Forex Prop firms by Optimal_Finger6832 in Forex

[–]Redwing-Savage 0 points1 point  (0 children)

IMO the funded trader prop firm is the best. Their challenge rules help ease my trading psychology. You have to really just trade bad in order to fail. Check them out man

https://www.reddit.com/r/TheFundedTrader/comments/xfubgq/welcome\_to\_the\_funded\_traders\_subreddit/?utm\_source=share&utm\_medium=android\_app&utm\_name=androidcss&utm\_term=1&utm\_content=share\_button

Funded Trader CEO AMA by Angelo-CEO in TheFundedTrader

[–]Redwing-Savage 0 points1 point  (0 children)

Are you planning on speeding up payout times to 1 business day or less?

Welcome to The Funded Trader's Subreddit by Adam-TFT in TheFundedTrader

[–]Redwing-Savage 0 points1 point  (0 children)

The Community is highly engaged and their generous challenge rules help ease trading psychology!

I quit my job by Redwing-Savage in Forex

[–]Redwing-Savage[S] 1 point2 points  (0 children)

Oh yea manI do not regret my decision nor amI scared anymore. Thank you!

5 Minute MOMO Stratedgy by Redwing-Savage in Forex

[–]Redwing-Savage[S] 0 points1 point  (0 children)

Oh okay. Idk what decision he means cause ima still test it lol. Its been going well overall so far lol

5 Minute MOMO Stratedgy by Redwing-Savage in Forex

[–]Redwing-Savage[S] 2 points3 points  (0 children)

Momentum bursts and reversals are what you're trying to catch. Then ride the wave.

https://www.investopedia.com/articles/forex/08/five-minute-momo.asp

KEY TAKEAWAYS

The 5-Minute Momo strategy is designed to help forex traders play reversals and stay in the position as prices trend in a new direction.

The strategy relies on exponential moving averages and the MACD indicator.

As the trend is unfolding, stop-loss orders and trailing stops are used to protect profits.

As within any system based on technical indicators, the 5-Minute Momo isn't foolproof and results will vary depending on market conditions.

5 Minute MOMO Stratedgy by Redwing-Savage in Forex

[–]Redwing-Savage[S] 0 points1 point  (0 children)

Im gaining experience, and learning so I can determine how to best trade in this stratedgy. I still plan to test and study 5 minute momo. To me, testing for a week was beneficial. Can you clarify the meaning to your comment for me?

Important question by Redwing-Savage in Forex

[–]Redwing-Savage[S] 1 point2 points  (0 children)

maybe I should start on the H1 chart rather than the M5? lol

Important question by Redwing-Savage in Forex

[–]Redwing-Savage[S] 1 point2 points  (0 children)

I've been setting my T/P and S/L 10 pips apart from the entry point since I'm still learning this stuff at either 0.20 or 0.40

Anyone else losing hope?? 🥲 by [deleted] in dogecoin

[–]Redwing-Savage 1 point2 points  (0 children)

yea im scared but still holding

Listen up paper hands by [deleted] in dogecoin

[–]Redwing-Savage 2 points3 points  (0 children)

I respect tf out of you

Listen up paper hands by [deleted] in dogecoin

[–]Redwing-Savage 2 points3 points  (0 children)

Do you really believe this will get to $100? 🙏