Again another graph, this time is a tf30m, the eur-usd crossed the ema50, but the Hist_StepMA_Stoch was in buy mode, so no signal1, at this point all we can do is wait for another chance to enter, but according to the rules the first sell signal come after 50pips (50 pips leaved on the table!), look at the image.
What do you do in this case?
Most updated version !
Well, I'm being paid to trade. The account I manage is +13% in two months. It is not bad, I think.
I trade from 50k to 5M. I do not pop up much cause all I had to say about CatFX50 is already said.
I have a few subscribers. Some have left. Others have said that my service is scam. Others love what they get.
I do not need that service for a living. I have it cause I think supports and resistances is the way to go and it is my daily road map. A lot of "pro traders", as you say, are not looking all day long at Ema's nor steps. They are fundamental traders. They trade from 10 to 500m and they do not go for a spike. Their leveraged is ridiculous.
A cross of whatever EMA did not make EURUSD go down from 1,3681 to 1,3263. And more to come as long as that pair keeps below 1,3405.
Yes, I get deeply depressed when I see all those gorgeous technical posts. This happens to me cause I can speak to big brokers and I see what they think and why they are here for.
Which page i can find your most updated indicator version?
Why do you trade forex? Do you trade for a living? Do you trade to amuse yourself? Do you trade to complement your main income?
What is your edge?
If you trade for a living, you will not be able to live trading this market with a single standard 100k lot. You will not. Of course, if you live in Indonesia and you make 300 pips per month, you should be able to live. But you MUST make them. Don't forget that.
If you trade to amuse yourself, no problem, go to OANDA and trade a small amount of units. No problem.
If you trade to complement your main income, well, you should be aware of the risks here. Cause instead of a complement, it could be another bill to pay.
Svirgo, if you want to be a "professional", the minimum should be between 10 and 50M monthly. This is between 100 and 500 standard lots monthly.
But this is what I think. Another pal could tell you different things.
Wake up, mates. Wake up. Retail forex traders are delicatessen to be eaten by brokers. When they see you with 10k lots, they do not even bother to send your order to banks. They just write it down on their own books.
When they see you with 5M, they are not going to take the risk.
Doesn't matter if the broker sends the order to bank or not. As long as u predict correctly u make money. And I know I do that very well with my systems.
Weekly Review attached.
To newbies and some seniors:
Please, get away from any thread that don't show you any losing trade.
We have plenty of threads here where you could only find nice colored and fancy signals spiced with comments like "nice move today" or "this is the Holy Grail".
I do not know why pals feel the need to hide losing trades. But I do know that those kind of behavors don't help anybody.
It is really amazing how people want to lose their time and money to ruin their lives.
People do not want to understand or accept that FOREX is a non-regulated market.
They have two or three colored fancy indicators plus two or three brand new MA's and they feel Master Money Makers. My God!
Please, make yourself a favor. Try to find a broker to which you could speak.
He will tell you what they think about their business and what they think about you. They are here to win. It is the same when you go to the casino. Yes, technical trading alone is pure gambling. Nothing more; nothing less: gambling.
Trading alone is pure gambling
by not trading alone is when u have inside info, ex: like when central bank will buy/ sell.
when i was ur subscribers i always wounder how in the world u get those info. and know those people.
ps i liked ur subscribe but i have to leave ur subscribe and stop trading for a month due to school and i m 18 years old i trade really small just to learn.(started when i was 16)
"Trading is gambling". Yes, it is, specially if you base your trades on technical patterns only.
"Insider information". Well, if you have it, you could make money in whatever market. The problem with that information is that they do not share it. Sometimes, if you have a friend in there, he could tell you something, but always as a favor.
Another thing, FOREX is not a regulated market. Therefore, that "insider information" could change in one second and may not cover enough volume.
Newdigital, could you please try to stop all those LinkBack Mails?
If you do not stop them, our Mail Inbox is going to blow up.
Send PM to forexts. He is doing forum settings and he can stop it.