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Posts by forex_trader_136673
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PAMM recommendation
in
Experienced Traders
Mar 04, 2014 at 17:02
Gratings @stocksbloc Please don't take as a bad critic. In my point of view your trading strategy is flawed based on risk/reward. Almost in every trade you risk like double what you expect to gain, sometimes up to ten times. You might gain is short term, but on long term only a few bad trades will hurt you badly.You can be right but it will mean that every book on trading I read is wrong. Only time will tell, lets see.Have fun trading. :)
EURUSD - short or long?
in
General
Mar 04, 2014 at 16:36
I guess most of the traders are short. Almost everyone expecting a top, that explains why no reply for 4 hours on a heavy traded pair like EURUSD. I'm long form 1.3730, took some profit at 1.3778 and got opportunity to reenter at the same level. Anyway, until the price is above 1.3666, I'm with you.
Anyone Trading For A Living?
in
Experienced Traders
Mar 01, 2014 at 20:22
Well, I live for trading 😄
PAMM recommendation
in
Experienced Traders
Feb 28, 2014 at 19:10
Come on guys, be more gentle to each others.1. If you want to be a successful money manager, trading in a demo account with 2-3 weeks history with hidden data and high DD, doesn't work that way. You might get an investor or two, but I am sure he does not have more than 100USD in his pocked. It is not worth it. Try investing in a decent real account, with at least 18 months history. 2-3% monthly gain and DD lower than 10%. You won't have to beg for investors they will beg you. You might also get a job at an investment bank or hedge fund.2. If you want to criticize traders offering worth...
What is the first thing after registering in myfxbook?
in
New Traders
Feb 28, 2014 at 18:07
Thanks @Yohana, I really appreciate it. I have much more to share so please stay tuned.I did not discover anything meaningful so I don't deserve any credit. I just worked hard and was smart enough to filter out what works and what not. 😄
What is the first thing after registering in myfxbook?
in
New Traders
Feb 28, 2014 at 16:16
What did I say about EURUSD.
What is the first thing after registering in myfxbook?
in
New Traders
Feb 27, 2014 at 07:24
SL trailed to 0.8255, additional +15 pips locked.
What is the first thing after registering in myfxbook?
in
New Traders
Feb 26, 2014 at 15:06
First target filled on EURGBP +60 pipsLet profits run. Will notify if I decide adding to short possition.
What is the first thing after registering in myfxbook?
in
New Traders
Feb 24, 2014 at 20:47
EURGBP short entry got filled, waiting for the firs target to get hit and bring us some joy :)http://www.myfxbook.com/files/ahuruglica/eurgbp_qZ.png
What is the first thing after registering in myfxbook?
in
New Traders
Feb 24, 2014 at 20:35
Dear @yohana I have a slightly different view on EURUSD than EW Roadmaps. I don't think it is in impulsive 5 waves because on shorter time frame wave structure does not support that view. It is rather a Zig Zag formation and it has enough bullish momentum to make new highs.My view is that it can make a deeper dip to finish wave ((X)) then make a new high. That way it will break trend line support and deceive traders that the trend has reversed the make new high. As per alt. view wave ((x)) has already happen and it will respect trend line support make a new high. Both views are valid.As I ...
What is the first thing after registering in myfxbook?
in
New Traders
Feb 24, 2014 at 19:26
There is no such a thing as a stupid question, my friend?No I don't have a special tool, only some brains and experience. I'm not a fan of fancy indicators, or any indicator in particular. All indicators are driven by price action, why trade based on indicators and study on them, when I can study price action and trade on it. There is only one true support and resistance indicator, it is Fibonacci sequence and ratios. There is some universal underlying truth about it and it works perfect on the markets. I try to simplify the over complexity of the markets and trade only patterns that I...
Pamm Hotforex
in
Trading Systems
Feb 24, 2014 at 13:50
LTCM Fund was considered "risk free" investment because of arbitrage techniques and delta hedging and they charged only 27%. Not only they had innovative and ultra high investment strategies but on their team they had also two nobel laureates. I repeat again they charged 27%.No offense but 50% is a bit high, 30% too.
What is the first thing after registering in myfxbook?
in
New Traders
Feb 23, 2014 at 19:05
EURGBP trade Idea posted above is reactivated. Wave count is still valid so take opportunity to short on asian session at 0.8270 (or as much near as possible). With same stop and targets.Yohana I don't have acess at chars right now so I will post my EURUSD count later. My experience on EURUSD the last few months was little harsh so I decided to stay away for a bit. In short words, I'm bullish short term eurusd and bearish on longer term.I'm tracking S&P500 and DOW to get a sense on EURUSD also market sentiment. Indexes are still bullish so it means that EUR will appreciate...
What is the first thing after registering in myfxbook?
in
New Traders
Feb 21, 2014 at 22:59
Thanks :)
From $1 to 10 million
in
New Traders
Feb 21, 2014 at 22:24
To those that believe such a thing all I can say is "markets can't exist without dumb money".
Profit Empire Robot
in
Trading Systems
Feb 20, 2014 at 21:45
The account has 50% DD and still it can't be seen in equity or balance. Both going only up. Also no deposits to cover equity.Strange! Any idea how can this happen?
From $1 to 10 million
in
New Traders
Feb 20, 2014 at 19:22
It is possible to make 10 million from 1$ investment, I made it in one month trading and I have proof.Just kidding, still not possible. 😝
What is the first thing after registering in myfxbook?
in
New Traders
Feb 20, 2014 at 16:17
Today I got the opportunity to partially jump short EURGBP at 0.8250, scale some profits at 0.8217. Unfortunately entry at 0.8270 did not get filled. So deleting the entry is advised.EURJPY next support is 138.00 - 138.60 then the pair must make another leg higher than 142.50. If anyone makes buys on support, put stop loss below 136.15.GBPUSD, no change in strategy. Waiting for the dip to get long.Check your imbox I'm sending a new trade setup. PM if anyone else is interested :)Cheers.
What is the first thing after registering in myfxbook?
in
New Traders
Feb 19, 2014 at 16:52
New trade idea.Short EURGBP two equal lots at 0.8270, set stop loss at 0.8310. First target 0.8210 and second target 0.8060. Good setup based on risk/reward perspective. It seems good idea to play some GBP strength before going short vs USD.If 0.8220 breaks before trade gets filled, cancel the entries.http://www.myfxbook.com/files/ahuruglica/eurgbp.png
GBPUSD Bullish Trend Continues
in
Experienced Traders
Feb 19, 2014 at 14:18
All I know is that it is goung to be a blood bath.
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