That is why "I am a newbie" .... so everyone is happy....
My Forex Journal
- Thread starter wizard4444
- Start date
Did you initiate your long trade when prices were going down after touching the resistance? you seem to be a bit aggressive trader...
No,no....please look at the chart again closer... this is a trade from last week. Look at the blue arrows on the chart.... I trade with the trend and sometimes I am even a little late cause I have some filtering systems before I get in witch helps me avoid bad trades. My platform has the option if I go back I can slide the closed trade onto the chart and it will indicate where I entered and where I exit the trade.
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Oh ok, I see the blue arrow now...
We are live..... the market is open.... good week to all with lots of pips!
Hi @wizard4444,
I am not sure if you are an institutional trader or not. But I am convinced that you are a genuine profitable trader after I found that your method is similar to mine.
How many percentage on average you make a month with 3% risk?
Why not you trade for yourself. I believe you have enough capital to make a living and compound it. Any reason why you want to manage other people's money?
I am not sure if you are an institutional trader or not. But I am convinced that you are a genuine profitable trader after I found that your method is similar to mine.
How many percentage on average you make a month with 3% risk?
Why not you trade for yourself. I believe you have enough capital to make a living and compound it. Any reason why you want to manage other people's money?
Thank you MarketDiver for your support and confidence in my trading. When I use to trade for the firm my risk was below 0.5% did not need to risk more, the amount managed was very high,I do not even want to mention it cause of the obvious reasons. I will be honest with you... I have never traded my money I always since the beginning trade for Props or banks.
I started with equities in Swift Trade and went on to other banks.
Now that I am thinking back I did trade equities with my money before going to Swift.... so long ago.
First trade of the thread.....
SHORT
EURCHF @ 1.09833
SL @ 1.10473
TP @ 1.09193
If I decide to cut the trade short I will post it.
SHORT
EURCHF @ 1.09833
SL @ 1.10473
TP @ 1.09193
If I decide to cut the trade short I will post it.
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Apologising up front for my ADD-_discretionary trade? You probably said so somewhere. Any impulse on aud break? Trading any differently given US closed tomorrow? Thanks-- Swimr.
One hour prior to London session opening,
Looking at the daily chart, there is a sign of strong bullish sentiment although prices are currently making upmove.
Both in 30 minute & 1 H chart, prices are touching the resistance but both charts show that prices have gone into bullish segment.
Not to mention 5 minute charts, prices have already gone into bullish segment and prices are approaching another resistance...
Anyway, it will become more clearer in London opening...but if the uptrend continues, it appears the next resistance is 1.10200 area.
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