Hi guys,

I've just started Forex a week ago.
Not looking good now, LOL.

would love to learn from all the sifus here~

I would like to join too

a lot of ppl who started out in forex do not realize one important aspect ..... self realization.

if i put out a price chart without any indies, 10 ppl will interpret it 10 different things/ways based on what they observed on the chart. then when u ask to draw trendline, they will come up with various lines. add an ma, they will tell u different interpretations. the more thing u put, the more variant r the interpretations.

that is the reason many failed as they just blindly adopt a trading system developed by others without further thinking, analysis, investigation. in the end they just could not realized what those developers 'see' for themselves. many thought that mechanical trading systems with a pre-set of rules is the sure thing but they did not realize those developers r seasoned traders themselves who has been poring on charts for yrs n sometimes the thing they see they could not put in words, n sometimes they themselves did not realize the type of attributes they see comes in auto mode n could be crucial in the decision making or most times they just wud not teach others this added 'edge' - u just hv to dig it out urselves.

when newbie failed on a system or indies, they hop to another n the cycle repeat itself, blaming the system, blaming the indies, blaming sl, s/r, whatnot. but nvr look at themselves n not realizing that everybody look at the chart just like how we look at the world - thru' our own lense, our own conditionings.

This is the best quotes I have seen here. I love the quotes of the cycle repeat itself, blaming the system, blaming the indies. A lot of people saying don't rely on those lagging indies, but what make those people say it is lagging, they always can't explain what make its describe as lagging indies. Probably the books telling them lagging, so they just follow to describe as lagging. When asking someone if they says indies are lagging, how do you trade? They will tell the same thing as the so called guru tell Price Action. When asking them, how you explore and know about Price Action and Price Behavior, seldom have one got the exact answer. Let's take one of my expertise example in MA, most of them describe it as a lagging indies. But when I started to asked them what is Simple, Exponential, Linear Weighted, Close, Median, Typical, Weighted Close or the Value, most of them not even know the meaning of those. So I don't really know what makes them saying they are lagging when they don't even know or haven't explore more on those meaning.

nice !!!! Can recommend the cTrader broker that you are using ?
Does it have micro account ?

Anyway, I am looking for USDJPY possible retracement.
Anyone into this pair with me ?

indicator?my chart always clean..
only ema62/trendline/key resistance and support ftw

Hi,
I am currently using Divisa Capital. The best ever cTrader platform I ever trade. Low spreads on EUR/USD seldom occurs on 0.4, normally is 0.2 - -0.2. So even you open and with a green sometime. LoL. Good commission base on USD 3 per STD LOTS. Being establish since 1993, fund segregated by Citibank. But sometime there are someone talking about they aren't regulated by the NZ Securities Commission, but actually the NZ securities commission does not regulate spot forex. Being a forex broker and regulated by NZ securities commission would mean they have a futures licence, which does not apply to FOREX. Therefore they dont need NZ regulation. I am not sure whether they offer Mini Account, but as I know the MIN are 10,000 (0.1 Standard Lots), Maximum Leverage are 100:1. There are plenty now I think offering such as Pepperstone, ThinkForex, IC Market but yet to try with them. I will never recommend on FxPro, freezing too much.

This post has been edited by tdoptions1689: Apr 7 2014, 11:05 PM

If you are serious in trading business, no demo, go with live account, feel the emotional up and down, trust me, no wrong.

Great detail ! Thank you !!! tdoption1698

This post has been edited by denver1347: Apr 8 2014, 10:29 PM

Great! mine too, people call it KISS

boss, each win how many pips, each lost how many pips, mind to share?

EMA62 is an indicator. LoL

Absolutely. Even CENTS account will have the true feeling, true emotional. DEMO is just for testing on EA, not for the newbie. They won't realize or remember their mistake on DEMO. Just like playing Candy Crush, mistaken move will say, It's All Right, just wait for 30mins for another life. Demo, just refill. They will never find out where their mistake is.

I am talking about clean chart.

Ok ok, joking only. Mine a bit dirty, 4 SMA with S/R. That's it.

SELL on EUR/AUD now. Anyone with me? SL for 100 pips. 400 pips LIMIT keep in view. I love EXOTIC. :thumbs:

scalp between 10-15pip for 1.5k below... lose normally is mean that day break even..

Anyone with me? Nice 70 pips green now. Put it on BreakEven as it Pulling Back now after building Lower Low, might at more position on same SL after pull back. Nice big big correction, and might go all the way to 600 pips below more. Just be patient and you might have it.

Need some more nice TIP?
Place a BUY LIMIT on USD/JPY at 101.1x, SL on last low swing at 100.6x, TARGET 60 pips above move to BE and LIMIT at above 200 pips somewhere around 103.4x.
So just let the profit running and trailing activate after every 30 pips.

This post has been edited by tdoptions1689: Apr 9 2014, 12:06 PM