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Can you Succeed like this

bobbie (skiilodge)
Aug 04 2012 at 11:45
5 комментариев
If you only used the market phase to judge which way to enter. You use price action for support and resistance along with trendlines to enter and exit the market. if you read individual candles and not the patterns. if you did ONLY this to trade the forex market could you succeed at this?

S.elf K.nowledge I.s I.mportant L.iving O.ur D.reams G.rowing E.veryday
James_Bond
Aug 05 2012 at 06:27
556 комментариев

skiilodge posted:
If you only used the market phase to judge which way to enter. You use price action for support and resistance along with trendlines to enter and exit the market. if you read individual candles and not the patterns. if you did ONLY this to trade the forex market could you succeed at this?


I do use support and resistance with no indicators at all, however reading only individual candles would literally hide the whole picture - why wouldn't I do that? Is that a rhetorical question, or is it indeed the way you trade?

TheLastBear
Aug 06 2012 at 09:13
186 комментариев
I hope that is not the way you trade.

James_Bond
Aug 06 2012 at 12:51
556 комментариев

TheLastBear posted:
I hope that is not the way you trade.


I'm not sure that is even possible. It's like running with closed eyes.

TheLastBear
Aug 07 2012 at 13:24
186 комментариев
I am quite sure people will try.

John Vianny (Connann)
Aug 11 2012 at 09:17
28 комментариев
I thought the goal is succeeding in forex market, not gamblin!

TheLastBear
Aug 13 2012 at 13:14
186 комментариев
Connann posted:
I thought the goal is succeeding in forex market, not gamblin!


You are absolutely right.

dlathrop
Aug 13 2012 at 23:58
33 комментариев
Connann posted:
I thought the goal is succeeding in forex market, not gamblin!


I like to gamble. All in EUR/USD!!!!

There are risk-lovers and there are risk-haters, but the best traders will take the risk as long as they get paid for it.
skyjack777
Aug 15 2012 at 21:26
55 комментариев
So if you look at one candle at a time? Even when I play two up once a year I wait for the forth flip to put my $5 on the line. For me (this week) it's trending towards price action looking for three one set up. Google price action and spend the week on it. We are in the new traders section and I'm very much a new trader. Look at what the experience people are saying.

James_Bond
Aug 16 2012 at 13:04
556 комментариев
skyjack777 posted:
So if you look at one candle at a time?


What information would you extract from one candle? When you're trying to solve a problem, the more information you have, the easier it would be to get to the solution. Therefore, you should look back on several time-frames to get the full picture.

Just my 2c.

skyjack777
Aug 16 2012 at 13:51
55 комментариев
The point I was making... In two up even when the first, second or tenth throw is a gamble, they are taken in context against the spinners luck. Trading FX is totally different, as you say the information around the one candle is important. My comment was my way of saying look at what the experienced people are saying and rethink things by googling price action. Again it's a new traders area, a place to learn.

RobSchiz
Nov 18 2021 at 19:24
535 комментариев
skyjack777 posted:
The point I was making... In two up even when the first, second or tenth throw is a gamble, they are taken in context against the spinners luck. Trading FX is totally different, as you say the information around the one candle is important. My comment was my way of saying look at what the experienced people are saying and rethink things by googling price action. Again it's a new traders area, a place to learn.

Success in this market mainly depends on your trading knowledge and trading ability.

Tradelist45
Nov 19 2021 at 09:42
177 комментариев
success is really a big deal because need a long time experience with great level of patience .
 for that reason most of the traders lost interest after passing sometime. its a real story

Davidfx89
Nov 19 2021 at 16:14
87 комментариев
in Forex trading i still never face about success but i have seen so many times to losses.

skihav
Nov 20 2021 at 09:12
521 комментариев
Everyone can achieve success. As for me, the main thing is to just work on yourself and correctly assess your capabilities.

GraceGilm
Nov 26 2021 at 16:20
154 комментариев
skihav posted:
Everyone can achieve success. As for me, the main thing is to just work on yourself and correctly assess your capabilities.

Well, all the same, probably not everyone, some, even with a strong desire, cannot understand the whole work of Forex

davemack
Nov 29 2021 at 03:58
38 комментариев
Traders can be successful in forex. Trading should always be done with an open mind and heart. Never listen to other traders who say that this bot is good or this or that indicator is the best. Forex trading should be open to your decisions depending on your judgment.

miguelcaron
Dec 02 2021 at 05:16
45 комментариев
Success in forex trading depends upon a lot of things, but the main thing is discipline to follow an effective trading strategy. If you are a beginner, you should adopt both long-term and short-term trading strategies because it increases the chances of getting a significant profit.

LyudmilLukanov
Dec 03 2021 at 05:44
735 комментариев
A good trader is one who is putting the least time and effort and gets the maximum out of it.

Seb King (sebking1986)
Dec 07 2021 at 21:06
223 комментариев
Use whichever means allow for you to take the highest probability setups. There is no prize for the way in which you trade. Target one is keeping your capital and target two is growing it. Taking the highest probability setups is the best way to do that. Why handcuff yourself in trying to do that?

If you can't spot the liquidity then you are the liquidity.
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