I was some swing trades on the NZD's, I know there is some news today, do you think we should hold it or should we close it and see how the news reacts. I am down 3 pips on it so far. I am thinking that I should hold it because my set up says we are ...

Swing Traders Welcome

Fair enough and I apologize for assuming.

Cable Update (GBPUSD)

Closed my GBP/USD short.

Cable Update (GBPUSD)

I would have to disagree with some of what you say. Yes, it is good to know fundamentals and I am on here every single day to look at what is going on in economics but I do not base my trades on them. I have seen great projections go the other way. ...

Cable Update (GBPUSD)

The damiani indicator is a volatility strength indicator that measures how strong the trend is. if the green is above the grey, you are okay to trade the pair, no matter if it is up or down. If the grey is above the green, that means that you are in ...

Damiani indicator

This is for all you beginners out there. This is my opinion and I understand if you disagree. If you are new to this, you need to learn all of what you can. There are many free resources out there that do a good job explaining things. You should ...

"Beginner" really need advice

1. Yes I do use a stop loss 2. I swing trade the daily chart and a stop loss will stop the bleeding if price goes the opposite direction, at a time where I am not looking at the charts. 3. Depends on what 1.5 the ATR says.

Do you use stoploss?

This is not investment advice and you know this takes risk but maybe, you need a good entry and exit indicator to enter and exit your trades. I know a lot of people use price action and I do too, to an extent but I swear there is nothing wrong with ...

main obstacle for traders

The most important thing a trader needs to learn is risk management. For me, it does not matter how good your strategy is, losses will happen but the ones that stay in this game, make sure that losses don't hurt that bad. This includes not over ...

main obstacle for traders

I think my last thought about the NNFX method of trading is to be taken and built on your own and I do not agree with a lot of things he spoke on like his opinions on various indicators. Some of the ones that were on his videos were trash but I know ...

No nonsense Forex - VP

I have been trading this way for a long time. There is a lot of truth of what you say and I would have to agree. I feel like because we are trading 27-28 pairs a day, and we are avoiding news, there is not a lot of opportunity to enter a trade. It ...

No nonsense Forex - VP

Now, I am going to say some things that VP would possibly not agree with. This is not investment advice and if you do try this, make sure you back test and forward test. Remember when VP said that he does not like the RSI because there is no such ...

No nonsense Forex - VP

Smart, I exited my short too. was not feeling the position since Sunday.

Cable Update (GBPUSD)

I would have to say patience. The reason is because if you don't have patience for this, you do not have the discipline to demo and learn. Without patience, you force your trades instead of letting your setup happen. Without patience you do the one ...

main obstacle for traders

I have never seen him do a live trade but at the same time, I don't have to. The day is simple. When the day closes, go to forex factory and see what big news is going on today. If you find big news for a specific currency, you don't trade it. VP ...

No nonsense Forex - VP

I watched all of VP's videos and listened to all his Podcast. It is worth the listen. The no nonsense trading gives you the foundation to develop your own strategy. He will give you the ideas, but you have to go out there and put in the work. By ...

No nonsense Forex - VP

Hey bro, for me, the best thing I do is stay away from fundamental analysis. I found that the big dudes take it where they want to take it. Trading has been an on going learning process for the last 4 years. The main thing is trend trading is the ...

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