Hi
please can someon advise if it is possible to trade without being infront of the pc
if so
- can you recommend a strategy
- EA
I welcome your help
thanks
Game
Swing trade… there are lots of strategies in the swingtrading and daytrading subforums that could work well for your timeframe.
I suggest you go have a peak there and see if anything strikes your fancy.
Cheers!
Before you start thinking about strategies, make sure you have a very, very solid grasp on what amount of time you can put into the market and when. Good trading requires consistency. You need to pick a timeframe you know you can work with consistently.
Try Pips school CH11 “So Easy It’s Ridiculous System”
I also have a full time job and can’t be in front of the computer all day. Rember to set you stops losses! 
That being said, I agree will rhodytrader you must be willing to put in the time. I put in one 1/2 hour in the morning before I go to work and two when I come home.
That wasn’t my point, though I do agree with you. I was saying that
you must decide when you can consistently put time into the market and how much. Then you have to stick to it.
I have been reading up on things since last november
I have not done any trading not even on demo
I just been stuck in a rut over trading while in a fulltime job. I am to do what it takes as i see that this has potential. I am not in a hurry for a wipeout account just steady does it.
I have studied candles a little bit and read up on some strategy just need the to commit and start the ball rolling.
Fears I need to work on is not able to have control ie sitting in front of the pc
but day trade is the only option to me
Can you day traders offer some advice best way to start off
thanks
just google ozfx for thier trading system.
How do you propose to day trade with a full-time job? Does your job offer you the ability to constantly monitor trades and the markets? Or are you planning to day trade outside your work hours?
What I mean is
do trading by setting up a trade for the day based on monthly or weekly to get the bias. End just check before i go to sleep, before start of work.
I too have a full time job, and other commitments. But by demoing, I am finding out what suits me. I think that luckily I have some programming skills and can make an EA for a system that I can relate to but may not be able to monitor it to catch the entry signals… not only because may I be at work, but I may be sleeping, or engaged in other social responsibilities.
For me, I look for any signals to the systems I’m testing just before I go to work, then at lunch time which I’m able to have at home since I live close to work (trying to reduce my carbon footprint), and then after dinner for a few hours in the evening. I get a real kick when I open a trade and then go to bed, and the next morning wakeup to find it reached my t/p …a very stress free way to trade for me.
I hear some professional traders trade until they’ve met their quota for the day/month, then take the rest of the day/month off.
I too like the OzFx system due to the fact that it needs very little monitoring and can earn a lot of pips over several days.
So based on some analysis you determine a trade you would like to do on a given day and put in your orders for entry, stop, and take profit? That’s perfectly reasonable.
I wouldn’t be using weekly, and especially not monthly charts in the process though. The timeframes are too far above the timeframe you’re trading in.
Hi
i looked at the ozfx system, one thing i did not understand was the the stoploss is it 100 pips stopl loss per lot or 20 pips stoploss.
When you look for signals before work, lunch, after work. you may get 1 in say a week or 2,3 over a day or so. Do yoy follow ozfx to the letter and do you also combine his squeeze technique as well.
do you trade 5 lot as to the system or just the one.
if all your lots were stopped out isnt that dangerous
well I havent really traded using a startegy i just tried looking for a bias and putting in a entry with t/p - not so sure how to use a trailing stop yet though
I am only demoing so i will hopefully learn the wrong and right way.
I think i need only take the trade if it presents it self on the analysis, however these would be limited as i would not be able to sit infront of the pc all day.
how would you trade if you was working fulltime
The way you’re talking about trading - set your orders and forget them - is one option. The other is to work in a longer timeframe where you need only check on the market and your positions once a day. That would generally be consider position trading by most folks, I think.
if i set up trades
before the open of the market
I would get stung with the news, thats a concern as it could take me to the cleaners if the bias changes for just 5 mins or so
If you’re worried about major data releases, avoid them. There are only a few that generally have the real power to significantly move the markets.
Oh, and there’s no “before the open” in forex, unless you’re talking about the Asian open on Sunday night/Monday morning.
Start by trading a longer timeframe (1 day charts) on demo, trading only 1 pattern. Once you are profitable, you can move to live trading and build on that. Just my 2 cents. 
This thread is 3 Anagami, almost 4 years old, don’t try to boost your post count.
I am encouraged by ForexNinja to get my count up:
"Second, you have to have had at least five (5) posts. If you still haven’t met the quota, there’s still time to make small talk and meet new friends!"
From 301 Moved Permanently
I hope other people are a bit more friendly here.
I agree with ForexNinja in saying contributing to the forum, but a 4 year old thread is of no use to bring back, it’s actually quite frowned down upon here.