EJ to TP.
Together with my first strike during Tokyo open, that makes +10 pips so far.
flx69
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DislikedI only have a pending on EU; EJ dint seem like good odds unless EU had the momentum also experimenting with EuroCADIgnored
Disliked{quote} That usually pays off, doesn´t it ? EJ to TP. Together with my first strike during Tokyo open, that makes +10 pips so far. flx69 {image}Ignored
Disliked{quote} the only reason was maybe because the 700 line was close to the open of the one hour candle??WAS I NOT FOLLOWING THE RULES??Ignored
Disliked{quote} I thought the purpose of following this strategy is to comply with the rules and not to deviate E/J just hit TPIgnored
Disliked{quote} I thought the purpose of following this strategy is to comply with the rules and not to deviate E/J just hit TPIgnored
Disliked{quote} I thought the purpose of following this strategy is to comply with the rules and not to deviate E/J just hit TPIgnored
Disliked{quote} like panamamike mentioned; we must be selective in picking trades since our risk to reward is 2:1; all my failed trades in the past failed because they din't have very high odds and i had taken similar trades to yours; some were profitable but i was never profitable daily like the pros here. so i began to look back where i went wrong and compared my trades to the pros of this forum and then i realized they patiently waited only for extremely high probabilities and THEN applying the rules of this strategy. This way they achieved profitability...Ignored
Disliked{quote} I am glad it worked out for you.. but there is a lot more to trading than a few rules... these rules are the basics, then you have to stack the odds into your favor.. try to find the lowest risk entries possible, with the highest probability of profit... and you only need two of those per day the EU had already reached its ADR.. the EJ was near the DO.. could have turned down easily... making the trade a losing one... so why would I risk my money on a not so good entry?? In this case it would have turned into a winner,, so...Ignored
Disliked{quote} That is an incredibly low spread you have on EJ. Looks like I will have to research brokers again. Any advice??Ignored
Disliked{quote} I am glad it worked out for you.. but there is a lot more to trading than a few rules... these rules are the basics, then you have to stack the odds into your favor.. try to find the lowest risk entries possible, with the highest probability of profit... and you only need two of those per day the EU had already reached its ADR.. the EJ was near the DO.. could have turned down easily... making the trade a losing one... so why would I risk my money on a not so good entry?? In this case it would have turned into a winner,, so I missed one......Ignored
Disliked{quote} OK so what you are saying is that you could not make profit with this strategy by following the rules as per page one??Ignored
Disliked{quote} I am glad it worked out for you.. but there is a lot more to trading than a few rules... these rules are the basics, then you have to stack the odds into your favor.. try to find the lowest risk entries possible, with the highest probability of profit... and you only need two of those per day the EU had already reached its ADR.. the EJ was near the DO.. could have turned down easily... making the trade a losing one... so why would I risk my money on a not so good entry?? In this case it would have turned into a winner,, so I missed one......Ignored