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 Forex version XVII, Foreign Exchange Market Discussion

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CallOfLegend
post Mar 19 2016, 12:59 PM

Casual
***
Junior Member
350 posts

Joined: Jan 2009


Last week had 4 losses and 3 win tades. This week only 1 win and 2 losses. I have to keep calm.

Reading some tips to improve consistency.

http://www.admiralmarkets.com/education/ar...n-forex-trading.

http://www.learntotradethemarket.com/forex...profit-in-forex
CallOfLegend
post Mar 24 2016, 10:02 PM

Casual
***
Junior Member
350 posts

Joined: Jan 2009


currently buy AUDUSD 0.7515. sl0.7482 tp0.7542
CallOfLegend
post Mar 25 2016, 09:10 AM

Casual
***
Junior Member
350 posts

Joined: Jan 2009


QUOTE(CallOfLegend @ Mar 24 2016, 10:02 PM)
currently buy AUDUSD 0.7515. sl0.7482 tp0.7542
*
closed this trade this morning.
CallOfLegend
post Mar 25 2016, 09:24 AM

Casual
***
Junior Member
350 posts

Joined: Jan 2009


decided to wait till next week to avoid risk. No open trade nor PO for me. Good luck everybody.
CallOfLegend
post Mar 29 2016, 07:31 PM

Casual
***
Junior Member
350 posts

Joined: Jan 2009


has 1 profit trade yesterday, 2 profit trades today. Currently no open trades.
CallOfLegend
post Apr 8 2016, 04:28 PM

Casual
***
Junior Member
350 posts

Joined: Jan 2009


QUOTE(darks0r4 @ Apr 8 2016, 03:17 PM)
Hi,
I am thinking about throwing 100usd to try this Forex for fun. Who know I might get a hang of it. Instead spending them on video games.
if im not active for quite sometimes...will the 100USD be reduced? I might just do it whenever I free.
Could you suggest me a good broker.
Thank you.
*
If you want to try forex for fun, no need to put money. Just download mt4 and create demo account.
CallOfLegend
post Apr 11 2016, 09:59 PM

Casual
***
Junior Member
350 posts

Joined: Jan 2009


AUDUSD reached 0.7611, potential point to sell. Waiting confirmation. hmm.gif
CallOfLegend
post Apr 15 2016, 03:01 PM

Casual
***
Junior Member
350 posts

Joined: Jan 2009


Any fellow trader can share some tips to avoid overtrading?
CallOfLegend
post Apr 15 2016, 05:51 PM

Casual
***
Junior Member
350 posts

Joined: Jan 2009


QUOTE(Mr. WongSF @ Apr 15 2016, 03:49 PM)
dear fellow trader,

it is very hard to sit on ur hands if u do not knw exactly wat u r looking for.

a trade setup must b very clear in ur mind's eye to prevent pulling the trigger unnecessarily.

points to ponder :

1) is ur system too discretionary whr-by, thr r no hard & fast rules to prevent u frm jumping into a trade?     

2) would moving up to a higher time frame help u to pull the trigger less?

cultivating discipline takes time. do not neglect the psychological development of trading.
*
Thanks for the input. The problem with my way of trading is that when i have open trade, later the chart give pattern show it want to go the other way. So confusing and annoying. sad.gif Have to decide to drop the trade or let it go on.

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