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Old 11-05-2006, 11:10 AM
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maria77 maria77 is offline
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Post My trading blog - maybe, maybe not.

Hey guys,

I've not been successful with trading so far. So I'm going to start a blog to register my entries and exits. In case if you want to go against me, probably you can try.

I'm not sure whether can I be a trader in future. So that's why I'm going to create a blog to keep a record on my trading. This is the only way to get maximum scrutiny under public eyes and make myself a better trader.

Please share your comments with me. Thanks!

http://fxtrader77.blogspot.com

Hope the moderators allow me to post the link above.
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Old 11-05-2006, 01:14 PM
prasxz prasxz is offline
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hi

Quote:
Originally Posted by maria77
Hey guys,

I've not been successful with trading so far. So I'm going to start a blog to register my entries and exits. In case if you want to go against me, probably you can try.

I'm not sure whether can I be a trader in future. So that's why I'm going to create a blog to keep a record on my trading. This is the only way to get maximum scrutiny under public eyes and make myself a better trader.

Please share your comments with me. Thanks!

http://fxtrader77.blogspot.com

Hope the moderators allow me to post the link above.

You're not yet success but someday who knows you'll become good trader...
it;s just a matter of time...just do your research price everyday...recognize the pattern which frequently appears ....btw did u use a system for trading ?

================
Forex Indicators Collection
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Old 11-05-2006, 02:59 PM
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4xtrader 4xtrader is online now
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Quote:
Originally Posted by maria77
Hey guys,

I've not been successful with trading so far. So I'm going to start a blog to register my entries and exits. In case if you want to go against me, probably you can try.

I'm not sure whether can I be a trader in future. So that's why I'm going to create a blog to keep a record on my trading. This is the only way to get maximum scrutiny under public eyes and make myself a better trader.

Please share your comments with me. Thanks!

http://fxtrader77.blogspot.com

Hope the moderators allow me to post the link above.
Hi Maria,

I saw your Blog n chart attached, here r my comments:

You put too many indicators they will make you doubt, How to entry n exit?

Make sure an indicator that makes u comfort, If you r an intraday trader just using TF 15 min or hourly for entry or exit

Based on my experiences if ADX>20 the prices still in their trend up or down.

Knowing the daily price range (average) for each pair is very important ( using Pivot Point indicator, to get Sup n Res levels ) for profits target.

Trading in the trend coz "Trend is your friend until it bend"

Trade what you see on your chart not what you think

Hope useful

4xtrader

Last edited by 4xtrader : 11-05-2006 at 03:06 PM.
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Old 11-05-2006, 03:14 PM
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Great Blog! Keep it up
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regards

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Old 11-05-2006, 04:19 PM
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Mazoem Mazoem is offline
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I have a question. In your blog you state...

Quote:
Earlier this year, May 02, I deposited 50 SGD into a betting account which allows fixed odds betting on the majors in Forex market. To cut the story short, I've amassed 17,742.36 SGD just from that betting account alone.
What kind of information led you to place the bet's that you did? Were you looking at charts, going off feelings, just playing the odds... or what?

It sounds to me like you had a general idea of trends, reversals and so on... at least enough to predict for your bets. You can trade the same way as long as your patient and do not over leverage.

Remember, indicators are a derivative of price... that’s it. Sounds like you did well not knowing what a MACD or other indicators were.

Ask yourself... if 95% of traders are losing, what are you doing to be just like them?

Trading can be so simple that most people (95%) just won’t accept it, and in turn overcomplicate things. By the time most have “confirmation” to take a position, professionals are already profiting from you and your position. We do not react to change in price, we try to anticipate it.
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Old 11-05-2006, 04:45 PM
et_phonehome_2 et_phonehome_2 is offline
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Never trade on indicators alone, they should only be used as confirmation. If you have been losing too much, then you should rethink your strategy, and possibly look into other trading methodlogies on these forums. THere are some strategies post here and elsewhere that will definitely improve you winnings.
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Old 11-05-2006, 11:01 PM
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maria77 maria77 is offline
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Quote:
Originally Posted by Mazoem
I have a question. In your blog you state...



What kind of information led you to place the bet's that you did? Were you looking at charts, going off feelings, just playing the odds... or what?
Hi, I'm able to build from 50 to five figures was due to their wonderful payout 1:29 at times if they think that it will be unlikely for the pairs to swing 5 pips up and the next 1 min 5 pips down. Most of the times were scalping and don't have to rely on charts, therefore I should say it's based on gut feeling and the very short term market feel. The bets were on 5-min time frame and once it expires, sometimes the payout is 1:6 to 1:29. So I can easily accumulate in few months time. And good thing is, you don't have to get a 10 or 20 pips gain to receive such a huge payout, normally a 2 or 3 pips gain in the last min before they close the bet will yield such high reward. But in trading, I realized it is not easily because at most (due to capital limit) per pip is 10 USD, and it will have to move 30 pips for me to make 300 USD.

I'm new to trading, and so I'm not able to see/predict if the movement is going to move 20-30 pips in the next few hours or so. That's my downfall.

PM me if you keen to know the bookmaker that 'helped' me. I don't want to promote them here, because I'm still peeved at them for not allowing me to bet anymore.
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Old 11-05-2006, 11:09 PM
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Thanks for all of your sharing.

I don't have a strategy yet, I'm relying on MACD crossover, and EMAs crossover for trend reversal detection. Range trading I don't know how to do it.

At the moment, what I know I'm capable of is to trade the news releases. This skill I've picked up from betting with that bookmaker.

If cannot trade on indicators alone, then what else should I look out for?
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Old 11-06-2006, 04:01 AM
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Good looking woman that doesn't prefer swing trades over long term investment is an viable alternative!



Or try this one Setings are for cable! 15 minutes minimum timeframe
Attached Files
File Type: zip maria.zip (15.1 KB, 339 views)
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Last edited by ipixtlan : 11-06-2006 at 10:42 AM.
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Old 11-06-2006, 09:25 AM
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Quote:
Originally Posted by ipixtlan
Good looking rich husband that doesn't prefer swing trades over long term investment is an viable alternative!

Or try this one
Or should I say beautiful rich woman that doesn't prefer swing trades? LOL

Thanks for the indication Ipixtlan! I was wondering how to utilize it? And does it work out more wins than losses?

Last edited by maria77 : 11-06-2006 at 09:29 AM.
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