as recommended before, like trading news like fomc, nfp etc, gold is the first to jump or fall, use buy sell stops away from live rates like 5-10points away at least , so its unlikely u go against the trend, and always trade with stop loss. ...

Aussie Trading Room and Cartoons Gallery

learn candlesticks patterns and naked chart first, learn to identify the chart itself without anything pure clean chart is all u need, even after years of trading, all seasoned traders fall back to pure charts,, no indicators, no boilinger bands, ...

Pairs to trade for beginners

i will be camping to long below parity on aud/usd again, 0.94-0.97 would be good place to long again, for swap swap swaps.

AUD/USD

having a track record is just one part of it, everyone have their own trading style and risk appetite and their own ways of money management. Discipline trading and following a particular system in all trades execution is what's sought for, even in ...

Proof That Ultra Profitable Trading Is Indeed Possible

1 question, why is the position not cut when its already reached break even after being underwater for sometime? Is it because of the swap, you wanted the position to turn green more so u can compensate the swap? It's not really ideal to nurse a ...

Some Days are Diamonds and some days are Stones!

just sharing my point of view. First of all, as very basic about risk and money management that will generate and build good trading ethics is to be conservative first as a retail trader, though different personality suits different risk appetite, ...

Proof That Ultra Profitable Trading Is Indeed Possible

No, that's not what i am saying but what supertrader is referring, he said that he wants to achieve about 10% growth per day, with 3% risk per trade. Assuming 3% risk is $300 each, he wants to make $1000 at 10%. If a trade is taken at 3% risk, tell ...

Proof That Ultra Profitable Trading Is Indeed Possible

i wont post analysis here to scare you, but before anything i want to share with you some trading ethics and behaviors of what most retail traders commit. and perhaps if you ever got the chance to close this, take a break and stop trading and ...

Eiman's Trading Journey

if u said about 10% per day, and risk is 3% means ur per rr is about 1:3 technically. per trade 3% ? meaning u might be having many trades of 3% to build a 10% growth? you might want to rework on your risk management

Proof That Ultra Profitable Trading Is Indeed Possible

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AUD/USD

i don't usually post charts anymore as everyone have their biasness/perspective, but here's are some perspectives of price on the chart that i done for the last 2 months of 2012. I don't trade price on any biasness of bull nor bear. I always trade ...

AUD/USD

4 hours image image

Aussie Trading Room and Cartoons Gallery

i don't usually post charts anymore as everyone have their biasness/perspective, but here's are some perspectives of price on the chart that i done for the last 2 months of 2012. I don't trade price on any biasness of bull nor bear. I always trade ...

Aussie Trading Room and Cartoons Gallery

not bad, keep it up.

Trendline Traders

if you are trading those not so known pairs, their spreads are high. Common pairs are like eur/usd, gbp/usd, nzd/usd, usd/jpy, eur/jpy, aud/usd. exotic pairs like gbp/Nzd, eur/AUD, usd/sgd have higher spreads, and not ideal to trade for beginners. ...

Pairs to trade for beginners

good mentality , never to nurse a trade and hope for reversal to only get into more negative margins, find a high probability set up with low risk and small stop loss, get out because the trade wont work, find a new set up again, eventually 1 big ...

FX Invest Fund

lets just share ideas about the trade itself, and not trading system/style, everyone have their own personality[ risk appetite, patience ] and preference [mentality]. Each have their own, so no point to debate. Some are using martingale, some are ...

AUD/USD

correct, good observation. eur and gbp tend to be more fundamental and emotional pair, best trading method is always to use buy sell stop on them as they always drag from one to another then bounce quite quickly too, so tp on eur and gbp if not long ...

AUD/USD

down up down up, and get out. trade with no bias.

AUD/USD

aud/usd is good for training technical trader, eur/usd is very fundamental and trend biased. actually all pairs are the same, i would recommend you studying one pair and understand its volatility and behavior. trade it along with dollar index, gold, ...

Pairs to trade for beginners