- Search Metals Mine
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econbizer replied Mar 9, 2017I think the lady is talking about ulterior motives. It's not worth your time learning from this guy then. Personally, trading conflicted with my religion. For eg, I found the best trade setups to be where people feel the most pain & cut their losses ...
The Paved Road to Success for the Average Joe (or not)
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econbizer replied Mar 7, 2017You are welcome! Yes there is a way. Look back on the highest importance new releases on the economic calendar for USD & EUR related releases. What was the 1 to 15 min swing high & swing low formed by the news release. OR google "eurusd huge spike ...
anyone need help?
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econbizer replied Mar 7, 2017Rates are set by the buyers & sellers in the market. There is no centralised exchange for fx. fx trades by deep pockets r over-the-counter via the various banks. They watch each other's quotes. algo-trading brings all quotes from the fragmented fx ...
anyone need help?
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econbizer replied Mar 6, 2017I feel you. I am also in a similar circumstance. Family comes first. That's why we have to sacrifice something else like sleep. You are on your way to succeed. seeing you wake up at 4.30am, you are hardcore. It is great to see such passion!! ...
The Paved Road to Success for the Average Joe (or not)
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econbizer replied Mar 5, 2017I gathered this from all the podcast interviews, articles I listened/read, with successful traders. Some took 10, some 5. Rarely less than that. This is the approx duration for the average joe who had a smooth sailing life, with no mentor. There are ...
The Paved Road to Success for the Average Joe (or not)
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econbizer replied Mar 1, 2017nice ideas using fib fans. I have not explored these. Great gold long! a bullish engulf bouncing off the high formed by the recent fomc minutes. possible tgt at purple line. a partial tgt could be on the weekly chart, towards the swing high formed ...
Price is everything
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econbizer replied Mar 1, 2017LOL. This is indeed ridiculous. Giving away your ID & proof of address is giving a free pass for him to do things like opening betting accounts with bookies OR worse.. borrowing $ from loan sharks. NEVER give such personal info away. If you insist, ...
Price is everything
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econbizer replied Mar 1, 2017If you intend to trade of fib retracements on dd/ss zones that are at less obvious levels, trading of indiv bar patterns like pins, engulf will yield higher e(v). the most obvious zones r those that were swing highs/lows created by impt news ...
Price is everything
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econbizer replied Mar 1, 2017Hi maxx7, I'm not a pro trading this method specifically. All I do is simply place limit orders on H4 origin of spikes, if it is inline with my trend view. eg. place limit longs @ demand zones to buy dips. I trade higher tf with this method as I ...
Price is everything
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econbizer replied Feb 28, 2017Thumbs up to you. the traditional way shown here was just to fade at origin of spikes. You seen this for just a couple of weeks & you have seen what many have missed. By using fibs + inner trendlines. you have increased your edge severely. Add ...
Price is everything
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econbizer replied Feb 25, 2017exotics like nok sek mxn chn r good for theme trades, when they start to trend. eg. the just past US elections.. divergence in bco & cad/nok only trade them on defined themes & then with momentum..it's always tough to catch the first leg. define a ...
Is there anyone out there actually trading NOK, SEK, DKK?
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econbizer replied Feb 22, 2017Excellent point! every trader who has struggled long enough will come to the point where he/she must discover a style that is balanced with his/her personality. If you are always looking to do something, long term swing trading stocks for eg may not ...
The Paved Road to Success for the Average Joe (or not)
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econbizer replied Feb 22, 2017the reality of trading is as such. the good news is that there is a way to accelerate & perhaps half this timeframe.. that is to learn from successful traders. I'm talking market wizards, well known traders who published books. search for podcasts ...
The Paved Road to Success for the Average Joe (or not)
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The Paved Road to Success for the Average Joe (or not)
Started Feb 12, 2017|Rookie Talk|27 replies
The aim of this post is to warn would be traders of the harsh & long road to success. here ...
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econbizer replied Feb 3, 2017usdjpy fell short of my tgt before turning on a much better than expected nfp. I moved my stop to breakeven. price then proceeded to taking out my original stop. This implies bearishness. looking to short usdjpy on pullbacks.
Money flows: Trading the strongest / weakest major currency cross
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econbizer replied Feb 3, 2017Another way I use flows is to track the stronger/weaker pair. For eg the above usdjpy was overtaken by cable. pound is stronger than dollar but capped by a line. Looking at gbpjpy, it is capped by a H1 supply zone above. This may imply usdjpy may ...
Money flows: Trading the strongest / weakest major currency cross
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econbizer replied Feb 3, 2017Use pinbar / bull then bear engulfed alerts on a higher timeframe. A pinbar on a lower timeframe is a double top/bottom. This may not detect all double top/bottoms, but it is a good starting point. I would be interested in such a double top/bottom ...
I will code your EAs and Indicators for no charge
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econbizer replied Feb 3, 2017I experimented with a way to use flows on a longer term basis (other than scalps). For eg. a live long trade unfolding now on usdjpy, targeting the next defined level. I see a H1 double bottom on usdjpy & a successful breakout retest of the ...
Money flows: Trading the strongest / weakest major currency cross
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econbizer replied Jan 29, 2017I'm beginning to understand trading flows is a very scalp based method. The primary consideration for most fx wannabes is that we do this on a part time basis. As unknown4x mentioned, u can spot flows 3-4x a day. This ultimately means you need to be ...
Money flows: Trading the strongest / weakest major currency cross
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econbizer commented Jan 17, 2017I was lucky enough to had sense to download most of Moritz's futures videos off youtube before they (tradeciety) decided to take them off. Doesn't look like they're coming back anytime soon, likely due to the site's focus on fx. Worth a good look. ...
Why I Switched From Forex To Futures