As I wrote, please click here to read the state of the market at the beginning of the work is important.

I want to dwell on one point early day at work when we do not enter the market, but are present in it.

The analysis start with the daily chart candle major working pairs. At any time-frames often take the form of candles of various doges, than have great bodies.

It is important to observe the direction of daily candles (falling or rising) the size of the wicks on both sides.

In previous time-frames can easily determine the behavior of the currency - exactly when, during the sessions which are formed wicks.

In his working time frame I put a green arrow in the direction of the intended movement of the currency and try to open in this direction.

Very often, the wick is formed in the European session, and the body of the candle creates a session with the American Central Asian adjusted.

In practice, this kind of control is no more than 5 minutes.
Read the article again to start the trading day

My first acquaintance with this site started with the question of how to preserve the profits of the transaction and to give those profits to grow? Having some kind of representation and developments on this topic, I get more information.

Expounding his views, for intraday trading, based on ongoing work on a real account.

With a signal or a combination of input signals, we open the transaction. I prefer to put take profit large enough - about 250 points on my six-digit terminal and am in the market for each transaction from 10 minutes to two hours. The value is set take profit from the real volume of currency movements prior to the "rest" or "discharge", that is the period when the working time-frame there is the appearance of a candle opposite direction, which may indicate the beginning of Fleta, forming the shape of a trend reversal or continuation. Most often, the translational motion is accompanied by three candles in a row in one direction, and another thing - the volume of currency movements over this period.

If you are working against the trend on pullbacks always be placed a minimum trailing stop as it is difficult to predict the nature and volume of traffic. Typically, such transactions are closed with a small profit and is not re-open.

When trading with the trend trade is opened without a trailing stop, it is only enabled when the signal of a possible change in direction. Most of all - this is the entrance to the stochastic zone 20 or 80 currency pairs and the behavior of allies. Well, if Stochastic crosses the oversold or overbought in the opposite direction - there really close the deal script.
Read the article Closing Transactions

Theoretically, to get started we need to have an elaborate strategy and tactics of trade, be fluent in the terminal and the set of our indicators, oscillators, counselors. In addition, we must be psychologically prepared to work with real money (as a rule, your money).

Let's start with the latter. I am convinced that the psychological readiness to be developed in two cumulative ways: understanding aspects of the trade (given by competent study of this issue) and the knowledge of his personal peculiarities of mind and character (here, apparently, can not do without the first pancake is always lumpy, and, perhaps, as in my case, and several of these pancakes.) No one except you will not say how you will react to the profit or loss as you're better off working to restore calm and the mood as you and reckless as you can control your emotions, how and after what time will learn to govern themselves. I know traders who like to solve problems need help not only teachers, but also a hypnotist. By the way, hypnosis as a means to suppress your negative emotions are very effective, but so far malopraktikuem. Probability of initial losses reals explained by the fact that the DC response to your actions is difficult to predict, but that it will - guaranteed.
Read the article When to start work in the real world?

Again importantly, recognize the effectiveness of strategies to breakdown, but I was taught not to trust the auto trade - not always an adequate supply of currency has a stroke, it is often only enough strength to cross a certain level and then be spread, as a true breakdown occurs later. Especially since I almost always open on the next candle after the breakdown, in the case immediately after the opening of the breakdown, fear of a deal minimum trailing stop. First, assess the situation and then make a decision about entering the market, the signal formation of a favorable moment for a possible entrance - this is the time of evaluation, and time for this small and easy to miss it.

In addition, very often we are faced with a lateral trend of the currency (or a triangle formed by the flag or pennant - not important - it is important that the currency is "resting" before abruptly to one side), usually after a while, the momentum will continue, but what point, we do not know why charge the fixation of the beginning of this movement automation.

There are also cases where it is necessary to control the sample (more precisely, the intersection) currency support or resistance lines on what - or a time frame - and then automate the nuzho control.

The desire to relieve the trader to monitor and instruct the automation of a breakdown of the range, and prompted me to ask about writing a warning indicator.
Read the full article Signal Indicator

Among the numerous recommendations for improvements frequent trader trader trading journal.

Record all open transactions in the log is necessary for further analysis and study. As I have repeatedly pointed out to the log all transactions made on the open real account and recommended in a separate journal to reflect and deal demo account.

Logging is very disciplined, and ultimately leads to a reduction of erroneous trades offered. Often, after work and it is hard to remember why losing trade was opened.

Not finding anything suitable on the Internet, I had to come up with a magazine and to improve yourself.

The journal is a notebook A4, each a detailed list of which is devoted to one trading day. The top and left side of the log I made a bookmark. From left top to bottom indicate the time of opening, and on top - a couple, the state of all its major signals at the time of discovery and, further, that - a way of closing the transaction (by hand, trans-stop, or take-profit), the closing time and the last is the largest of the graph - notes on transactions.

That is, it came out like this:

The main signals again: conventional (clear to me and in compliance with the my trading system) the designation of a combination of candles, the indicator Trend Power (from 5 minutes to days), a schematic view of stochastic relative levels of 20 and 80 and the lines between themselves and the adx, the position of candles with respect to the indicator Support and Resistant to the previous working, working, and then the time-frame. Lines of Dee Dee and the minus and plus I draw the line itself adx various conventional colors - everything else is black. The notes to note the progress of the transaction and closing time.
Read full article Journal of Trading Trader

Due to various circumstances in the work of a trader there are times when it is not present on the market in general: illness, family celebrations, recovery from failed transactions, etc.

Returning to the market after a break has its own characteristics. As always, should not rush to enter the market, it is better soprisutstvovat on it, to work on a demo account and make sure that the forecasts and calculations are correct and that the recovered psychological balance and tranquility.

As I said earlier, the market is anywhere from us will not go away, but errors caused by too much haste in making decisions or incomplete analysis of the situation, he will not forgive.

I trained myself to realize that the absence in the market - not the loss, but it is a natural passage of trading days and times, especially since the holiday is often necessary day-trader, and during the working week, for example, after intense trading days, or before the approach of a major trade period (say, Friday afternoon trade). Often we think we are quite adequate and efficient, but the analysis of transactions, even breakeven, shows that it is not.

Commit first deal with a real account with maximum precautions. Do not expect much profit from it and do not chase after him, there is important beuzbytochnaya trade, on the third or fourth deal to restore confidence and calm, the ability to fully analizirovant situation (personally tested it myself many times that when you log into the market after a break all psychological, tactical, strategic skills on the first transaction only seem to be fully recovered).

Below are the results of trade with the news adviser CatcherCandles_PW_V1.0 for August

Read the article summary table of the results of the Advisor news in August

Working through the Internet, we are wittingly or unwittingly become his supporters. Internet has become the Moloch - bring him to sacrifice and honor. We look forward to it and think that will solve all our problems.

But.

It is necessary to separate the wheat from the chaff. In any search engine will find dozens of links to interesting questions on forex.

It is important to answer these questions correctly filtered. How are we to do with the input or output signals to the market.

Frankly - 90% of our neta information to you subject is purely public relations nature. Articles are written to order for the broker. The vast majority of target material on forex - forex bring you better through cooperation with a specific dillingovym center.

Not once, mind returning to this subject, I remember studying the forex. On the forex, I did not come through the Internet - all of these various banners only caused a negative reaction. Therefore, advertising links and do not open.

Having started training, just got a lot of specific information and tasks, - God forbid, as they say, make it. Natalie, my teacher, so built a course that of the last session before the WWW was not a word. The only phrase in the first meeting briefly - about the period of training is not sure. As she was right!

Then, the self-learning (and in fact, quite frankly, after the course, in practice, nothing substantial has received), and giving advice felt the problem sverhinformativnosti neta.
Read the full article Treyderstvo and Internet