Recent content by prasadvissa

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    Any Currency shocker

    Can anybody tell me if this episode of CHF in Jan2015, is a one-off situation or there is history wherein there is a change of more than 5% in any currency on a single day??
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    Is my strategy good??

    @alexaherself, Thank you for your valuable inputs and I shall be referring this book you mentioned at the earliest opportunity.
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    Is my strategy good??

    Thank you for putting up a chart. I am using a different time frame , and different moving averages. Also, I exit my positions after a few pips instead of a reversal, for fear of losing all my profits!!! I hope I have made my plan clear. Good Luck.
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    Is my strategy good??

    @alexaherself, Thank you for your valuable inputs.
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    Is my strategy good??

    @Forexmospherian. Thank you for your inputs. can you please elaborate "More importantly what size stake are you using on a $5k account??- is it less than 2% with your maximum stop allowed - ie if your stop is 20 pips maximum size per pip then $5 . If capital dropped to say $4k then on 20 pip...
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    Is my strategy good??

    @Lightning McQueen. Thank you for your post. I am using a MA crossover in a shorter time frame and for every 10 successful trades ,one loss trade (approx), which is giving me overall profits to double my account.
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    Is my strategy good??

    Thank you @ Tomorton for your inputs. As pointed out by you, holding on to the trades for a longer period may have resulted in bigger profits, which I have to study and quantify. but to make a standard system/ strategy , I was getting out with minimal profits, to ensure that my hit ratio is...
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    Is my strategy good??

    Thank you @shadowman for prompt reply and inputs. I am using a $ 5k demo account of FXCM. and they are allowing , I guess, 1:100 leverage. Inspite of my loss trades which are 2.5 times more than the profitable trades, my success ratio was more than 80% and thats why I was able to double my...
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    Is my strategy good??

    I have been following a strategy, which i copied from some forums with a few minor corrections. I have been making profits consistently with success ratio of about 80 to 90%. and honestly i have been able to double my demo account in about one month's time. but the catch is , when i make a loss...
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    Sticky Introduce Yourself

    Hi All, I am new to Forex ,but not to trading. been trading for a while using TA. took a liking to Forex and here Iam.
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