Forexliving

SHORT GBP/USD And Aud/usd Target 200 pips stop loss 100 pips.

CAD/JPY long term analysis based on trendlines

Hello everyone ! I am from India . Its great to be here among everyone where the world is one country for us and humanity as the religion!

Who here trades forex for a living? I am doing that and just want to know who else does so. Or are you a part time trader and forex is just a part time earning for you?

Not daily basis but weekly basis . I scan charts for potential set ups each week and among those which have those set ups are folowed every day of that week.

I trade majors as well as crosses . Mainly EUR/USD , AUD/USD , GBP/USD AND USD/CAD , ISD/CHF., usd/jpy In crooses i trade GBP/JPY , gbp/chf , eur/gbp, eur/chf , aud/jpy , eur/jpy etc.

Forex trading requires tons of screen time. Understanding of technicals as well as some fundamental aspects of trading. its not easy to make money . It is said that 95% traders lose money in forex . SO before entering live account trading one has to learn trading and practice on demo account.

Forex trading can be divided into long term , medium term and short term trading. The long term trading we can call it as investment . Rest medium term and short term i.e. intraday trading is simply trading to earn money in a matter of time which requires skillful expertise .

Silver monthly chart Silver has grown from 10 to now almost to 30 in a bullish mode. How long can this bullish mode persist? Uploaded with ImageShack.us

Nice exhibition . Saw your photos and some vids on showfxworld website too. Also noted that next exhibition is arranged in singapore ..Am i right?

Look out for sell off in eur/usd , aud/usd and gbp/usd in US session. The usd index shows bullish momentum. Gold is in bearish mode so have a sell on gold.

AUD/USD MONTHLY Can this scenario happen? Its a very long term view. AUD/USD monthly shows the channel formation. And we are at the top of channel now? So can this scenario come true? Only time will tell but i am going to put a small position to see this . Short at 1.00 or 0.9900 level Target 0.75 SL 1.03 Uploaded with ImageShack.us

GBP/AUD Long entry Is this the bottom? Uploaded with ImageShack.us

Aud/jpy update on 1hr timeframe Stop loss moved to plus.

I am trading with instaforex. And they are running great contests for demo accounts as well. Now that they have started a posting contest here is welcome initiative.