1. Cashing in on winning traders too soon 2. Fiddling with stop loss 3. Instead of waiting for the price to come where I'd like rushing in on a trade therefore wider SL bad risk reward trade 4. Greed 5. Fear Its true you can't beat the market with ...

Post your mistake here - warn others

So here's a trade I just took GBPAUD short. I had been looking at pound crosses for a while now waiting for the right timing and I think its come finally thanks to upbeat AUD jobs data suggesting maybe the economy is recovering from mining led ...

Pattern trading

Yeah I see a double top same goes for 12h. But on 1h I'm thinking buyers are still in control. If you wanted to sell you could get in at a better price. But I don't trade indices they're a little more complex than simply making decisions based off ...

Pattern trading

Yeah they're plenty here's a buy/sell pattern on GBPJPY. I can't cover them all at once but as I go I will, but I'm no expert if there's any pattern that I'm missing I probably don't know please feel free to comment. We learn from each other, this ...

Pattern trading

Hey CrazyOz , thanks for stopping by I wholeheartedly agree. Stay around and participate ! I have yet to spot some more live trades.

Pattern trading

So this is how I will be spotting buy and sell. Price just doesn't go up or down without a notice out of the blue usually when it arrives at a level of resistance or support it floats around the area before finally deciding where to go up or down. ...

Pattern trading

Just went long on USDJPY its a 5min chart entry at 120.674 SL 5 pips away TP roughly around in at 40pips. SL hit

$1,000 to $5,000 USD challenge

Hey! Its alright, thanks! 5 years? no doubt you'd be good at it *just kidding I know its more than that* I've been at it for 2 years. Still a lot to learn. Thanks for your suggestions. I want to go aggressive once I'm 80% comfortable ...

$1,000 to $5,000 USD challenge

4th month update: Starting balance 1078 $ Current balance 1657 $ Its been slow but still a progress. Just closed EURAUD short trade for a profit of 116$. I've been slow to grab opportunities and have been guilty of closing trades early. For a little ...

$1,000 to $5,000 USD challenge

Yes. Been at it for about 2 years now. From my experience you can make a living off of fx. But you got to make you sure you've got a viable system and a good deal of screen time/experience. And last but not least you'll need to figure out your edge ...

Living Off Fx

Unless you've got some spare time to check the charts and be updated on latest market developments I don't think you'll be able to trade intra day or scalp. I had a relatively casual job where I could keep track of the market even so at times I ...

Work Vs Trade

I personally don't know who's made that much trading currencies alone but I've known people who's made a comfortable living for themselves from trading currencies. I personally plan on moving to commodities and stocks in the long run.

Do You Know Any Millionaire or Multimillionaire Forex Traders?

Hey Forexleopard ! Just saw your myfxbook. I must say I am impressed. How long have you been trading ?

$1,000 to $5,000 USD challenge

Hey guys. Sorry for my lack of update for the last 3 months. I had a lot going on at my job and had little to no time to update the thread. But that doesn't mean I wasn't trading I realized that its been almost 3 months since my last update so ...

$1,000 to $5,000 USD challenge

Hey guys, The thread is still on and active. I'll be updating weekly net numbers instead of each trade that I took. Last week was uneventful, got onto few positions but in the end it all balanced out. Should have known fiddling with SL was never ...

$1,000 to $5,000 USD challenge

@Pippington

$1,000 to $5,000 USD challenge

Hey guys. Sorry for being in active as of late. There hasn't been much to trade last week. But managed to pull in some pips this week. So here it goes for week 1 : +10.6% +216pips +115$ Starting balance 1078$ Current balance 1193$

$1,000 to $5,000 USD challenge

Thanks everyone ! you all make me want achieve my goal. I've been busy with work and other commitments but I'll make sure to update this thread by the weekend. Forexlive, how long have you been trading ? Thats impressive !! I've also been ...

$1,000 to $5,000 USD challenge