Hi there, I am no expert on the bagovino method but perhaps I can try to help you out. Which way did you trade? I can see a bago signal for going short but none for going long. I assumed you went short?

Bagovino Method

Hey cmalzoni...if this is all new to you...read the MT4 help file as well as the bago thread in this forum. Its a lot of reading but you will be the better for it. The EA is an expert advisor and you can read up on those on the MT4 forum. The EA ...

Fully Customizable Bagovino Method EA

Buying in trend direction only? — Hi mikhail...great work on this EA. I wanted to know if there was a way to set this EA so that it would only buy Bago Signals in a certain direction. I was looking at the third MA option but up trend and down ...

Fully Customizable Bagovino Method EA

Recommended reading/research — hey stevie...nice work man...keep it up! Can you recommend any reading/research that you did for candle sticks formations, patterns & reversals? thanks.

Steviet's Live Trades!

hey stevie, is it only candle sticks that you use or also price action? How do you determine how many lots to risk? thanks.

Steviet's Live Trades!

Thank you Maxey and BK — I truly love this forum. It is very inspiring to see all this wealth of information be shared. I would truly like to thank maxey and bk for the amount of research and dedication that you guys have given to this ...

Let's Trade The News V 0.4 !

yea...i mean if its less -ve then thats a rising trend. Also, there is just being -ve and that is a bad trend. So when they say on FF calendar a rising trend, it just means that the number is better than before/projected right?

USD Trade Balance

With regards to reasons, I am looking for post analysis. While the trade is going on...i dont necessarily need to know why its moving in a certain direction because I am getting an idea of that. The NFP came in better than usual and thus the USD ...

Trading the NFP this friday

I have a question though...I can see what caused the market to spike in the USD's favour, but what caused the reversal after that initial spike and then the reversal of that second spike? I am in utter amazement....3 spikes in one day. Just looking ...

Trading the NFP this friday

Boy what an awesome day!!! — Man i love this market! I lost on about 3 trades but WOW! I have learnt so much! I have witnessed an awesome move, this market truly is terrific. I have learnt that you can NEVER take your eyes off the screen ...

Trading the NFP this friday

Thanks for the replies guys. I have been trying to learn how to trade in retracements and other market conditions. I won't trade retracements on smaller time frames such as 1h or 3m. but the 4hr and daily retracements can be huge! I know there is a ...

trade daily retracements?

hey aparsai...how is the USD worh 1% less now? wouldnt it be .01 (the change in the currency) / 1.90 (the old price of the british currency) = .5%? so my profit would theoretically be 1000 (in profit) * .5% (the devaluation) = $995 in approximated ...

How does one actually make money at forex?

thanks for the responses guys, the picture is getting clearer. Aparsai, I dont understand how my account decreases in value by 1% when the trade goes my way. Can you explain this please? thanks.

How does one actually make money at forex?

I guess its hard to grasp this concept because it seems that the relative value of the currency is the same whenever I sell it so to me it seems like I have less purchasing power, which is not necessarily true since I have made more currency from ...

How does one actually make money at forex?

so are you basically making money because the value of goods takes a while to devalue and you have extra money from selling your lots? I can kinda understand it when the USD strengthens because that would be my base currency in this example but ...

How does one actually make money at forex?

congrats on the big haul! keep these memories handy when things go ugly...they will give you inspiration!

Tired of making money!!!