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Type: Posts; User: Zachary Davis

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  1. Replies
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    Thank you very much for your answer! Yes, 1450,...

    Thank you very much for your answer! Yes, 1450, is not a small calculation! But I think, if market breaks the level 1.3616 only then it will be a bullish trend! Otherwise, it will be a bearish trend...
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    Ohh really? Actually I was expecting sell trend...

    Ohh really? Actually I was expecting sell trend continuation! I opened a sell trade around 1.3513 and already got my SL! If market reaches 1.3588 level within today, then I’ll open another sell trade...
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    3,079

    No doubt, candle chart is the most popular chart...

    No doubt, candle chart is the most popular chart than the others 2 trading charts! When I was a new trader then I just used bar and line chart; to know their principles! I must say, candle chart is...
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    2,248

    To be honest, low entry cost is the most...

    To be honest, low entry cost is the most important point for me! Because, when I started Forex trading business then hadn’t enough money to start any traditional business! But, I didn’t mean; it’s an...
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    2,482

    Hello Noin; how corrective wave can go against...

    Hello Noin; how corrective wave can go against the impulse wave? Because I see; corrective moves are like horizontal channel; never seen any against move according to the previous impulse channel! By...
  6. Don’t worry buddy; it’s a challenging profession!...

    Don’t worry buddy; it’s a challenging profession! 2015 yeas horrible for me; but now I am happy on my yearly outcome! I want to suggest you; please focus on your process not on your result! It helped...
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    Hi Dorman, interestingly I am not using this...

    Hi Dorman, interestingly I am not using this trading pair because of the same reason, yes it’s too much volatile and I lose my trades there so quickly! I like to use EUR/USD, NZD/USD and USD/CAD...
  8. I think, it’s a tricky trade! By the way, I like...

    I think, it’s a tricky trade! By the way, I like your idea, especially on 2nd TP! Whatever, may I know the SL position of that trade?
  9. Thanks again for sharing your analysis! But, I...

    Thanks again for sharing your analysis! But, I wanna know about the parameters of your moving average indicator! If possible than please!
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    A good trading broker is a very much important...

    A good trading broker is a very much important parameter here! No one can success here without a good trading broker. Good means, which broker provides 100% capital security with all of latest...
  11. You are absolutely right! By the way, what kind...

    You are absolutely right! By the way, what kind of trader you are? Are you full time trader or part timer? What’s the ideal situation for you?
  12. I don’t think, it’s a good idea to invest such a...

    I don’t think, it’s a good idea to invest such a good amount without proper trading knowledge and experience! It’s true, Forex is open to all but that doesn’t mean Forex is easy way of money making!...
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    To be honest, till now I can remember my 1st year...

    To be honest, till now I can remember my 1st year trading experience! I lost my demo account for 8 times when I try to build here a proper trading strategy! I think, loss is very common scenario for...
  14. A good trading plan is always important whatever...

    A good trading plan is always important whatever trader you are either it’s new or old! Logically, new Forex traders should concentrate on learning rather than earning! They should practice their...
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    Exactly it is! This is why, almost all of new...

    Exactly it is! This is why, almost all of new Forex traders start their career by the EUR/USD and others major trading instrument! By the way, according to my observation, new traders should start...
  16. The list is very long and they belong with a...

    The list is very long and they belong with a different lifestyle! Even, I am sure there are too many differences in their point of view! While a good trader started his trading career with learning...
  17. To be honest, I don’t rely on any specific...

    To be honest, I don’t rely on any specific trading session for scalping trading or any kind of trading style! It depends on the position of market according to my trading strategy! Even, I am...
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    784

    I must say, this is very much useful posts for...

    I must say, this is very much useful posts for the new Forex traders who really want to learn fundamental trading from the basic level! By the way, when I was a new Forex trader then I followed only...
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    If you are a new Forex trader, then your main job...

    If you are a new Forex trader, then your main job is following the market trend! Trading against the market trend is not impossible but it’s the most challenging task! Only pro Forex traders can do...
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    Interesting point is, there is no fixed rule of...

    Interesting point is, there is no fixed rule of money making; few traders are making money by using technical analysis only! Others are depending on fundamental even; many traders are using automatic...
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    I started my trading career through technical...

    I started my trading career through technical analysis! I seem, technical analysis is relatively easy than fundamental; so I spent by beginning sessions with only technical analysis! But it’s true,...
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    Sometimes, I am and sometimes I’m not! Because,...

    Sometimes, I am and sometimes I’m not! Because, till now I have to improve more on my trading quality! Right now I am trading with 60-65% accuracy! So, I loss around 40% of my trades! So, when I face...
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    When I was a new Forex trader, then I thought;...

    When I was a new Forex trader, then I thought; Forex is a very easy way of money making! Then I used high trading lots size according to my greed! By the way, now I know the reality of Forex trading...
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    Hello dear! I have a question! What’s the name of...

    Hello dear! I have a question! What’s the name of current trend, is it buy trend or sell trend?
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    Knowledge is the key point here! No one can...

    Knowledge is the key point here! No one can success in Forex industry without enough trading knowledge! I see, professional Forex traders trade confidently because of their trading knowledge! Even,...
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