here is an example of a trade I would have taken but my stupid gf was being such a cunt so I got tired of rumbling and just went to sleep. would have gotten out with less profit most likely since I'm newb but this is an ideal trade. 4 hours would have given you 61 pips. With just one standard lot which is a tiny bit over 3k Canadian invested profit would have been $752.13.
I am VERY VERY far from any type of expert in this. I'm actually really new at it and have demo traded only up until about 1.5 months ago. When the real estate market started to go to hell I knew I needed something else to make me money so I started reading and learning about forex. It is quite possible to make money on here but from what I hear 95% of the people that try fail and blow out their accounts. I'm hoping I can be one of the 5% but only time will tell. I am once again taking a break from trading since my account is down over 3 grand from my initial deposit (profits of 1.5 month plus over 3 g's lost in one night!!) So shit can go against you fast. As far as those lines go the blue line once it started approached it again I would have bought and sold at the next level. Not trying to capture the whole move only small parts of it
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If anyone else is new and wants to learn and share ideas/thoughts please feel free to pm me. I am a typical newbie going through the ups and downs so if your hoping to find a holy grail from me...it won't happen...until I find it myself in which case I would be willing to share since the forex market is so big one person can't make a difference. Everyone can make money! no need to lie about entries or exits to get an edge.
