+18 pips
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Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
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4 comments:
Man, another solid week? I lose count of how many days you have in Green!!!!
Just keep this going.
Yeah, thanks. Sometimes I try too hard to make it green, that's a weakness also.
you've been doing so well recently - well done, i'm impressed. keep it up. can you briefly explain to me what you look for when making a trade? what is your entry criteria? thanks
alex
Thanks Alex. I'm more pleased with trading last month then this.
Most of mine trading is based on closely watching price action and entering when I "see" that price will move immediately in some direction. It can be just for few pips, it can continue much more. By much screen time person develop that sense of what will probably happen immediately. Sometimes it's following momentum of movement in some direction, other times it's break out to new price extreme or reversal trade based on too extended movement on small time frames.
Basically most of the time I'm just following price that already started to move somewhere. I enter seconds after move already started if I believe that it will continue some more in that direction.
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