I am an IT consultant and have some day trading experience on fast timeframes (1,2,5,15 min charts) in the futures markets. I am looking to supplement my IT income with trading income and hopefully increase the income to a level whereby I can leave the day job and achieve my dream of trading for a living freeing me to live where I want, work when I want.
I am currently interested in price-action trading on higher timeframes (4H, D charts). Having said that, some indicators do have their place in supporting price-action decisions. I use price-action mainly with indicators to confirm (or deny) a trading decision.
If you have any tips or would like to share your trading techniques, please leave a comment or contact me on the contact page above.
Hi Moo Trader,
I was scanning the net for some specific info regarding the aud/jpy when a fell across your blog – interesting read.
I have been trading for over ten years though not professionally. However, the opportunity is presenting itself for me to go full time – hence doing a little more homework.
In-any case, my tip for you is to firstly back trade your system to check out the stats to the system – i.e win loss ratio, largest draw down and so on. Also you need a trading plan.
The biggest part to trading is 1. money management 2. psychology – know yourself. 3. Never stop learning.
Keep in touch.
Cheers’
Bruce W
Hi!
I’ve been learning by trading forex almost 8 years, still not sure if it is for me as an only income. But that is very interesting to solve puzzles offered by market. Got onto your site serching answers about trading psychology. Interesting site, your step by step developmen explained. If you have time it would be my pleasure to be in chat with you))
My skype: jansozols
Hi,
I like your blog. Wish you luck in trading. Feel free to visit my blog and comment on my trading style / ideas.
I understand you. Try to keep on going, as easy as you can. Take some rest from the market and then slowly try again.
best regards