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About wanabetrader

Basic Information

About wanabetrader
Occupation:
Student, Forex
Where I live:
Florida
Hobbies:
Forex, Golf, Studying
TRADER's Journal
Why Do I Trade Forex?:
Because I love the challenge
Trading Experience:
0-2 Years
Best Trades of the Week:
Last week caught USD/JPY long head and shoulders break for 41 pips
Trade Pick of the Week:
Short EUR/USD once div sets in, short AUD at lower prices on week, long USD/CHF on div.
Worst Trades and Why:
GBP trades I have no clue but GBP is usually more range-bound than EUR
What I look at when I trade FX:
Bollinger Band, Slow Stochastic, MACD, Moving Average, Economic News Releases
What are my favorite currency pairs:
EUR/GBP, EUR/USD, AUD/USD, USD/CAD
Why do I trade my Favorite currency pairs?:
Mostly because I like the way they move, I'll trade the other major currency pairs if they look good but the above currencies are my best performing (most profit), the most liquid, and the best appeal to my eye. I liked EUR/GBP ever since my father and I (he trades forex and commodities too) spotted a weekly coil also it was my first trade I gained more than 10 bucks on
What Type of Trader am I?:
Short Term Trader
What do I risk on a trade:
Never more than 2% it keeps me out of trouble and keeps my account afloat sometimes if I'm trading countertrend it is even as low as .5%
What are your Favorite Financial Sites?:
dailyfx, www2.barchart.com
TRADER's Plan

For future trades, please fill out this information

New Indicators I want to Learn:
I don't want to fill my head with too much I just like classic indicators and good ol classic techni
Type of Trader I am prone to be:
Short Term Trader
Future amount (in lots) I will Risk per Trader:
probably 2k

Statistics


Total Posts
Total Posts
160
Posts Per Day
0.17
General Information
Last Activity
04-11-2012 08:04 AM
Join Date
12-05-2010
TRADER's Journal
Why Do I Trade Forex?:
Because I love the challenge
Trading Experience:
0-2 Years
Best Trades of the Week:
Last week caught USD/JPY long head and shoulders break for 41 pips
Trade Pick of the Week:
Short EUR/USD once div sets in, short AUD at lower prices on week, long USD/CHF on div.
Worst Trades and Why:
GBP trades I have no clue but GBP is usually more range-bound than EUR
What I look at when I trade FX:
Bollinger Band, Slow Stochastic, MACD, Moving Average, Economic News Releases
What are my favorite currency pairs:
EUR/GBP, EUR/USD, AUD/USD, USD/CAD
Why do I trade my Favorite currency pairs?:
Mostly because I like the way they move, I'll trade the other major currency pairs if they look good but the above currencies are my best performing (most profit), the most liquid, and the best appeal to my eye. I liked EUR/GBP ever since my father and I (he trades forex and commodities too) spotted a weekly coil also it was my first trade I gained more than 10 bucks on
What Type of Trader am I?:
Short Term Trader
What do I risk on a trade:
Never more than 2% it keeps me out of trouble and keeps my account afloat sometimes if I'm trading countertrend it is even as low as .5%
What are your Favorite Financial Sites?:
dailyfx, www2.barchart.com
TRADER's Plan
New Indicators I want to Learn:
I don't want to fill my head with too much I just like classic indicators and good ol classic techni
Type of Trader I am prone to be:
Short Term Trader
Future amount (in lots) I will Risk per Trader:
probably 2k
Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade 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 and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.