Hey guys welcome to my blog. My name is johnnykanoo and some of you may know me from different forums and message boards. I have started this blog so that I may share my ideas and thoughts with you.
I am glad you are joining me on this journey. We can be amongst the 5% who succeed in forex. There is so much ground to cover. I will start with a couple of articles to get started. If you are a new person or an experianced trader this blog will have something interesting for you.
My trading philosophy in a nutshell is based on simple orderflow. What levels and areas is price responding to? These levels are called support and resistance levels and it is at these levels that we look to make trades. My methodology is to wait for price to tell me when to enter. It is these price action setups that I will focus on.
I will not be a signal service however I will post some trade ideas for folks to follow if they wish. As long as you realize forex is a risky business and you could lose alot of money. On the flip side you could earn alot of money just be forewarned that all investment and speculation is risky and that risk is amplified by using leverage.
Stay tuned for some great trading articles. I will teach you how I trade and what I look for in my setups.
Till then, John
