New Begining on Forex
Členom od Jan 22, 2012
6 príspevkov
Jan 31, 2012 at 07:38
Hello to all master, i'm new in forex can u guide me how to start in using forex. Thx 😀
Menuju Bisnis abad 21 ..........!
Členom od Nov 06, 2011
1 príspevkov
Jan 31, 2012 at 13:21
bisa
"What is important is we should learn from yesterday, live for today, hope for tomorrow and never stop finding ways to beat the system
forex_trader_34364
Členom od Apr 18, 2011
239 príspevkov
Feb 04, 2012 at 22:05
if you are new try to buy a good expert and run it on your account. while you make profit , try manual trades on demo and start to read and learn. it take 3-4 years to become a good trader.
Členom od Jan 22, 2012
6 príspevkov
Feb 05, 2012 at 07:13
@Bijan : can you recomend to me about good expert 😁
Menuju Bisnis abad 21 ..........!
forex_trader_34364
Členom od Apr 18, 2011
239 príspevkov
Feb 05, 2012 at 09:13
erick posted:
@Bijan : can you recomend to me about good expert 😁
Hi again. sure i am glad to help you
these experts are good , i have it and its really profitable
1. forex growth bot V1.6
2.wallstreet forex robot V3.9
3. Iris FX
4. FX voodoo
and few more
to success you have to add several EA to your account. its easy and you can enjoy your profit for life time
forex_trader_43716
Členom od Aug 06, 2011
345 príspevkov
Feb 20, 2012 at 23:54
Mmm...would definitely learn to trade manually before moving to a robot!
forex_trader_34364
Členom od Apr 18, 2011
239 príspevkov
Feb 21, 2012 at 08:44
myfxpt posted:
Mmm...would definitely learn to trade manually before moving to a robot!
sure , you can learn how to trade in forex manually. but manual trade need patient, stability and Consciousness in days and nights for every day and every hour.
forex_trader_43716
Členom od Aug 06, 2011
345 príspevkov
Feb 21, 2012 at 09:20
Not really. You can build a manual system that alerts you when new trade opportunities appear, and you can add a little software that takes care of money management whilst you do other things. I am at the computer only when I need to place a trade.
Členom od Apr 01, 2011
12 príspevkov
Mar 26, 2012 at 08:31
daily_martingle posted:
if you are new try to buy a good expert and run it on your account. while you make profit , try manual trades on demo and start to read and learn. it take 3-4 years to become a good trader.
totally agree!
Členom od Apr 01, 2011
12 príspevkov
Mar 26, 2012 at 08:31
myfxpt posted:
Mmm...would definitely learn to trade manually before moving to a robot!
agree more! :)
Členom od Mar 09, 2012
14 príspevkov
Mar 28, 2012 at 03:06
Gary,
Can you expand a little more regarding the manual system you are using as well as what type of alerts? So far I have been looking at two systems, both of which are from Phillip Nell, the first is his 4H MACD system and the second is his 5M Intraday system. My idea is to look for trends on the 4H and then look for entry points on the 5M system. Any thoughts on that?
Otherwise if you could check out the thread I started here at https://www.myfxbook.com/community/new-traders/starting-from-scratch/280698,1 I'd appreciate any input you might have.
Regarding the robots that Bijan mentioned please keep in mind I am new to this. Do these robots actually place the trade on your behalf? That is not something I'd be interested or trust but I could always use a little extra confirmation on my own system.
Thanks in advance for your help guys. Happy Trading!
Can you expand a little more regarding the manual system you are using as well as what type of alerts? So far I have been looking at two systems, both of which are from Phillip Nell, the first is his 4H MACD system and the second is his 5M Intraday system. My idea is to look for trends on the 4H and then look for entry points on the 5M system. Any thoughts on that?
Otherwise if you could check out the thread I started here at https://www.myfxbook.com/community/new-traders/starting-from-scratch/280698,1 I'd appreciate any input you might have.
Regarding the robots that Bijan mentioned please keep in mind I am new to this. Do these robots actually place the trade on your behalf? That is not something I'd be interested or trust but I could always use a little extra confirmation on my own system.
Thanks in advance for your help guys. Happy Trading!
forex_trader_43716
Členom od Aug 06, 2011
345 príspevkov
Mar 28, 2012 at 04:53
Hi there,
I focus on H4 timeframes because they are relatively 'noise' free and generate fairly accurate signals regardless of the indicator being used, i.e. MA, pSAR, etc. I too used to look to shorter timeframes for the entry point, and I don't think there is anything wrong with that, except that with the indicator I use now I don't find that I need the shorter timeframe.
Currently I am using Tom DeMarks Trendlines. Essentially, this is a breakout system from trendlines, and includes 4 qualifying filters at entry, 3 risk management exit conditions, and best of all, price projections with a good degree of accuracy. This allows me to systematically draw my trendlines (using DeMarks method), watch for a breakout, qualify the breakout, enter the market with a stop-loss, trailing-stop, and take-profit target, and exit the market quickly if risk management conditions dictate. Very clean, precise, and simple to follow.
Google TD Trendlines and you'll find lots of info.
Cheers,
Gary
I focus on H4 timeframes because they are relatively 'noise' free and generate fairly accurate signals regardless of the indicator being used, i.e. MA, pSAR, etc. I too used to look to shorter timeframes for the entry point, and I don't think there is anything wrong with that, except that with the indicator I use now I don't find that I need the shorter timeframe.
Currently I am using Tom DeMarks Trendlines. Essentially, this is a breakout system from trendlines, and includes 4 qualifying filters at entry, 3 risk management exit conditions, and best of all, price projections with a good degree of accuracy. This allows me to systematically draw my trendlines (using DeMarks method), watch for a breakout, qualify the breakout, enter the market with a stop-loss, trailing-stop, and take-profit target, and exit the market quickly if risk management conditions dictate. Very clean, precise, and simple to follow.
Google TD Trendlines and you'll find lots of info.
Cheers,
Gary
Členom od Jun 26, 2020
327 príspevkov
Jul 01, 2022 at 09:15
most welcome in this community , have a very good journey
Členom od Aug 05, 2021
401 príspevkov
Jul 02, 2022 at 13:31
Hello! You could start by utilizing free sites like this one, YouTube, and others to learn everything you need to know, then move on to a demo account and practice your strategy until consistently profitable.
Členom od Apr 09, 2019
538 príspevkov
Jul 29, 2022 at 12:09
Love to know how the OP is getting on now 10 years after this post. Can do a lot of learning and studying in that time!
If you can't spot the liquidity then you are the liquidity.
Členom od Jul 13, 2022
32 príspevkov
Aug 02, 2022 at 06:48
When I first started off with trading I made sure I am consistent with my knowledge and practice
Členom od May 18, 2022
24 príspevkov
Aug 03, 2022 at 05:54
Hello, welcome to the forum! You must focus on being patient throughout your journey. Study and analyse the market first, it’ll help you make good decisions leading you towards profit. Good luck!
Členom od Aug 17, 2022
39 príspevkov
Sep 06, 2022 at 05:58
Keep your morale high, because whenever you start something new, initially lessons come with failure, so trade on demo, learn how to deal with losses and use that experience for gains when you go live.
Členom od Jul 19, 2022
24 príspevkov
Oct 14, 2022 at 07:10
Hi there, welcome to the forum! Start by learning and understanding the market sentiment. Then, practice on a demo account to gain confidence and once you have it, make your move in the market. Use your own skills to get ahead and make profit. Do not rely on bots. Cheers!
Členom od Mar 28, 2021
617 príspevkov
Oct 16, 2022 at 18:45
To enjoy forex trading and to better a better amount, traders must be devoid of negative mindset. If you can, try to trade in a group so things become easier for you.
