Trading Forex. What the Brokers Don't Want You To Figure Out.



Mql4 Progamming Tutorials http://learnmql4.com //---- Trade Management Tool.. Free download https://www.mql5.com/en/market/product/11862 //---- Hone your trading skills. https://www.mql5.com/en/market/product/18682 //---- My simple kindle book at: http://www.amazon.com/How-Hard-Mql4-Programming-Programmnig-ebook/dp/B00QZEI5RA/ref=cm_cr_pr_product_top //---- Become a Patreon patron http://patreon.com/jimdandy1958 //---- In this video I tackle a much debated topic. Trading both directions at the same time. Is it a sure fire way to protect yourself? What you will learn in this video may shed a whole new light on what's really going on and make you take a second look at your trading strategy. This is not a "feel good" video about forex trading full of rainbows and cotton candy.. this will be a dose of reality to some of you. Many of you already have learned this lesson the hard way.. Remember to ..... Like, Share and Subscribe PipPip...

Comments

  1. Great video Jim! Yes, the market forces you to pick a direction (self-hedging doesn't change that). I've seen many of these 'schemes', usually mechanical in nature that 'never lose' ... but never work either ;)
  2. Thanks Jim. I 've just finished watching all of your youtube videos.
  3. 2 fingers down for: unarenged pockets and a hat.
  4. Thanks Jim. Once again a briiliant explination, the more i watch your stuff the more i realise how much I dont know. Cheers
  5. Good informative video Jim, and your scenario is for 'fixed spread' (an ideal situation), so when server algo's are creating the spread the scenario gets even worse.Your scenario is only one of many 'gotcha's' in the FX market. Deceiving good entry points, noise waves that are not actual market pricing, slippage, it's full of deception.
  6. Jim
    Starting from 16:00 mins when you talked about placing pending orders instead, if the market was to go against my trade what would be the stoploss? I don't think I follow that part.
  7. I loved this lesson! And as always, I learned far more than I imagined I would! Thank You!
  8. Hi Jim
    Thanks for Your very good videos. For last(this) video my suggestion is, show traders on the same chart renko chart with spread resolution. That will show Your brokers chart in money meaning :)) Tx pip pip :))))
  9. Jim, you got another like fro me.

    Great vid as usual!
  10. Great vid
  11. You're a champion Jim.


Additional Information:

Visibility: 1818

Duration: 18m 51s

Rating: 67