Hello from Belfast

amtradingfx

amtradingfx

Member
HI Folks, some how I stumbled on to this forum and I am glad I did. Looks really neat.
I have been trading FX seriously for the past 2 years, and for the last 6 months with a funding program and trade for some private clients.
My goal will be one day to go completely full time but for now its paying some bills.

My style is all manual trading... fundamental/macro guy with some technical entries.

If anyone has questions never hesitate to ask , as I will do the same and hopefully we can learn of each other.

Nice to meet you all
 
Melafx said:
You are welcome to the forum. Do you have ideas on daily bias
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Hey i mostly swing trade.. so i wouldn't have a day to day bias on things.. what normally happens i will create a bias by looking at fundamentals and macro and then go with that direction... so for example right now I am shifting to buy USD dips.. why ... fed members talking about tapering QE and also yields pushing higher. So now i have that view set i will stick to it for my core positions ... so you wouldn't really see me sell AUDUSD and then if it drops 60 points then to buy it for 20 points or anything...
 
Thanks for this. Am new to trading. I just started live trading still studying price action from ICT Micheal. What word do you have for a new trader
 
Melafx said:
Thanks for this. Am new to trading. I just started live trading still studying price action from ICT Micheal. What word do you have for a new trader
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Hey sorry for only replying now ...

So my advice to any new trader is focus on
1. risk management strategy. A lot of people focus on entries exits be that important but useless if you do not have a robust risk management strategy in place..
2. Look at everything.. pay attention to what's going on i.e US futures/ commodities/ have an understanding what the market is concentrating on
3. I prefer high time frame trading ... i trade of dailys and h4 the lowest i will go is h1 but rarely
4. Focus on not just price action which is your technical side but look at fundamental/ macro and sentiment start to bring that in your trading and trust me when you do that you won't over trade. An example say you were long the euro last week and there was the ECB yield story (which was bearish euro) would you stay in the trade? There are many people argue over fundamentals or technical bla bla IMO you need everything,

This is really scratching the surface but hopefully some pointers to look

if I had one thing that would be the most important that will be risk management.

I will send you a pm and we can stay in touch
 
Nice is the funding program a prop firm or the private funds you are trading sorry? If a prop firm be interested to hear which one and your experience of them.
 
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