How to start on forex?

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Mark Mark
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How to start on forex?

Postby Mark Mark » Sat Feb 27, 2021 10:11 pm

Hello friends. In this topic I will post my charts and attempts to make money.
And i have a question to people who sitting on this forum: what you have done to newer lose again and making profit?
What methods you are using for earning money?
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Re: How to start on forex?

Postby Mark Mark » Sat Feb 27, 2021 10:28 pm

Methods, which i learning is Buy and Wick zone for Month, week and day. Also I am learning Walmal method with hour wick zone.
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Re: How to start on forex?

Postby cheunt3 » Sun Feb 28, 2021 6:50 am

I've never played wick zone but I think TRO said that price hates to stay in the wicks 70% of the time, so you can enter away from the body at the H or L of the wick which you put in your image, OR at the open back into the body.

I could be wrong, you have to ask him.
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Re: How to start on forex?

Postby LeMercenaire » Sun Feb 28, 2021 9:13 am

cheunt3 wrote:I've never played wick zone but I think TRO said that price hates to stay in the wicks 70% of the time, so you can enter away from the body at the H or L of the wick which you put in your image, OR at the open back into the body.

I could be wrong, you have to ask him.


You got it right.

I prefer to play the move back into the body - look how many times price will retrace back to between 23.6 and 50% on a fib map.

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Re: How to start on forex?

Postby Mark Mark » Sun Feb 28, 2021 5:45 pm

LeMercenaire wrote:
cheunt3 wrote:I've never played wick zone but I think TRO said that price hates to stay in the wicks 70% of the time, so you can enter away from the body at the H or L of the wick which you put in your image, OR at the open back into the body.

I could be wrong, you have to ask him.


You got it right.

I prefer to play the move back into the body - look how many times price will retrace back to between 23.6 and 50% on a fib map.

Lem, did you use tro's methods? What can you recommend?
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Re: How to start on forex?

Postby LeMercenaire » Wed Mar 03, 2021 12:30 pm

Mark Mark wrote:
LeMercenaire wrote:
cheunt3 wrote:I've never played wick zone but I think TRO said that price hates to stay in the wicks 70% of the time, so you can enter away from the body at the H or L of the wick which you put in your image, OR at the open back into the body.

I could be wrong, you have to ask him.


You got it right.

I prefer to play the move back into the body - look how many times price will retrace back to between 23.6 and 50% on a fib map.

Lem, did you use tro's methods? What can you recommend?


At some time or another, I have used pretty much all of them!

Now, I will always pay attention to the upper tf Wick Zones. Daily + H4. Always useful.

I don't run any one method now but depending on mood and market conditions, I will play HOLO, 1-2-3 (TooSlow's variant, not the pattern), WalMal, SweetSpots in various guises...well, you get the picture.

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Re: How to start on forex?

Postby Mark Mark » Fri Mar 05, 2021 3:10 pm

LeMercenaire wrote:
Mark Mark wrote:
LeMercenaire wrote:
You got it right.

I prefer to play the move back into the body - look how many times price will retrace back to between 23.6 and 50% on a fib map.

Lem, did you use tro's methods? What can you recommend?


At some time or another, I have used pretty much all of them!

Now, I will always pay attention to the upper tf Wick Zones. Daily + H4. Always useful.

I don't run any one method now but depending on mood and market conditions, I will play HOLO, 1-2-3 (TooSlow's variant, not the pattern), WalMal, SweetSpots in various guises...well, you get the picture.

Lem, how to correctly manage money and risks can you tell me about that?
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Re: How to start on forex?

Postby LeMercenaire » Sat Mar 06, 2021 3:58 pm

Mark Mark wrote:
LeMercenaire wrote:
Mark Mark wrote:Lem, did you use tro's methods? What can you recommend?


At some time or another, I have used pretty much all of them!

Now, I will always pay attention to the upper tf Wick Zones. Daily + H4. Always useful.

I don't run any one method now but depending on mood and market conditions, I will play HOLO, 1-2-3 (TooSlow's variant, not the pattern), WalMal, SweetSpots in various guises...well, you get the picture.

Lem, how to correctly manage money and risks can you tell me about that?


I trade using Spread Betting brokers, so my management simply involves risking a percentage of my account in cash amounts.

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Re: How to start on forex?

Postby Mark Mark » Sat Mar 06, 2021 4:16 pm

LeMercenaire wrote:
Mark Mark wrote:
LeMercenaire wrote:
At some time or another, I have used pretty much all of them!

Now, I will always pay attention to the upper tf Wick Zones. Daily + H4. Always useful.

I don't run any one method now but depending on mood and market conditions, I will play HOLO, 1-2-3 (TooSlow's variant, not the pattern), WalMal, SweetSpots in various guises...well, you get the picture.

Lem, how to correctly manage money and risks can you tell me about that?


I trade using Spread Betting brokers, so my management simply involves risking a percentage of my account in cash amounts.

What is Spread Betting brokers?
I am living on this forum :smt024
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Mark Mark
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Re: How to start on forex?

Postby Mark Mark » Sat Mar 06, 2021 4:18 pm

How much I love consolidation in the forex market. It's just my favorite situation.
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