Traveling trader forex 365i
Ok so you probably noticed I havent posted sincewell I have just made another 1 year world trip, met a lot of new people, tested new projects. All in all, very productive 14 months!! No BS magic strategy selling. This is coming very soon next week! Even if for the last year I didnt update much trader blog, I still trader tons of emails. I try to answer to all of them, and sometimes the discussion gets really interesting so I will post a few here on the blog, to share the love. I even found a copy of The Zurich Axioms and am taking a look. I am just wondering if you always post your Gap trades on every Sunday? If there are indeed Gaps. I just decided this weekend to start posting all my gap 365i, so yes starting from now they will be on the blog every sunday. I made a post on the blog with a youtube link, video is not from mine but the guy knows what hes talking about. I only trade 5 minute chart, because i am a short term trader with high leverage, my trades last usually around hours. I quickly look at higher time frame forex be sure there are no gaps or huge candles nearby i dont want to be stuck forex a stophunt spike. Are you 365i out trading travelling? I came across your blog in a google search. I have ben trading form some years already and have a similar short trading style to yourself. If your still around out there in the world it be great to meet up and talk shop. I found it hard to find another experienced trader to have a face to face chat with in a social sense apart from seminars with newbies wanting to pick my brains for forex tips and fast money lol Im in Melbourne Australia probably heading to Asia first. Hey Elk, sorry for the late late reply, but yes I have been traveling for the last year and gmail filtered the message. I wait for for spikes and counter the movement. I also made a big adjustement in my strategy. I would be profitable for few months 365i have a big loss. 365i is completly random, for example a trader disaster or a big failed company forex fuck up the price and there is no way out. Just like recently the BOA governor made a random wire at midnight telling he wants the AUD forex and is willing to print money. Basically at some point of an other, you will not be able to get out of a trade. Have you been to asia? I am actually flying to Thailand in a week. First let me say im late for posting, I have been very busy the last 2 weeks as I am planning another big world trip for 2 years. I will probably be flying straight to Bangkok thailand first, then head towards Europe for summer. What happened was talks about traveling next BOJ finance minister. With that kind of pips, I dont even need to wait for the full retracement of the gap wich can take more than traveling day in some cases. Another very slow sunday that turned quite big. There were no major gaps, and to be perfectly honest, I wouldnt recommend trading on a day like that. The fact that the trades were made on the Yen, is even more risky due to their recent monetary policy. As you can see in the screenshots my exits are almost perfect, probably only a matter of experience. Because I am new to the blog thing, many of my friends with more expertise recommended 365i to start collecting emails to traveling up a forex list. So this sunday I started to check pre-market quotes at I saw that the Japanese market was closed for holiday, and personally I always appreciate that, as this means less liquidity, more volatility, and in english, better gaps. Sadly tho, there was only an interesting gap on the CHF, and on all the majors, only UCHF made a clean breakout. I then readed on forexlive a great live blog I would recommend that there were some comments about further devaluation of the CHF, so I might have to say here that this was a forex risky than usual trade, and I wanted to exit quick. ECHF also made a great movement, but there wasnt any clear resistance, and the pattern looked more like a pro trader than a novice one the price jumped higher from the bottom, pros are the one who buy low and then sell high. So here is my UCHF trade with a trade description, I also took a screenshot of the missed EU trade. I also talked about gap trading, and even posted 2 videos about that how to get pre-market quotes for freeand how to know what gap is good to trade. Well I just decided to show you my own personal live trades, for every sunday, when there is a interesting gap formation. Traveling here are last week trades 3 february Tomorrow I will post live my trades if theres anything good! I recently received an email with many interesting questions from a fellow trader forex this blog. I asked for permission to post the transcript and here it is. Hope you will get something from it. I just found your blog not to long ago, and while I confess that I have yet to read all your posts I will, promise! As someone who sees forex as a means to live a life such as yours, this blog brings so much hope. Though Traveling am no where close to being a great trader, I can turn a profit. Did you have to raise any initial capital before starting your journey? Also, does traveling trading coupled with your lifestyle manage to net you any profit that allows you to grow your trading account? Thank you for your time, and now I will enjoy reading your blog! I started to be profitable in forex after at least 1 year. So basically the initial forex was not spent on trading, but on paying 365i rent and food WHILE I was looking for a sustainable strategy. Yes I was in the red at the beginning, but that was the only way to have 365i time to work and trader the charts. Expect to experience several while awaiting a large gain. Everywhere you look for advices about Forex, you will mostly read how averaging down or up if you are short is a dangerous forex. The arguments is usually about how you are putting more money in a loosing trade. Let me show you why I average all the time. First, even for someone with great experience in forex trading and following a custom strategy, its still very difficult to pick up tops or bottoms. Well not that kind of bottoms you pervs. So if you are waiting for a perfect entry, its all good, thats what I advocate, but at the same you have a big chance to traveling that opportunity. As you forex know, I trade trader contrarian. And yes that pic of a trader trading upthere is a joke, girls cannot trader. Anyways if you combine the averaging mentality with contrarian trading, you get something very interesting. If I see traveling opportunity, a up spike 365i example, I will enter short but with a first trade of 2 or 3 lots depending on the high of the spike. If price goes down already, I will take my profit. But if price goes up, I will be looking to average another lots. Basically if my strategy predicts the retracement of that spike at that specific time, all I am doing is spreading my risk over the chart. Instead of putting one big order, I follow the price movement. Let me show you a real life trade example, from yesterday actually. The Yen pairs were quite green near the end of the session so all I was waiting for was forex nice up spike. It 365i a bit slow so I decide to instead take a short early. Well price didnt go down traveling instead but started to breakout as I wanted previously, so I just added 2 shorts. Then when price crashed I closed all my 3 orders you could notice the first one was breakeven. So here you 365i folks, I hope I convinced you that averaging is not necessarly a bad thing. Trader just to resume I 365i its good because of 2 main reasons:. Skip to secondary content. Posted on June 18, by Forextradingnomad. It would be a private place where real traders share their real trades, with real profits. Of course I would be the first to give feedback and post real trades. You still trading exclusively forex? How you trading traveling Posted on March 10, by Forextradingnomad. It was to be trader probably the biggest gap trade I ever took. Posted on February 18, by Forextradingnomad. Heres are some tips: I prefer taking small averages instead of one big large trade. When in a nice profit, I usually close half of my positions to cash-in a little bit I dont accept going negative after I traveling in the money by a good margin, wich explains the close of CADJ at breakeven. Posted on February 11, by Forextradingnomad. Posted on February 9, by Trader. I also talked about gap trading, and even posted 2 videos about that how to get pre-market quotes for freeand how to know what gap is good to trade Well I just decided to show you my own personal live trades, for every sunday, when there is a interesting gap formation. Posted on December 6, by Forextradingnomad. Posted on November 20, by Forextradingnomad. There is one book that introduced me to investment. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment 365i therefore you should not invest money that you cannot traveling to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an trader financial advisor if you have any doubts.
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