Forex Trading is a Scam

Forex trading is a scam!!!

That's my thought when I blow up my first account.

That was 2 years ago, but my passion and enthusiasm to succeed in trading doesn't stop.

I know there are people making money in this industry, if no one then it will not exist or survive.

I just need to do it right, and the right thing to do is train myself to be a profitable trader.

I started to trade Forex in a very wrong way, I thought it's like a chart reading and put position and tomorrow I can quit my job. 

After trading my first account and losing all my money, I learned a lot from it, I just don't quit I convince myself that there's a way to success in everything. I believe I can, I CAN DO IT!

Orderflow Analysis by Mr.Pips of Forexfactory.com

Hello everyone!

I would like to show some of my orderflow analysis that made +70pips

EURUSD 15M

Expectation is NSL (New Structure Low)

Reason for entry: 1) Retracement at 38.2 fib

                            2) Bar and bar analysis

                            3) Resistance/support area

Trading arsenal: 1) Breakeven when the price made it's first retracement.

                           2) Trailing stop loss when the price move further the fib level and made a new retracement structure.

                          

Daddy Forex Trader

Hello this is my first post for my blog.

I created this blog in my goal to become a full-time dad trading forex at home, while spending quality time with my family.

It's like me personal diary of my trading and I will be posting some events that happening in my life while trading.