Dear members,
i would like to share with you my method to trade on the forex.
I started trading Forex, Futures and CFD 2 years ago, as a beginner, and i lost some money.
I've decided to work a lot to succeed and stop working. I started to study a master of Trading in Paris at the beginning of 2010 till 2011-2012.
I used to combine a lot of indicators. Now i use a few of them. Why ? Because the more you put on you charts, the less your mind is clear.
I started by following a lot of pairs, but now i mainly follow USD/CHF and EUR/USD.
I think it's better to focus on maximum 4 pairs.
Since March 1st, i did 901 pips profit with my method.
Indicators i use :
- Moving Average (89)
- RSI (14) : 20,40,60,80
- Stochastic (14,3,3)
I also draw Fibonacci retracement before entering a trade and trend lines.
I look always first at the daily chart, then H4, M30 and take decision on M15.
Last friday, i did only 2 trades during the day, but 2 great ones : EUR/USD and USD/CHF (see pictures).
My opinion is : forex is like a casino. The more you stay, the less you win.
That's why i use specific hours only for the pairs. And don't trade outside the specific hours. My target is 20-40 pips a day.
http://heureuxtrader.com/wp-content/...8216763996.gif
http://heureuxtrader.com/wp-content/...8202411407.gif
My blog is : www.heureuxtrader.com
Now my goal is to pass my master of trading, and find 100,000 USD to start trading with.
Please let me know your thoughts about my method :-)
Happy pips !
i would like to share with you my method to trade on the forex.
I started trading Forex, Futures and CFD 2 years ago, as a beginner, and i lost some money.
I've decided to work a lot to succeed and stop working. I started to study a master of Trading in Paris at the beginning of 2010 till 2011-2012.
I used to combine a lot of indicators. Now i use a few of them. Why ? Because the more you put on you charts, the less your mind is clear.
I started by following a lot of pairs, but now i mainly follow USD/CHF and EUR/USD.
I think it's better to focus on maximum 4 pairs.
Since March 1st, i did 901 pips profit with my method.
Indicators i use :
- Moving Average (89)
- RSI (14) : 20,40,60,80
- Stochastic (14,3,3)
I also draw Fibonacci retracement before entering a trade and trend lines.
I look always first at the daily chart, then H4, M30 and take decision on M15.
Last friday, i did only 2 trades during the day, but 2 great ones : EUR/USD and USD/CHF (see pictures).
My opinion is : forex is like a casino. The more you stay, the less you win.
That's why i use specific hours only for the pairs. And don't trade outside the specific hours. My target is 20-40 pips a day.
http://heureuxtrader.com/wp-content/...8216763996.gif
http://heureuxtrader.com/wp-content/...8202411407.gif
My blog is : www.heureuxtrader.com
Now my goal is to pass my master of trading, and find 100,000 USD to start trading with.
Please let me know your thoughts about my method :-)
Happy pips !