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forex trading nomad i'm a sucessful fx trader traveling the world search -- main menu skip to primary content skip to secondary content my trading blog! travel photos forex strategies day trading for a living how to trade forex about me / contact -- post navigation ← older posts big update 2014 posted on june 18, 2014 by forextradingnomad 3 ok so you probably noticed i havent posted since 2013, well i have just made another 1 year world trip, met a lot of new people, tested new projects. all in all, very productive 14 months !! but, i decided to give some feedback here again, and i have a very exciting (for me) project, wich is to have a online community / forum for traders…. who are actually making money on forex. no ea selling. no indicator selling. no bs magic strategy selling. it would be a private place where real traders share their real trades, with real profits. of course i would be the first to give feedback and post real trades. this is coming very soon (next week!), but for now, here are a few photos from the last 14 months: ps: just finally got myself a new camera, so things can get a little experimental… budapest budapest fisherman bastion bar in budapest with view through a swimming pool rovinj in croatia rovinj belgrade belgrade fortress belgrade fortress belgrade fortress budapest living statue budapest bratislava novi sad fortress novi sad castle water market thailand water market thailand vienna posted in travel updates | 3 replies q&a with readers #2 posted on june 18, 2014 by forextradingnomad reply even if for the last year i didnt update much my blog, i still receive tons of emails.. some of them asking for help recommendations, or some just thanking me for cutting the bullshit about forex. i try to answer to all of them, and sometimes the discussion gets really interesting so i will post a few here on the blog, to share the love. ************************* first email hey forex trading nomad…i came across your posts on forexfactory so i thought i\’d visit your blog. it\’s cool, thanks for posting your knowledge and ideas. i even found a copy of the zurich axioms and am taking a look. i\’m kind of like a \’break even\’ trader at the moment but am now starting to see some equity growth. i am just wondering if you always post your gap trades on every sunday ? if there are indeed gaps. i\’ve been studying gap trades but still don\’t quite have the confidence to trade them…but i\’d like to. cheers dude, and thanks again bryan ************************ my answer i just decided this weekend to start posting all my gap trades, so yes starting from now they will be on the blog every sunday. (edit: shit sry for that didnt have time) but not all gaps are created equal, be sure to watch the video on “novice vs pro gaps”. i made a post on the blog with a youtube link, video is not from mine but the guy knows what hes talking about. ************************ second email nice blog you have here i\’m a bit the same love to travel around the world in 2012 i came home from thailand and is now moving to germany a few questions about your trading strategies do you only trade on 5 minute chart what is the ma on your chart do you look at higher time frame for the trens and s/r do you put s/r on a line chart -kenn *********************** my answer hi, i only trade 5 minute chart, because i am a short term trader with high leverage, my trades last usually around 1-2 hours and the mas are 200 and 50, but i dont use them that much, it was from a previous trading strategy i quickly look at higher time frame to be sure there are no gaps or huge candles nearby (i dont want to be stuck in a stophunt spike) s&r are extremely important, i dont have to put my lines as i can just see them on the chart because of experience please remember that s&r levels cannot be defined as a simple line, they are more like a “zone” of the price (between 2 lines) where there are more demand or offer ************************* his answer is it also at 5 min chart you spot s/r zone? when you contrarian trade do you buy when the price touch support? *********************** my answer yes as i said s&r are the most important in my trading, in 5min also of course here is sam seiden talking about “zones” of support & resistance (supply & demand) instead of a simple horizontal line http://www.fxstreet.com/webinars/sessions/session.aspx?id=50e3f4dc-9c40-41df-a732-b166dd3ce99e# so yes i would be willing to buy on support and sell on resistance, but even better than that (with contrarian strategy), i will enter a bigger trade on a spike/breakout of this zone, as i believe the odds of retracement will be even higher ******************* third email hi nomad, are you still out trading travelling? i came across your blog in a google search..i’m preparing to travel and trade leaving in a few months..i have ben trading form some years already and have a similar short trading style to yourself. if your still around out there in the world it be great to meet up and talk shop..i found it hard to find another experienced trader to have a face to face chat with in a social sense apart from seminars with newbies wanting to pick my brains for hot tips and fast money lol im in melbourne australia probably heading to asia first. look forward to hearing from you, elk ***************** my answer hey elk, sorry for the late late reply, but yes i have been traveling for the last year and gmail filtered the message. you still trading exclusively forex? how you trading been? i only do day-trading, and i am 100% contrarian. i wait for for spikes and counter the movement. i also made a big adjustement in my strategy. before, i would have more than 10k$ in my trading account. i would be profitable for few months then have a big loss. wich is completly random, for example a natural disaster or a big failed company would fuck up the price and there is no way out. just like recently the boa governor made a random wire at midnight telling he wants the aud low and is willing to print money. i was stuck. basically at some point of an other, you will not be able to get out of a trade. so now i have maximum 2-3k$ and i trade high leverage. have you been to asia? i am actually flying to thailand in a week. maybe you can recommend me few spots/cities. posted in uncategorized | leave a reply 24feb gaps : probably the biggest sunday i ever traded posted on march 10, 2013 by forextradingnomad 3 first let me say im late for posting, i have been very busy the last 2 weeks as i am planning another big world trip for 2 years. i will probably be flying straight to bangkok thailand first, then head towards europe for summer. thus i didnt have time to trade that much…… and on the 24th i made so much &#%*%# that it was ok with me. it was to be honest probably the biggest gap trade i ever took. what happened was talks about the next boj finance minister. rumors. chit-chat. bla-blas. so obviously for me it wasn’t worth 200 pips of gaps !!!! i shorted all the yen pairs and mostly took a partial profit at 50% retracement. with that kind of pips, i dont even need to wait for the full retracement of the gap (wich can take more than a day in some cases). posted in uncategorized | 3 replies 17th feb sunday gap trade – this is how you make money posted on february 18, 2013 by forextradingnomad 5 another very slow sunday that turned quite big. there were no major gaps, and to be perfectly honest, i wouldnt recommend trading on a day like that. the fact that the trades were made on the yen, is even more risky due to their recent monetary policy. the gaps on cad, usd or eur pairs are more safe, since we enter the asian session first, and the european/american session much later. as you can see in the screenshots my exits are almost perfect, probably only a matter of experience. heres are some tips: i prefer taking small averages instead of one big large trade. when in a nice profit, i usually close half of my positio

URL analysis for forextradingnomad.com

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Domain Name: FOREXTRADINGNOMAD.COM
Registry Domain ID: 1745257042_DOMAIN_COM-VRSN
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