Trying to learn Forex trading

[rebecca]

After trading for many years and doing plenty of courses I now teach my own forex method that does not use indicators.eg Today I bought the yen at 130.61 and sold back at130.37 for a clear profit of 20 pips,when I last looked the market had only made 41 pips so far for the day and I had half of them.Go and find any indicator to make you that profit on the yen today up till now. Reeve

[Thierry]

ok..... what is your average win per deal and your average loss per deal?
what is your percentage of winning trades and what is your risk reward ratio?

regards thierry

[rebecca]

Average win is nearly always more than 15 pips per day,risk to reward ratio is just under 1:1.

% correct = +/- 80

[kim]

This is a beatiful thread for my level.

I just came to this forum, and this kind of thread is what I am looking for.

Could someone provide some leads to any litrature about technical analysis for the fx markets? I need to teach myself a number of things before I can expect to benefit much from anybody's course. I have been looking at the commodity future's markets technicals but I have no clue of a relation to fx markets.

Kim

[forex2002]

Hello Every One,

I just joined Moneytec and am impressed by the quaility of contents here. I am a total novice and am just learning "abc" of trading.

I read the site forex-dts.com as suggested by some one in the forum, does it really give u a forcasting training. how acurate is it and how successful is it for others? Please if some one can help me with some system more successful for beginners.. I would be pleased. Thank you.

[kaleidealexis]

This is in response to the message from Rebecca of South America who says she teaches her own forex course and has developed a successful trading strategy. Rebecca could you email me with info on whether or not you are still teaching forex and if so how much and any other details you could supply about it? Thank you.

kaleidealexis

[victoria2]

I am "in training" with ABE of learn4x. He is a total pro, honest, and fantastic trader. He is, I can assure you, a great mentor. He willl get you to where you want to be. As a teacher, he cannot be beat. He was the first to train forex online. His virtual classrooms are good... you really learn.

I would not hestite to say UP WITH ABEand learn4X!

Victoria

[goldseeker1]

I too have tried Forex-DTS. I am still in the learning stages.
I have used a demo now for about 2 months, and actually have started making money instead of always loosing! It is just a trading system you learn, but after I took the course I picked up a book at barnes & nobles book store on Intra-day trading and technical analysis.

I think that I understand it alot better than someone who does not know a trading system, or has not traded on a demo, it's
ass-backwards, I know, but it worked o.k. for me.