nice to hear that :-)

Yup, really nice one. I though I will not trade it on the earlier. But suddenly, price became pretty strong bouncing and creating a Morning Star. Just jump in since last hours and boom, Double Long 1 came out. DD less that 15 pips..

But where will it go? 1.795x or 1.801x?

This post has been edited by tdoptions1689: Apr 16 2014, 04:00 PM

if i were trading on this pair , i will buy until 1.82xx ..then i wait for next opportunity ..then trading again :-)

I have couple position on those. Probably close couple of them in 1.801x and then activate trailing stop. Too early and I don't like keeping buy Exotic too much overnight. Swap are pretty expensive.


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concur that , neither do i , ..as i'm focusing on GJ and EJ :-)

Bro,
I just notice. You like trading in the zone too? Wondering have you read the book by Mark Douglas title Trading in The Zone?

Yup, but I close my position earlier on GJ. Too many correlated position, no choice to close GJ earlier and take the GA as the candle pattern was absolutely convince me to change.

hmm..i will check out the book later .

i embraced this quote from Bill Williams work

http://www.alpari.co.uk/education/market-a...ing-in-the-zone

;-)

already closed position on GJ ..as i'm waiting for next trade going south ..

need to wait next candle before put more trade on this :-)

Oh, I though you have read that too. It is absolutely a worth buy book either to read or for collection.

Hard break Major Resistance now. Nice close wait for next opportunity actually. Safe trade.

Haha, nice for the Pound. Another stupid FUNDAMENTAL DRAMA on unemployment pushing the limits.

In my 5 years of FX trading career, I've seen a lot of "GURU" offering some get-rich-quick-scheme trading course. Well like it or not I am going to tell you this, the truth is there's no SHORTCUT to trading.

>>>> TRADING IS A MARATHON, NOT A SPRINT. (KEEP THAT THING IN UR MIND)

In the early stage of my trading career....
I've lost US$9,380 overnight, I've made US$32,890 overnight.
Subsequently, my account went from US$46K to US$50.
I was desperate, I was forcing entries that I know it is not even a good entry.

>>>> ONLY consistent trader makes money in the end of the day.

CONSISTENCY IS THE KEY TO PROFIT IN THE LONG RUN.
(KEEP THIS IN UR MIND TOO)

For newbies, watch out as there are a lot of "SHARK/CROCODILE" in this niche as it is a multi-billion business. A word of advice, PROFITABLE trader don't ask you to join their "IB" or "AFFILIATE" because a PROFITABLE trader make money from trading NOT COMMISSION. So next time when people post something with "XXX" earning, and in the end of the post "ASK ME HOW NOW" tell them to fxck off looool...

So yeah, profitable trader makes money by trading NOT COMMISSION.

Why will you need the 0.5 -1.5pips rebate IF YOU ARE A PROFITABLE TRADER?
Really funny when I think of it... LLLOOOOLLL!

It's never easy starting off trading in the Forex World...
No one says that forex is simple/easy...
ONLY "GURU" TELL YOU IT IS EASY AS DRINKING WATER...

So there you go... Good luck trading and hope you make green pips every day )

Just sharing my personal experience haha. I am still not profitable yet, but I managed to breakeven recently (AFTER 5 YEARS). Anybody feel me? lol

Sorry mate. Although most of the point you written here I was agree at, but I don't agree too much on those RED words. Let me tell you something, this is call value added income or side income, no harm if you can earn that too. I think probably you never heard about SOCIAL TRADING? So why even WORLD CLASS PROFITABLE TRADER allow someone to copy their trade because of only 0.5 pips profit earning? You know what? If a USD 3M fund copying you with a proper money management, profitable trader will earn estimated USD 300-400 profit on a single trade with the 0.5 pips. So, if you don't know those existence in SOCIAL TRADING, ASK ME HOW NOW.

Time to get in on the EJ now… A nice entry place after a rocket shoot up, and a pullback building higher low. Good Luck guys...

For new comer to the business, I rather said your account is your responsibility. What you do reflected directly to your account.

There is not crocodile outside there! Is the way you trade, the attitude you have toward the market. Patient, that kill you.

And this not not be business for you to get rich quick ! Is for you to get rich SLOW!

Yeah ! I am in that pair too. But I have slight concern now as tomorrow is holiday ! Volatility may run low today.

Good concern mate. After my call, it went up to approximately 40 pips. But it is ok to me for the low volatility, as we could avoid too much speculations out there. If it does slowly climb, don't mind opening it overnight as we are still earning those swap buying on it. Good luck mate.

Very true. Gamblers always blame on other person fault, but actually everything is on their own hand. Their greediness and think that they are good enough to join in this 4 Trillion of Trading Business Daily that kill them, not those broker or IB who kill them. What is call Professional? Professional means you need a lot of study, a lot of research and a lot of experience, not by days, months, or maybe even years.