Okay. Let's see.

Each forex trader is unique, right?

There are over 8 billion people in the world (including space aliens disguised as humans and automobiles) and not one person is exactly the same as another.

Even identical twins will have different fingerprints.

Everyone has their own look, personality, talents, and pizza topping preferences (we like pepperoni and potato chips).

We all like different things and are unique in our own way.

Trading is the same way. Our unique personalities will lead us to trade differently from one another.

Some may be aggressive, “type A” personality traders while others may be more relax, “type B” personality traders.

Some may like taking small wins all the time, while others don’t mind losing a bit in order to make those huge gains when they do win.

The point is that no two traders are alike. Even if a group of people was to trade the same system rules, each person’s end results would most likely be different from everyone else.

s that a bad thing?

Not at all!

Our uniqueness is what makes the world go round, so it’s important to know your lifestyle and personality to help identify trading strengths and weaknesses.

Trying to force a trade that doesn’t match your personality will result in frustration and can hinder you from making consistent profits.

Good luck. See my previous tips.

Part 5

When Is It Okay to Trade Against The Trend?

Some days most Forex pairs are just going in one particular direction and it makes no sense to go against the herd.

However, if you’re a fan of picking tops or bottoms and if you think that these strong trends are already exhausted, you shouldn’t be afraid to take a contrarian approach to your Forex trades.

When all charts point to a single direction and the current market sentiment is supported by the newswires, it’s easy to understand why many traders hesitate to go against the herd.

But as investment pundit Warren Buffett famously said, “We should also be fearful when others are greedy and greedy when others are fearful.”

You see, just because a majority of the traders out there have a certain trading bias, it doesn’t necessarily mean that they’re right.

Sometimes, strong momentum merely reflects the entrance of trading amateurs that just go with the flow without knowing what’s driving price action.

This is why following the flock blindly can lead to herding bias – one of the 5 common trading mistakes traders make.

Ask anyone who has successfully tried trading against the herd and they will tell you that it can feel intimidating when your analysis leads you to an unpopular bias. But sometimes, it pays to go against the herd and be the odd one out – to be the contrarian.

[b]Contrarian trading [/b]is a forex strategy that favors going against the current market bias in anticipation of a shift in market sentiment. It involves buying a currency when it is weak and selling it when it’s strong.

Contrarian traders try to take advantage of moments when the markets get carried away by strong momentum.

When everyone and his grandma is ready and willing to push prices higher, it can sometimes lead to overpriced assets. Likewise, when everyone is hell-bent on selling an asset, opportunities to buy at a bargain arise.

One of the main benefits of contrarian trading is that it allows you to get good prices and catch reversals right as they begin. In turn, this often leads to very attractive reward-to-risk ratios, giving you more bang for your buck.

However, contrarians trade against the trend, and that doesn’t always work out in their favor. As the saying goes, “the trend is your friend,” but it can be a mean son of a gun when you fight it.

When a trend is particularly strong, it can bust right throw potential reversal points and wash away those who go against the flow.

By no means am I saying that you should go against the trend just for the heck of it.

What I’m merely saying is that if, after thoroughly conducting your own fundamental and technical analysis, you have enough reason to believe that the market is about to turn, don’t be afraid to go against the herd and take a contrarian position.

Remember, you don’t always have to go with the flow; plenty of lucrative trading opportunities arise from straying from the crowd.

But always keep in mind that although contrarian trading can be rewarding, it’s not without its dangers.

Good luck..

We have a Community already to join and learn more. #no monthly subscription nonsense... See link below...Updates comes up evening...

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Yes, you are right...

The story wen something like this...

Nigeria were the first country to qualify for the 2019 FIBA World Cup, and they're on the brink of being the first team out, before the event even begins.

With less than two weeks to go, financial issues and player unrest threaten D'Tigers' participation at the basketball global showpiece in China.

Last Friday, a number of players took to social media to allege that their World Cup money had not been released by the Ministry of Sports, which is the team's only source of funding.


You can imagine that we the first to qualify. There is something really wrong with our dear country...

Yes, glad you are getting value from it...

Have you taken the quiz, how did you fare with it?

Let's talk about Forex Market Size And Liquidity

Forex Market Size And Liquidity

Unlike other financial markets like the New York Stock Exchange (NYSE) or London Stock Exchange (LSE), the forex market has neither a physical location nor a central exchange.

The forex market is considered an Over-the-Counter (OTC), or “interbank” market due to the fact that the entire market is run electronically, within a network of banks, continuously over a 24-hour period.

This means that the spot forex market is spread all over the globe with no central location. Trades can take place anywhere as long as you have an Internet connection.

The forex OTC market is by far the biggest and most popular financial market in the world, traded globally by a large number of individuals and organizations.

In an OTC market, participants determine who they want to trade with depending on trading conditions, the attractiveness of prices, and the reputation of the trading counterparty.

*Because two currencies are involved in each transaction, the sum of the percentage shares of individual currencies totals 200% instead of 100%
The dollar is the most traded currency, taking up 84.9% of all transactions.
The euro’s share is second at 39.1%, while that of the yen is third at 19.0%.
As you can see, most of the major currencies are hogging the top spots on this list!

The Dollar is King in the Forex Market

You’ve probably noticed how often we keep mentioning the U.S. dollar (USD).
If the USD is one-half of every major currency pair, and the majors comprise 75% of all trades, then it’s a must to pay attention to the U.S. dollar. The USD is king!

in fact, according to the International Monetary Fund (IMF), the U.S. dollar comprises roughly 64% of the world’s official foreign exchange reserves! Because almost every investor, business, and central bank own it, they pay attention to the U.S. dollar.


There are also other significant reasons why the U.S. dollar plays a central role in the forex market:
• The United States economy is the LARGEST economy in the world.
• The U.S. dollar is the reserve currency of the world.
• The United States has the largest and most liquid financial markets in the world.
• The United States has a stable political system.
• The United States is the world’s sole military superpower.
• The U.S. dollar is the medium of exchange for many cross-border transactions. For example, oil is priced in U.S. dollars. Also called “petrodollars.” So if Mexico wants to buy oil from Saudi Arabia, it can only be bought with U.S. dollar. If Mexico doesn’t have any dollars, it has to sell its pesos first and buy U.S. dollars.

Who can really teach Forex? I guess the one who has been beaten and battered over the years in Trading.

One Fact about Forex is that you carefully study the fundamentals before thinking of the Technical Analytics. So today, let's see the Buying And Selling Currency Pairs you need to know, mostly as a Beginner.


Of courser, Forex trading is the simultaneous buying of one currency and selling another. Currencies are traded through a broker or dealer, and are traded in pairs.

For example the euro and the U.S. dollar (EUR/USD) or the British pound and the Japanese yen (GBP/JPY).

When you trade in the forex market, you buy or sell in currency pairs.
Imagine each currency pair constantly in a “tug of war” with each currency on its own side of the rope. Exchange rates fluctuate based on which currency is stronger at the moment.

Major Currency Pairs

he currency pairs listed below are considered the “majors.”

These pairs all contain the U.S. dollar (USD) on one side and are the most frequently traded.

The majors are the most liquid and widely traded currency pairs in the world.

Currency Pair Countries FX Geek Speak
EUR/USD Eurozone / United States “euro dollar”
USD/JPY United States / Japan “dollar yen”
GBP/USD United Kingdom / United States “pound dollar”
USD/CHF United States/ Switzerland “dollar swissy”
USD/CAD United States / Canada “dollar loonie”
AUD/USD Australia / United States “aussie dollar”
NZD/USD New Zealand / United States “kiwi dollar”

Major Cross-Currency Pairs or Minor Currency Pairs

Currency pairs that don’t contain the U.S. dollar (USD) are known as cross-currency pairs or simply as the “crosses.”

Major crosses are also known as “minors.”

The most actively traded crosses are derived from the three major non-USD currencies: EUR, JPY, and GBP.

Euro Crosses


Currency Pair Countries FX Geek Speak
EUR/CHF Eurozone / Switzerland “euro swissy”
EUR/GBP Eurozone / United Kingdom “euro pound”
EUR/CAD Eurozone / Canada “euro loonie”
EUR/AUD Eurozone / Australia “euro aussie”
EUR/NZD Eurozone / New Zealand “euro kiwi”
EUR/SEK Eurozone / Sweden “euro stockie”
EUR/NOK Eurozone / Norway “euro nockie”

There is Yen Crosses + Pound Crosses (I can fix them all in this Nairaland editor)

Let's talk about Exotic Currency Pairs

No, exotic pairs are not exotic belly dancers who happen to be twins. Exotic currency pairs are made up of one major currency paired with the currency of an emerging economy, such as Brazil, Mexico or Hungary.

The chart below contains a few examples of exotic currency pairs. Wanna take a shot at guessing what those other currency symbols stand for?

Depending on your forex broker, you may see the following exotic currency pairs so it’s good to know what they are.

Keep in mind that these pairs aren’t as heavily traded as the “majors” or “crosses,” so the transaction costs associated with trading these pairs are usually bigger.

Currency Pair Countries FX Geek Speak
USD/BRL United States / Brazil “dollar real”
USD/HKD United States / Hong Kong
USD/SAR United States / Saudi Arabia “dollar riyal”
USD/SGD United States / Singapore
USD/ZAR United States / South Africa “dollar rand”
USD/THB United States / Thailand “dollar baht”
USD/MXN United States / Mexico “dollar mex”
USD/DKK United States / Denmark “dollar krone”
USD/SEK United States / Sweden “dollar stockie”

There is more on the list. And G10 Currencies + Table

The G10 currencies are ten of the most heavily traded currencies in the world, which are also ten of the world’s most liquid currencies.

Traders regularly buy and sell them in an open market with minimal impact on their own international exchange rates.


BRIICS

BRIICS is the acronym coined for an association of five major emerging national economies: Brazil, Russia, India, Indonesia, China and South Africa.

Originally the first four were grouped as “BRIC” (or “the BRICs”). BRICs was a term coined by Goldman Sachs to name today’s new high-growth emerging economies.

BRIICS is the term used by the OECD, the rich-country think tank adds Indonesia and South Africa.

I can't explain everything in one Post...Hope this helped. Like it let's see if Moderators will take it to semi-front page


Want to learn more. take this Forex Quiz and see why other have Failed Many of them... good luck

Forex Quiz on: How Do You Trade Forex?

That link works. Just use this to take the quiz - take THE quiz

Guys, you will love this...good morning

Take this survey now if you are ready to make money with Forex. No quick rich scheme of course.

https://docs.google.com/forms/d/e/1FAIpQLSfUHzQtaB6YN1_iP5gN6_FaEAPdKZJ53t6qtO2BBYbNn__IwA/viewform?usp=sf_link

The foreign exchange market is largely made up of institutional investors, corporates, governments, banks, as well as currency speculators.
Unlike the stock market and future markets that are housed in central physical exchanges, the foreign exchange market is an over the counter market, decentralised market completely housed electronically.

Though investors are familiar with the stock market, they are unaware how small it is in comparison to the forex market that is the largest financial market in the world open 24 hours a day, five and a half days a week.

There are many benefits and advantages of trading forex. Nevertheless, key among them is that there is no waiting for the opening bell.
From Sunday evening 8.30pm GMT to Friday Evening 9pm GMT, the forex market never sleeps.
This is awesome for those who want to trade on a part-time basis because you can choose when you want to trade: morning, noon, night, during breakfast, or in your sleep.

Because the forex market is large, it is also extremely liquid.
This is an advantage because it means that under normal market conditions, with a click of a mouse you can instantly buy and sell at will as there will usually be someone in the market willing to take the other side of your trade.
You are never ‘stuck’ in a trade.

You can even set your online trading platform to automatically close your position once your desired profit level (a limit order) has been reached, and/or close a trade if a trade is going against you (a stop loss order).


But before you jump in to this train that looks easy. You need to know something. Read till the end for the secret.

How to UNDERSTAND YOUR RISK and WIN

Many people jump into Forex, drop $2000 into a broker account and start trading 1 lot orders because they signed up with a broker thinking they will get rich because they were given 500:1 margin and can risk it all on each trade. Worst-case scenario you lose your account, best case scenario you become a millionaire very quickly. Seems like a pretty good gamble right? You are dead wrong.

As a new trader, you should never risk more than 1% of your account balance on a trade. If you have some experience and are confident and doing well, then it's perfectly natural to risk 2-3% of your account per trade. Anybody who risks more than 4-5% of their account on a single trade deserves to blow their account.
At that point you aren't trading, you are gambling. Don't pretend you are a trader when really you are just putting everything on red and hoping the roulette ball lands in the right spot. It's stupid and reckless and going to screw you very quickly.

Let's do some math here:
You put $2,000 into your trading account.
Risking 1% means you are willing to lose $20 per trade. That means you are going to be trading micro lots, or 0.01 lots most likely ($0.10/pip). At that level you can have a trade stop loss at -200 pips and only lose $20. It's the best starting point for anybody. Additionally, if you SL 20 trades in a row you are only down $200 (or 10% of your account) which isn't that difficult to recover from.

Risking 3% means you are willing to lose $60 per trade. You could do mini lots at this point, which is 0.1 lots (or $1/pip). Let's say you SL on 20 trades in a row. You've just lost $1,200 or 60% of your account. Even veteran traders will go through periods of repeat SL'ing, you are not a special snowflake and are not immune to periods of major drawdown.

Risking 5% means you are willing to lose $100 per trade. SL 20 trades in a row, your account is blown. As Red Foreman would call it - Good job dumbass.

Never risk more than 1% of your account on any trade until you can show that you are either consistently breaking even or making a profit. By consistently, I mean 200 trades minimum. You do 200 trades over a period of time and either break-even or make a profit, then you should be alright to increase your risk.

Unfortunately, this is where many retail traders get greedy and blow it. They will do 10 trades and hit their profit target on 9 of them. They will start seeing huge piles of money in their future and get greedy. They will start taking more risk on their trades than their account can handle.

I Talked about this...

But before you jump in to this train that looks easy. You need to know something.
#1. Can you trade on your own?
#2. If yes follow the rues
#3. If you want to make money, be careful and forget about monthly profit goals.

Hope this added value to you...Welcome top FOREX. Make money but know Making it took the experts years of loses and lessons.


We have a Community already to join and learn more. #no monthly subscription nonsense... See link below...Updates comes up evening...

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megafaraday:


Exactly. I'd rather spend that amount on training to generate my own signals.

Brother, I understand you and I GET IT...

Imagine that people were begging for this stuff to come down from #250k to #150k, which the Expert did to accommodate more people while raising funds for one sick guy...

Truth is, there are rooms paying #70,000 monthly yet you can't get what Waju offers...

Follow your instinct though because I know what Trying the shit of trading myself means...$1000+ went on like that....
However, if you have a proof giving place to get the RIGHT signals, do, not some nonsense #10,000 signals...

(I will be posting proofs soon in the room)...

But if you think I as I did you can do this on your own without YEARS of mastering it, answer the following questions...


-What is the difference between a market order, a stop order, and a limit order?

-How do you draw a support/resistance line? (Demonstrate it to yourself)

-What is the difference between MACD, RSI, and Stochastic indicators?

-What is fundamental analysis and how does it differ from technical analysis and price action trading?

-True or False: It's better to have a broker who gives you 500:1 margin instead of 50:1 margin. Be able to justify your reasoning.

If you can answer all those without thinking twice then you are ready to try FOREX on your own - First level...

(This is a one-time stuff, not a vague Forex noise you hear everyday)...PM for Proofs if you want...but answer all those...

LET'S GET SOME UNPLEASANTNESS OUT OF THE WAY


I'm going to call you stupid. I'm also going to call you dumb. I'm going to call you many other things. I do this because odds are, you are stupid, foolish,and just asking to have your money taken away. Welcome to the 95% of retail traders. Perhaps uneducated or uninformed are better phrases, but I've never been a big proponent of being politically correct.


Want to get out of the 95% and join the 5% of us who actually make money doing this? Put your grown up pants on, buck up, and don't give me any of this pc "This is hurting my feelings so I'm not going to listen to you" bullshit that the world has been moving towards.

Let's rip the bandage off quickly on this point - the world does not give a Bleep about you. At one point maybe it did, it was this amazing vision nicknamed the American Dream. It died an agonizing, horrible death at the hand of capitalists and entrepreneurs. The world today revolves around money. Your money, my money, everybody's money.

People want to take your money to add it to theirs. They don't give a Bleep if it forces you out on the street and your family has to live in cardboard box. The world just stopped caring in general. It sucks, but it's the way the world works now. Welcome to the new world order. It's called Capitalism.

*Quiz Time*

Answer these questions truthfully to yourself if you want to make money YOURSELF from FOREX:


-What is the difference between a market order, a stop order, and a limit order?

-How do you draw a support/resistance line? (Demonstrate it to yourself)

-What is the difference between MACD, RSI, and Stochastic indicators?

-What is fundamental analysis and how does it differ from technical analysis and price action trading?

-True or False: It's better to have a broker who gives you 500:1 margin instead of 50:1 margin. Be able to justify your reasoning.

If you can answer all those without thinking twice then you are ready to try FOREX on your own - First level...


I will Stop here today...(See attached image...those that assume they can figure it out before $2,000 is gone)



We have a Community already to join and learn more. #no monthly subscription nonsense... See link below...Updates comes up evening...

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If you are trading Forex alone...make sure to use STOP LOSS, Kick out Over Confidence and do not FOMO...

aycapri:
good afternoon, am interested. Can I chat you on WhatsApp?

Yes, click in to chat with me...

I already told how I lost my money in this gamer called Trading..Let me share another buddy's story...

In his words...

So, a few months back I saved some money and decided that I would be able to make a living out of forex making 12.5% per week, that was 2.5% per day from Monday to Friday.

I had been in the Forex for six month in that time, with only $100 dollars account, and I had broke my account twice (One for not putting Stop-Loss and the other for not controlling my loss in revenge anger) But in the end I managed to make three months in a row making about 40-50% per month, and that was to me the sign that I had figured Forex.

I used a combination of MACD, RSI, ADX. And always kept the lookout for the candlestick patterns, I also used Bollinger bands, but I never really checked them. My main Indicator though was the MACD, the rest was the confirmation I required.

I negotiated only EURUSD and I worked with a 1:100 margin using a policy to hold 2,5% SL if I wasn't cofindent in the play but the indicators were saying I should go, and 5% if I was confident and the Indicators confirmed. I've made arrangements in my job and I saved enough money to live the way I am for one year and to put $2.000 in my Forex Account. My plan was to only start taking money out of the account after six months of gains.

I quit my job in June, and 4th of July I started trading. First month I did well and got 50% even before the second week of the month, in the end of July I had $3.475,68 in my account. My confidence was high as was my spirit, everybody I talked too I would say how I found way to do something I loved and if I could keep my goals I would be a millionaire in less than five years; To everyone saying It was very risky I showed my gains from the first month and said I knew what I was doing.

And then August came. First week of August I had three losses in a row, amounting to $400, and so I decided to take a quick break. One week reading and searching for what was wrong. When I cameback I had in me belief that I was going to make a good position on EURUSD.

I don't know what I was thinking but I opened a position and I spike on the otherway around made me shiver so I moved the SL, believing it would eventually go the way I was planning; That day I went to bed and woke up with $1.000 less in my account, I was back to my starting $2.000 pretty much.

What followed this week was the worst series of trade I ever did, each one pushing to lose even more. First I did a series of trades that downed me to $1.500, than I did a big trade that put me at $800, I managed to land a very good trade that took me all the way back to $1.400 and trying to duplicate the miracle I lost $800 in one single trade. Yesterday I lost $500 and right now I have $72 in my account.

I don't know what I was thinking, I completely lost any of the things that made my set-up work, and now I've lost any chance to go back to where I started. I was overconfident and angry, and I know I have only myself to blame. I just needed to vent it to someone, and the worst part is that I'm ashamed to tell the people I've been bragging about the past month, to admit that I was not only wrong, but I lost everything on it as well.

This story reminds me how I was over confident and lost more than $1000+

While people are losing like HELL in FOREX, others are making money - as beginners because you can't learn to trade Forex and win as a beginner consistently in 5 months... but beginners are making money because it's a copy and paste method of learning how to use the Trading App, not FOREX - just SIGNALS.

You see, we all need that breakthrough from 9-5 work...I mean, who does not want to make extra income. But it is not wise to quit your job and start doing what you don't even understand...

On the flip side...it is wise to come back from work at 5pm, relax, start trading using our Signals anywhere from 8pm to 2am. This way you can quit your job easier when the result blows you out.

We have a Community already to join and learn more. #no monthly subscription nonsense... See link below...Updates comes up evening...

Click to Join - https://docs.google.com/document/d/1SpxrewsFbaNMLYAGfGDfsPN3IVX9Kr-lA_kD_tvKcrY/edit?usp=sharing

If you are trading Forex alone...make sure to use STOP LOSS, Kick out Over Confidence and do not FOMO...

Hi welcome. Let’s say you currently learning the fundamentals of Forex trading and was wondering if you should demo trade whilst you’re learning. It may seem like a dumb question I get it, but here is the truth.

Try demo first
I suggest that you trade using price action. Meaning, no indicators at all..... maybe one or two. I still use RSI or stochastics sometimes

Learn and Trade price action with your demo account. Grow that demo account and treat it as it is "your own" money on the line. Once you feel comfortable and have grown your demo account when you can start trading live.

Yesterday I shared here on NL how I lost more than $1,000 while trying trading. I won a bit but I lost though. Read it here in case you want to see it. >> https://www.nairaland.com/5355734/how-man-quit-forex-trading


Back to the NEWBIES. Here is what you want to do.

Advise #1.
Here are some tips:
• Learn Support and Resistance (both zones and lines)
• trend lines
• Last KISS
• Engulfing Bar
• Outside Bar
• Evening Star and Morning star

Advise #2.
Keep As Much Of Your Sanity Before You Go Live...

Seriously though, take as much time as you can with demo accounts but the most important thing: when you choose a broker to demo trade with do make sure that they're demo account allows you to adjust the amount you can trade with, perhaps even the leverage you can set onto your account; though to be fair the leverage thing you can ignore but get a broker who can allow you to adjust your virtual balance - cause unless you've got stashes of cash in your bank, you probably won't be able to afford $100K, $10K or even $1K.

So practice trading with what you can afford and if you go bust at any time, STOP!

Then assess what went wrong before you reset that balance and/or open another demo account. You won't get anywhere simply jumping straight back in without trying to figure out where you went wrong. Unless you're a "Martingale Trader", then that's different...

Advise #3.
I'll just say it... I believe you should 1) get out of demo as soon as you are ready; 2) get ready as soon as possible. Big part of trading is the mental stuff and you just can't face these demonic succubus in your head by playing it safe on demo.

If you have spare 100$, I'd suggest following. Get through the basics, but get a micro account as soon as possible and start trading with real money very carefully. Your goal should be not to blow your account.

Trust me, if you can keep yourself from blowing up on micro, you'll have better luck when you step things up. Hard in training, easy in battle.
I hope this helps.

For those in this business of FX and want to make money learn more below it is what will Save and serve you...

Don’t risk more than 5% on a trade so the most you’d lose is comparatively low.

Learn more using,
95/100 signals to trade and make money (even this weekend as a beginner)

https://isuawealthyplace.com.ng/the-most-accurate-forex-signals/

Good luck....

The tutorial continues in the other side. Just others and get first hand information.

#no trading traning
#Just learn how to use platform
#copy and paste MONEY signals.

OKAY, welcome...

The video presentation will be given at 2am.

You can subscribe for night plans...


MTN night Plansn

NT1 to 131 for 250 mb
NT2 to 131 for 500 mb

It all started with $50 I used to buy crypto in 2016. Since I left the money on Coinomi wallet app till 2018. In 2018 it was worth more than $500 which I excitedly withdrew went to play prangs on trading.

I knew nothing about trading but I made sure to watch almost the relevant tutorials on Youtube which helped me though.
Read this special article till the before you consider trading Forex on your own...

Upon being confident of the fact that I have learned everything. I went on to Binance without a concrete approach, I traded the trend and was always on my screen.

I made money, grew $300 to $600. Wow, withdrew some and use na? No, until it is $1000.

As time goes on, I became confident with less patience and more FOMO and FUD.

I understood the Candle stick but I thought I knew it all, I mean, market can change. It was negative because the market changed and what I knew was irrelevant....I lost the first $300. To cut the story short, I had enough sense to withdraw the remaining of about $90 from $600 – welcome to the world of trading...

Next Phase...
Motivational speakers say, try again, dude, try again...I did...

From $1000 to $300...That was the end...

It’s funny that I had a good signal room to copy and paste the signals but because I never wanted to wait for them I thought I knew it all...I got brunet while the signal was still running...

Moral Lessons...


Being Lucky does not mean you know the trend, and the market can change even if it never did for the last 2 years....
Follow Signals from Experts ONLY if you had sense enough to pay for it.
Create a demo account and try trading on your own before going gaga with your had earned money


Making Real Cash Forex...

There are students making $1000 a week... I am not asking you to argue with me or back down, all I ask is, let me show you how this works and I will more than happy. Read to the end.

#1. This is FOR beginners who know nothing about FOREX – you will have tom wait and learn the steps.
#2. For those in it, you need to copy and paste the result after showing you the proof of this...
If you are ready, click below to join up against 7:30pm

TRADING TO WIN ON YOUR OWN...I mean developing a successful scalping strategy?



Facts about Scalping to WIN

Use a stochastic oscillator, but focus on price action on volatile markets or markets with a clear trend.
Use trend lines to form channels on 1 min timeframe but regularly check 5, 15 mins and 1 hour to make sure YOUR trades make sense in regards to the overall market.

You can also develop this strategy after only a short while on YouTube and a little bit of your own input.

If you are doing it alone, there is a possibility of a 10% balance growth in about 3 weeks.
A few large drawdowns, but in keeping with market direction and not trading around reversals, you can close every trade in a profit, or with only a very small loss.

Finally, open most of your trades at VERY bad entries, usually buying as market falls and opening 3 or 4 buu positions and waiting for the rise within a few minutes.

Proper scalping would be selling and making more money faster, but your reactions can be a bit sloppy so you might struggle to open the right trades at the right time.

If you follow through you might be seeing faster profits if traded with the breakouts rather then trading then against them.

Note: trading on your end is at your risk. Trade as much as you can afford to Lose. If you have a Signal group make use of it.


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