sadscorpion

BUY EURUSD @1.4340 sET SL@ 1.4240 TP1 @ 1.4419 TP2 1.4481 @ TP3 @ 1.4530 ************************************************************************************* More updates will be posted Soon. GOOD LUCK AND TRADE AT YOUR OWN RISK.Hope this could help.I do not want to sell anything. Just giving You my Idea. thanks *************************************************************************************

hi dear i am active member of more than 30 pages .......... my own page is "karachi forex spot" and "xyna fx fund and forex signals" 2nd one is i just start two days ago just passed to my frind he will make it beautiful and more attractive and if u need all other than add me on facebook i will add u all groups . my fb email is sadscorpionfx@gmail.com thanks

hi dear all traders i have more than 3k books in trading in soft copy.(with all categories) if anyone need any book i will send him if that book is not present in my collection then at least i will try to search it and share with you. so happy traders dont worry and just send me book name and author name.

hi dear don't try any local broker for trading in any market bcs they are like a bookies they can run with ur money anytime trust me i face this so many time .............. try to invest in trusted brokers where u u get prices in sec without any re quotes and freeze prices ........ when u r investing then think like a business man who research before any single penny investment so give your time to education and research and after that invest to any broker....

thanks for knowledge sir but ground reality is this that ur credit bonus you cant withdraw until u trade a fix amount of volumes and that is very huge if u are a scalper than it will take 2 to 3 months to reach that target....

hi Bohica there are lot of forex groups in facebooks in thousands i think u must search that is near you and in ur language ... u must first search with your city name or country name you will find many pages ... but if u feel any difficulty then tell me i will send u the links of my groups in which iam the admin ... thanks

why 90% traders fail in forex?why???????? why 93%age of traders fail and loss all thier hard earning in trading. They have good system, strategy, plan and knowlege to sucess in trading then why they fail in it..... let me give u an example:- in a city out of total population 2crore 20%age are fat and want to loss thier whight. it mean 40 lacs peoples are fat in the city and they all want to loss thier wight. if we reduce more on it out of 40lacs 50%age is b/w 15 to 45 mean 20lacs peoples try to loss thier wight. in that city a book market there are 1000 diffrent authors books, magzenes are present on the topic of "weight loss" with diffrent names like "exercising and fitness" , "how to loss wight" with same aim but diffrent methods to loss thier wight.these 20 lacs peoples try these books on wight loss. if i wrote a book on wight loss it would be a very , very short(that is core of all books written on this topic) 1)eat less 2)exercise more come on it's simple. we all know that we can loss 10 pounds in 10 weaks if we just follow these two rules. we reduce our colorie in take to 1500 or 2000 colories per day and then we do some exercise at least three times a weak for a minimum of 30 minutes. we have a smart goal ("loss 10 pounds in ten weeks") and we have a plan ("eat less and exercise more"). so why do we keep buying these books and magazenses that promise a new diet, a new way to lose wight. and what u think how many peoples success in this process to lose wight just 5 or 8 out of hundread. "Because other fails to execute a plan " like these fat peoples think that they all are traders and want money in trading.some of them just buy books,magazenes,systems and think one day they will get holy gril and become very rich. like yu cant lose your weight in one day.u can do it with some hardwork and constancy to follow ur plan to loss wight.like this you cant become rich in one night while sleeping.you must follow the simple rule "plan your trades,then trade your plan" your job as a trader is to follow/execute a trading plan.and who's going to write his trading plan? you are. notice the word "write".it needs to be written down.on your trading desk.in front of u. your trading system will give u the rules to follow. all u do is translate these into ur plan. a trading plan must have four pars. 1)set up 2)entry 3)exit 4)money managment your trading plan covers every eventuality. you know what to look for in the market.when to get into a trade and when to get out. keep it simple and follow it religiously...

The European currency fell back in the day Tuesday to the area of balance of 1.4155, where their movement lateralized closing the day above it, while watching an appreciation of the dollar in the market. However, on Wednesday and expected jobs data due on Friday, and as a prelude to the ADP will in a few hours, we see this couple more than 190 pips recovering after trying on 3 occasions exceed the minimum zone unsuccessfully concluded candles 4 hours over 50% of 1.3837 and 1.4536 path between . Currently the pair trading at 1.4315 back after reaching a maximum in the resistance level of 1.4345, resistance now consider an extension before the tour. This scenario will place as the next level to 1.4370, and 1.4395 where we draw the trendline. If not passed the area up to now, the pair will resume the downward direction, with support levels at 1.4280, 1.4245, 1.4215 and 1.4175 and 1.4100.

no any single book will make u a successful trader.... u may get tips and ground tips for the trading but never ever any any holy gril... here i share my there books that give me gud knowledge to improve my trades . if anyone need this plz send me PM with email address i will send him through email. Nison_.Steve.-.Japanese.Candlestick.Charting.Techniques 18 Trading Champions Share Their Keys To Top Trading Profits Trade What You See by Larry pesavento and leslie jouflas thanks

Always know what events are coming up- keep a close eye on the calendar. The trend is your friend -- one of the oldest and best axioms. Keep a trading journal. Experience is only valuable if you learn from it. Never stop learning. Learn the basics of technical analysis and learn how to use different types of charts. Success is the result of preparation and discipline. If you’re unsure you can talk it over. Don’t add to a losing trade until you understand why the market has moved. Keep enough funds in your account to take advantage of any opportunity. “Markets can remain illogical far longer than you or I can remain solvent.” – John Meynard Keynes’ timeless advice. Never fall in love with a trade, profit and move on. Stay confident. Even the best traders have cold streaks. Always trade with a stop loss. The best traders know how to keep a clear head. Don’t trade when you’re feeling emotional. “Markets can remain illogical far longer than you or I can remain solvent.” – John Meynard Keynes’ timeless advice.

hi all traders.. very nice thread for newbies..... best of luck in this new magic world.. for all newbies i will suggest the School of Pipsology by babypips.com they have very nice chapters and articles from basic to advance. i also suggest u to join any facebook forex group (u can search on facebook for forex groups) where you can also live chat with all other traders and get great help live from them you can also see there traders that they share there. and last thing keep a jounal or register and write down every new point that u learn from anywhere. make notes and last make a plan and trade your plan ... thanks

Hi All traders ............... I will post all my analysis on EURUSD pair here daily and all orders and entry points that i take will be posted in this thread on EURUSD.... with fundamental and technical analysis .. :missy: Today trade on eurusd of August 3, 2011........... The EU itself has been in a steady downtrend for the past 3 months, since the April high of 1.4880, in what actually appears to be a bullish flag pattern (the downward trend of the past 3 months being the flag). With 4550 holding, however, we will continue to look for bearish opportunities overall. Trading Idea:- I am bearish on the pair from the current price of the pair. I am short with a sl of around 80 pips at 1.4392 with a minimum target of 130 pips and then my second target whould be the recent low of 1.4100 area. We will also be watching for an aggressive long near any dip to 1.4100 as the pair has been making nice oscillations recently and any significant dip is likely to be met with profit-taking and a rally.

One of my Strategy .......Need comments to improve it together... Basic Ground Rules Before any trade(3 rules must be followed) rule#1:- try to trade only during the londan and us session. rule#2:- make sure to watch a news calinder and stay away from trading before and after news release. rule#3:- enter only on a clear strong trend. a)indentify a current trend (remember-the trend is your frind.) b)Ignore all signals against a current trend. timeframe:- 5min and 15min to enter a trade and 1hour and 4hour to identify a trend. pairs:- EU and GU (INCREASE ONE PAIR AFTER 50% GAIN IN CAPITAL). ============================================================ BASIC ENTRY RULES lets Suppose one pair thats going strong down trend. (suppose= eurusd) its last day open was 1.4500 after open it goes 60 pips high then 200 pips down. keep in mind (eurusd normal averge daily move is 90 to 180 hight impect news days 150 to 250 and 300 to 500pips after some weaks or month.) next day it open 140 pips down from the previous day open. after open it move up and down 50 pips in asian market or even more but when uk market open it is 30 pips away from its open and we get a sell signal in the direction of strong trend as i mention in above for tp1=40 - 70 pips in down side. sl is also same. (keep in mind that our entry is on the 5min and 15 min candle conformation and that is our entry points.) we open a trade to get 15 pips that equal to 0.5% of our account equity. if it goes postive then we get o.5% gain in our account. if we get 15 pips that gud otherwise if goes aganst us then after 25 pips we open another with same tp. if goes positive then we get total 45pips. (appr=1.5 gain in our equity) from thr we again enter if our sl is previous day high or low is not hit point 2 above is allowing to enter again in same point. like this wise we trade as averaging on this manner. 1) enter for 15 pips. (0.5% at every tp hit) 2) after 25 pips against we enter again with same tp. (1.5% at every tp hit) 3) after 25 pips against we enter again with same tp. (3.6% at every tp hit) 4) after 25 pips against we enter to get out at average price. (0% gain) 5) after 25 pips against we enter to get out at average price. (0% gain) 6) double the postion at 25pips of first entry and out at average price. (0% gain) ++>> dont trade on before and after main news at least one hour before and after. ++>> dont trade if a pair moves 80 pips from open price. ++>> dont trade if u get 3% mean 6 trades in row in a pair. ++>> dont trade at possible retracement levesls points ++>> entry should be with 5min or 15min chart candlestck formation. +>>> IF We follow the any other system that make 70% correct tp hit signals. in simple rules if we trade then out of ten we get 7 trades postive may be more or less. 7 out of 10. 7*60= 420 3*40= 120 but here if we get all the trades on time and enter on time but if we dont get in time and our bad luck then our gain will be very low or may be in negative. ++>>>but if we trade like this then we get in one pair we get 7 postive mean we can get (keep in mind tp is 15) 4 tredes in rows and in more volitile satuation even more than it. if we get average 5 mean 5*15*7=525 and in some trades we get 2nd tp hit let suppose 3 trades. we get average 3*45*7=945 in some cases we get 3rd tp hit let suppose one trade. 110*1*7=1540 in two cases we get 5 trades at breakeven average. 5*0*7=0 one trade out of that at loss is 550pips loss loss 1*==150+125+100+75+50+50=550 total positive 3010-550=2460pips ++++++++++++++++++++++++++ what u says traders this is good strategy or not plz share your ideas to make this system more improved.