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- KelvinM replied Aug 24, 2011
Second Step in the 2-Step Method — Once I have my "Master List" of acceptable currency pairs to trade, I then begin looking for pairs that have recently bounced off the EMA and have formed an Inside Bar. Again, GBP/CHF is an acceptable example ...
- KelvinM replied Aug 24, 2011
2-Step Method for Entering — Greetings all, I wanted to take just a second and share my 2-step method for entering trades every day, in hopes that this might bring clarity to the method and stimulate further discussion if you would like. In ...
- KelvinM replied Aug 24, 2011
Hello Darryl, Glad to have a friend from Houston, Texas. I have family around that area, just a little bit north, so hope to make it through one of these days. I hope you get some rain, I've been hearing about the horrible droughts lately! Your ...
- KelvinM replied Aug 22, 2011
Hello Bobcat2, thank you for your comment today. I leave my orders in for 1 week and then reassess the market conditions after that time. The reason I do that is because in any trend you have several days that the market is counter-trend trading, ...
- KelvinM replied Aug 22, 2011
Good morning Vijidas, This is a good question. The answer has to do with backtesting. I know that many people say to put your stop loss at the previous high (for a short) or the previous low (for a long). However, doing so would cause a loss of many ...
- KelvinM replied Aug 21, 2011
Next Screenshot — I wanted to post a trade that had multiple add-on trades, because this is where the real money is made in trend trading. On this screenshot you'll find (starting from the center of the shot): 1. 3 Inside Bars. Each one of ...
- KelvinM replied Aug 21, 2011
First Screenshot — In this screenshot you'll see: 1. Red up arrow indicating the Inside Bar. Here we put a buy stop order at the high of the Inside Bar, with a 30 pip stop loss. 2. Red Thumbs Down. Two days later the stop loss is hit for a ...
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