Ibrahim
hi
17:32Me
Hi!
17:33Ibrahim
how is trading
17:33Me
well!
17:33Ibrahim
ok
all my trades are negative!
17:34Me
how many trades?
17:35Ibrahim
4 trades gbp/usd
17:35Me
today?
17:35Ibrahim
yes eur/usd
17:36Me
how much did you lose in % ???
17:36Ibrahim
70
17:36Me
70% ????????
17:36Ibrahim
yes
17:36Me
lol
17:36Ibrahim
y
17:37Me
demo?
17:37Ibrahim
life marketiva
17:37Me
real acc?
17:37Ibrahim
broker move fast
yes
17:37Me
how much money?
17:37Ibrahim
not demo
$491
in africa is a big money
17:38Me
why don't you go to CASINO?
17:38Ibrahim
to do what there
17:38Me
LOSE YOUR MONEY....
17:38Ibrahim
hahaha
i can,t play it
17:39Me
I DON'T UNDERSTAND.....
17:39Ibrahim
but forex i have some idea
i don,t no how to do that
17:40Me
I have write this post
http://trade-forex-questions-answers.blogspot.com/2010/08/long-term-method-vs-scalping.html
read it!
17:40Ibrahim
ok
ok
did u give signals
17:41Me
Forex trading isn't about easy money!
No, I don't have enough time to trade and at the same time give signals!
17:41Ibrahim
yes
yes
is true
17:42Me
I am ultra scalper!
3 pips is my target
17:42Ibrahim
ok, how can i learn?
ok
17:42Me
learn?
17:43Ibrahim
yes
become a pro like u
17:43Me
you first need to learn with low leverage investors technick.
17:44Ibrahim
ok
17:44Me
than medium term trading (swing) method,
than day trading,
than intraday trading,
17:45Ibrahim
ok
17:45Me
when you would know what everybody else is doing on the market you will be capable to find risk free entries for scalping method.
17:46Ibrahim
ok
17:47Me
First start with monthle chart
17:47Ibrahim
ok
17:47Me
find currency that is very cheap!
17:48Ibrahim
ok
17:50Me
what currency would you buy and in what country????
17:51Ibrahim
ok
18:07Me
What's up?
is there any difficulty?
18:07Ibrahim
am cool
i think so
18:07Me
so, what currency????
18:08Ibrahim
gbp/usd
18:08Me
just a moment!
18:08Ibrahim
ok
18:09Me
you would BUY GBP in America???
18:09Ibrahim
ok
18:10Me
are you certain that this is the best chois for a long term investing, compare the risk with othere currencies!
18:11Ibrahim
yes
18:11Me
It can go against you 2300 pips!
18:11Ibrahim
ok
but i will letter close it in profit
18:12Me
Eur is cheap!
18:12Ibrahim
yes
18:12Me
but you must decide in wich country you would buy eur!
18:13Ibrahim
ok like how
18:13Me
Find currency that is overvalued
18:13Ibrahim
ok
18:14Me
can you tell me what you have decided!
18:14Ibrahim
well not am still looking for idears
like signals
18:16Me
Eur/AUD so EUR in Australia is cheap!
this is not a signal!
18:16Ibrahim
ok
demo
18:16Me
usd/jpy is cheap
18:17Ibrahim
yes
18:17Me
there is risk of price jumping up!
18:17Ibrahim
yes
18:17Me
So if you trade this pairs, you must trade only on BUY side!
18:18Ibrahim
ok
18:18Me
Because it's lower risk!
18:18Ibrahim
yes
18:18Me
Study this!
18:18Ibrahim
ok
18:19Me
you must see all picture, see the past it will tell you the future!
18:20Ibrahim
ok
18:20Me
study only monthle charts
18:20Ibrahim
what indicator did you used
ok
18:21Me
I have only looked the price
18:21Ibrahim
ok
18:21Me
No indicator
18:22Ibrahim
you a pro
18:22Me
You don't need indicator for trading the price
Price is number one indicator
18:22Ibrahim
ok give some example
yes
18:22Me
Look at the all time high and all time low
18:23Ibrahim
ok
18:23Me
all time high and all time low is psihological barier
18:24Ibrahim
ok
18:24Me
If price break trough this level it will come back to this price in the time
18:25Ibrahim
ok
18:25Me
price is always coming back to the previos price point
dow jones theory!
18:25Ibrahim
yes
18:25Me
study that also!
18:26Ibrahim
ok
18:26Me
http://dozvola1.blogspot.com/2010/04/abc-trend-trading-strategy.html
look at the price behaviour
18:27Ibrahim
ok
18:27Me
short term behaviour and long term behavior.....
18:27Ibrahim
ok
18:28Me
You must find regularity of behavioral!
18:28Ibrahim
ok
18:29Me
18:30Ibrahim
ok
18:30Me
It's really simple!
18:30Ibrahim
ok
time
18:31Me
Because it is big deal WHEN you are trading!
18:31Ibrahim
yes
