Myfxbook.com
Continue to Myfxbook.com
Čeština
Deutsch
English
Español
Français
Indonesia
Latviešu
Melayu
Polski
Português(Brasil)
Português(Portugal)
Slovenčina
Svenska
Türkçe
Vietnamese
Русский
हिंदी
ไทย
日本語
简体字
繁體中文
한국어
Sign In
Sign Up
Open an account with FOREX.com
FX Tools:
Economic Calendar
Interest Rates
FX Calculators
News
spreads
Sentiment
Forex Heat Map
Correlation
Market Hours
Home
Saffire
Posts
Share
Share this page!
Advertisement
Posts by
Saffire
What Are Your Golden Rules?
in
New Traders
Mar 06, 2019 at 08:36
Greetings Everyone!I hope that some of my tips helped you shape that trading behavior. This evening I want to talk about ATR and how to use it (again, google is your friend on what is ATR, how is calculated and variations of the formula). In short, ATR = SL (I'm taking some liberties here for the sake of simplicity). What ATR does is to measure the volatility of the asset so that we can measure 2 things: Where will my SL&TP needs to be and how long will it take to hit that target.In the Excel example I have used 4976 days for the EURUSD pair to measure the average volatility(marked...
What Are Your Golden Rules?
in
New Traders
Feb 17, 2019 at 09:37
Hello everyone,A few years ago and even to this day I ask for help on the forums. I will try to summarize some experiences that have helped me along the way.First, unless you are a good programmer and can be on top of your robot, technical analysis is not based on rules, it's just an indicator.The books that teach technical analysis are dated, old (most written in the 70s) and are backwards looking. (Everybody can see an ascending triangle after it was formed). You don't need more than some lines on the chart because:Trading is done outside of the platform. Yes, it is true. The Chart p...
20 trades to become millionare - is it possible?
in
New Traders
Feb 17, 2019 at 08:03
Hello everyone,@DarkForex, you raise an interesting point allow me to offer some insight.First, I think it is valuable to separate pips and money. The value of a pip differs from one pair to another and from one broker to another, also the value of the pip changes according to the conditions. The value of the pip should be found either on the broker's page or more likely on the fine print in the Terms&Conditions. Calculating a $ return with pips just doesn't work.Second, you have to account for trading costs which can vary again from pair to pair and broker to broker. The most ...
You have an Ad Blocker!
Myfxbook is a site supported by advertisements. Here are two ways for you to continue browsing:
Ad Free Subscription
or
Disable your Ad Blocker
Already subscribed?
Sign In
You're not logged in
This feature is available for registered members only.
Registration is free and takes less than a minute.
Click the sign up button to continue.
Unless you're already a member and enjoying our service, then just sign in.
Keep up to date with the markets
Enable notifications to receive real-time important market updates:
Economic Calendar
Forex News
You can disable notifications at any time from your browser.
Unblock Notifications
You've blocked browser notifications for Myfxbook.com. Please enable it:
You can disable notifications at any time from your browser.
PREVIOUS
CONSENSUS
ACTUAL
