EUR/USD

OswaldO69 posted:
Best is to study professional the forex markets and instruments, candles and patterns and then a method to predict the future movement of a index value of a instrument like EUR/USD, I guess... The stress is in the amount of study materials, hours of webinars, etc. Not in setting a trade and profiting.

Stress is in setting a trade and losing, in my opinion. Or experiencing the fear of loss.

That's why I tell people to get professional help ,only takes about 20 mins a day checking what you need to check,an hour once a month,losing is part of the game as long as we can stay in the game with minimum loss and max gain.

snapdragon1970 posted:
That's why I tell people to get professional help ,only takes about 20 mins a day checking what you need to check,an hour once a month,losing is part of the game as long as we can stay in the game with minimum loss and max gain.

Professional help with trading or professional help with one's emotional state? Or both? :D

Where can you get professional help?

mlawson71 posted:

snapdragon1970 posted:
That's why I tell people to get professional help ,only takes about 20 mins a day checking what you need to check,an hour once a month,losing is part of the game as long as we can stay in the game with minimum loss and max gain.

Professional help with trading or professional help with one's emotional state? Or both? :D

Professional help with trading does help with the emotional side,when I first got training it does make you look at trading in a different light.

TheWatcher posted:
Where can you get professional help?

check in your area for ex bank traders or hedge fund managers running courses

snapdragon1970 posted:

mlawson71 posted:

snapdragon1970 posted:
That's why I tell people to get professional help ,only takes about 20 mins a day checking what you need to check,an hour once a month,losing is part of the game as long as we can stay in the game with minimum loss and max gain.

Professional help with trading or professional help with one's emotional state? Or both? :D

Professional help with trading does help with the emotional side,when I first got training it does make you look at trading in a different light.

Good point. When you're more confident in your trading skills you're also less anxious about your actual trading.

mlawson71 posted:

snapdragon1970 posted:

mlawson71 posted:

snapdragon1970 posted:
That's why I tell people to get professional help ,only takes about 20 mins a day checking what you need to check,an hour once a month,losing is part of the game as long as we can stay in the game with minimum loss and max gain.

Professional help with trading or professional help with one's emotional state? Or both? :D

Professional help with trading does help with the emotional side,when I first got training it does make you look at trading in a different light.

Good point. When you're more confident in your trading skills you're also less anxious about your actual trading.

Yes that's true, you also get an idea of how professional traders think in a situation,usually opposite to what retail think.

snapdragon1970 posted:

mlawson71 posted:

snapdragon1970 posted:

mlawson71 posted:

snapdragon1970 posted:
That's why I tell people to get professional help ,only takes about 20 mins a day checking what you need to check,an hour once a month,losing is part of the game as long as we can stay in the game with minimum loss and max gain.

Professional help with trading or professional help with one's emotional state? Or both? :D

Professional help with trading does help with the emotional side,when I first got training it does make you look at trading in a different light.

Good point. When you're more confident in your trading skills you're also less anxious about your actual trading.

Yes that's true, you also get an idea of how professional traders think in a situation,usually opposite to what retail think.

Do you speak from personal experience? I confess I haven't had the opportunity to talk to professional traders much, so I don't know how they think most of the time.

Yes,you can checkout the guys who trained me,their site is iift.ie ,I would highly recommend them ,my training was in class and live trading days, well worth it,they have online classes too.I have no connection with the company.

I'm loving eurusd right now. Great upwards trend. I'm going to ride this out for as long as possible

is it going to last?

EUR/USD is my lucky trading pair , because I can make profit 90% by using my trading strategy with support of this trading pair which is actually mainly considered the most popular and usable bass pair in Forex trading.

Mohammadi posted:
EUR/USD is my lucky trading pair , because I can make profit 90% by using my trading strategy with support of this trading pair which is actually mainly considered the most popular and usable bass pair in Forex trading.

It is definitely the most popular pair, but I am not sure whether it is the most usable one.

Yes, this trading pair is very successful for trading using channel strategy. And at the moment there is a possibility
that the price will move upwards towards the resistance. And the nearest target is 1.20309.

RudolfSAnt posted:
Yes, this trading pair is very successful for trading using channel strategy. And at the moment there is a possibility
that the price will move upwards towards the resistance. And the nearest target is 1.20309.

That is true, but I, personally, wouldn't open a long right now.

The traders who are particularly beginners have to choose the pair which has comfortable trading spreads and not volatile as like EUR/USD. This can be great for them to lead a comfortable trading life with certainly , because the market is too much volatile and any volatile trading pair can be dangerous for the newcomers due to lack of exact market principle.

EURUSD is not volatile. It is probably the best moving pair

EUR/USD - I am expecting dollar to raise, but will be waiting the price to touch 1.1810/20 for finding a place for another sell with tighter stop :)