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Type: Posts; User: Marcus Reilly

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  1. Replies
    6
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    153

    Thank you very much for your analysis! Got an...

    Thank you very much for your analysis! Got an idea about TP (around 1.1280) according to your next support level! But, where will be SL position. Above the resistance level or anything else?
  2. A great analysis indeed! Basically I have opened...

    A great analysis indeed! Basically I have opened my buy trade at the point of 0.7747 and now I am profit with 35 pips! It’s a swing trade position because I have opened this trade for 290 pips! I...
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    173

    Oh; but I opened a sell trade @ 1.2500 level! I...

    Oh; but I opened a sell trade @ 1.2500 level! I hope market will go once again below 1.2124 level very soon according to my market observation! I am using here 60 pips SL with 380 pips TP! In...
  4. No doubt, Forex trading business is much unique...

    No doubt, Forex trading business is much unique than others profession either its online or offline! The advantage is, the market is being open for 24 hours! As a result, anyone can use this trading...
  5. Replies
    3
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    1,266

    Forex trading is my main source of money making!...

    Forex trading is my main source of money making! I start my day by opening my trading chart and also close my day by closing my trading chart! Here I spend more than 12 hours! But I take short breaks...
  6. Well, Forex trading is not a money machine it’s a...

    Well, Forex trading is not a money machine it’s a pure definition of online business! This s way, I don’t lose my momentum when I face my SL! I know 100% profit making is not possible here! On the...
  7. Replies
    8
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    134

    Well, I opened a buy trade on the level @110.12...

    Well, I opened a buy trade on the level @110.12 level and right now I am wit 247 pips profit! As a swing trader, I am comfortable with long take profit position, actually I have opened that trade for...
  8. Replies
    5
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    729

    Now I am very serious on greed issue! Because, I...

    Now I am very serious on greed issue! Because, I have already lost my trading capital for 3 times because of greed! Basically right now I am take caring by following my trading targets so honestly!...
  9. Replies
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    905

    To be honest, when I was a new Forex trader then...

    To be honest, when I was a new Forex trader then I suffered a lot because, I started my trading profession without any trainer! By the way, I never lost my hope! In addition, I always used a note...
  10. Replies
    3
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    737

    I have seen, many Forex traders are struggling by...

    I have seen, many Forex traders are struggling by following only technical analysis same pinch for the traders who are depending on only Fundamental analysis! It’s info based profession and there is...
  11. Replies
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    140

    I don’t think it’s good choice for right now!...

    I don’t think it’s good choice for right now! Because, last week we got almost 380+ buy move! So, I think this week will be for the sellers! Look at the last daily candle sellers are on the track! In...
  12. Replies
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    143

    Steve; frankly speaking! I like your style of...

    Steve; frankly speaking! I like your style of market analysis! Simple but too much meaningful! By the way I don’t think till now bullish trend is available! Recent sell move is so much aggressive so...
  13. Yes, right now I am also with sell trade here!...

    Yes, right now I am also with sell trade here! Basically, I opened my Sell trade on 146.17 level according to my personal trading system that I made from default trading indicator! By the way, right...
  14. Replies
    6
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    875

    That’s the wrong approach! If a new trader starts...

    That’s the wrong approach! If a new trader starts his trading career with that kind of aim, no doubt he is going to lose his trading capital very soon! Forex trading is a long time process! In...
  15. Replies
    4
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    834

    You are absolutely right, new traders are joining...

    You are absolutely right, new traders are joining here so keenly, but do you know more than 75% Forex traders leave this trading profession within 1st 3 years! That’s the reality! Yes, there is no...
  16. No way actually! For the reason that, Forex...

    No way actually! For the reason that, Forex trading is all about concentration! Even, I don’t make my analysis when I don’t feel well mentally! By the way, in my live trading I always use a decent...
  17. You can identify the class of a trader according...

    You can identify the class of a trader according to their monthly trading target! A professional Forex trader always follow a logical monthly target like 10-15% while non-professional Forex traders...
  18. Replies
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    693

    The Forex market itself plays a part! This is the...

    The Forex market itself plays a part! This is the number one online profession! In addition, I believe it is very possible to make handsome money from this financial market! But I started my trading...
  19. Replies
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    1,831

    Selecting a good trading broker is very important...

    Selecting a good trading broker is very important issue in Forex! No one can success here with a market maker Forex broker! Reliable Forex broker always helps their traders to make handsome money by...
  20. I have a checklist for my live trading, and when...

    I have a checklist for my live trading, and when I get all of green signal from every single point only then I open my new trade position! Yes, I can’t open so many entry points in my trading because...
  21. Replies
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    2,089

    Yes, last 2 years sellers were too active on this...

    Yes, last 2 years sellers were too active on this trading instrument! But from the last three month of 2016, buyers are proving their sign here! The lowest point was 1125. 64 and now it’s around...
  22. I see, you have described here Price Action...

    I see, you have described here Price Action trading strategy; although I don’t use PA trading system is my live trading account but I appreciate your analysis, it looks like very easy to read the...
  23. Replies
    5
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    743

    For me, the basic rule of money management policy...

    For me, the basic rule of money management policy is using only 1% risk in every single trade position! That means, I need almost 100 negative trade positions to clean out my live trading account! On...
  24. What are the common mistakes that novice traders make in Forex?

    Hello forum members! I have opened this thread for discussing about common trading mistakes of novice traders! My main intention is awareness raising nothing else! So if you are an expert Forex...
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    721

    Well, I practiced my demo account for seven...

    Well, I practiced my demo account for seven months only! I worked with 16 trading strategies in my demo account, I modified them by many different ways to find out best monthly return! My modified...
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