sabtron

Re: Why am I learning Forex?

I can give u simple advice:

You Don't have to trade.

Don't Chase the market.

Let the market come to you.

The gurus will tell you patience...

I hope and believe your persistence will pay off..

SmartFx

Re: Price Action, Naked trading only

Coming from trading naked I almost see every thing naked nowadays =))

Basically I follow a simple principle using D1 find the overall Trend.... wait for a reversal as the trend starts to continue wait for the break of the second bar after the last one on the reversal or enter using the classical 1,2,3 setup.....

Trading naked is fun because u only need to check the chart once and know what is happening.

Cheers

Re: Scalping...is this a waste of time or can you....

I have looked at Scalping in depth. Here and there you find some really good ideas, products and services.

 

What worries me about scalping is of this is NOT automated....unless you are super consistant...one will not be able to have for example a 3:1 win to loss ration all the time.

 

From what I understand you need to have consistant results to call it a system...else it is gambling.

 

What do you think?

It is about time you visit Cyrox.com they are the master of scalping currently as far as I know...

Scalping does not have to be in Lower TF. I scalp in D1 and H4 and yes it is profitable...

At the same time I trade longer tooo.

Just Rethink and find what works for u

Regards

Hello,

Guy, ever wondered why your crossover plans sometimes fails??

- Cross over does not mean the market is turning... does it? Remember this is comparison of 2 MA of different period not what the price is doing..

- Best way to trade the cross over wait for the cross and confirm the trend by having the 2 MA running all most in Parallel and widening this means we have a strong trend..

Hope this observation will help someone.

Regards