xtra sampah
I have been trading forex since 2007. Pays lots of tuition fees (money lost) in early days to the market - little understanding of the market, no basic trading knowledge, and no clue on technical or foundamental.
10 years is a journey in any kind of undertaking. I am glad I didn't give up. Right at the beginning I was aware that I can be good at techincal analysis and that foundamental analysis would be a challenge. Dig in the heel and study every kind of technical indicators available. Take away points, the indicator is as good as a trader understanding of the market. If I cannot see the market trend then not a single indicator will be useful to me. Having said that, today, I depend on moving average to help analysing trend and trend duration.
Now, I am a hobbiest manuka honey beekeeper and an investor in commercial (large scale) manuka honeybee keeping producing 8500kg to 9000kg of manuka honey a year. Trading is a part time activity rather than a full on job. Blessing in disguise than better half insisted that I spend the money to automate as much as possible my manual system (was concerned having to reveal the system to developer but - time freedom vs straight jacket on the chair. the choice is obvious) I have better control of my time and I know when I should be trading. Having time on my hand found a new meaning.
DON'T GIVE UP when the despair of loosing money kick in or the frustration of not understanding the market. One day, you will make it.
All the best.
10 years is a journey in any kind of undertaking. I am glad I didn't give up. Right at the beginning I was aware that I can be good at techincal analysis and that foundamental analysis would be a challenge. Dig in the heel and study every kind of technical indicators available. Take away points, the indicator is as good as a trader understanding of the market. If I cannot see the market trend then not a single indicator will be useful to me. Having said that, today, I depend on moving average to help analysing trend and trend duration.
Now, I am a hobbiest manuka honey beekeeper and an investor in commercial (large scale) manuka honeybee keeping producing 8500kg to 9000kg of manuka honey a year. Trading is a part time activity rather than a full on job. Blessing in disguise than better half insisted that I spend the money to automate as much as possible my manual system (was concerned having to reveal the system to developer but - time freedom vs straight jacket on the chair. the choice is obvious) I have better control of my time and I know when I should be trading. Having time on my hand found a new meaning.
DON'T GIVE UP when the despair of loosing money kick in or the frustration of not understanding the market. One day, you will make it.
All the best.
xtra sampah
Added topic DiNapoli EA
I found the attached indicator by doing a Google search. Though the name is called DiNapoli however I cannot be 100% certain that it bases its sell/buy decision on Fibonacci principle. It is working quite successfully for me in manual trading in the
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xtra sampah
Indicator shows TP1 is at 1.30 (not in capture screenshot). My own filter says GU will go up this month!
xtra sampah
Proprietary personal indicator - 4 years in making. Good enough to trade on any timeframe BUT you must understand how to read the chart in order to be certain which TP to take. Indicator has minor irritating bugs - does not refresh itself very well, need to manually switch between different timeframe to make sure it is updated, doesn't handle decimal places very well.
Improvement in pipeline - .
1. incorporate filter so you know which TP to take for intraday or H4 swing trading.
2. indicator to tell "roughly" when TP will happen as in which hour for intraday or how many days for H4 swing trading (no kidding). This is a manual calculation process at the moment.
Otherwise it works like a charm.
Improvement in pipeline - .
1. incorporate filter so you know which TP to take for intraday or H4 swing trading.
2. indicator to tell "roughly" when TP will happen as in which hour for intraday or how many days for H4 swing trading (no kidding). This is a manual calculation process at the moment.
Otherwise it works like a charm.
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xtra sampah
GU no matter what happened with Brexit in 2017 will hit minimum TP1 and TP2. TP3 is a possibility but will evaluate when price reach TP2.
