- Search Forex Factory
- newbietofx replied Nov 22, 2017
Does it has built-in alert like when price touches or closes or cross the resistance or support line? So it's semi automated with you being the end of the trigger? I'm interested. Does it work on all time frame?
Algorithm S/R indicators
- newbietofx replied Nov 22, 2017
Sessions have an impact on validity on breakouts. Asian sessions breakouts are usually short strung. They are one hit wonders. Sydney closes tend to follow suit. London open breakouts are fast and momentum is strong. So is New York open. So ...
is it true
- newbietofx replied Nov 21, 2017
Yes. Without risk management. All trades are the same. With risk management. Only selective trades are worth risking. Time is invested. I recently turn to trading via limit orders. Because I want to have a life. I made more with a few trades but ...
Trading with/without risk management rules
- newbietofx replied Nov 21, 2017
What I learn is small wins creates competency. And a series of small wins creates confidence. And too much unchecked of confidence creates reckless. Because sometimes confidence fill the void of too little. So instead of getting more pips we strive ...
How to Become Emotionless
- newbietofx replied Nov 20, 2017
Volatility is normal especially for currency pairs like the pound yen or Euro Kiwi / Aussie. But I learn not to give too much and switch to immediately gratification of profits or loss. And immediately open a limit order if the bias stays intact. ...
The Answer: Get stopped out then trade goes in your direction
- newbietofx replied Nov 20, 2017
Sometimes gov buy back bonds. Like what the Feds did as alternative to printing cash. This gave the banks some confidence on the US dollars and in turn are optimistic about the prospect of the US economy. Which bolster the sluggish GDP numbers.
Govt bond auctions: they get money then what do they do with it?
- newbietofx replied Nov 20, 2017
I was once sold on the fact that I can replace my day job with just a few hours of commitment. I've paid for the course and I had to take a whole day and constant monitoring just to watch a setup.
Why do they like the forex market?
- newbietofx replied Nov 15, 2017
Dailyfx and FXCM had a joint exercise to find out what makes traders lose money. The #1 reason is holding on to losses more than winners. And taking profits earlier. I believe to find a predictable trending market. Gauge your risk to reward and plan ...
Why 99% of traders lose money
- newbietofx replied Nov 9, 2017
I had smaller success and big failures. The goal is to make enough to leave a job.
Why are you trading?
- newbietofx replied Nov 9, 2017
If this is true. Oil might rise. And the US dollar might fall.
Trend Trading All Pairs
- newbietofx replied Jan 13, 2015
Anna Couling Volume Price Analysis. It helps you find quality candlestick that tells you when the Smart Money are in. Lance Beggs YTC Price Action Trader. It gives you a sensible and rational story on how to the market behaves and unfolds. Very ...
what is the best forex book?