- Search Metals Mine
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EcoTrader replied Oct 25, 2018Right then, here is a rundown My trading ideas are rooted in research I do around fundamentals and anything that drives sentiment. It could be economic data, central bank policy including statements, press conferences, and speeches, political events ...
Trading news and sentiment
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EcoTrader replied Oct 25, 2018It's a combination of time and having experienced the trolls on other threads that's put me off. If you are interested though I am happy to share some details so will add some one off content to show how I do things.
Trading news and sentiment
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EcoTrader replied Oct 25, 2018Ego is a single facet of many that contribute towards failure.
A question From A Newbie To Forex
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EcoTrader replied Oct 25, 2018I have something to say about this. Forexfactory has potential to be a great site but amongst its members are idiots. Instead of approaching someone like "I don't agree and this is why" followed by a constructive argument. This would start a ...
The Classic Mystery...Of Scammers and Trolls..
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EcoTrader replied Oct 25, 2018Everyone has a different strategy. What's noise to one trader is bread and butter for another. There is no such thing as an area of trading that isn't profitable for at least someone out there.
Profitable Trading
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EcoTrader replied Oct 25, 2018Everyone is different and therefore stating it takes at least <N> amount of time to become consistent is just an outright lie. Some people take 10 plus years, others less. The most likely spread of time it takes to be successful ranges from less ...
A question From A Newbie To Forex
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EcoTrader replied Oct 25, 2018Definitely ccy over index. If you are trading an index it is an aggregate of counter currencies involved in the calculation. Now the best opportunities reside in matching strongest with weakest. If you are trading an index there can be one or more ...
FX or currency index
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EcoTrader replied Oct 24, 2018I trade part time without any issues at all. No loss of focus although I do have the occasional missed trade which isn't an issue because opportunity is plentiful. Why sit and stare at a screen all day when you can operate off an easy trading ...
Part Time Trader
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EcoTrader replied Oct 24, 2018Why don't you give fundamentals a go. You don't have anything to lose from trying.
I won nothing after 3 years
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EcoTrader replied Oct 24, 2018I see it all the time with risk events being catalysts for nice moves so I'm with you on that in terms of regularity.
Question short term trading big news releases
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EcoTrader replied Oct 24, 2018Best of luck with it. I have been toying with the idea of taking another stab at technicals but with a fundamental backdrop. I don't use any technicals currently to trade. So I normally trade news events and do the occasional swing trade. What I ...
Question short term trading big news releases
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EcoTrader replied Oct 24, 2018That's interesting rover, you don't use technicals so how do you analyse the market? Are you a fundamental swing trader?
Question short term trading big news releases
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EcoTrader replied Oct 24, 2018You can also swing trade using the same process with news being a catalyst to trigger a trade.
Question short term trading big news releases
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EcoTrader replied Oct 24, 2018Fx is driven by news so leaving it alone even as a new trader is a disadvantage. All you need is 3 to 6 months of solid research and testing ideas and logging the outcome and you will definitely start finding success. I don't know why there is such ...
Question short term trading big news releases
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EcoTrader replied Oct 24, 2018You're welcome. All the best on your journey
A question From A Newbie To Forex
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EcoTrader replied Oct 24, 2018You can take as long as you need. The 15 minute time frame just implies a new bar every 15 minutes.
A question From A Newbie To Forex
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EcoTrader replied Oct 24, 2018Nope It just means the setup is on the 15 minute time frame. Unless the strategy has a time element to it?
A question From A Newbie To Forex
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EcoTrader replied Oct 24, 2018It will work until it doesn't. Often enough the headline shows a number that causes a reaction but the details of the release shows a different story and price reverses. You are far better off actually doing the research and trading the news ...
Question short term trading big news releases
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EcoTrader replied Oct 23, 2018Depends on your broker. I read many stories of guys who owed tens of thousands from SNB peg removal disaster. Negative equity protected brokers will be fine but those without, will owe the broker beyond their deposit capital.
Pro traders who do not use SL, What about Black Swans?
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EcoTrader replied Oct 23, 2018The only way to prepare for this is to be aware of scheduled news. If you were caught on the wrong side during the event then you wouldn't have been able to do anything about it. Even a stop wouldn't have been hit because the market gapped up. Some ...
Pro traders who do not use SL, What about Black Swans?