I was being facetious...
Hi M,Originally Posted by ;
I haven't read Begin FOREX so that I can not remark on it. However I found FOREX made easy to be EXTREMELY useful. Watch, I had a desk with a brief leg which was shaky. The publiion fit under the brief leg perfectly!
A good book is Trading Forex: Understanding the Currency Markets by Kathy LIen.
But you'll need more. I suggest you read these following:
Market Wizards - Jach Schwager
Trading in the Zone - Mark Douglas
Trade Your Way to Financial Freedom - Van Tharp
High Probability Trading - Marcel Link
Reminiscenses of a Stock Operator - Edwin LeFevre
You can play forex if you prefer just to get your feet wet. All you will need is a demo account (I urge http://www.fxsol.com/) plus a charting package (I urge MetaTrader4 from http://www.metaquotes.com/)
Let me know if I will assist you at all.
Dial
Oh! Yes! Read the Beginners Forum!
PDF attached of working planOriginally Posted by ;
This is precisely what I am working on right now. The only request I would make is that nobody laughs at me in people and when anyone sees any inherent value inside let me have any constructive criticism.
I have only shown a current brief commerce, but obviously the rules could use ( in reverse) for longs.
I know there is some kiss among senior men for any sort of MA cross type method but I have tried to concentrate on maintaining the displays clear to observe price action with some assistance from some indiors.
If I could ask that if curiosity in this develops into something useful is it transferred to its own thread so we can operate on it in a more focused way. (bit presumptious I understand ).
Pete
https://forexintuitive.com/attachmen...1350960361.pdf
In my original approach I had thought to utilize the 6 MA on a slope change basis rather than a cross basis, that's why re-entries shouldn't be against the system.Originally Posted by ;
The character is that the other MAs should ideally be pointing with the trend, I know that's ultra conservative but it might save a newbies bank roster if he/she tries it out.
Still some thoughts are welcome. I'll probably revise the PDF over the weekend.
Pete
I haven't got used to this techique yet but I feel it is probably a more powerful long term egy for me on this learning curve. Additionally, it has the potential advantage of keeping me from a few of those bad trades my itchy trigger finger enjoys me to place.
Once a PSAR place has appeared in the correct position relative to your expected trade direction, you place a buy or sell order over or below the pub that is inline with the place.
Image below should explain the concept
Welcome wlippoOriginally Posted by ;
Your new, so none of your questions are dumb, read the novels that Dial cited, then read all the posts from the public area of the forum.
After that, register using the Private Forum. You will see, it's talked about, by a lot of people due to what you get out of it. It's the best way that you learn and get great aid.
Only rememberthis Foreign Exchange isn't in any manner, shape or form a get rich quick deal.
You have to devote a huge period of time, research, reading and practicing before any payout.
If anyone, anywhere on the web tells you otherwise, run like hell. They are just trying to take your cash.
All the best.
Quinn
Hmmm.... To directly answer your question, try to start with the site's calendar:
https://forexintuitive.com/forex-tra...5-journal.html
also has posted a score of the distinct economic reports but I am not certain where it is. . I think it will also be useful. .
Hope this helps.
East