A few ticks gain from a single trade, based on price action and trendlines only. Life is simple.
3 comments:
Anonymous
said...
Hi Forexbird - Been tagging along with your blog for quite a while but the neat simplicity of this trade really struck a chord: Beautiful trade...a few simple trendlines are all that are needed. Great example - please show a few more when you can :-) Best wishes from Austria, Martin
There is nothing better than catching tips from a vintage trader like you, so these tips are just amazing and has really improved by trading by great miles while the rest of stuff is completed by the genius broker OctaFX that I use, it is one of the rare companies that is there for every situation of Forex, it is wonderful for scalping, long term trading and also they provide the great customer service that is available for help 24/5 whenever we need.
All CFD merchants are aware of the fact that their success and work are not limited to anything that happens in the trading office environment. It is important for merchants to move and meet clients and this can be of great interest to them. FXB Trading uses several different mobile platforms so that traders can create new orders and place new trades.
"When i trade at home, I often watch the sparrows in my garden. When I feed them bread, they take just a little piece at a time and fly away.They keep on flying back and forth, taking small bits of bread. You will never be able to shoot a sparrow, it is just too fast. That is the way I day trade". M. Weinstein.
"Μηδείς αγεωμέτρητος εισίτω μοι την θύραν". Plato
"Toute lucidité est la conscience d'une perte". E. Cioran
There is nothing to sell on this blog. No signals, no "systems" for sale. Just my trading plan and the recording of my trades on eur/usd and the fx euro future recently. And the books, the music, the films I like.
The Forexbird is a professional currency trader. He is also photographer and engineer, a maths and music addict and curious about everything.
Reading simultaneously two books on Technical Analysis, one good and one (very) bad. The good one is this, by Martin Pring . All you need to...
Risk Disclosure
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The author is not liable for any loss or damage which may arise directly or indirectly from the content of this website.
3 comments:
Hi Forexbird - Been tagging along with your blog for quite a while but the neat simplicity of this trade really struck a chord: Beautiful trade...a few simple trendlines are all that are needed. Great example - please show a few more when you can :-) Best wishes from Austria, Martin
There is nothing better than catching tips from a vintage trader like you, so these tips are just amazing and has really improved by trading by great miles while the rest of stuff is completed by the genius broker OctaFX that I use, it is one of the rare companies that is there for every situation of Forex, it is wonderful for scalping, long term trading and also they provide the great customer service that is available for help 24/5 whenever we need.
All CFD merchants are aware of the fact that their success and work are not limited to anything that happens in the trading office environment. It is important for merchants to move and meet clients and this can be of great interest to them. FXB Trading uses several different mobile platforms so that traders can create new orders and place new trades.
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