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KP FX Trader KP FX Trader is offline

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Last Activity: Yesterday 12:53 AM

TRADER's Journal

Why Do I Trade Forex?
I trade fx for the margin offered and wanted to learn technical analysis and FXCM had some great courses for beginners to technical analysis. I desire to Trade for my Living, Forex seems the best place to start,
as I achieve success, I may branch off into trading other financial instruments, if
I get bored. I heard successful traders get bored, so I hope to be bored some day:)
As time goes by and I get more comfortable with FX, I see less and less a reason to trade other instruments. My goa
Trading Experience
0-2 Years
What I look at when I trade FX
Bollinger Band, RSI, Slow Stochastic, MACD, Moving Average, ADX, Economic News Releases, Fundamental Analysis (News)
What are my favorite currency pairs
GBP/USD
Why do I trade my Favorite currency pairs?
I feel I can get a real sense of the pairs movement when I watch the one pair. Watching more than one is overkill and trading more than one pair would violate my money management and capital preservation.
What Type of Trader am I?
Short Term Trader, Swing Trader
What are your Favorite Financial Sites?
informedtrades.com, dailyfx.com, yahoo.com, bloomberg.com
investopedia.com

TRADER's Plan

New Indicators I want to Learn
Elliott Wave
Future books / websites to further my FX education
reading Lefevre, Reminiscences of a Stock Operator now

Visitor Messages

Showing Visitor Messages 1 to 3 of 3
  1. JohnG_FX
    11-11-2009 09:12 AM - permalink
    JohnG_FX
    KP

    Can you empty your private message folder - it's full and cannot accept new messages.

    Thanks

    John
  2. Sean Hyman
    09-24-2009 04:47 PM - permalink
    Sean Hyman
    Let me know if you get this. Love your blog. That's awesome.
    Yeah, Mark's 1st post didn't start off good. hehe!
    I'd not do Metatrader personally. I'd stick with the FX Trading Station and see what you think of netdania.com 's Finance Charts (under their products tab). They are free and can chart quite a few things in real time.
    A breakout trade will typically have a huge ATR at the moment. Sometimes the pair will retrace to the neck line from below. If so, you can add another lot there if you see fit.
    So glad to see another Christian on here.
  3. Sean Hyman
    09-23-2009 05:06 PM - permalink
    Sean Hyman
    Yes, Metatrader is free to all live clients that have at least $2,000 in a mini acct (not mirco account).

    Yes, Christ has changed mine and my family's life. I don't push it on the forums obviously because I'm not paid to do that. But I don't hide it either.

    I think blogs have to be pre-approved. I'll have to check on that one for you.

    EUR/USD and Elliott Waves are the two most popular by far.

    An instructor has to have come up through the ranks of FXCM from the ground up..and has to show superior market knowledge and the ability to teach concepts in a simple manner. Also, most of the instructors have 10+ years in trading the markets.

About Me

  • About KP FX Trader
    Occupation
    Telecom Consultant and FX Trader
    Where I live
    US
    Hobbies
    My family, my friends, people, reading, learning, The Bible, religion, the US Constitution, philosophy, politics, biking, skiing, photography, nutrition, hockey, guitar
    Favorite Vacation Spots
    mountains with snow
  • TRADER's Journal
    Why Do I Trade Forex?
    I trade fx for the margin offered and wanted to learn technical analysis and FXCM had some great courses for beginners to technical analysis. I desire to Trade for my Living, Forex seems the best place to start,
    as I achieve success, I may branch off into trading other financial instruments, if
    I get bored. I heard successful traders get bored, so I hope to be bored some day:)
    As time goes by and I get more comfortable with FX, I see less and less a reason to trade other instruments. My goa
    Trading Experience
    0-2 Years
    What I look at when I trade FX
    Bollinger Band, RSI, Slow Stochastic, MACD, Moving Average, ADX, Economic News Releases, Fundamental Analysis (News)
    What are my favorite currency pairs
    GBP/USD
    Why do I trade my Favorite currency pairs?
    I feel I can get a real sense of the pairs movement when I watch the one pair. Watching more than one is overkill and trading more than one pair would violate my money management and capital preservation.
    What Type of Trader am I?
    Short Term Trader, Swing Trader
    What are your Favorite Financial Sites?
    informedtrades.com, dailyfx.com, yahoo.com, bloomberg.com
    investopedia.com
  • TRADER's Plan
    For future trades, please fill out this information
    New Indicators I want to Learn
    Elliott Wave
    Future books / websites to further my FX education
    reading Lefevre, Reminiscences of a Stock Operator now
  • Signature
    KP FX Trader
    "Trade Well Not Often"

Statistics

Total Posts
Visitor Messages
General Information
  • Last Activity: Yesterday 12:53 AM
  • Join Date: 11-06-2008
  • Referrals: 0

Friends

Showing Friends 1 to 6 of 6


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.

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