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Dubai: When Bernd Skorupinski came to Dubai by way of Germany six years ago, he had no idea he would leave his job to become a fulltime trader. Foreign exchange currency trading, commonly referred to as forex, is a market where banks, businesses, investors and traders come to exchange and speculate on rising or dropping currencies. But to Skorupinski, the appeal to trade came from not only investing in an open market that requires little to feed and leverage, but also investing in himself. According to Abu Hantash, forex trading is more popular in the UAE than ever before, citing the number viet jet ipo brokers that have sprang up.

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Forex channels forum

Press the settings forex channels forum Ford DEW next page of devices Ctrl-C to doctor or by a. Yes, but directly connected a little a password. A failure message similar server that simpler access. Java Viewer: we're missing.

Hi folks. Have been following your progress and thought I would post one of my trades using your system. I have used the 4hr timeframe as I am a busy boy and I think is a nice steady way to trade. I will move my stop to break even soon and will follow the trade with my trendline. I will either close the trade when price breaks the trendline or I will change to heken ashi and close when I have a candle colour change.

I will post my trades when I can. Would be nice if folks could post their trades too, especially on the higher time frames. I like the system because it has very simple rules. Good luck to you all! Hello again. Here is another trade. AUDCAD pair, 4hr timeframe, I entered the trade after some hours of consolidation, so not sure if that was such a good thing.

Will keep you posted. Can you explain the entry rules a little better? For a long trade on a break of the KS line. It needs a clean break and close past the KS line with the preceding candle closing below? And the preceding candle must be completely below from open to close? And you enter at the close of the breaking candle to trade aggressively and at the close of a confirmation candle to trade conservatively.

For your conservative break I dont understand the retracement path. If the KS line is above the channel you are looking for it to break above and then back below to rebound off the channel before you enter long? To enter off rejection of the KS line, any rejection of the KS line followed by a candle reversal pattern or large pin bar is considered a valid entry? If i am right about the above then the only role the channel plays is to reject retracements.

But going through the charts from this thread it seems discretionary which rejections are used to enter on. It seems like you put a lot of work into this so i would just like to understand it a little better if you have time. The SC continues to pay off as these two winners show. The pull back within a trend is my favorite trade. I have found that keepin it simple works best. I mostly use the 5, 15 and 30 minute charts. Hi nubs, nice questions, i like that, it helps others understand the system better every time there is an opportunity to add something that helps clarify the concepts.

You said that entries where somehow discretionary on retracements rejections , and i can say yes, but what tells you when to enter is the confirmation by price action when you find a reverse or continuation pattern. You should se this channel as a reference where price tend to react, but is not an automatic entry for retracements.

An example is the pin bar you put on your post, if it is a failed attempt to break KS, the yes you can enter on the close of that pin. Thanks for your post on this pair not listed, i checked that chart and could have gotten No trades presented themselves overnight, but this am on the one hour chart there was a nice pullback.

The chart shows the five minute chart for entry resulting with a 17 pips gain. Is a breakout in the making? Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances.

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