matforex
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Posts posted by matforex
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Forex is not a goldmine, but a place where we can create a goldmine. Creating a goldmine is not a simple matter. It is such a vast sea fishing. Sometimes we get a little fish, sometimes we get a lot of fish and there are times we do not get fish. Boat is like our capital. If we know how to handle the boat so we will not be sunk. The same with forex, if we can manage our capital, we will not get a margin call. If we want to get a lot of fish we need to know when the tides and the currents. Similarly, we need to know eliott forex wave to create a goldmine.
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The best indicator is how to use it correctly with optimum parameter at the right time. Nothing wrong with indicator but human always do the mistake with wrong decision and repeating with same mistake. We always see the market in same way with same formula that the biggest mistake that traders always did and when they expect market will follow their direction.
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Re: Why Not to Trade MA Crossovers..
We can use ma crossing as the entry point as long as it pass throught S&R area. Fibo and next S&R as the target area. Divergence and news to see any turning point. Choose the suitable TF based on how many pip we want. Always put SL at below or after S&R area and dont forget MM and risk reward.
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Re: How Detrmine if Market is Trading Sideways?
Almost trending market during London session and sideway session during asian session. There are too many factors influence the market. I used MA 21, 50 and 200 to determine the trending session and use bolinger band and stochastic when I trade during consolidation session. Hope this can help
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Re: How many pips you gain per day?
target 10 pips consistantly but actually got more
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Re: wps system
I add bolinger band to make it clear trend
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Re: Darimana saya harus mulai Forex?
guna google taip tutorial forex pasti jumpa
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Re: Hedging is out
use fxopen ..dont support USA brokers useless regulation
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Re: Trade Like a Dealer
the save is follow the trend and dont be greedy
Trade like George Soros
in Trading Systems and Strategies
Posted
He ask people to buy because he want to sell that the contrast formula he always use.