hello friends (and some enemies)… i would like to announce for all the world to know that i made a 1.62% gain on principal this week using price action(s). thank you very much.
Congrats. Which pair/s did you trade and what strategy/ies did you use?
Thanks
Huck
[QUOTE=“Huck;632420”]Congrats. Which pair/s did you trade and what strategy/ies did you use? Thanks Huck[/QUOTE]
i trade most, if not all the pairs, except the ones with very high spreads (anything paired with NZD, AUD, etc) and the JPY pairs (notoriously unreliable from a technical point of view). strategy wise, just using price action(s), buying low and selling high. yourself?
Care to elaborate?
[QUOTE=“FOREXunlimited;632450”] Care to elaborate?[/QUOTE]
jpy is unreliable technically… works fine fundamentally (japans keeps printing money).
I usually trade major pairs like EUR/USD, GBP/USD, USD/JPY, and USD/CHF. So you’re more or of a short-term trader then? How many times do you trade in a week anyway?
Care to elaborate a bit more please?
What do you mean “jpy is unrealiable technically…” ?
[QUOTE=“FOREXunlimited;633065”] Care to elaborate a bit more please? What do you mean “jpy is unrealiable technically…” ?[/QUOTE]
it’s like the Dow Jones, it keeps going in one direction, without fail… no corrections, etc… it’s a sure fire way to trade the markets bc they keep dumping funny money into it.
[QUOTE=“Huck;633059”]I usually trade major pairs like EUR/USD, GBP/USD, USD/JPY, and USD/CHF. So you’re more or of a short-term trader then? How many times do you trade in a week anyway?[/QUOTE]
yea, those are good pairs; i trade those, too. eur/usd used to have a lot more volatility. i trade whenever the opportunity presents itself. if i see something i like, i’ll chase it with a naked buy/sell. i try to make 5-10 trades a week, what i usually end up doing is make 1-5 trades. how about you?
-23% for the week. 
JPY pairs do have corrections - they are just not as strong as other currencies.
If you study the charts carefully, you will find these corrections. Good to hear that you are in profit though
Good luck trading
losing money here! still working things out… check out my losing money every time system; if you do the opposite of what the system tells you, you gain money everytime!
1.62 $ of 100 $ !!
God bless you
I usually trade 1-2 trades a week but it really depends on how many swing trade opportunities I see on the majors. There aren’t too many these days…