I just started on my demo and every trade goes against me. If I go long the trade goes short and wise versa. Sounds familiar?
My problem is that I don’t know which time frame to follow. Tell me please if this is what I should do: When the prices on daily t.f.are above 100 and 200 EMA and EMA are pointed up slope…I should go long and if apposite I should go short? ? If I select shorter t.f and it is not in same direction as daily, do I enter trade according to the shorted t.f. or daily t.f since they almost never show the same direction? What would good trader do?
Also, Is it better to place a limit order or market order?If I place a limit order how far do I go back to establish S/R lines. Does a limit order take too long to fill?
I only place market order and that may be the reason for my bad trades.
Thanks for your help.
sincerily, i think that you should to go to the Forex Training & Education: Beginner Foreign Exchange Currency Trading and realy learn the A, B C of the forex market…then, learn from anothers traders with more experience than you (i.e. read tons of experience in forex forums) …then practice that you learn in an demo acount …and then (only in this moment) you have to develop (or take from another guy) a trader system that be confortable to your trade style…ONLY IN THIS MOMENT SHOUL BE TO FEEL HAPPY OR DESAGREE WITH YOUR DEMO ACOUNT SUCCESS OR FAILS…by the moment i just can say you that dont worry by the time frame or if the EMA cross up or down to go long…
i hope to save you a lot of money to your bank account
sorry for my english…obviously it is not my lenguage
regards…carlos
If every trade is consistently goes against you, why not do the opposite of what you think?
Sounds like a crazy idea, but if you notice that the market is consistantly doing something in regards to your analysis, maybe you should follow it.
Do all of your regular analysis, figure out what you want to do, and then do the OPPOSITE. If you want to buy, short it instead. Do it for a couple of days and see if things start working out for you. It’s a demo account so you don’t really have anything else to lose but time. I’d love to see how it turns out.
Heh, I wish that I had a strategy that was 100% wrong. I’d flip it and make a fortune. 
Seriously, it sounds like you are not really using a trading plan. A trade plan is absolutely vital for your fiscal survival. I paid my tuition by jumping into the markets without having a solid trading plan behind me and won’t be making that mistake again.
I hope that you are losing these trades on a demo account, since there are plenty available for free. Work on your strategy, set your trade plan in stone, or at least in writing, and live by it. When it loses consistently, see where it fails, make adjustments, and trade slavishly according to the new plan. A good trade is one that nets you profit, a great trade is one that you performed 100% in accordance with your trade plan.
My cat can click buttons randomly and may even pull off a profitable trade by pure luck, but that doesn’t make him a successful trader. Learn as much as you can, peruse the strategy board to find a strategy that you understand the workings of to get you started, and paper trade it until you feel very comfortable with how it works and its success ratio. Then tweak it using the knowledge that you have acquired and test the hell out of it some more.
Once you are bored out of your mind because almost every trade goes exactly as you expected it to go then get a real account and begin trading. Fun is what you spend money on, work is what you make money with. Good luck.
Memitim, I love the quote at the bottom. I actually put it into my quote book, that I write all of my favorite quotes in since your quote was touching and had some deep thought.
To Memitim,
Welcome to the forum. Even though you are new to the Babypips forum, you seem to be not new to Forex. How long have you been trading? More importantly have you tried your cat trades on demo? If yes, would you be willing to sell the cats signal setups in real time?