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Type: Posts; User: Zachary Davis

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  1. Thread: GBP JPY

    by Zachary Davis
    Replies
    153
    Views
    20,531

    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...
  2. Thread: USD JPY

    by Zachary Davis
    Replies
    349
    Views
    33,201

    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...
  3. Thread: NZD USD

    by Zachary Davis
    Replies
    207
    Views
    22,983

    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...
  4. Thread: EUR USD

    by Zachary Davis
    Replies
    578
    Views
    73,775

    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...
  5. 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...
  6. 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...
  7. Replies
    2
    Views
    195

    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...
  8. Replies
    5
    Views
    36

    Interesting trade; but I am interested to know...

    Interesting trade; but I am interested to know your SL point of this trade! If possible; then please…..
  9. Replies
    6
    Views
    173

    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...
  10. Replies
    6
    Views
    173

    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...
  11. Replies
    9
    Views
    3,171

    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...
  12. Replies
    3
    Views
    2,305

    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...
  13. Replies
    6
    Views
    2,537

    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...
  14. 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...
  15. Replies
    5
    Views
    120

    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...
  16. Replies
    5
    Views
    114

    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?
  17. 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!
  18. Replies
    5
    Views
    972

    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...
  19. 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?
  20. 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!...
  21. Replies
    3
    Views
    791

    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...
  22. 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...
  23. Replies
    4
    Views
    1,286

    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...
  24. 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...
  25. 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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