tag:blogger.com,1999:blog-57530258428624457222024-03-14T04:05:30.523-07:00FOREX C2If you need personal help with FOREX trading for FREE than you have come to the right place!Denishttp://www.blogger.com/profile/04527994267516101894noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-5753025842862445722.post-66966831051588977332011-03-12T03:49:00.000-08:002011-03-17T07:29:17.690-07:00ABC REVERSALS
Denishttp://www.blogger.com/profile/04527994267516101894noreply@blogger.com0tag:blogger.com,1999:blog-5753025842862445722.post-91738838782432800262011-02-27T05:06:00.000-08:002011-02-27T05:06:31.491-08:004. Don't wanna accept the losses First you need to understand that trading is not like regular job! On a regular job you will go to work and
earn your pay, but Forex trading is more like business with unpredictable costs or TENNIS game. In
tennis game even if you are professional player you will loose some and win some. Everything depends on
how good player Denishttp://www.blogger.com/profile/04527994267516101894noreply@blogger.com0tag:blogger.com,1999:blog-5753025842862445722.post-33191525251231497062011-02-27T04:56:00.000-08:002011-03-17T10:15:46.000-07:003. Don't know how to control emotions I know that all of you have heard about two main emotions in trading and those are
Greed and Fear. However, there are other emotions that are immanent while we trade. Emotions like:
-Have you ever experienced on the market while watching the price action that you are not sure about entering
into position or how to move your stop loss. Maybe youDenishttp://www.blogger.com/profile/04527994267516101894noreply@blogger.com1tag:blogger.com,1999:blog-5753025842862445722.post-51561288791866364252011-02-27T04:48:00.000-08:002011-03-04T10:27:04.662-08:002.Insufficient discipline to follow the trading plan Second problem why traders lose money is insufficient discipline to follow the trading plan.
Why wouldn't trader follow the plan? There can be few reasons.
Maybe he isn't comfortable with his trading plan.
If you wish to trade 5 different trades on intraday basis, then you don't need long term investment
strategy. Also, if you are trying to trade small Denishttp://www.blogger.com/profile/04527994267516101894noreply@blogger.com0tag:blogger.com,1999:blog-5753025842862445722.post-67158989015610304902011-02-27T04:44:00.000-08:002011-02-27T04:44:10.657-08:001. Insufficient trading plan I have been talking with lots of new traders and when I ask them to tell me their trading strategy
I get different answers.
For example:
1. My trading strategy is a secret!
2. I use stochastic and moving averages!
3. My trading strategy for tomorow is: if 1.3000 would be broken then price will go up.
4. What is Denishttp://www.blogger.com/profile/04527994267516101894noreply@blogger.com0tag:blogger.com,1999:blog-5753025842862445722.post-45808854093469094852011-02-27T04:39:00.000-08:002011-03-04T10:21:15.014-08:00Why traders lose money 6 common oversights
I Denishttp://www.blogger.com/profile/04527994267516101894noreply@blogger.com0tag:blogger.com,1999:blog-5753025842862445722.post-35534124507122500622011-02-26T07:26:00.000-08:002011-05-09T07:00:17.831-07:00TRADING strategy C2First, I will show you why C2 is considered as the point of the minimum risk when you wish to trade the trend and second I will show you how to correctly apply trading strategy with correct money management.
Denishttp://www.blogger.com/profile/04527994267516101894noreply@blogger.com0tag:blogger.com,1999:blog-5753025842862445722.post-78426765536757704872011-02-26T06:04:00.000-08:002011-02-26T06:05:57.288-08:00ELLIOT WAVESElliot waves is simple counting method and if you have mastered previous ABC trend reading method then it would be no problem for you to apply this Elliot wave theory to your trend!
All you need to do with Elliot waves is to count the waves!
Elliot wave theory has two possible scenarios!
First scenario is 5 waves trend and then abc retracement!
As you can see: 1st wave is from A to B1, &Denishttp://www.blogger.com/profile/04527994267516101894noreply@blogger.com0tag:blogger.com,1999:blog-5753025842862445722.post-50125975461043676532011-02-21T02:15:00.000-08:002011-11-28T06:13:51.806-08:00ABC Analysis explanationABC analysis is basic reading of UP trend or Down trend!
It is very simple and powerful method!
First thing that you need to do is to detect UP trend or Down trend!
UP trend!
STEP 1.
Find minimum of UP trend (minimum price on your screen you are watching) and mark it with a letter A!
Find next maximum (first maximum after A) and mark it with a letter B!
AFTER B find new higher Denishttp://www.blogger.com/profile/04527994267516101894noreply@blogger.com0tag:blogger.com,1999:blog-5753025842862445722.post-51030215721293335652011-02-19T09:39:00.000-08:002011-11-06T05:28:15.025-08:00TIME ANALYSISRIGHT TIMING is everything!
FIRST THING that you need to do before opening the FX charts is to check the time and study ECONOMIC CALENDAR for news releases!
If you are an intraday trader and you use small time frames from 1h to 1min for your analysis then you need to pay attention to time analysis even more than daily traders!
Why we need to pay attention on a time?
I will try to explain Denishttp://www.blogger.com/profile/04527994267516101894noreply@blogger.com0tag:blogger.com,1999:blog-5753025842862445722.post-63029774853848653112011-02-19T06:11:00.000-08:002011-03-05T04:10:25.686-08:00Learn to analyze 1.STEP 1
First thing that you need to learn is to recognize the trend!
We have three different trends:
UP trend
SIDE way or NO trend
DOWN trend
When you are trying to detect the trend you must watch whole screen as one picture!
You need to practice this on all currency pairs and on all time frames!
When you feel comfortable with trend recognition then you can take STEP 2!
STEP 2
Denishttp://www.blogger.com/profile/04527994267516101894noreply@blogger.com0tag:blogger.com,1999:blog-5753025842862445722.post-4809761100550470562011-02-18T23:21:00.000-08:002011-11-30T04:59:39.110-08:00QUESTIONS and ANSWERSDo you know which FOREX broker doesn't ask for ID at all?
If you wish to trade demo account then you don't need ID but if you wish to trade live account every
broker needs your ID to open an account. Forex broker is depositary agency, same as bank or fund!
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How to identify or learn Elliot Denishttp://www.blogger.com/profile/04527994267516101894noreply@blogger.com0tag:blogger.com,1999:blog-5753025842862445722.post-11156594315909820922011-02-18T09:39:00.000-08:002011-02-20T01:59:52.963-08:00MY MISSIONWhen it comes to FOREX I like trading FOREX and everything related to trading. I like to teach others!
I have a talent to explain and my mission is to explain the basics and advanced stuff about trading to everyone who is interested in trading and is willing to devote his time to learn new things every day.
If you learn only 3 facts per a day, after one year you will know Denishttp://www.blogger.com/profile/04527994267516101894noreply@blogger.com0tag:blogger.com,1999:blog-5753025842862445722.post-5115229022453121272011-02-18T09:06:00.000-08:002011-02-18T09:07:16.730-08:00«How I Became TOP Forex Trader»The story begins in the year of 2003 when I came to the Forex by chance through a friend of mine.
I didn't waste my time! To learn the basics of trading, I have attended the basic course to become Forex trader ($240) .
The course lasted for two weeks after which I knew how to run the trading platform, recognize the trend's, what is PIP, etc.
It was quite logical that this knowledge isn't Denishttp://www.blogger.com/profile/04527994267516101894noreply@blogger.com0