depend on Signal service ?

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Old Oct 27, 2017, 11:56am   #1
Joined Apr 2017
depend on Signal service ?

Frankly, I have on interested on signal service, because I canít rely on others decision since I am here for being a successful Forex trader! But I am interested to know your trading strategy! May I know the name of your trading strategy please? By the way, I am sure there is nothing like 100% in Forex business!
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Old Oct 27, 2017, 6:24pm   #2
Joined Sep 2013
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Originally Posted by Peter Borren View Post
Frankly, I have on interested on signal service, because I canít rely on others decision since I am here for being a successful Forex trader! But I am interested to know your trading strategy! May I know the name of your trading strategy please? By the way, I am sure there is nothing like 100% in Forex business!
Fundamental analysis, intuition trading. I would also call it experience trading, when you study different market reactions on same news, speeches or report. Its a kind of deciphering underlying price drivers which 90% traders miss because of using old or outdated knowledge
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Old Oct 27, 2017, 6:32pm   #3
FXX
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Originally Posted by gerryg View Post
Fundamental analysis, intuition trading. I would also call it experience trading, when you study different market reactions on same news, speeches or report. Its a kind of deciphering underlying price drivers which 90% traders miss because of using old or outdated knowledge
Most retail traders focus on technicals and ignore news so it's more a case of ignorance than outdated information from my understanding.
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Old Oct 28, 2017, 11:14am   #4
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Peter Borren started this thread
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Most retail traders focus on technicals and ignore news so it's more a case of ignorance than outdated information from my understanding.
Yes , because having experience with fundamental knowledge is a long time approach . so they always looking for a comfortable technical analysis.
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Old Oct 28, 2017, 11:24am   #5
FXX
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Yes , because having experience with fundamental knowledge is a long time approach . so they always looking for a comfortable technical analysis.
if you believe fundamental analysis in trading requires a long time frame then you really don't understand it. Yes you can use it to capture economic shifts but you can make more money day trading. How can technical analysis be more comfortable when you have no idea what's driving the market. In any given day i can tell you exactly why price is moving giving me more confidence than you could ever achieve trading with only technical analysis. Now i can't say this is the case in all markets but i certainly is the case in forex.
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Old Oct 28, 2017, 12:21pm   #6
Joined Feb 2002
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Originally Posted by Peter Borren View Post
Frankly, I have on interested on signal service, because I canít rely on others decision since I am here for being a successful Forex trader! But I am interested to know your trading strategy! May I know the name of your trading strategy please? By the way, I am sure there is nothing like 100% in Forex business!

Trend-following from daily and weekly charts. Pyramiding winners at fixed gain.
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Old Nov 4, 2017, 9:59pm   #7
Joined Feb 2016
Signals are very hard nuts to crack in my opinion. Better to take a look at economic calendar to have a better insight about the market.
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