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Old 20-10-2006, 03:19   #9
FXGenius
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Re: Anyone trade just one currency?

A good start for better understanding http://www.fxengines.com/reports/
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Old 22-10-2006, 18:52   #10
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Re: Anyone trade just one currency?

i only trade one pair - that keeps me consentrated, and when i'm bored i look into the stock market - QQQQ with the 4:1 leverage seems like a walk on the beach after the pressure of 100:1 leveraged trading :-)
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Old 23-10-2006, 21:30   #11
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Re: Anyone trade just one currency?

Matt - you're on the right track. Trading multiple markets, even multiple currencies is not the way to go. Concentrate on learning just ONE currency at a time and don't quit until you've mastered it. EVERY MARKET has it very own "vibration", it all depends on when the market first done business. I"ve been studying Corn for almost 3 years now and have discovered some very astounding number sequences controlling exactly when the market will reverse. I would reccommend getting out of the currencies and concentrating on something simple like corn or wheat. People say you can't make money in them but are they ever wrong! I'm usually in the market only 2 - 5 market days and usually make $5 - 8,000 per trade by using multiple contracts.

Gann, the only market master, said to learn only ONE market at a time, then proceed to another. Also, your own personal nature will not allow you to trade some markets successfully, you have to discover which markets you are in tune with. Got to run, email me at future@gci.net if you'd like to talk further.............goldpaninut
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Old 24-10-2006, 00:15   #12
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Re: Anyone trade just one currency?

I think when you start it is too overwhelming to trade more than one currency. It takes a bit of time to get used to this market and one currency is enough to make your money with the leverage you have in this market. I stuck with USD/CAD for four months before trading others, but... I now trade more than one. My favorite is still EUR/USD though...
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