Intraday Trading the Forex market to make consistent profit
Post on: 21 Апрель, 2015 No Comment
Intraday Trading the Forex market to make consistent profit
Intraday Trading the Forex market to make consistent profit
Hi Members
I plan to use this thread to compliment my other thread — Intraday Live short term trading — under the discretionary section of the T2W main forum.
I will explain in more detail how I trade the currency market — but my knowledge and experience is just too valuable to give out every special tip I have learned in the last 11 years of forex day trading to an open forum
You will therefore have to use your own brain and eyes to really explore what I see and how I achieve consistent daily results in basically any market conditions.
I don’t expect everyone to agree and believe everything I will be saying — but I will say it is based on my own FX retail trading experience of which over the last 6 years as been as a full time trader.
I don’t sell courses or books / dvd’s or do any trading lectures. I only trade spot fx — nothing else — not even gold or silver — so my own particular method or strategy should only be applied to currencies — as that is the only product I have ever used it on
I have only traded in the retail section of the industry — I have never worked in the commercial sector so only have basic knowledge of the other side of the fence — or as far as I am concerned — the enemy ;-))
I now have over 15k of hours watching live small frame currency charts — approximately 14k of live trades behind me on mainly 6 to 8 currency pairs with probably well over half of those live trades purely on the EU and GU.
I think that is really enough experience for you all to believe that I should know what I am talking about
I also recommend that you only start following what I am going to explain if you have at least 18 months or 2 yrs of existing forex trading knowledge behind you — so that you at least understand the basics — and also have already experienced how easy it is to lose money day trading.
i will now try and explain how to change that — but don’t think its just a quick 1 month training exercise — the quicker learners might only need another 6 months — whereas many will need 9 -12 further months to be at least a lot more consistent.
I welcome questions along the way — and will first start on whether you might be suitable for this new journey.
loads more to follow
Regards