Had a good laugh reading the replies to that Shane kid's remark. I want to know the broker that give him that kind of spreads to profit from 5second trades.
Pip on guys!
Pip on guys!
Making Money is Extremely Simple 38 replies
bo7a method... method for GBP/JPY 205 replies
Making an EA: "Simple Method of Scalping any pair by Imran Sait" 82 replies
SIMPLE EA for a simple method needed!! 1 reply
Simple trading method 49 replies
DislikedYou are right...!
Since the price was making LL & LH.... it was Contradicting with the main trend... + it was not a single bar reject / OB Etc... this is the reason to stay away from it...
Cheers,
FX-ProIgnored
DislikedI know I am right, I just didn't know if you know how this applies to your simple method. I like it so much 'cause it confirms what I know
about channels (I am a channel trader - sprent years learning how to build them). It's amazing how two different traders come to the
same results with two different methods. Let me show you my channels, H4 (white is a long time channel) and H1 which explains what
has happened yesterday,
Cheers,
LietuveIgnored
DislikedThis is very interesting lietuve. If anything, I can see that if PA conforms to staying within these channels and you are able to draw the channel regions accurately enough, then this would give us a distinct edge for pinpointing our optimal Take Profit. Especially if this price intersects with strong and/or RN support resistance levels.
Nice work dudeIgnored
DislikedNothing interesting at the moment huh....
All pairs that i trade have reached the daily support / resistance zone...
Patience...
FX-ProIgnored
DislikedHi Fx-Pro, wich pairs are giving you the same confidence as the AUDUSD? The major ones?Ignored
DislikedA little off-topic but what software you guys use the write down your trades?Ignored
DislikedNZD/USD my second best pair.
I don't use any software... why don't you start a trading journal & post all your trades there.
Cheers,
FX-ProIgnored
DislikedThat's a nice idea and it would keep me updated...but I'd also like to have a trading log for myself. I was thinking of using Google Drive Spreadsheets and Documents, it's online, we can access it from anywhere with an active internet account.Ignored
DislikedI don't think anything can beat copying and pasting screenshots of your trades into a word doc and writing descriptions about the market conditions, why you entered, trade management, etc. This might be more work than recording your trades in a spreadsheet, but you aren't going to learn much by looking at past trades on a spreadsheet IMHO.
Trading, for me, is all about pattern recognition, but no two patterns are the same. So how do you quantitatively assess which patterns have a high probablilty of success over random patterns? I don't think...Ignored
DislikedHello ... been hanging around the thread being a silent observer. Decided to try the system. It is similar to the J16 base system where we wait for the pullback of price to "touch" the slower EMA. Anyway ... anyone in on this one ??? My first try at the system.Ignored