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Type: Posts; User: Zachary Davis

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  1. Thank you very much for your advice! Yes, now I...

    Thank you very much for your advice! Yes, now I am making a check list based on my strategy & plan! I got this idea from your old post! Have a good day sir. Keep guiding us, thanks again.
  2. Usually, I use 3% risk on my per trade! But, here...

    Usually, I use 3% risk on my per trade! But, here I didn’t. Even I used 5%. Actually I was expecting buy moves according to the daily chart. I opened so many positions in the last week! That’s way,...
  3. Welcome back; nice to see your analysis once...

    Welcome back; nice to see your analysis once again! Last week was horrible to me; I lost almost 230 pips in there! That’s way, right now I am not interested on EURUSD.
  4. 2nd one, I mean I like to set my SL based on...

    2nd one, I mean I like to set my SL based on specific condition of that trade, it mainly depends on the support & resistant level. On the other hand, I also consider profit & risk reward ratio; if...
  5. To be honest, when I was a new Forex trader then...

    To be honest, when I was a new Forex trader then my intention was only on the technical analysis. Then I found, only technical analysis is not enough here, then I started to work with the...
  6. Well, I have almost 7 years trading experience;...

    Well, I have almost 7 years trading experience; frankly my 1st years were horrible! I invested my capital too early, as a result so many MC’s. By the way, right now I am making 8-12% monthly return...
  7. Replies
    4
    Views
    743

    Yes, Forex is open o all! But, that doesn’t mean...

    Yes, Forex is open o all! But, that doesn’t mean Forex is an easy way of money earning! I see, number of successful Forex traders are the full time trader; till now there have few part time trader!...
  8. I am not interested to compare Forex business...

    I am not interested to compare Forex business with any other job or business! Because, Forex is different! You can’t make money here until you have a good trading skill, your healthy trading capital...
  9. Replies
    5
    Views
    866

    My father is an established business personality...

    My father is an established business personality in my country. But after my graduation I didn’t follow his path. I knew, Forex is challenging but right now I am quite happy on my trading profession!...
  10. Replies
    5
    Views
    1,048

    I don’t know, how the traders can trade with a...

    I don’t know, how the traders can trade with a same strategy for multiple trading instruments! Because, this policy didn’t work for me! As a result now I am working on 5 different trading systems to...
  11. Trading with the technical tool is useful, but...

    Trading with the technical tool is useful, but don’t rely on only the indicators! Know why? Because, most of the time they shows wrong trading signals; this is way you need to work with the...
  12. Replies
    7
    Views
    1,135

    I really agree with you! I see, you are...

    I really agree with you! I see, you are continuously adding good posts here! Thank you very much for your contributions. I am sure, I’ll be active more! Thanks in advance.
  13. Replies
    6
    Views
    611

    It’s true nowadays there have so many automatic...

    It’s true nowadays there have so many automatic ways of trading like PAMM, Copy Trading Service! But, it’s not easy to manage a good account manager. Because, scammers are available here & there. On...
  14. Actually, the service charge was only 200$ and my...

    Actually, the service charge was only 200$ and my trading capital was 1800$. They provided me such an impressive trading result, that’s way I trusted them.
  15. I see, nowadays PAMM and copy trading service is...

    I see, nowadays PAMM and copy trading service is too much popular than the signal service! I have also such a bad experience, I lost almost 2K in my early stage of trading by using so called signal...
  16. Replies
    5
    Views
    402

    So you are holding this trade from the last 13-14...

    So you are holding this trade from the last 13-14 days? Are you a swing trader mainly?
  17. Wow; such a cool plan! I guess you are a full...

    Wow; such a cool plan! I guess you are a full time trader! So, in a day how much time you spend here (in average)?
  18. Nice to know your trading plan! By the way, how...

    Nice to know your trading plan! By the way, how you select your break session periods? Means, after making couple of TP’s/SL’s; or any specific hour’s number?
  19. Thread: GBP JPY

    by Zachary Davis
    Replies
    153
    Views
    21,598

    According to my analysis; now there is no good...

    According to my analysis; now there is no good entry point! Even, I am not sure about the market trend on this trading pair! Frankly, recent sell move from the level 156 was so unexpected to me...
  20. Thread: USD JPY

    by Zachary Davis
    Replies
    353
    Views
    35,783

    I have opened a buy trade on the level 108.60, 2...

    I have opened a buy trade on the level 108.60, 2 days earlier! Here my initial target is 111.30; and my 2nd TP position is around 113.34! According to my observation now we are in a range between 114...
  21. Thread: NZD USD

    by Zachary Davis
    Replies
    207
    Views
    24,108

    Although the trend is bullish; but I think 0.7403...

    Although the trend is bullish; but I think 0.7403 was a good opportunity for the short term sellers! You may see, right now sellers are too much active in this trading pair; if they can keep...
  22. Thread: EUR USD

    by Zachary Davis
    Replies
    580
    Views
    78,859

    I think 1.2509 was a good opportunity for the...

    I think 1.2509 was a good opportunity for the sellers! Right now, we are in a intraday bearish trend and I am expecting sell moves continuation until the level 1.1909; if I get enough buy pressure...
  23. I see, few traders are complaining about the...

    I see, few traders are complaining about the usefulness of demo; they can use cent type live account for learning purpose! Whatever; till now demo s the best way of learning! Naturally new traders...
  24. It’s not important only for trading but all of...

    It’s not important only for trading but all of aspects in life! Definitely, you won’t get best result when you are working with a confusing mind! Even, I see many traders are investing a huge amount...
  25. Replies
    2
    Views
    361

    Practice is the key! A trader is trading with a...

    Practice is the key! A trader is trading with a particular trading system and he is making money consistently; that doesn’t mean you’ll able to make money too by using this tool! So, practicing...
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