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- phoenix777 replied Feb 24, 2024
Clear and insightful explanation. Your ability to articulate complex concept in simple way is remarkable, i think you should write a book about trading forex.
Price Action Powerhouse: Unveiling S&D vs. S&R for Smarter Trades
- phoenix777 replied Feb 6, 2023
Thank you for the answer. Your explanation is very straight to the point. It makes perfect sense. So far i have no more question, i will try to put it in practice And i hope you will still post more nugget here. Thanks
Trading Forex is Hard
- phoenix777 replied Jan 30, 2023
Thank you for your clear explanation. Regarding risk reward ratio, how you determine the potential reward. image Do you think below is the proper level identification? I think in this case, it is the clear leg kind of trade image
Trading Forex is Hard
- phoenix777 replied Jan 28, 2023
Thank you Jens and Jay It takes time for me to respond this post because there are so much information presented First impression is i was wrong about how you might trade, i thought you only pick nearest resistance or as you said as just any ...
Trading Forex is Hard
- phoenix777 replied Aug 26, 2022
"It is easy to hate and it is difficult to love. This is how the whole scheme of things works. All good things are difficult to achieve; and bad things are very easy to get." - Confucius
My way of seeing the market
- phoenix777 replied Aug 25, 2022
Reason why you should trail your stop (let your profit run).
Trading Forex is Hardimage
- phoenix777 replied Feb 26, 2022
i dare not say we shouldn't trade right now, because i think it's very personal how each of us see the market. But for me, it's dangerous, i only targeting small pips, any sudden news or unexpected moment can cause slippage that will make any SL not ...
Trading Forex is Hard
- phoenix777 replied Feb 25, 2022
"Avoiding volatile days, or let's say days with a high risk of explosion, is pragmatic tail-risk reduction"
Trading Forex is Hard
- phoenix777 replied Feb 18, 2022
I am just a student here, so it's better to learn from veni and Jens, i believe they are profitable for more than 2 years.
Trading Forex is Hard
- phoenix777 replied Feb 18, 2022
it's hard to explain it. The key thing is momentum. you only need to follow the flow. but make sure you pick a trade setup that has high probability, thigh stop loss, and large profit potential image you see this recently closed trade, i don't ...
Trading Forex is Hard
- phoenix777 replied Feb 10, 2022
Hi veni, I can not reply your PM. I use round number indi from here url I attached it twice on the chart. i put 5 and 50 in step value Hope it helps
Trading Forex is Hard
- phoenix777 replied Feb 9, 2022
image If we are patient, there will be many good setup trading short time frame
Trading Forex is Hard
- phoenix777 replied Feb 8, 2022
someone once said: The majority of traders lose because there is a powerful inherent tendency to trade against momentum in an effort to time the top or the bottom of a price move
Trading Forex is Hard
- phoenix777 replied Jan 24, 2022
Talking about cognitive biases. "They asked people to make specific choices between various alternatives. Kahneman and Tversky first had participants choose between one of the two gambles, or prospects: Gamble A: A 100 percent chance of losing ...
My way of seeing the market
- phoenix777 replied Jan 17, 2022
“I looked at the price charts and analyzed them, and they didn’t look random to me,” he says. “They looked kind of random, but not completely random. I felt there had to be some anomalies in this data which could be exploited.” url Do you agree ...
Is forex education misleading or everyone is stupid?
- phoenix777 replied Jan 17, 2022
Have you watched this video? url
Is forex education misleading or everyone is stupid?