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Posts by mcsuperb

Which trade to enter when there's more than one opportunity at the same time? in New Traders Oct 04, 2017 at 07:13
Hi Trader, Just wondering how you decide which trade to enter when there are several opportunities? Do you check the correlation and pick the one with the strongest trend? Do you use correlation at all to make sure not to trade two highly correlated pairs at the same time?
How to keep organized trading forex? in New Traders Oct 04, 2017 at 07:12
Wow everyone gives so much good advice. Thank you all for the input!
How to keep organized trading forex? in New Traders Oct 04, 2017 at 07:12
@hjacob Thanks for your advice. you made it very clear. just wondering how do you keep a journal?
How to keep organized trading forex? in New Traders Nov 10, 2016 at 08:18
I set up the separate layout (or its called workspace on tradestation) for each currency, say Major Pairs, EUR cross Pairs, AUD cross pairs etc. Each layout including 6-7 charts of pairing. At the same time, there's overlapping for each layout, say EUR/USD is in major pairs and also in cross pairs. So every day I pair up the overlap of weekly and daily Strongest 3 and weakest 3 to decide buy or sell. Any those pairs may appear on all different layouts at the same time...I made some money, but I have a hard time keeping organized. How do you guys keep your potential trades, current trades e...
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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.
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EURUSD
1.17919
GBPUSD
1.36275
AUDUSD
0.65701
USDJPY
143.804
USDCAD
1.35926
USDCHF
0.79167
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