Anyone can help me? I learnt from video courses/ebooks. I need practical experience

michaellobry · February 2, 2014, 8:52pm

Hi everyone. Let me introduce myself… my name is Michael Lobry, from The Netherlands. I am learning forex (for 2 years now) and I have a self-written summary over 150 pages about good signals and forex strategies (yes also Elliot wave). But now I need to apply them in real life. Could anyone be of assistance and help me to apply good signals/strategies? Tomorrow I will start my live account for the first time. Thank you!

Huck · February 4, 2014, 10:25am

Hey there, Michael.

What exactly do you need help with?

michaellobry · February 4, 2014, 3:44pm

Hi Huck, thanks! I would like your help with starting my first three entries. We can just see together how many signals we see before entering a trade. Working together is better than doing my first trades in a live account for the first time. I’m a bit scared but at the same time excited to start with a live account. Are you interested to join forces ? Maybe we can first check which currency pair at this moment has the best opportunity to start a trade. What about (going long) buying AUD/NZD? Because in the monthly chart you can see it’s reaching a double bottom and it has never reached this low before. Exactly when would you go long when trading AUD/NZD? To which pip would you anticipate to move to (which market price would be a possible negative turn)? If I would answer this question, I would say that the market price would DEFinitely not go below the double bottom, what do you think?

michaellobry · March 21, 2015, 5:40pm

Hello traders, I’d like to start a forum thread where traders would daily post their thoughts of EUR/USD: up or down + their analyses. Who would be interested to support me with this?

eddieb · March 21, 2015, 6:07pm

Threads for this already exist here, why not just follow one of them?

mastergunner99 · March 21, 2015, 7:43pm

michaellobry:

Hi Huck, thanks! I would like your help with starting my first three entries. We can just see together how many signals we see before entering a trade. Working together is better than doing my first trades in a live account for the first time. I’m a bit scared but at the same time excited to start with a live account. Are you interested to join forces ? Maybe we can first check which currency pair at this moment has the best opportunity to start a trade. What about (going long) buying AUD/NZD? Because in the monthly chart you can see it’s reaching a double bottom and it has never reached this low before. Exactly when would you go long when trading AUD/NZD? To which pip would you anticipate to move to (which market price would be a possible negative turn)? If I would answer this question, I would say that the market price would DEFinitely not go below the double bottom, what do you think?

Don’t fall into the trap that price has to follow along with one of the dozens of price action patterns that exist. This isn’t about guessing and hoping and trying to accurately predict the market with strict and defined rules.

It’s about probabilities and exploiting opportunities that are given to you.

Why not wait for price to do what it’s going to do, an d then hop on for the ride in whichever direction it takes?