Forex Trading Forum – What is the Best Forex Trade System?This forex trading forum is a mix of hits and misses as you learn to day trade forex along with me!My aim is to continually improve my forex trading and make better trades each time. See my method of how to trade currency, including which forex trade signals I follow, as well as other techniques I use to trade forex online. I will also be reviewing new ideas and strategies from forex trading books, forex robots and forex trading signal software to improve on my forex trade system …. Anything I can try to make forex trading easy! I truly believe that when done correctly, forex trading is one of the few reputable ways to become rich in a relatively short period of time. This forum will allow me to test new strategies and get feedback from the forex trading community on what does and doesn’t work. Before we proceed, a word of warning: Forex is NOT the best way to INVEST money, rather think of it as a potentially profitable game – risky, but if done well it can be one of your best ways to MAKE quick money.
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I’d like to invite you to participate. You can provide comments, advice and feedback on my trades as well as submit your own trades to the forum using the form below. Participating in the forum is totally free as well. Pips and MissesContribute to this Forum! The Forex-Trading-Beginner community would love to read about your latest forex success (or learning experience). Tell us about your trade, strategy, market psychology tip or latest "ah-ha!" moment... What other community members have said...Click below to see contributions from other visitors to this page... It was an AUD/USD trade if I remember rightly... I entered a trade on the evening of my birthday (my first one)on the open 11.30pm New York time. Stake $10 a point. When I got up at(UK time) I made 170 ...
I'm taking a 6-week vacation
One of the best things about being my own boss is that I can vacation whenever I want :)
40 Pips from EUR/USD 25 July 11
I short-traded a gap on the Euro, entering on the inverted mallet formation.
18 pips on USD/CHF 18 July 2011
I made 18 pips on this trade, using a "gap" entry strategy.
USD/JPY Feb 10 2011... it's a HIT!
I made 44 pips from this trade!
The Waiting Game
I opened my charts. Went to my daily chart. Assessed the trend. Opened my hourly chart. Assessed that trend. So far, so good. Two day swing trade pattern trade Today I entered a trade based on gann swing rules for the two day chart. I entered long on 11 January 2010 at 1.4522. This was also above the natural square ... Well, this is embarrassing... Since I started this little forum, I committed to posting every trade I've executed, whether good, bad or indifferent. Well, here it is. Another loss. Completely ... Down 26 pips on CHF gap 15 August 2011 I knew my profit streak was too good to be true! Luckily, with my capital preservation strategy, and putting my stop in the right place, I only lost ...
46 pips on CHF gap 8 August 2011
Traded a gap in the Swiss Franc / US dollar pair.
27 pips from AUD 3 August 2011
Entered on 15-minute chart at the close of the bearish engulfing candle .
1 pip on CHF/USD 14 June 2011
This was a Short-entry trade on the CHF. This means I was hoping the value oft he CHF would go down in value against the USD. Foreign Exchange Market - Advice The main factor you should consider in the forex market is not just your experience in the investment world, but your capacity to learn, set your goals ...
9 Pips on CHF 6 June 2011
Entry: 8348 23 pips on GBP 26 May 2011 The GBP/USD was trending upwards nicely, and an excellent entry opportunity formed on the hourly chart by way of two mallet formations, one after the other....
1 pip on AUD! 24 May 11
I made 1 pip on this trade. Profit is profit :)
Collected 10 pips from USD/CHF 17 May 2011
As the market was tracking along the downside of an old upward trendline, I knew it would be a good time to enter the market on the bearish side. EUR/USD 9 May 2011 - Hit! I made 29 pips on this trade, taken on the 'gap' as the US market opened for the week (4pm New York Time). This was a 'short' trade, which means I made ...
Debating a trade - CHF/USD 3 May 2011
Click on the charts above to enlarge them
Sometimes Patience is the most Difficult thing to Learn
I haven't traded in about a week, due to economic announcements and religious holidays in just about all of my favorite currencies.
EUR/USD 18 April 2011 - A miss on this one.
Trading at one of my favorite times - the opening of the Forex market at 4pm Sunday, New York time. This is 7am Monday, Sydney time.
AUD/USD 4 April 2011 - Miss!
Oh man... I lost 21 pips on this trade. Hit on AUD/USD 28 March 2011 The open of the US Dollar each week is one of my favourite times to trade. Sometimes "gaps" appear in the market, which give good opportunities to jump ...
EUR/USD 14 March 11 - Hit!
I made 21 pips on this trade, by entering the market with a bearish focus in the first few hours of the US market opening for the week. AUD/USD 28 Feb 11 - Another Miss! This is getting embarrassing. My third miss in a row. But I am blogging about every trade, the good, the bad and the ugly, so I need to bite my pride a ...
AUD/USD 23 February 2011 - Miss...
I lost 15 pips on this trade. MISS on USD/JPY, Feb 17 2011 To be honest, I'm a little ticked off. I lots 11 pips on this trade, and I got sucked into the "market swings away to stop you out before going in the ... Avoiding Temptation I have just closed my charts for the day, despite knowing that in all likelihood, there will be some trading opportunities in the next hour. Why? I've ...
AUD/USD 31 Jan 2011... Hit!
I made 36 pips from this trade.
Support and Resistance lines
After an extremely busy 2010, including an overseas move, I am finally feeling ready to settle back into trading. And boy, am I rusty!
Chart for closing Eur/usd trade today 13 Jan 2010
Hello AUD/USD 12 Jan 2010... Miss! Today I traded the AUD/USD. I entered on the hourly chart at 9237, after spotting a Comeback King where the trendline intersected a Fibonacci line. Stop ...
My Forex Trade System
This is my first post to the pips & misses forum, and just wanted to let you know about my forex trade system before I post any trades.
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