How profeessionals trade forex

How professionals trade

Interesting opinions from all of you, always trying to keep an open mind.
 
june_girl7 said:
So how the Professionals work in Forex, did anyone find the right way to work here?
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Well the way the professionals do it is to try n avoid the situation. As an example, if you find driving you car stressful, just park it up, get the bus and ignore the costs of insurance / tax / mot etc. There you have it, the low cost stress free way to trade and drive :)
 
There are many things that you need to understand that if you wanna become successful, you need have lots and lots of practice and you need to have proper knowledge and experience and skills.
 
SmartGeek said:
There are many things that you need to understand that if you wanna become successful, you need have lots and lots of practice and you need to have proper knowledge and experience and skills.
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In short trading a demo account can be the biggest asset for any successful trader so we should give some time practicing demo before moving to live account, in my opinion.
 
This information are really useful . however I would still recommend to try to do trade on Weekly Chart to find the right Trend of the market and make sure never risk more then %2 of your investment.
 
foroom lluzers said:
• Future interest rate expectations take precedence over the headline rate
• If a country has a high interest rate, but no further increases are expected, the currency can still fall.
• If a country has a low interest rate but is expected to raise interest rates over time, its currency can still rise
While it is easy for Forex traders to understand the logic of why investors move money from lower yielding currencies and assets to higher yielding assets and currencies. They may also believe that the simple mechanism of supply and demand is responsible for currency movement. However, this is only part of the story. The expectation of future interest rate increases or rate cuts is even more important than just the actual rates themselves.

To enter a trade :Look at stochatics 4 hours chart after anylysing fundamentals new .Either buy a monthly call or put option A T M or buy/sell futures with a wide stop of 200 pips.Run your profits until change in interest rates .expectations.The edge is the interest rate drivers.

The day trading systems and price action trading is for amateurs.

Those who have nothing to , read psychology threads and articles.This will help you.


Search on google for
trading currency for interest rates expectations
interest rate and exchange rate relationship

Higher interest rates attract foreign capital and cause the exchange rate to rise. The impact of higher interest rates is mitigated, however, if inflation in the country is much higher than in others, or if additional factors serve to drive the currency down.

https://www.ecb.europa.eu/pub/pdf/scpwps/ecbwp548.pdf?3580ef9984c1f243be0de10811e5e5ef
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Hi,
Yes definitely correct about the Carry Trade. Professional traders look for catalysts which can set a pair off. Fundamentals is key approach to Top down investing. Technicals come in second for entries and exits. Strong economies vs Weak economies Investors striving for the best Yields. 10yr Bonds , T Notes etc etc will give you a good guide wheres the flows are. Copper prices will give you an idea of EM (emerging markets) There's soo much fundamentals and soo little time.
so listento the poster ive quoted and you cant go wrong:)

gchads
 
gchads said:
Hi,
Yes definitely correct about the Carry Trade. Professional traders look for catalysts which can set a pair off. Fundamentals is key approach to Top down investing. Technicals come in second for entries and exits. Strong economies vs Weak economies Investors striving for the best Yields. 10yr Bonds , T Notes etc etc will give you a good guide wheres the flows are. Copper prices will give you an idea of EM (emerging markets) There's soo much fundamentals and soo little time.
so listento the poster ive quoted and you cant go wrong:)

gchads
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The original poster @foroom lluzers cut and paste those words from an article called "Economics 101" which can be found on an old site he trolled, Forex Factory, and many other places.
https://www.forexfactory.com/attachment.php/2236247?attachmentid=2236247&d=1489950688

He didnt quote the source because then we will all know its not his knowledge and he just knows how to cut and paste.

He has failed the basics of 'comprehension', ie to read an article, understand its contents and then pass on that information in his own words. This is either because he is too stupid to understand it himself or he is too lazy to re write it in his own words. Neither of these traits will stand him in good stead when trading real money in real markets.

He cant even spell the word "Professional" which speaks volumes.

He is a fool, ignore him!
 
postman said:
He is a fool
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He's not. He's a bank stooge who's meant to pass this kind of info around. The financial markets are based largely on misinformation. The more confused you are, the more money they make.

He's no fool and just doing a job. He probably makes more money than 99% of the internet "traders".
 
EnlightenedJoe said:
He's not. He's a bank stooge who's meant to pass this kind of info around. The financial markets are based largely on misinformation. The more confused you are, the more money they make.

He's no fool and just doing a job. He probably makes more money than 99% of the internet "traders".
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If your job is to trade and you get paid for it you're a trader. If your job is to act like a fool and you get paid for it you're a fool.

He is a fool!
 

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postman said:
If your job is to trade and you get paid for it you're a trader. If your job is to act like a fool and you get paid for it you're a fool.

He is a fool!
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I guess there are different levels of trading.

On one level, you can just take bets.

On a higher level, you can take bets and send out your minions to influence the other side of of your bets.

The higher level has significantly better chance of success.
 
Do you seriously think that a professional will go to the forum and share his experience in trading?) Of course part of the posts is useful information, but all that is generally available in the public domain is obsolete information
 
Roobin said:
Do you seriously think that a professional will go to the forum and share his experience in trading?) Of course part of the posts is useful information, but all that is generally available in the public domain is obsolete information
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Of course they are on forums under different names like George Sorros , profit locker ,profit taker 10% , 5% , forum bank trader , dunning-kruger , michael winner , lord anton (multimillionaire ),piphoe the pro, james 16 , Vegas

This was the only book that I believed was written by a real trader.The rest of them contain trading illusions.

http://www.ebay.co.uk/itm/Wiley-tra...ry-/302305898354?_trksid=p2385738.m2548.l4275
 
foroom lluzers said:
Read about trading from real traders , read market wizards Bill_Lipschutz

https://en.wikipedia.org/wiki/Bill_Lipschutz
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foroom lluzers said:
Of course they are on forums under different names like George Sorros , profit locker ,profit taker 10% , 5% , forum bank trader , dunning-kruger , michael winner , lord anton (multimillionaire ),piphoe the pro, james 16 , Vegas

This was the only book that I believed was written by a real trader.The rest of them contain trading illusions.

http://www.ebay.co.uk/itm/Wiley-tra...ry-/302305898354?_trksid=p2385738.m2548.l4275
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I made the mistake of taking you off ignore. :rolleyes:

That second book was written by Gary Klopfenstein

Everything you write contradicts something else you have written.

You are a fool.
 

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