Recent content by butterfly100

any good FX Strategy to suggest? I am a scalper as well...but I im for at least 50 pips per trade, otherwise it ain't worth it....nevertheless it is very stressfull and extremely hard to keep yourself updated with the information flow over the market..any suggestions?

they might not be good idea, but I am making money, 400 points in one day..I don't bet much money, as I am newbie, but it seems it works.....is this only beginner's luck?

dis, if you are not quick, you might ended up in the worng side of the market if the breakout/pullback strategy is not part of a bigger strategy....what do you think?

i bet it should rebound tomorrow...the economy in US is flattening...I see it heading back to 8500/8550

sorry, im new, what is TFs?

Ok Forker...the Dow at 8300 or 8200 or 8100, what is tellign you? How do you read it? How can you say, time to long/short, wait till get this stage...no action for a week it is moving sideways....I know it is a matter of trading style, but as I am new I am just trying to get some thoughts untill...

Dow towards a new low this week? How likely to hit below 8100?

hi Jiggly, thanks for that. How about the news? Say you trade GBP/USD, how much attention you pay to macroeconomic and political news from US and Britain. At the end of the day they are drivers behind the volume....Cheers

any good idea on how to trade on a pullback or breakout going against the trend for a very limited short period? Cheers Butterfly100

Thanks Forker...very clear and good explanation...will keep you updated on how my trading goes..at the moment only Indices and FOREX, while I learn

What do you trade?

Understood..how can then you say...I look at the price and I decide to entry at X Level. How do you base you decision? How do you know the price is weak or strong? Cheers Butterfly100

should go short today? any suggested entry leve?

Hello everyone, I am new to this forum. I have recently started trading DJ and FX (GBP/EUR, GBP/USD, EUR/USD). any tips or advices more than welcome. Happy Trade butterfly100

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