Hi Soondoock,
to clarify your breakout system, are these points right?
- you make a box by marking the hi and lo of gbpjpy and gbpusd on 15m at 4 am and 7 am gmt
- you sell if box is below 95 ema on 15m and buy if box is above 94 ema on 15m
- can i ask what you do is 95 ema is through the...
are there any currency pairs that behave opposite to each other? for eg if one pair is trending the other is ranging..
historical behaviour ofcourse..
and on this.. are there any reliable signals for trend exhaustion.. been doing research but wil appreciate any tips as well
i dont want to be moralistic here but dont think raising credit card money to spread bet is a good idea.. that money is costing you 24-26% interest.. you need to factor that cost to break even and start making money..
nope, am not discouraged.. i have mentioned before.. i have stepped into this with very realistic expectations. i want to make this work and am determined to make it work but am also aware that i will lose money and am prepared for it. i have a very successful day job and the budget i have...
ok, i hear you.. so why do all of you do it? and also if not forex then what? i am frankly not investing a lot cause i know i will lose.. so i am realistic that way..
am a newbie and am sure this has been asked before ..does anyone here trade forex for a living..
and an experienced trader would be able to earn what kind of money in a year ?