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How to trade NFP in forex Replied 5 days ago - Splendid!
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How to trade eurusd (with the breakout strategy) Replied 2 weeks ago - 26/12/2025 eurusd breakout strategy: Price broke out at the bottom of the Asian range but the reversal actually happened at the pre-franky hour low so it would have been a good play to buy around 1.1774. After price reversed upwards and brok out of the Asian high range, it reversed downward and the playbook would have been to sell around 1.1788
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what is meant by price action trading in forex Replied 3 weeks ago - Price action is not really about cndestick patterns, to me it is about understanding the seasonal behaviour of the markets. For example how does the forex market behave at the begining of the year? how does the forex market behave at the end of the year? which month is the most volatile in the forex market? price action aims to answer such questions.
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what is basket trading? Replied 4 weeks ago - I suppose basket trading is simultaneously opening several trades on several asset classes with the aim of hedhing risk
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Initial Balance Strategy (tested on EUR/USD) Replied 4 weeks ago - The initial balance strategy can also be used to determine the direction of the New York session. I siimply draw a box to mark the range of the 12 pm to 1 pm hour then wait for price to breakout of the range. If the breakout results in a reversal, then i trade the direction of the reversal. In the attached image they were two breakouts at the upper and lower edges of the blue box and a reversal followed suit.
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orokpo1 Replied 1 month ago - todays trade. i am still under training, your advice will well appreciated. i did not enter on time on my second trade and it affected my stop loss.
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Is Futures Trading Hard? Replied 1 month ago - Futures are not for the average trader, they are for extremely experienced traders with vast investing background. Every futures contract is marked-to-market when you leave it open overnight and this is just not chargin swaps like in CFD trading. When the broker marks your futures contract to market at the end of each day, the closing price (difference) of the underlying asset whose futures you bought will be deducted from or added to your account balance. Calculating the value of a futures contract is also a bit more complex than finding pip valu in CFD trading. Futures move with ticks abd each tick has a dollar value stated in the contract and the value can be big.
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Swing Trading vs Day Trading Replied 1 month ago - Day trading is most popular and more profitable for me because the longer you leave a trade open, the higher the odds that price can move against you
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How to avoid swap fees forex Replied 2 months ago - Swap free accounts are the solution and if you do prop firms, look for a prop firm that doesnt charge swaps, there are some like FTMO
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TRADES Replied 2 months ago - Nice one amos, i also took the franky reversal long trade. here is a screenshot of possible trade entries (in yellow circles) I would have taken.
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what's the best music to listen to while trading forex? Replied 2 months ago - I like listening to songs that encourage me to be careful and not take silly risks. "Another Day in Paradise" by Phil Collins is one of my favorites.
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should i use my discretion when trading? Replied 2 months ago - Discretion is for expert traders, if you are not an expert you should just follow your strategy mechanically.
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How can i turn $100 into $1,000 in forex? Replied 2 months ago - To do that, you will need to over leverage which doesnt always end well. Trading is not about one or two big wins, it is about steady consistent wins over time. The trend of wanting to flip accounts is more of an ego thing driven by greed.
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Raw Spread or Standard Forex Trading Account Which Is Better for Scalping? Replied 3 months ago - The advantage of raw spread account is that you can set a tighter stop loss. Remember that spread affects where you place your stop loss so when the spread is tight you can set a tighter stop loss.
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what is paul tudor jones net worth, what is his trading strategy? Replied 3 months ago - His hedge fund, Tudor Capital; manages assets worth upwards of $4 billion. His trading strategy today is a secret they do not really divulge details. But if you check his hedge fund's website you will see the assets they invest in.
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Is it Possible to Trade Forex Without Using A Broker? Replied 4 months ago - No, individuals like you and I cannot access the billion-dollar online forex market without the help of a retail broker.
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what is hfx trading, how much to get started? Replied 4 months ago - hfx trading is just another hoax like ICT & order Block, don't fall for it. There is no need to overcomplicate trading by trying every new thing you hear of. Basically, hfx trading is just trading lower time frames actively and racking up small profits but it's not practical in reality.
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is copy trading risky? Replied 4 months ago - @ozgal I wouldn't take recommendations from anyone here. You can check for yourself but copy trading is at your own risk. If the person you are copying sustains losses there's nothing you can do about it, no refunds!!! I always prefer to trade by myself and hold myself accountable.
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my current trade is in profit, do i open more positions? Replied 5 months ago - I try to maintain a margin level of at least 400%, so for me if opening additional trades will not deplete my margin level I will do so.
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can i open a buy & sell trade on same instrument simultaneously? Replied 5 months ago - Yes, but it is mainly a risk management procedure meant to reduce the losses you are already sustaining on a current trade. It is a strategy used for lowering losses and not for making profit.
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