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Need help with Risk/Placing $ per pip
Started Feb 3, 2015|Trading Discussion|6 replies
Hi guys! First off, what a great forum. I am new to forex and just trying to learn as much as ...
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MrInvestar replied Feb 3, 2015Hi all! Would love some advice on a question that I have. Currently with a local broker down in SA and when I have the option to buy/sell there is no place for me to say place $10 on a pip, it only has risk.. Is this normal?
EURUSD
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MrInvestar replied Feb 3, 2015The beauty of demo accounts is that you can refine your trading strategy to a fine T before you enter live...
EURUSD
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MrInvestar replied Feb 3, 2015Man I am the exact same as you! I placed a short around 1.1380 expecting it to go down and it just hiked up.. I had already reached my day goal and broke that to enter this trade.. Today I learnt two personal rules.. Don't be greedy! - I had already ...
EURUSD
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MrInvestar replied Feb 3, 2015With the factory orders information coming out in a few, the USD might strengthen.
EURUSD
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MrInvestar replied Feb 3, 2015I'm hoping this drops back to normal, else my whole week has been ruined.
EURUSD
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MrInvestar replied Feb 3, 2015Hi Guys! So I am by far an experienced trader, but what I find works best for me: I place +-4 trades on the smaller trends. So the night before I will look at the the previous 1hr/30m/15m charts and try predict where the prices are going to be, and ...
How do forex traders predict price?
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MrInvestar replied Feb 2, 2015What software is everyone using to trade? I have got a local South African broker but the software they have is exceptionally slow.. Looked into MT4, but don't I need a broker to go through, as it doesn't look like I can use them on its own.
USD/CAD
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MrInvestar replied Feb 2, 2015All I do is compare the previous data from the last 10/15min and 1hr.. I then see the trend and make a guestimate where it's gonna be.
How to predict the next candle?
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MrInvestar replied Feb 2, 2015I bought it at 1.124 cause I thought it was turning and then it suddenly dropped. So i'm glad to see it heading up.. Will probably ride this trade out for the next hour to hour and half.
EURUSD
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MrInvestar replied Feb 2, 2015I am very new to Forex and have been watching a lot of videos on how to trade.. Out of all the videos I have watched only one or two people say don't trade with a stop loss because it is 'useless'... I am trading on a demo account and have not added ...
Trading without stop loss
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MrInvestar replied Feb 2, 2015Just found this forum, and it is great! Completely new to Forex (although am more of an investor on the stock market). Have decided that for now I will be trading this pair and can't wait to see how it goes. I opened a demo account with a local ...
EURUSD