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babakeni replied Sep 11, 2018Swing trading is the way to go. I trade off the 1 hour chart (EU,GU,UJ,UC and AU) with trades lasting between 1hr and 1 trading week. Currently babysitting a buy UJ with resistance expected around 112.00. Key to swing trading is patience, risk and ...
Swing Traders Welcome
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babakeni replied Sep 11, 2018Yes it might not trend much but it is an observation i've made when there is no major news, or hours after a major news and the market is 'cooling off'
USD/JPY Discussion
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babakeni replied Sep 11, 2018112.00 in sight. Have been observing for some time now that except when there is major EURUSD news, USDJPY seems to be a leading indicator of EURUSD direction and opposite of USDCAD. Anyone seen that too?
USD/JPY Discussion
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babakeni replied Sep 11, 2018From the stats the 80/20 rule seem to apply. 80% eventually lose. If disciplined, forex still offers great opportunity. Trading should be a long-term investment. That way one may get into the 20%. Unfortunately, patience and discipline are hard to ...
Official percentage of clients losing money (EU brokers)
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babakeni replied Sep 10, 2018Always Interesting that on trades you invest much seem to move slowly. Just the psycology of trading and being patieont. UJ will move. Currently targeting 111.911
Simple and profitable trading style
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babakeni replied Aug 24, 2018Now that we have that 'excitement' over, still bearish with target at 1.27429 (happens to be a support area too)
Cable Update (GBPUSD)
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babakeni replied Aug 24, 2018Currently bearish outlook. This week's high found resistance at 50% fibo of 26/07/2018 High of 1.32124 and 15/08/2018 Low of 1.26608. Targeting 1.27429.
Cable Update (GBPUSD)
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babakeni replied Aug 3, 2018Closed the USDCAD. Going forward looking toward NFP, looking for dollar weakening. Bought AUDUSD and looking to buy EURUSD.
System X
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babakeni replied Aug 2, 2018I swing trade. Waiting on a setup can be a challenge. It is important to be patient and follow through with your trading plan. Currently babysitting a USDCAD buy. Targeting 1.30977. Green pips!
System X
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babakeni replied Aug 2, 2018Good to be back! Took some time off to fully concentrate on improving my trading. It was tough but a pleasant journey all the same. Risk management is key. Lots of traders know this but the markets have a way of working up our greed
I intend to ...System X
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babakeni replied Feb 27, 2018Well i totally understand your point and technicalities of trading in relation to the broker. I also know many traders would be looking for 20-30% drawdown. Would like to trade within those margins in the future. My aim is not to blow the account ...
Funding EA
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babakeni replied Feb 27, 2018PF, thanks for your advise. Yes DD has been huge but the account isn't blown. That is a great selling point given that it has recovered substantially from the lows. Besides, i want my viewers to appreciate my journey. Opening new demo account every ...
Funding EA
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babakeni replied Feb 27, 2018Still bullish. 1.2200/60 proving to be a strong support area. Could get back up to 1.2500/20 area.
EURUSD only
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Funding EA
Started Feb 27, 2018|Commercial Content|4 replies
Been working on a system/EA that i'm now ready to showcase live. It is based on finding areas ...
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babakeni replied Feb 21, 2018Strength of the dollar continues. Selling opportunity on NZDUSD.
System X
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babakeni replied Feb 21, 2018Resistance at 1.39948 is currently holding for any upward movement on GBPUSD. Currently sold.
System X
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babakeni replied Feb 21, 2018Working towards full drawdown recovery. Biggest challenge with trading is emotional, being able to stick to the plan and letting the system fully auto trade. Doing that going forward as it picks a number of good trades that at the end are profitable.
System X
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babakeni replied Feb 15, 2018What a recovery! No matter what system one trades, keeping emotions in check is paramount. Sticking to a laid out plan is important and no forcing trades. Growing

System X
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babakeni replied Jan 27, 2018Outlook for the new week. Bias is still uptrend. Hope you are all with the greens! Nice weekend
EURUSD only