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'Ask me a question' - Brad Gilbert Former Chief FX Trader at Citibank

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Traders4Traders

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I am new to this forum but have been trading Forex for 28 Years and a former Chief FX Trader at Citibank amongst others. If you have any questions about Forex trading then fire away and I will give you the best answer I can and try and clear up some of the confusion found on the internet about FX Trading..

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#1 - December 13, 2018, 05:18:50 PM

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It's great to have someone with this experience on this forum. I'm curious your favorite method for trading is. Do you use indicators or not? I would be interested in hearing any details you want to share. 
#2 - December 13, 2018, 10:03:57 PM
'Ask me a question' - Brad Gilbert Former Chief FX Trader at Citibank in Forex Education_FEN-Indicator-728x90

Traders4Traders

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Well we were taught to trade using technicals and fundamentals. I don't use any indicators except for stochastics. I can see how they can help people trade if they don't understand the market but they aren't anywhere consistent enough for my liking
Brad
 
#3 - December 14, 2018, 12:03:52 AM
« Last Edit: December 14, 2018, 12:06:51 AM by Traders4Traders »

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Thanks for the reply. I would be interested to know what technicals you used at Citibank.
#4 - December 14, 2018, 12:09:00 AM

Traders4Traders

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Bank traders don't use indicators they use Trendlines to trade around and they use bars not candles, this stems back from the early days when we didn't have charts on computers they were drawn out manually on huge sheets of paper so obviously, we couldn't use any fancy indicators.
#5 - December 14, 2018, 10:39:52 AM
« Last Edit: December 14, 2018, 11:28:06 AM by Traders4Traders »

Francoisvs

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Wow, Great to have someone with all that experience here.

Do(did) you use fib or gann levels at all? 
The more I look at fibs the more I think hitting certain levels are just luck shots, unless there is confluence with other fib ranges and/or trend lines.
#6 - December 14, 2018, 11:59:19 AM

Traders4Traders

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Hi Francois - It would be wrong to say they were never used - however the only time they would get used would be when there were no Trendlines (Entry Levels) but the probability of a good trade reduces
#7 - December 14, 2018, 03:29:49 PM

Rudi

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very interesting turns out you are a super trader who has decades of experience in the international forex market,
Hopefully you can share knowledge in this forum about your 28 years of experience in a career in the world of forex trading, for beginners so we can get additional knowledge ;D
#8 - February 05, 2019, 04:17:42 PM

Satria41

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Quote from: Traders4Traders on December 13, 2018, 05:18:50 PM
I am new to this forum but have been trading Forex for 28 Years and a former Chief FX Trader at Citibank amongst others. If you have any questions about Forex trading then fire away and I will give you the best answer I can and try and clear up some of the confusion found on the internet about FX Trading..
greetings sir
I want to ask,
may I do foreign exchange transactions every day or must be balanced with adequate rest?
#9 - February 05, 2019, 05:53:48 PM
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