I am trying to move from stocks to forex need to get feedback from forex traders. This is my trade plan. I would love to get feedback
Causes: Blocks economic activity
Effect: loses value over a dollar especially in exotic markets with high corruption scores
Result: inflation devaluation of the money
My positions are. 52 dollars stop loss / 120 take profit https://imgur.com/a/isgADpR I would reopen the position as much as I can if the price action shows up every hour. What is the worst that can happen? What am I not thinking about the uses of a forex trader?
For me it's another income source that plays into the machine. Income streams ➡ investments ➡ salary Income streams = business x2, Forex. Investments = Reits, blue chip, gold, etc.. Salary = at the moment i take salary from the business and let the investment dividends go right back into the machine. Where is forex in relation to the other areas of your life?
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http://twitter.com/forex_in_world/status/1308756477021044736Chart Art: Brief and Prolonged-Term Retracement Plays on USD/JPY and AUD/NZD https://t.co/KQoUt2rRaV— FOREX IN WORLD (@forex_in_world) September 23, 2020
Hi guys. I'm basically new to trading forex despite studying for 10 months, I feel like I'm a no good trader. Just a small background, I tried to trade on real account after 4 months with a trading plan I copied from a forex guru and I lost 25% of my $100 in 3 months (very small account just to test my psychology). I decided to study again with the help of babypips and started demo trading 2 months ago by constructing my own trading plan which is based on trend/range trading. My problem is, I feel like I'm super playing it safe in trading. I've only had 4-6 trades in a month and an average win rate of 83% having 100-150 pips gain. I am currently looking at H1 and H4 timeframes. Do you think having 4-6 trades a month is a very small frequency given that i look at H1/H4 charts? How often do you guys trade for those who look at H1/H4 charts? Is there any advice you can tell me which will improve my trading frequency? Thanks for taking the time to read and response on this post.
http://twitter.com/forex_in_world/status/1298563191560077313Chart Art work: Fashion and Vary Swing Plays on GBP/JPY and AUD/CAD https://t.co/VlQ5htxEnv#forexsignals #forextrading #donaldtrump— FOREX IN WORLD (@forex_in_world) August 26, 2020
http://twitter.com/forex_in_world/status/1298553734331498497Chart Art work: Fashion and Vary Swing Plays on GBP/JPY and AUD/CAD https://t.co/k9N1GetQxI— FOREX IN WORLD (@forex_in_world) August 26, 2020
http://twitter.com/forex_in_world/status/1277019852901941249EURUSD: Bears taking a breather above key helps and anticipated to stay in play while retaining beneath 20DMA https://t.co/RNzLBG3HWd— FOREX IN WORLD (@forex_in_world) June 27, 2020
http://twitter.com/forex_in_world/status/1276430707653476354EURUSD outlook: Bears are taking a breather above key supports and expected to live in play whereas holding under 20DMA https://t.co/klW9TVOLWy— FOREX IN WORLD (@forex_in_world) June 26, 2020
http://twitter.com/forex_in_world/status/1274740436318523393Week Ahead: Markets play tug-of-war with Covid-19 concerns and reopening momentum https://t.co/jqwkj1KHdV— FOREX IN WORLD (@forex_in_world) June 21, 2020
http://twitter.com/forex_in_world/status/1269892003309015045EUR/USD Forecast: Ready to resume the rally? Lagarde guards the keys, super-strong NFP still in play https://t.co/VuSocVeXjN— FOREX IN WORLD (@forex_in_world) June 8, 2020
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