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PeterFM trader's profile

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Vārds

PeterFM

Bio

http://peterfmsr.blogspot.com/

Tirdzniecības Stils

Simple Price Action around Support and Resistance areas. Predominately a Trend Trader.

Trades are generally placed with Limit Orders but I have been known to go straight to market when tired. Otherwise Buy/Sell Stops looking for Trend continuation if Limit Order not hit.

Profit Targets based on next S/R area and Partial Profits rarely taken - it's all in and all out. If I'm out too early, I wait for the next pull-back and trade that if the signals are right.

Moto

All I need is Support and Resistance

Pieredze

3-5 years

Atrašanās vieta

0

Reģistrēts

Sep 05, 2009 at 09:28

Blocked users

0

Recent PeterFM's Activities

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Grafiks

Systems by PeterFM

Vārds	Pieaugums	Kritums (Drawdown)	Pipi	Tirdzniecība	Kredīta plecs	Tips
S/R + PA	1.24%	1.55%	187.6	Manuāli	1:100	Demo

Jaunākās Publikācijas

in S/R + PA Mar 12, 2010 at 11:42

Details of the last AUDUSD trade. If you have any questions then please get back to me.http://peterfmsr.blogspot.com/2010/03/audusd-trade-3rd-march-2010.html-----------<a href='http://www.myfxb...

in S/R + PA Feb 16, 2010 at 21:30

Trades closed in profit and a new one opened. Here's a video outlining some thoughts on trade management.----------http://peterfmsr.blogspot.com/2010/02/audusd-16-feb-2010-trade-closed.html

in S/R + PA Feb 16, 2010 at 10:57

AUDUSD add-in trade 16 Feb 2010----------http://peterfmsr.blogspot.com/

in S/R + PA Feb 11, 2010 at 22:45

PipCollector is correct. Support and Resistance levels are easily determined by looking at the charts. My way is not unique but is based on a method that I haven't seen explained fully anywhere el...

in S/R + PA Feb 11, 2010 at 14:29

Last Aus trade closed with 74 pips profit. I thought at one stage we would hold above the most recent significant Daily close line at .8868 (shown in blue in this image) but price just took us out on ...

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.