Thank you for Your opinion but the name of the game is Making Profits. Yes i do agree with you about also knowing when to exit a trade as well, you do have a point there but we have a whole year ahead of us and you are jumping the gun so to speak. I have not put out when to exit a trade that is coming soon so if you just relax those answers will come rather sooner than later. It there a reason why you use a robot/automated system? do you know when to enter a trade or exit a trade without some robot doing it for you which over time in my opinion doesn't pan out. I believe if you are speaking to an audience about FX trading one should start at the very basic because building the foundation FIRST is very important which most people FAIL to do. Maybe there are using a robot/automated traing there account so they have no idea when to enter when to exit because it is all done for them and when things go wrong they have no idea what to do because they have no knowledge of the basics fundamentals of trading. If this thread is too watered down for you i am not speaking to you or that crowd. So you can disregard this thread and stop wasting your time reading it no insult intended or trying to get your "fur" up. Keep it Simple -CG
Correct that's why you WAIT for conformation because it may have reach a strong resistance and you need to know that in advance. Keep it Simple -CG
i didn't read down to 2 or three..just post your trades/observations BEFORE actual 'signal' . i really like to see how exactly you do that. identify,test,retest. just show us, the mortals..you are the guru,right?
Bob111, Here is a little treat This was done a few minutes ago 6/17/14 USDJPY See attachment You can trade this if you like as you can see it broke resistance and is testing the resistance if holds i will buy which is more aggressive onmy part. If you look you will see i draw a line at 102.25 which is the more secure trade in my opinion. If it breaks the 102.25 and retest 102.25 and it holds that's a higher percentage for a buy signal. thats call waiting for conformation after it breaks 102.25 and test the resistance. I hope you understand that was pretty simple. Keep it Simple -CG
USDJPY Technical Analysis (Sell) as far as 102.08 is resistance. The breakout of 101.80 will give a new SELL signal and should allow a retest of 101.60 (level 23.60%) and 101.32 in extension. If a return above 102.08, WAIT& Remain neutral between this level and 102.25 Note: like i explained Traders who are more aggressive could trade the pair according to 102.08 long above; Short below.
Hello CG, Your posts may be helpful to a few . Who knows. IMO you need to bring a stronger game and show more depth. Without it you wont be taken seriously. Here is an example. "Neither Tech or "Macro" thread by fxintruder in the journal section. He was left alone by ET . He showed much more depth and experience than you do. I can state with confidence that you are not him under a different handle/name. Yes, i did already get your message to keep it simple so no need to state it again. So what have you got?
Thanks for your opinion. If this thread is not for you with all due respect you don't have to view it or read it. Stop wasting your time I am not speaking to you then. It's too simple for you. Simply stick to what or who you know dont waste your time and disregard this thread. I am still going to Keep it Simple for those who see it best fit. After all this is free solid and EFFECTIVE information to like always " Professional Trader always try to complicate people so that they can buy there product. It appears that you might be one of those people. Just look at the chart/read my techical Analysis and do what it says just just that simple and see what happens. It's free I'm not charging anyone anything. Keep it Simple -CG
Could careless funny how you pay attention to stuff that's irrelevant. I know how to trade and make money that's what important to me. Why comment this thread is no for you. If you think it's useless information move on no need to reply so this will be my only time responding to you with all due respect. I had no idea that a person who put there instead of their can't trade lol please go educate yourself. I'm not worried about that if you want to you can. Like I said if you are talking about Mis used word then be a English Peofessor and make 35-40k a year. Keep it Simple -Guru