"Most recent post on my blog is: http://trend0.blogspot.com/2013/01/euraud.html"
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Vytas Zilenas left a comment for Tomas Grue"Hi, nice to see you coming to the blog old pal. Good luck in blogging and writing about Forex. I come to write a blog here from time to time too. See you."
Vytas Zilenas's blog post was featuredA few tips for Forex beginners
When I started trading Forex I made too many mistakes. I wish somebody could help me to avoid them, but maybe learning from your own mistakes is the most effective way to progress. Anyway, it is good to read and practice what more experienced traders say about their trading experiences. Today I want to give a few tips that might help those who are starting in currency trading.Firstly, most beginners when they enter the market they are thinking how much money they are going to make and how fast.…See More
Vytas Zilenas posted a blog postA few tips for Forex beginners
When I started trading Forex I made too many mistakes. I wish somebody could help me to avoid them, but maybe learning from your own mistakes is the most effective way to progress. Anyway, it is good to read and practice what more experienced traders say about their trading experiences. Today I want to give a few tips that might help those who are starting in currency trading.Firstly, most beginners when they enter the market they are thinking how much money they are going to make and how fast.…See More
Vytas Zilenas posted a blog postIs it possible to be a pro by trading forex signals
Most newbie traders that come to forex market obviously experience losses and majority of them start searching for forex signals providers that would make decisions on their behalf. It is not bad at all if you find a reliable signals provider or if you want to make money when somebody else makes trading decisions for you. However, I seriously doubt if you are able to become a better trader by following those signals.On the contrary, I think that will weaken your ability to think and make…See More
Vytas Zilenas posted a blog postWhen can trend trading be used best
Most traders admire trend trading. They desperately wait for it to start. Why? Because when a trend starts most traders start making money. It is a very good season for all those who are interested in financial markets. Investors and speculators of the old days would save up their cash and wait for big trends in stocks markets. A very famous speculator Jesse Livermore once said that market conditions are the most important factor for any trader. Some market conditions are simply not good…See More
Vytas Zilenas's blog post was featuredPrice action or technical indicators
I know that it is a personal preference of any forex trader to watch price action or use technical indicators in his trading. I personally believe that technical indicators only show past events in the market, which can be clearly seen in price action. I do not want to argue that indicators are bad. No way, they are not. I do use rsi both in trends and ranges and 200 simple…See More
Vytas Zilenas posted a blog postPrice action or technical indicators
I know that it is a personal preference of any forex trader to watch price action or use technical indicators in his trading. I personally believe that technical indicators only show past events in the market, which can be clearly seen in price action. I do not want to argue that indicators are bad. No way, they are not. I do use rsi both in trends and ranges and 200 simple…See More
Vytas Zilenas's blog post was featuredShould you trade forex news
Most traders are afraid fundamental news releases due to extreme volatility that these events create. I have read a lot of recommendations by professional traders not to trade forex news as it can result in severe losses. As I have been trading news from the very start of my trading career I have a different opinion. You can trade news provided you have a reliable trading strategy, good money management system and are able to monitor…See More
Vytas Zilenas posted a blog postShould you trade forex news
Most traders are afraid fundamental news releases due to extreme volatility that these events create. I have read a lot of recommendations by professional traders not to trade forex news as it can result in severe losses. As I have been trading news from the very start of my trading career I have a different opinion. You can trade news provided you have a reliable trading strategy, good money management system and are able to monitor…See More
Profile Information
- Relationship Status:
- Married
- About Me:
- I am a forex trader. My forex experience started 6 years ago when I invested my 500 dollars in the forex market. After losing all of the initial sum I reconsidered my trading and developed a succesful trend trading system. That's when I became profitable. I came back to forex market with a friend of my investing his 4000 dollars. We tripled that amount in a matter of one year trading swings and trends. After that I started trading on my own and developed two more strategies: range trading strategy and news trading strategy. Those enabled me to have profit on a daily basis.
- Website:
- http://hubpages.com/profile/fibo777
- Years trading Forex
- over 5
- Broker I trade with
- Oanda
- What I like about my broker
- ability to trade in units
- Favorite currency pair to trade?
- gbp/jpy
- Most I ever made on one position
- More than 100 pips
Vytas Zilenas's Blog
A few tips for Forex beginners
Posted on June 11, 2012 at 3:40pm 0 Comments 1 Like
When I started trading Forex I made too many mistakes. I wish somebody could help me to avoid them, but maybe learning from your own mistakes is the most effective way to progress. Anyway, it is good to read and practice what more experienced traders say about their trading experiences. Today I want to give a few tips that might help those who are starting in currency trading.
Firstly, most beginners when they enter the market they are thinking how much money they are going to make…
Continue Is it possible to be a pro by trading forex signals
Posted on April 27, 2012 at 10:34am 0 Comments 0 Likes
Most newbie traders that come to forex market obviously experience losses and majority of them start searching for forex signals providers that would make decisions on their behalf. It is not bad at all if you find a reliable signals provider or if you want to make money when somebody else makes trading decisions for you. However, I seriously doubt if you are able to become a better trader by following those signals.
On the contrary, I think that will weaken your ability to think and…
Continue When can trend trading be used best
Posted on September 21, 2011 at 6:16pm 0 Comments 0 Likes
Most traders admire trend trading. They desperately wait for it to start. Why? Because when a trend starts most traders start making money. It is a very good season for all those who are interested in financial markets. Investors and speculators of the old days would save up their cash and wait for big trends in stocks markets. A very famous speculator Jesse Livermore once said that market conditions are the most important factor for any trader. Some market conditions are simply not good…
Continue Price action or technical indicators
Posted on May 18, 2011 at 4:41pm 0 Comments 1 Like
I know that it is a personal preference of any forex trader to watch price action or use technical indicators in his trading. I personally believe that technical indicators only show past events in the market, which can be clearly seen in price action. I do not want to argue that indicators are bad. No way, they are not. I do use rsi both in trends and ranges and 200 simple…
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