Risk/reward considerations argue against entering short with prices in close proximity to support. We will remain flat for now, waiting until an attractive selling opportunity in line with our long-term outlook presents itself.
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I have been trading on a demo account for a few months now. My strategy has been to chart the high and low on a 6 hour chart and a 65 minute chart. If I spot a trend happening around the high or the low I move in. I have had success doing this. Do you think this is a good strategy? Long term?
200 Pips Daily Forex Chart Strategy With 3 EMA's
Hi NIAL ! Thank you for being so generous, to lead us to the path of becoming,eventually, a successful professional Trader.
Good article! Hope to understand strategies more by reading than videos cos I am Deaf and won 8767 t understand what is said in the videos.
we turned $65,555 into $685,555 in 9 months. Using the charts from the Pro Trader programme and following Franks’ Friday broadcasts and trading breakouts, we turned $65,555 into $685,555 in 9 months.
RISK WARNING: Trading in Forex and Contracts for Difference (CFDs), which are leveraged products, is highly speculative and involves substantial risk of loss. It is possible to lose all the initial capital invested. Therefore, Forex and CFDs may not be suitable for all investors. Only invest with money you can afford to lose. So please ensure that you fully understand the risks involved. Seek independent advice if necessary.
Precision Entry Identifier (indicator set)
The "Precision Entry Identifier" Indicator set can easily show any trader potentially profitable entry points in the market.
Nial you are so so right about getting our trading strategy right is more important than worrying how much we can make now i am trading on a smaller lot to improvise my trading method.
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Consistently successful trading and professional trading might sound like the same thing, but they are not. Your aim should first be set on making consistent money each month relative to your account size, not on becoming a pro trader right out of the gate.