[19:32:10] Similo Zakwe: hi
[19:35:15] Forex Trader (Denis): hi!
[19:36:11] Similo Zakwe: hope you doing ok that side....how is trading treating you today?
[19:36:33] Forex Trader (Denis): i have accomplish my daily goal!
[19:38:33] Similo Zakwe: WOW happy for you, your website is so helpful man it has improve my knowlagde in trading so I thank you for that
[19:38:56] Forex Trader (Denis): I am glad to here that!
[19:39:17] Forex Trader (Denis): I am writting another two posts!
[19:40:03] Forex Trader (Denis): very interesting!
[19:41:21] Similo Zakwe: Looking forward to it, so do you think the EUR/USD will reach 3810 again?
[19:43:38] Forex Trader (Denis): you mean like today?
[19:43:53] Similo Zakwe: yes
[19:44:19] Forex Trader (Denis): we still have intraday down trend!
[19:45:21] Forex Trader (Denis): long term we have UP-trend!
[19:46:32] Forex Trader (Denis): posible support at 1.3734
[19:48:14] Similo Zakwe: ok...I see, here I am using 5 indicators isn't too much Danis?
[19:49:10] Forex Trader (Denis): I don't work with indicators!
[19:49:43] Forex Trader (Denis): Tell me your situation, do you have open position?
[19:51:52] Similo Zakwe: yes and I am in long position (EUR/USD) I entered at 3799 using a 5munites chart
[19:54:06] Forex Trader (Denis): what is your take profit point and stop loss?
[19:55:42] Similo Zakwe: take profit is at 3705 and stop loss is at 3749
[19:57:00] Forex Trader (Denis): when did you enter the position?
[19:58:01] Forex Trader (Denis): before how many minutes?
[19:58:47] Similo Zakwe: 20:00(57 munites ago)
[20:00:43] Forex Trader (Denis): price should come back minimum to 1.3783
[20:01:36] Forex Trader (Denis): You have make a mistake when you enter long at this time!
[20:01:50] Forex Trader (Denis): and you must admit your mistake!
[20:02:07] Forex Trader (Denis): Don't allow to lose 50 pips!
[20:02:20] Forex Trader (Denis): try to exit the trade with small lose
[20:02:37] Forex Trader (Denis): for now wait!
[20:03:19] Forex Trader (Denis): If price bounce rigt now then you will have a chance to exit on break even!
[20:03:42] Similo Zakwe: Ok, yes I admit I made a mistake and I only fealise now
[20:05:28] Forex Trader (Denis): this is a good sign!
[20:07:03] Similo Zakwe: does not look good now you see!!!!!
[20:07:28] Forex Trader (Denis): I am watching the chart for you!
[20:07:47] Forex Trader (Denis): M5 has good sign for now!
[20:08:14] Forex Trader (Denis): bouncing from 1.3770
[20:11:13] Forex Trader (Denis): time is passing and that is good!
[20:15:25] Similo Zakwe: yes you are right...I think the combination of my indicators is not good( Stochastic oscilators, MACD, Rsi & Moving Average) for an itaday trader like me....what do you think Denis?
[20:15:59] Forex Trader (Denis): I think that you are reading them wrong!
[20:16:57] Forex Trader (Denis): FIRST thing that you need to detect is what trend is infront of you!
[20:17:15] Forex Trader (Denis): Did you detect trend first?
[20:18:59] Forex Trader (Denis): If price come to 1,3766 you can close your position and admit your mistake!
[20:19:52] Forex Trader (Denis): price is near our firs target 1.3784
[20:21:52] Similo Zakwe: Yes it is....NO I do not detect the trend I only look at what the market is doing at the time
[20:22:56] Forex Trader (Denis): now is the question will price break 1.3784 resistance!
[20:24:43] Forex Trader (Denis): ok!
[20:25:25] Forex Trader (Denis): we have chance to close this with minimum loss I would say roun 70%
[20:26:13] Similo Zakwe: what do you mean roun70%?
[20:26:44] Forex Trader (Denis): 70% to go in our direction and 30% to go against us!
[20:27:27] Similo Zakwe: OK I see so lets watch!
[20:31:52] Similo Zakwe: looks like the price gonna go side way now
[20:33:46] Forex Trader (Denis): close the position now!
[20:36:15] Forex Trader (Denis): did you close the position?
[20:36:49] Similo Zakwe: yes I have closed it, may I ask you why you said I should close it?
[20:37:20] Similo Zakwe: At a 17 PIPs lose
[20:37:23] Forex Trader (Denis): It was down-trend!
[20:37:48] Forex Trader (Denis): And price has stay for a crtain time in one place
[20:38:00] Forex Trader (Denis): And that is 50/50 chance
[20:38:29] Forex Trader (Denis): you are risking 33 pips to get 17 and that is lousy equation
[20:38:55] Forex Trader (Denis): This move would be called cut your losses short!
[20:39:57] Forex Trader (Denis): It is much better to find another better apportunity to get this 17 pips than this one!
[20:41:15] Similo Zakwe: Yes you are right
[20:41:47] Forex Trader (Denis): FIRST you need to detect the trend (UP or DOWN)
[20:42:11] Forex Trader (Denis): SECOND meassure the moves!
[20:42:48] Forex Trader (Denis): action move is move from C to B and reaction move is from B to C.
[20:43:38] Forex Trader (Denis): So when you find price near possible C then you have to watch indicators for confirmation.
[20:45:14] Forex Trader (Denis): If you don't understand what you see on m5 graph then zoom out to m10 or maybe m15! If you still don't undertand what you see then zoom out some more m30,1h...
[20:47:08] Forex Trader (Denis): You will make mistakes even in future! why? Because this is a game and you can be the best player but you will suffer the lose. WHY? Because there is no 100% accurate trading system. Try to compare forex trading with TENIS game.
[20:48:50] Forex Trader (Denis): The most important thing is, when you find out that you have made mistake then try to find your way out with minimum loss. I didn't say that it must be zero. Just calculate the risk!
[20:50:37] Similo Zakwe: Understood, so how do you come up with these moves(B to C)?
[20:51:27] Forex Trader (Denis): how I came up? One old trader has tell me!
[20:54:35] Similo Zakwe: can you reveal to me on how you meassure those B-C please?
[20:55:52] Forex Trader (Denis): Can you read with ABC method?
[20:55:59] Forex Trader (Denis): TREND
[20:57:10] Similo Zakwe: To be honest with you I've tried to but I realy found it hard to understand it!
[20:58:56] Forex Trader (Denis): if you watch m5 you will see Cx
[21:00:10] Similo Zakwe: EUR/USD?
[21:00:16] Forex Trader (Denis): yes
[21:00:54] Forex Trader (Denis): I will sell now
[21:01:24] Similo Zakwe: With what target?
[21:01:34] Forex Trader (Denis): 10-15 pips
[21:02:12] Forex Trader (Denis): stop 15 pips
[21:02:35] Forex Trader (Denis): it is 60/40
[21:03:28] Similo Zakwe: Ok but looks like its gonna go up though!
[21:04:54] Forex Trader (Denis): I expect side-way trend
[21:11:58] Forex Trader (Denis): now is 70/30 for sell
[21:12:26] Similo Zakwe: Ok why now?
[21:12:56] Forex Trader (Denis): price has make new high
[21:13:14] Forex Trader (Denis): buy pressure has drop down
[21:13:35] Forex Trader (Denis): price is high above ma20
[21:13:51] Forex Trader (Denis): stoch is above 80
[21:14:08] Forex Trader (Denis): we still have down trend
[21:14:41] Forex Trader (Denis): price has gone up in one move round 34 pips
[21:15:32] Forex Trader (Denis): best place would be round 1.3820
[21:21:55] Forex Trader (Denis): I have lose 15 pips!
[21:21:58] Similo Zakwe: Sorry I lost connection, so its best price for what?
[21:22:13] Forex Trader (Denis): So I must not trade any more!
[21:22:37] Similo Zakwe: for now!
[21:22:50] Forex Trader (Denis): You must have your daily goal
[21:23:17] Forex Trader (Denis): If you reach your daily goal then you must not trade any more for that day.
[21:23:48] Forex Trader (Denis): And if you lose round 2% then you must not trade any more that day!
[21:24:17] Forex Trader (Denis): this trade was on a demo account because I allready have accomplish my goal!
[21:24:38] Similo Zakwe: Ok, 2% of your investment?
[21:24:50] Forex Trader (Denis): FOR EXAMPLE!
[21:25:18] Forex Trader (Denis): daily goal 1%, daily risk 2%
[21:25:30] Forex Trader (Denis): so what does that mean?
[21:25:58] Forex Trader (Denis): If you reach your daily goal it is over for that day!
[21:26:27] Forex Trader (Denis): but if you lose 2% in a day then trading is over for that day
[21:26:55] Forex Trader (Denis): That does not mean that you should risk 2% per one position
[21:27:25] Forex Trader (Denis): and that does not mean that you should take profit of 1%
[21:27:36] Forex Trader (Denis): this is just your daily goal!
[21:28:01] Forex Trader (Denis): Same as you have daily goals you must have weekly goals!
[21:28:08] Forex Trader (Denis): for example:
[21:28:27] Forex Trader (Denis): Weekle goal 3.5% and risk 3%
[21:28:36] Forex Trader (Denis): What does that mean?
[21:29:10] Forex Trader (Denis): If you reach your weekly goal than trading is over for that week
[21:29:33] Forex Trader (Denis): if you lose 3% then trading is over for that week.
[21:29:48] Forex Trader (Denis): Monthly goal 14% risk 5%
[21:30:15] Forex Trader (Denis): If you lose 5% in two weeks than trading is over for that month
[21:30:47] Forex Trader (Denis): or if you earn 14% in four weeks trading is over for that month
[21:30:55] Forex Trader (Denis): that is called trading plan!
[21:32:58] Forex Trader (Denis): So one losing month will drawdown your account for only 5% and one sucessfull month will cower 3 loosing months.
[21:33:14] Forex Trader (Denis): To have a trading plan is very important!
[21:33:54] Forex Trader (Denis): not only to keep money managment but to protect you from yourself!
[21:35:18] Similo Zakwe: OK I see so how do you detimine how do you detemine the risk you put your stop loss on that percentage(ie.3%)?
[21:36:15] Forex Trader (Denis): this depends on your trading strategy!
[21:36:35] Forex Trader (Denis): I like to scalp the market!
[21:37:17] Similo Zakwe: me too thats what I like....
[21:37:40] Similo Zakwe: And I end up overdoing it sometimes
[21:37:51] Forex Trader (Denis): overtrading!
[21:38:04] Similo Zakwe: yes
[21:38:13] Forex Trader (Denis): Thats why I have trading plan!
[21:38:25] Forex Trader (Denis): My last position is overtrading!
[21:38:56] Forex Trader (Denis): and my trading plan says to me not to trade on a live accoun any more today!
[21:39:59] Forex Trader (Denis): Do you know what emotions are involved when we are trading the market?
[21:40:33] Similo Zakwe: Gready and Fear?
[21:40:42] Forex Trader (Denis): ok!
[21:41:08] Forex Trader (Denis): so you can recognize when greed and fear attaks you?
[21:42:16] Similo Zakwe: yes but most of the time I get attecked by fear not greed
[21:42:35] Forex Trader (Denis): Are you trading live or demo account?
[21:42:50] Similo Zakwe: both
[21:43:07] Similo Zakwe: but that one was a live one
[21:43:14] Forex Trader (Denis): ok
[21:43:50] Forex Trader (Denis): then you can tell is there any other emotion that attack you when you are trading?
[21:44:11] Similo Zakwe: no....
[21:44:43] Forex Trader (Denis): have you ever feel ucertain about entry into position?
[21:44:50] Forex Trader (Denis): uncertain
[21:45:11] Similo Zakwe: yes almost every time
[21:45:18] Forex Trader (Denis): That emotion is called indecision!
[21:45:28] Forex Trader (Denis): it is your enmy!
[21:45:56] Forex Trader (Denis): when you feel indecision then don't trade, just wait!
[21:46:23] Forex Trader (Denis): there are two conditions that must meet up to take a trade!
[21:47:01] Forex Trader (Denis): first you must be ready for trading the market (knowing your self and your feelings)
[21:47:13] Forex Trader (Denis): be patiance
[21:47:22] Forex Trader (Denis): devote your time
[21:47:48] Forex Trader (Denis): When you sit in front of your computer
[21:48:02] Forex Trader (Denis): what is your intention?
[21:48:53] Similo Zakwe: is to meet my projections for the day
[21:49:53] Forex Trader (Denis): I hope that you didn't sit in front of a comp. and think lets trade (few trades).
[21:51:01] Forex Trader (Denis): because second thing is: Market must be ready for you (for your trading strategy)
[21:54:02] Forex Trader (Denis): When you sit in front of charts you must have only one thing on your mind and that thing is:" I will watch charts only for next half hour and if I see opportunity with 3 spots (entry,stop,take profit) then I will take a trade but if I don't find that opportunity in next half hours I will turn off my comp. and leave"
[21:56:03] Forex Trader (Denis): There is another emotion:
[21:56:27] Forex Trader (Denis): When price starts to go against us and we don't wanna close the position but we are telling ourself:"It will come back!"
We just don't wanna admit our failure and we can call that ignorance or pride (to proud to admit that I was wrong).
[21:56:56] Forex Trader (Denis): did you experienced that?
[21:59:45] Similo Zakwe: yes but sometimes you see that you analyse your charts correctly but just when you enter the trade the trand change emidiatly thats realy confusing me..and I think we tend to want fast profit
[22:01:23] Forex Trader (Denis): when that happens you just need to react as today (cut your looser short)
[22:01:52] Forex Trader (Denis): lose is part of every game!
[22:03:45] Similo Zakwe: So the important thing is to know your equity before you take a trade and know how much you gonna risk on that day?
[22:04:09] Forex Trader (Denis): that is the most important
[22:05:13] Forex Trader (Denis): for example I risk round 1% per position and my goal is to take 1%
[22:06:26] Forex Trader (Denis): I trade only one position per a time
[22:07:40] Forex Trader (Denis): if price bounce and start to go agains me then I get out with small profit or small lose.
[22:14:34] Similo Zakwe: right..so do you have time table for your trading or you trade any time you see the opportunity?
[22:18:08] Forex Trader (Denis): wait a min I will come back!
[22:18:30] Similo Zakwe: no problem
[22:52:15] Forex Trader (Denis): Hey!
[22:52:18] Forex Trader (Denis): I am back
[22:54:04] Similo Zakwe: Welcome back
[22:54:09] Forex Trader (Denis): ok
[22:54:17] Forex Trader (Denis): I see the question...
[22:54:51] Forex Trader (Denis): I like to trade after LONDON closes
[22:55:47] Forex Trader (Denis): but I must be certain that there is no relevant news sheduled
[22:56:59] Forex Trader (Denis): And if everithing is clear than I will start searching for trading opportunity
[22:57:48] Forex Trader (Denis): I never trade more than 2 hours in one day
[22:58:42] Similo Zakwe: and on that time your normaly meet you goal?
[23:00:17] Forex Trader (Denis): yes
[23:00:50] Forex Trader (Denis): only depend will opportunity show up.
[23:01:32] Forex Trader (Denis): if opportunity does not show then I don't trade that day
[23:02:09] Forex Trader (Denis): I am sleepe!
[23:02:29] Forex Trader (Denis): so I will say good night to you!
[23:03:11] Forex Trader (Denis): That is everything for today!
[23:03:21] Forex Trader (Denis): by!
newbie
hello
[You]
Hi!
[Febbre Suina Influenza A]
dou you want to try a new forex broker ?
[You]
no
[Febbre Suina Influenza A]
what is your broker ?
[You]
fxcm
[Febbre Suina Influenza A]
try uwc trader
visit my site forextrading4.jimdo.com
[You]
sorry
That is foreign site...
[Febbre Suina Influenza A]
my site propose several new forex broker with promotion
my website also propose daily trading strategy
[You]
21:13
is that adsense on your site?
[Febbre Suina Influenza A]
there are no adsense
[You]
I see Plus500 and that brokerage house has some law issues in Europe.
[Febbre Suina Influenza A]
uwc trading is very good
try it
[You]
no, I will not try because I am satisfied with FXCM.
[Febbre Suina Influenza A]
I also have an FXCM account
[You]
OK
Are you a trader?
[Febbre Suina Influenza A]
yes I'm a forex trader
[You]
great
[Febbre Suina Influenza A]
are you from ?
[You]
How long you've been trading forex?
[Febbre Suina Influenza A]
3 years
[You]
I am from Croatia
[Febbre Suina Influenza A]
I'm from Italy
[You]
Neighbor!
[Febbre Suina Influenza A]
yes...neighbor
[You]
You trade for yourself or for company?
[Febbre Suina Influenza A]
21:20
I trade for my self
and you dear ?
[You]
for offline company.
How did you learn to trade?
[Febbre Suina Influenza A]
21:22
with experience dear
[You]
???
[Febbre Suina Influenza A]
I learned a lot of experience doing market
[You]
I don't understand what are you trying to tell me
[Febbre Suina Influenza A]
you know a referral program ?
[You]
what referral program?
[Febbre Suina Influenza A]
my referral program
[You]
I don't understand a word on your site.
[Febbre Suina Influenza A]
http://forextrading4.jimdo.com
my site propose trading strategy and new forex broker
[You]
ok
[Febbre Suina Influenza A]
invite your friends to my website
[You]
It is written on Italian!
nobody knows that language.
And if you are a trader why you need referrals?
[Febbre Suina Influenza A]
I can change the language in English
yes
[You]
21:31
Sorry this isn't my game, Forex trading is!
[Febbre Suina Influenza A]
I propose trading strategy
[You]
21:32
show me one strategy of yours!
[Febbre Suina Influenza A]
EUR/USD break of 1,3070 to 1,3200 long intraday strategy...for tomorrow
[You]
what is this?
[Febbre Suina Influenza A]
a strategy intraday for cross EUR/USD
[You]
I don't see strategy!
This is analysis!
[Febbre Suina Influenza A]
try my view..and make a money !
[You]
This is not a signal, setup,trading plan,system,strategy!
To try what?
where to put my stop-lose?
when to enter?
on break or retesting?
how to move my stop?
risk management?
[Febbre Suina Influenza A]
buy at 1.3070 stop at 1,3050
[You]
when?
[Febbre Suina Influenza A]
tomorrow dear
[You]
not tomorow!
[Febbre Suina Influenza A]
yes
[You]
when price break trough?
or
When price break trough and come back to test new support?
[Febbre Suina Influenza A]
yes...price break 1.3070 first
[You]
wrong!
[Febbre Suina Influenza A]
EUR/USD is in up trend now
[You]
everybody knows that!
[Febbre Suina Influenza A]
the first support is 1,30
my target is 1,32
[You]
You do not have product you have half product to offer!
[Febbre Suina Influenza A]
?'
try my wiev
[You]
You didn't say exact time!
[Febbre Suina Influenza A]
yes
[You]
What about sessions opening time?
[Febbre Suina Influenza A]
I'm waiting for asian session first
[You]
what about PPI and trade balance?
why do you wait for Asian session?
[Febbre Suina Influenza A]
21:46
because asian session determine the view for major currency...asian first...london
[You]
How would we suppose to avoid negative impact from PPI and TRADE BALANCE?
[Febbre Suina Influenza A]
affirmative
what your trading budget ?
[You]
it is better that you don't know!
You will adapt, and what will I do?
[Febbre Suina Influenza A]
wait asian aperture
[You]
21:48
I don' t see trading plan!
[Febbre Suina Influenza A]
this is bad
[You]
21:50
When I approach the market I have a plan for every little thing that my happen. So I can react on time!
What is your ROI?
[Febbre Suina Influenza A]
now what is your budget ?
[You]
How many profitable years you have?
[Febbre Suina Influenza A]
all years
[You]
sorry I can not take advice from a newbie!
and there is no advice anyway!
must go!
by!
[You]
Hi!
[Febbre Suina Influenza A]
dou you want to try a new forex broker ?
[You]
no
[Febbre Suina Influenza A]
what is your broker ?
[You]
fxcm
[Febbre Suina Influenza A]
try uwc trader
visit my site forextrading4.jimdo.com
[You]
sorry
That is foreign site...
[Febbre Suina Influenza A]
my site propose several new forex broker with promotion
my website also propose daily trading strategy
[You]
21:13
is that adsense on your site?
[Febbre Suina Influenza A]
there are no adsense
[You]
I see Plus500 and that brokerage house has some law issues in Europe.
[Febbre Suina Influenza A]
uwc trading is very good
try it
[You]
no, I will not try because I am satisfied with FXCM.
[Febbre Suina Influenza A]
I also have an FXCM account
[You]
OK
Are you a trader?
[Febbre Suina Influenza A]
yes I'm a forex trader
[You]
great
[Febbre Suina Influenza A]
are you from ?
[You]
How long you've been trading forex?
[Febbre Suina Influenza A]
3 years
[You]
I am from Croatia
[Febbre Suina Influenza A]
I'm from Italy
[You]
Neighbor!
[Febbre Suina Influenza A]
yes...neighbor
[You]
You trade for yourself or for company?
[Febbre Suina Influenza A]
21:20
I trade for my self
and you dear ?
[You]
for offline company.
How did you learn to trade?
[Febbre Suina Influenza A]
21:22
with experience dear
[You]
???
[Febbre Suina Influenza A]
I learned a lot of experience doing market
[You]
I don't understand what are you trying to tell me
[Febbre Suina Influenza A]
you know a referral program ?
[You]
what referral program?
[Febbre Suina Influenza A]
my referral program
[You]
I don't understand a word on your site.
[Febbre Suina Influenza A]
http://forextrading4.jimdo.com
my site propose trading strategy and new forex broker
[You]
ok
[Febbre Suina Influenza A]
invite your friends to my website
[You]
It is written on Italian!
nobody knows that language.
And if you are a trader why you need referrals?
[Febbre Suina Influenza A]
I can change the language in English
yes
[You]
21:31
Sorry this isn't my game, Forex trading is!
[Febbre Suina Influenza A]
I propose trading strategy
[You]
21:32
show me one strategy of yours!
[Febbre Suina Influenza A]
EUR/USD break of 1,3070 to 1,3200 long intraday strategy...for tomorrow
[You]
what is this?
[Febbre Suina Influenza A]
a strategy intraday for cross EUR/USD
[You]
I don't see strategy!
This is analysis!
[Febbre Suina Influenza A]
try my view..and make a money !
[You]
This is not a signal, setup,trading plan,system,strategy!
To try what?
where to put my stop-lose?
when to enter?
on break or retesting?
how to move my stop?
risk management?
[Febbre Suina Influenza A]
buy at 1.3070 stop at 1,3050
[You]
when?
[Febbre Suina Influenza A]
tomorrow dear
[You]
not tomorow!
[Febbre Suina Influenza A]
yes
[You]
when price break trough?
or
When price break trough and come back to test new support?
[Febbre Suina Influenza A]
yes...price break 1.3070 first
[You]
wrong!
[Febbre Suina Influenza A]
EUR/USD is in up trend now
[You]
everybody knows that!
[Febbre Suina Influenza A]
the first support is 1,30
my target is 1,32
[You]
You do not have product you have half product to offer!
[Febbre Suina Influenza A]
?'
try my wiev
[You]
You didn't say exact time!
[Febbre Suina Influenza A]
yes
[You]
What about sessions opening time?
[Febbre Suina Influenza A]
I'm waiting for asian session first
[You]
what about PPI and trade balance?
why do you wait for Asian session?
[Febbre Suina Influenza A]
21:46
because asian session determine the view for major currency...asian first...london
[You]
How would we suppose to avoid negative impact from PPI and TRADE BALANCE?
[Febbre Suina Influenza A]
affirmative
what your trading budget ?
[You]
it is better that you don't know!
You will adapt, and what will I do?
[Febbre Suina Influenza A]
wait asian aperture
[You]
21:48
I don' t see trading plan!
[Febbre Suina Influenza A]
this is bad
[You]
21:50
When I approach the market I have a plan for every little thing that my happen. So I can react on time!
What is your ROI?
[Febbre Suina Influenza A]
now what is your budget ?
[You]
How many profitable years you have?
[Febbre Suina Influenza A]
all years
[You]
sorry I can not take advice from a newbie!
and there is no advice anyway!
must go!
by!
CONTACT
You can contact me on my email address:
manageasset@yahoo.com
-----------------------------------------------------------------------------------------------------------
Marc
[Marc]
22:55
Hi!
[You]
22:55
Hi!
[Marc]
22:55
I have a trading system that is working excellent for one year now!
[You]
22:56
can you try to explain your trading system with details?
[Marc]
22:57
Random entry point
[You]
22:57
yes
[Marc ]
22:57
buy again if xx pip in the bad direction with a coefficient * +- 2 & 2.4
TP depend
if Scalp or long term
[You]
22:58
ok
[Marc ]
22:58
rawly
same approcah
Approach
with RSI & MM 200
[You]
22:59
rawly?
[Marc ]
22:59
For the entry point
as overview
i mean
RSI + MM200 as entry point but ONLY SHORT
provide very very good result
Draw down very low
[You]
22:59
WHAT IS MM???
[Marc ]
23:00
Moving Average
[You]
23:00
EMA?
[Marc ]
23:00
Yes soory
[You]
23:00
ok
[Marc ]
23:00
MM is french
EMA
:):)
Moyenne Mobile
[You]
23:01
RSI overbought or crossing the median line from above to down?
[Marc ]
23:01
Crossing
[You]
23:01
for sell...
median?
[Marc ]
23:01
Crossing a Level to down
example : 65 or 70
[You]
23:01
ok what about EMA200
[Marc ]
23:02
wait i do not remeber by head
[You]
23:02
crossing or overbought?
[Marc ]
23:03
MM200 Decreasing
RSI >= 70
=> SELL
[You]
23:03
what is the STEP for averaging?
[Marc ]
23:03
EMA200 Down Trend
30 min
[You]
23:04
or maybe any other factor?
[Marc ]
23:04
EMA 200 on close price
30 min
[You]
23:05
this is for averaging the position with coefficient?
[Marc ]
23:05
no
as entry point
to SELL
[You]
23:05
aha, ok!
what about STEP for averaging the position and how you manage the risk?
[Marc ]
23:06
Depend
[You]
23:06
what is minimum move in price?
[Marc ]
23:06
44 pips down to enter again with a factor to * the lot by 2.4
[You]
23:07
ok
[Marc ]
23:07
TP 78 pips
For exemple
[You]
23:07
yes
[Marc ]
23:07
i busy now
[You]
23:07
ok
[Marc ]
23:07
To adapt the paramters automaticlay regarding the market conditions
Volatility
kind of...
[You]
23:08
if you must go, you must go!
[Marc ]
23:08
no it was the begining of my sentance
[You]
23:09
I see...
[Marc ]
23:09
I go to sleep now
Wake up early tomorrow
Nice talk with you i will have a close look on your blog
[You]
23:10
all right, nice chating with you, come by....
good night!
[Marc ]
23:10
Good Trading & See you later
Have fun
[You]
23:11
thanks!
22:55
Hi!
[You]
22:55
Hi!
[Marc]
22:55
I have a trading system that is working excellent for one year now!
[You]
22:56
can you try to explain your trading system with details?
[Marc]
22:57
Random entry point
[You]
22:57
yes
[Marc ]
22:57
buy again if xx pip in the bad direction with a coefficient * +- 2 & 2.4
TP depend
if Scalp or long term
[You]
22:58
ok
[Marc ]
22:58
rawly
same approcah
Approach
with RSI & MM 200
[You]
22:59
rawly?
[Marc ]
22:59
For the entry point
as overview
i mean
RSI + MM200 as entry point but ONLY SHORT
provide very very good result
Draw down very low
[You]
22:59
WHAT IS MM???
[Marc ]
23:00
Moving Average
[You]
23:00
EMA?
[Marc ]
23:00
Yes soory
[You]
23:00
ok
[Marc ]
23:00
MM is french
EMA
:):)
Moyenne Mobile
[You]
23:01
RSI overbought or crossing the median line from above to down?
[Marc ]
23:01
Crossing
[You]
23:01
for sell...
median?
[Marc ]
23:01
Crossing a Level to down
example : 65 or 70
[You]
23:01
ok what about EMA200
[Marc ]
23:02
wait i do not remeber by head
[You]
23:02
crossing or overbought?
[Marc ]
23:03
MM200 Decreasing
RSI >= 70
=> SELL
[You]
23:03
what is the STEP for averaging?
[Marc ]
23:03
EMA200 Down Trend
30 min
[You]
23:04
or maybe any other factor?
[Marc ]
23:04
EMA 200 on close price
30 min
[You]
23:05
this is for averaging the position with coefficient?
[Marc ]
23:05
no
as entry point
to SELL
[You]
23:05
aha, ok!
what about STEP for averaging the position and how you manage the risk?
[Marc ]
23:06
Depend
[You]
23:06
what is minimum move in price?
[Marc ]
23:06
44 pips down to enter again with a factor to * the lot by 2.4
[You]
23:07
ok
[Marc ]
23:07
TP 78 pips
For exemple
[You]
23:07
yes
[Marc ]
23:07
i busy now
[You]
23:07
ok
[Marc ]
23:07
To adapt the paramters automaticlay regarding the market conditions
Volatility
kind of...
[You]
23:08
if you must go, you must go!
[Marc ]
23:08
no it was the begining of my sentance
[You]
23:09
I see...
[Marc ]
23:09
I go to sleep now
Wake up early tomorrow
Nice talk with you i will have a close look on your blog
[You]
23:10
all right, nice chating with you, come by....
good night!
[Marc ]
23:10
Good Trading & See you later
Have fun
[You]
23:11
thanks!
Ojo
hi
[You]
22:27
Hi!
[Ojo Adebayo Oluwaseun]
22:29
i have tried Fx trading for some years now with no success
What really works in this market?
Can you kindly give me an insight?
[You]
22:31
it is complex!
check my blog:
http://trade-forex-questions-answers.blogspot.com/2010/11/my-journey-how-i-became-professional.html
[Ojo Adebayo Oluwaseun]
22:34
Hmm.....
I know it must be but aw can one get around the complexity
I know it must be but aw can one get around the complexity
[You]
22:36
I can work little bit with you, but at the moment I am busy...
[Ojo Adebayo Oluwaseun]
22:41
ok, i understand
22:42Ojo is offline.
23:11Ojo is online.
[You]
23:11
Hey!
I have time now for chat
[Ojo Adebayo Oluwaseun]
23:11
ok
i'm here with you
i saw your blog....it'sGreat
u'r lucky to meet a veteran
[You]
23:13
Yes I am very lucky...
So what is your trading strategy?
[Ojo Adebayo Oluwaseun]
23:14
av been moving from one form to another after trial with no consistent profit
right now i'm trying price action but i am yet to really understand it
[You]
23:16
Do you have your own trading strategy?
[Ojo Adebayo Oluwaseun]
23:16
trying to get one out of my price action study
but i use a combination of custom indicators in the past
no at the moment
[You]
23:17
how many years have you been trading?
[Ojo Adebayo Oluwaseun]
23:17
since 2005
but i'm self taught
av never attended any formal training
[You]
23:18
how many hours per a day have you been spending on Forex in the average?
[Ojo Adebayo Oluwaseun]
23:22
not much at the beginning because i was an undergraduate but since i graduated in 2008 i have been spending almost all my time on it
[You]
23:22
Have you ever see any trading strategy?
[Ojo Adebayo Oluwaseun]
23:22
yeah
[You]
23:23
OK!
Tell me all you know about that strategy!
[Ojo Adebayo Oluwaseun]
23:23
u mean the strategy i have used before?
[You]
23:24
I mean that one you know exactly.
[Ojo Adebayo Oluwaseun]
23:24
i know it worked well when there is a huge trend
[You]
23:24
ok
tell me the details
[Ojo Adebayo Oluwaseun]
23:24
but most times immediately it signals not long the market turns
[You]
23:24
yep!
[Ojo Adebayo Oluwaseun]
23:25
makes some pips initially then market reverses and take out stops
[You]
23:25
this isn't what I wanna to hear from you.
Tell me parameters
[Ojo Adebayo Oluwaseun]
23:26
u mean the components...the indicators and what makes up a trade entry signal
[You]
23:26
When you wish to trade that strategy first thing that you need to....
YES!
first thing:
[Ojo Adebayo Oluwaseun]
23:27
i wait for an entry signal
[You]
23:27
what is condition for entry signal?
[Ojo Adebayo Oluwaseun]
23:28
when there are confluence of red histogram on all the indicators
its a sell signal
i get an arrow on the chart
[You]
23:28
NO,NO,NO!!!
this is not a strategy!
this is signal provider software.
[Ojo Adebayo Oluwaseun]
23:29
so whats a strategy...please i need to know
yeah...
[You]
23:29
If you wish to see how strategy look like
wait
[Ojo Adebayo Oluwaseun]
23:30
ok
[You]
23:30
I will show you one simple strategy!
[Ojo Adebayo Oluwaseun]
23:30
ok
[You]
23:31
Look at this:
http://trade-forex-questions-answers.blogspot.com/2010/05/session-trading-strategy.html
Remember that Strategy is only a tool!!!
[Ojo Adebayo Oluwaseun]
23:32
ok, i have seen it
[You]
23:33
you must develop your own strategy, your own tool.
Because it would suit you!
[Ojo Adebayo Oluwaseun]
23:33
ok
[You]
23:34
This strategy will help you to see what factors you need to develop your own strategy!
There is another one ABC trend trading strategy
[Ojo Adebayo Oluwaseun]
23:34
can u explain what makes up a strategy?
[You]
23:35
http://dozvola1.blogspot.com/2010/04/abc-trend-trading-strategy.html
Yes I can explain very well!
to understand what is forex all about and how to create the strategy you must know this:
http://trade-forex-questions-answers.blogspot.com/2010/05/its-all-about-game.html
I have write my blog to help new traders...
you can find forum there and ask questions..
[Ojo Adebayo Oluwaseun]
23:37
ooh thats so nice of you
[You]
23:38
Thank you!
[Ojo Adebayo Oluwaseun]
23:42
which timeframme do you trade this methods
[You]
23:43
When you trade, you trade on all timeframes!
On monthly chart you can see what is going on with price, everything else is zoom!
[Ojo Adebayo Oluwaseun]
23:46
ooh i see
[You]
23:46
You must take all in consideration!
If you don't look at the monthly chart you will be surprised every six months.
I have say 6 months for example!
Have you read those text from blog?
[Ojo Adebayo Oluwaseun]
23:49
i'm on it
[You]
23:50
OK, I must go now,if you would have any questions it is free that you use my forum and ask a question.
[Ojo Adebayo Oluwaseun]
23:50
ok i'l. i really appreciate ur help
[You]
23:50
I have topic "Questions and answers"
[Ojo Adebayo Oluwaseun]
23:51
thanks a million!
[You]
23:51
Nice talking with you, come by....
see you on the forum in the future!
BY!
[Ojo Adebayo Oluwaseun]
23:51
yeah...bye
[You]
22:27
Hi!
[Ojo Adebayo Oluwaseun]
22:29
i have tried Fx trading for some years now with no success
What really works in this market?
Can you kindly give me an insight?
[You]
22:31
it is complex!
check my blog:
http://trade-forex-questions-answers.blogspot.com/2010/11/my-journey-how-i-became-professional.html
[Ojo Adebayo Oluwaseun]
22:34
Hmm.....
I know it must be but aw can one get around the complexity
I know it must be but aw can one get around the complexity
[You]
22:36
I can work little bit with you, but at the moment I am busy...
[Ojo Adebayo Oluwaseun]
22:41
ok, i understand
22:42Ojo is offline.
23:11Ojo is online.
[You]
23:11
Hey!
I have time now for chat
[Ojo Adebayo Oluwaseun]
23:11
ok
i'm here with you
i saw your blog....it'sGreat
u'r lucky to meet a veteran
[You]
23:13
Yes I am very lucky...
So what is your trading strategy?
[Ojo Adebayo Oluwaseun]
23:14
av been moving from one form to another after trial with no consistent profit
right now i'm trying price action but i am yet to really understand it
[You]
23:16
Do you have your own trading strategy?
[Ojo Adebayo Oluwaseun]
23:16
trying to get one out of my price action study
but i use a combination of custom indicators in the past
no at the moment
[You]
23:17
how many years have you been trading?
[Ojo Adebayo Oluwaseun]
23:17
since 2005
but i'm self taught
av never attended any formal training
[You]
23:18
how many hours per a day have you been spending on Forex in the average?
[Ojo Adebayo Oluwaseun]
23:22
not much at the beginning because i was an undergraduate but since i graduated in 2008 i have been spending almost all my time on it
[You]
23:22
Have you ever see any trading strategy?
[Ojo Adebayo Oluwaseun]
23:22
yeah
[You]
23:23
OK!
Tell me all you know about that strategy!
[Ojo Adebayo Oluwaseun]
23:23
u mean the strategy i have used before?
[You]
23:24
I mean that one you know exactly.
[Ojo Adebayo Oluwaseun]
23:24
i know it worked well when there is a huge trend
[You]
23:24
ok
tell me the details
[Ojo Adebayo Oluwaseun]
23:24
but most times immediately it signals not long the market turns
[You]
23:24
yep!
[Ojo Adebayo Oluwaseun]
23:25
makes some pips initially then market reverses and take out stops
[You]
23:25
this isn't what I wanna to hear from you.
Tell me parameters
[Ojo Adebayo Oluwaseun]
23:26
u mean the components...the indicators and what makes up a trade entry signal
[You]
23:26
When you wish to trade that strategy first thing that you need to....
YES!
first thing:
[Ojo Adebayo Oluwaseun]
23:27
i wait for an entry signal
[You]
23:27
what is condition for entry signal?
[Ojo Adebayo Oluwaseun]
23:28
when there are confluence of red histogram on all the indicators
its a sell signal
i get an arrow on the chart
[You]
23:28
NO,NO,NO!!!
this is not a strategy!
this is signal provider software.
[Ojo Adebayo Oluwaseun]
23:29
so whats a strategy...please i need to know
yeah...
[You]
23:29
If you wish to see how strategy look like
wait
[Ojo Adebayo Oluwaseun]
23:30
ok
[You]
23:30
I will show you one simple strategy!
[Ojo Adebayo Oluwaseun]
23:30
ok
[You]
23:31
Look at this:
http://trade-forex-questions-answers.blogspot.com/2010/05/session-trading-strategy.html
Remember that Strategy is only a tool!!!
[Ojo Adebayo Oluwaseun]
23:32
ok, i have seen it
[You]
23:33
you must develop your own strategy, your own tool.
Because it would suit you!
[Ojo Adebayo Oluwaseun]
23:33
ok
[You]
23:34
This strategy will help you to see what factors you need to develop your own strategy!
There is another one ABC trend trading strategy
[Ojo Adebayo Oluwaseun]
23:34
can u explain what makes up a strategy?
[You]
23:35
http://dozvola1.blogspot.com/2010/04/abc-trend-trading-strategy.html
Yes I can explain very well!
to understand what is forex all about and how to create the strategy you must know this:
http://trade-forex-questions-answers.blogspot.com/2010/05/its-all-about-game.html
I have write my blog to help new traders...
you can find forum there and ask questions..
[Ojo Adebayo Oluwaseun]
23:37
ooh thats so nice of you
[You]
23:38
Thank you!
[Ojo Adebayo Oluwaseun]
23:42
which timeframme do you trade this methods
[You]
23:43
When you trade, you trade on all timeframes!
On monthly chart you can see what is going on with price, everything else is zoom!
[Ojo Adebayo Oluwaseun]
23:46
ooh i see
[You]
23:46
You must take all in consideration!
If you don't look at the monthly chart you will be surprised every six months.
I have say 6 months for example!
Have you read those text from blog?
[Ojo Adebayo Oluwaseun]
23:49
i'm on it
[You]
23:50
OK, I must go now,if you would have any questions it is free that you use my forum and ask a question.
[Ojo Adebayo Oluwaseun]
23:50
ok i'l. i really appreciate ur help
[You]
23:50
I have topic "Questions and answers"
[Ojo Adebayo Oluwaseun]
23:51
thanks a million!
[You]
23:51
Nice talking with you, come by....
see you on the forum in the future!
BY!
[Ojo Adebayo Oluwaseun]
23:51
yeah...bye
Ramforex
[14:57:32] ramforex: we can work together
[14:57:36] ramforex: what do you say ?
[14:57:46] Forex Trader (Denis): how?
[14:57:53] ramforex: i have clients who can invest in FOREX
[14:58:09] ramforex: if we can trade for them
[14:58:13] ramforex: i will bring more accounts
[14:58:19] ramforex: but i need a successful trader
[14:58:25] ramforex: that is why i am asking you
[14:58:29] ramforex: for your statements
[14:58:32] Forex Trader (Denis): ok
[14:58:36] ramforex: do you trade manually or EA
[14:58:45] Forex Trader (Denis): I trade manualy
[14:58:47] Forex Trader (Denis): but
[14:58:57] Forex Trader (Denis): I was trading for a firm before
[14:59:09] Forex Trader (Denis): and my goal was to trade for myself
[14:59:21] Forex Trader (Denis): I have accomplish that goal
[14:59:23] ramforex: ok
[14:59:26] ramforex: great
[14:59:30] ramforex: nice meeting you sir
[14:59:36] Forex Trader (Denis): so I don't wanna go back again.
[14:59:55] Forex Trader (Denis): nice to meet you too!
[15:00:27] Forex Trader (Denis): for how many years you been trading FX?
[15:02:06] ramforex: I am trading Forex for 3 years now
[15:02:14] ramforex: but I have a problem
[15:02:20] ramforex: i only follow technical's
[15:02:27] ramforex: but i often made loss and profit
[15:02:37] ramforex: the more i loose and the more i do profits
[15:02:49] ramforex: i do profits as well as losses also
[15:02:56] ramforex: i am not getting what is my problem
[15:06:07] Forex Trader (Denis): what is your trading strategy?
[15:10:07] ramforex: i follow moving averages
[15:10:08] ramforex: sir
[15:10:18] ramforex: and I have a parameter of bollinger bands
[15:10:31] ramforex: which i can make sure the reversal of any trend
[15:10:37] ramforex: whether it is a buy or sell
[15:10:44] ramforex: but i make loss every time
[15:10:47] ramforex: i need to learn
[15:10:51] ramforex: discipline
[15:10:54] ramforex: actually
[15:12:12] Forex Trader (Denis): what about the price?
[15:16:14] ramforex: price
[15:16:19] ramforex: i can forecast well
[15:16:23] ramforex: but i need a good teacher in Forex sir
[15:16:36] ramforex: the teacher i learned from is trading in local markets, he taught me some basics
[15:16:53] ramforex: but i don have a teacher
[15:16:59] ramforex: who can teach me discipline
[15:17:08] ramforex: but i always respect my teachers
[15:17:14] Forex Trader (Denis): what about the time?
[15:17:30] ramforex: i follow london opening and
[15:17:34] ramforex: Europe open
[15:17:38] ramforex: for eur and usd
[15:17:41] ramforex: i have one EA
[15:17:51] ramforex: which is working good some times and some time loss
[15:18:30] Forex Trader (Denis): 1st rule is to develop your own strategy!
[15:18:50] Forex Trader (Denis): do you know how?
[15:20:17] ramforex: teach me sir
[15:20:18] ramforex: pls
[15:20:24] Forex Trader (Denis): http://trade-forex-questions-answers.blogspot.com/2010/05/its-all-about-game.html
[15:20:29] Forex Trader (Denis): read this
[15:20:41] Forex Trader (Denis): it's all about the game
[15:21:54] ramforex: ok sir
[15:23:57] Forex Trader (Denis): If you would have any questions about trading go to my forum and ask a question in topic questions and answers! http://forex-forum-1.blogspot.com
[15:24:30] Forex Trader (Denis): you can find there 2 trading strategies
[15:25:05] Forex Trader (Denis): they are not your strategies, so don't expect to earn from them a lot.
[15:25:15] ramforex: ok
[15:25:17] Forex Trader (Denis): but you can learn a lot
[15:25:21] ramforex: ok
[15:25:27] ramforex: sir can u suggest me
[15:25:32] Forex Trader (Denis): how others are thinking....
[15:25:38] ramforex: sir
[15:25:44] ramforex: if i place ten lots, standard lots do the market reverse?
[15:26:13] ramforex: to grab my money
[15:26:37] Forex Trader (Denis): no
[15:26:49] Forex Trader (Denis): it is to little
[15:27:08] Forex Trader (Denis): it's only 1 mil.
[15:27:10] ramforex: ok
[15:27:21] ramforex: sir i can make a 40 pips
[15:27:25] ramforex: assured sir
[15:27:32] ramforex: i follow a 1 hour signal
[15:27:47] ramforex: is one hour signal the best or 4 hour is best to trade sir
[15:27:50] ramforex: or scalping is best sir ?
[15:27:56] ramforex: in 1 minute
[15:28:14] Forex Trader (Denis): depends on time
[15:28:36] Forex Trader (Denis): low volatility market is for scalping only!
[15:28:54] Forex Trader (Denis): Hi volatility market is for swing
[15:29:24] Forex Trader (Denis): some times you can see signal on h1
[15:29:32] ramforex: sir i recently got a statement of my friend
[15:29:32] Forex Trader (Denis): and somtime on h4
[15:29:44] ramforex: he did very good and sent me statement do u wanna see
[15:30:06] Forex Trader (Denis): statement does not mean anything.
[15:30:34] Forex Trader (Denis): it is all about risk and money managment
[15:30:45] Forex Trader (Denis): and you can not see this in statment.
[15:31:15] Forex Trader (Denis): how profit is achieved is more important
[15:31:24] Forex Trader (Denis): than how much
[15:31:49] Forex Trader (Denis): nobody likes to risk much
[14:57:36] ramforex: what do you say ?
[14:57:46] Forex Trader (Denis): how?
[14:57:53] ramforex: i have clients who can invest in FOREX
[14:58:09] ramforex: if we can trade for them
[14:58:13] ramforex: i will bring more accounts
[14:58:19] ramforex: but i need a successful trader
[14:58:25] ramforex: that is why i am asking you
[14:58:29] ramforex: for your statements
[14:58:32] Forex Trader (Denis): ok
[14:58:36] ramforex: do you trade manually or EA
[14:58:45] Forex Trader (Denis): I trade manualy
[14:58:47] Forex Trader (Denis): but
[14:58:57] Forex Trader (Denis): I was trading for a firm before
[14:59:09] Forex Trader (Denis): and my goal was to trade for myself
[14:59:21] Forex Trader (Denis): I have accomplish that goal
[14:59:23] ramforex: ok
[14:59:26] ramforex: great
[14:59:30] ramforex: nice meeting you sir
[14:59:36] Forex Trader (Denis): so I don't wanna go back again.
[14:59:55] Forex Trader (Denis): nice to meet you too!
[15:00:27] Forex Trader (Denis): for how many years you been trading FX?
[15:02:06] ramforex: I am trading Forex for 3 years now
[15:02:14] ramforex: but I have a problem
[15:02:20] ramforex: i only follow technical's
[15:02:27] ramforex: but i often made loss and profit
[15:02:37] ramforex: the more i loose and the more i do profits
[15:02:49] ramforex: i do profits as well as losses also
[15:02:56] ramforex: i am not getting what is my problem
[15:06:07] Forex Trader (Denis): what is your trading strategy?
[15:10:07] ramforex: i follow moving averages
[15:10:08] ramforex: sir
[15:10:18] ramforex: and I have a parameter of bollinger bands
[15:10:31] ramforex: which i can make sure the reversal of any trend
[15:10:37] ramforex: whether it is a buy or sell
[15:10:44] ramforex: but i make loss every time
[15:10:47] ramforex: i need to learn
[15:10:51] ramforex: discipline
[15:10:54] ramforex: actually
[15:12:12] Forex Trader (Denis): what about the price?
[15:16:14] ramforex: price
[15:16:19] ramforex: i can forecast well
[15:16:23] ramforex: but i need a good teacher in Forex sir
[15:16:36] ramforex: the teacher i learned from is trading in local markets, he taught me some basics
[15:16:53] ramforex: but i don have a teacher
[15:16:59] ramforex: who can teach me discipline
[15:17:08] ramforex: but i always respect my teachers
[15:17:14] Forex Trader (Denis): what about the time?
[15:17:30] ramforex: i follow london opening and
[15:17:34] ramforex: Europe open
[15:17:38] ramforex: for eur and usd
[15:17:41] ramforex: i have one EA
[15:17:51] ramforex: which is working good some times and some time loss
[15:18:30] Forex Trader (Denis): 1st rule is to develop your own strategy!
[15:18:50] Forex Trader (Denis): do you know how?
[15:20:17] ramforex: teach me sir
[15:20:18] ramforex: pls
[15:20:24] Forex Trader (Denis): http://trade-forex-questions-answers.blogspot.com/2010/05/its-all-about-game.html
[15:20:29] Forex Trader (Denis): read this
[15:20:41] Forex Trader (Denis): it's all about the game
[15:21:54] ramforex: ok sir
[15:23:57] Forex Trader (Denis): If you would have any questions about trading go to my forum and ask a question in topic questions and answers! http://forex-forum-1.blogspot.com
[15:24:30] Forex Trader (Denis): you can find there 2 trading strategies
[15:25:05] Forex Trader (Denis): they are not your strategies, so don't expect to earn from them a lot.
[15:25:15] ramforex: ok
[15:25:17] Forex Trader (Denis): but you can learn a lot
[15:25:21] ramforex: ok
[15:25:27] ramforex: sir can u suggest me
[15:25:32] Forex Trader (Denis): how others are thinking....
[15:25:38] ramforex: sir
[15:25:44] ramforex: if i place ten lots, standard lots do the market reverse?
[15:26:13] ramforex: to grab my money
[15:26:37] Forex Trader (Denis): no
[15:26:49] Forex Trader (Denis): it is to little
[15:27:08] Forex Trader (Denis): it's only 1 mil.
[15:27:10] ramforex: ok
[15:27:21] ramforex: sir i can make a 40 pips
[15:27:25] ramforex: assured sir
[15:27:32] ramforex: i follow a 1 hour signal
[15:27:47] ramforex: is one hour signal the best or 4 hour is best to trade sir
[15:27:50] ramforex: or scalping is best sir ?
[15:27:56] ramforex: in 1 minute
[15:28:14] Forex Trader (Denis): depends on time
[15:28:36] Forex Trader (Denis): low volatility market is for scalping only!
[15:28:54] Forex Trader (Denis): Hi volatility market is for swing
[15:29:24] Forex Trader (Denis): some times you can see signal on h1
[15:29:32] ramforex: sir i recently got a statement of my friend
[15:29:32] Forex Trader (Denis): and somtime on h4
[15:29:44] ramforex: he did very good and sent me statement do u wanna see
[15:30:06] Forex Trader (Denis): statement does not mean anything.
[15:30:34] Forex Trader (Denis): it is all about risk and money managment
[15:30:45] Forex Trader (Denis): and you can not see this in statment.
[15:31:15] Forex Trader (Denis): how profit is achieved is more important
[15:31:24] Forex Trader (Denis): than how much
[15:31:49] Forex Trader (Denis): nobody likes to risk much
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