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  1. Alexfx79

    Daily forecast for shorts and longs

    EURUSD. Euro got strong support during Friday trading. I plan to wait for the correction to 1.0930-1.0940 demand zone at the moment. The point of entry - at smaller timeframes. Potential movement - to 1.0990.
  2. Alexfx79

    Top Advantages of Forex Trading

    Did Alpari blow up? I heard the news about Alpari UK but it was long ago, and the main broker was working , so have things changed already?
  3. Alexfx79

    Daily forecast for shorts and longs

    Today I look at USDCAD. Currencys trading near the 1.3400 resistance level. A pattern of ascending triangle has formed on H1 timeframe . In case of overcoming and retest of 1.3395 level I plan to buy. Potential movement 1.345-1.3475.
  4. Alexfx79

    Daily forecast for shorts and longs

    Prior to the publication of US GDP data, I consider to sell the Australian dollar. AUDUSD has broken 0.7580 local support. In case of retest I’ll get to short-term sales. I’ll look for the entry point at smaller timeframes. Potential movement - 25-40 points.
  5. Alexfx79

    Daily forecast for shorts and longs

    Hello, traders! I'm a trader with more than 3-year experience and perform pretty well on Forex. So, I decided to share my own forecast on currency pairs with you. I use price action patterns and support & resistance levels primarily. Hope, it will be helpful.
  6. Alexfx79

    Top Advantages of Forex Trading

    Yup, I like working whenever I want. Without listening to bosses notes every day. That's awesome, as for me. Moreover, it's good for people who like to travel without being away from their work
  7. Alexfx79

    i'm new here...

    Yeah... I don't see any danger in going live if one feels that he controls the situation.
  8. Alexfx79

    How Forex Trading Can Make you Rich?

    Oh I see. Yeah, that's right. You need to have some funds at the start. But many newbies think they can start with two bucks :) That's why I wrote about unlikeliness to start with them :D
  9. Alexfx79

    Traders trade emotions :They don't trade methods

    Actually I can't get it either. Revenge sounds really ill-minded :D
  10. Alexfx79

    How Forex Trading Can Make you Rich?

    Maybe, but it's too much with "started from nothing", don't give people hopeless dreams. You should have some funds for the start anyway. Capital+work. No luck.
  11. Alexfx79

    How Forex Trading Can Make you Rich?

    Yeah. Many people think that forex or stocks will make them rich. So they shift the responsibility to someone (even someTHING). Still we are responsible for our success, not market, not trading as a job.
  12. Alexfx79

    Independent Option trader

    Don't be in a hurry to quit your job, really. Especially if you are a newbie in trading (options/currencies/commodities etc). Try to work in the office and to learn in spare time. quickly conclusions don't lead to success, buddy... Learn, learn and learn.
  13. Alexfx79

    Want to start the transition into Forex: Mainly USD/JPY

    USDJPY. I allocated 2 key levels: resistance - 104.35; support - 103.95. I plan to go short after breakdown of 103.95 level. I’ll look for confirmations on smaller timeframes. Potential - to 103.65-103.25.
  14. Alexfx79

    How much should you risk?

    Surely, when I have long-term trades, I never risk so much. But some risky and short-term ones have brought good money to me, why not? I understand clearly that if I lose it'll be only my problem. That's why I don't do such tricks very often.
  15. Alexfx79

    Traders trade emotions :They don't trade methods

    :D it's right if a person can't control himself at all. Hah. As for me, I never even thought about revenging the market. Why? It's a market, it's something unpredictable a priori. :)
  16. Alexfx79

    Traders trade emotions :They don't trade methods

    if you talk about unexperienced people, it can be so. Newbies are very passionate by desires... If someone had enough patience to become a trader (after a pair of blown accounts :D), it tells us about emotions or logic? I'd rather say it's about experience. People who had got enough experience...
  17. Alexfx79

    How much should you risk?

    I agree, cause if you see that the price moves in the right vector, and you are sure it will go on further, it's a signal to enter a risky trade. Everybody looks for signals. If they are some, why not to use them? 2% is too little, really. As for me, 4-5% is normal. But still I don't advise...
  18. Alexfx79

    can you open an account with 2000 $?

    Yes! People start trading even with less money. It's not a problem if newbies are going to use leverage... The other question is HOW will they use it. Very few have working risk management...
  19. Alexfx79

    i'm new here...

    I can't agree with you as ability to control emotions is not got by birth. It seems to me that every person can get along with his emotions. As they say... nothing is impossible!
  20. Alexfx79

    How to beat the market.

    Some years ago my mentor (in fact he was just a good man who helped me and gave useful pieces of advice) told me that it's no need to beat the market. The only chance to win is to flow with the price. Now when I see that I have to fight, I don't enter trading, but wait until the conditions...
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