Hope you saw it. Just took 12 pips
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Forex intraday using the 5min chart: EURUSD 108 replies
The Force 5min system 3,806 replies
Intraday Pound Trades on 5min chart [GBPUSD] 36 replies
5min Bollinger breakout system 42 replies
DislikedI took this one one USD CHF
entered at 1.2150 exit at 1.2165
15 profitIgnored
DislikedHi Phillip
Would you consider a short trade like this - if the move is slowly upwards?
WillemIgnored
DislikedAttached the outcome of the short EUR$ trade. Entered @ 18:19 1.3330. 3rd negative trade so far.
WillemIgnored
DislikedIt was one of those setups that looks OK eventually. Look at the 21EMA flattening out. If there is no movement in 5-6 bars get out as close to breakeven as possible.Ignored
DislikedHi Phillip
Yesterday and today I did miss a few nice trades because one tends to concentrate on too many pairs. I think one should concentrate on just the EUR$, cable and JPY$.
In future, I am also going to use a buy/sell limit order rather than a market order. Once a chart/pair comply with my rules, I am going to put a buy/sell limit order (to enter correctly) at just above/below 21MA. I tend to miss by entries by a pip or two when using market orders.
Obviously one needs to changes the orders as the chart changes (value of 21MA changes).
How do you enter your trades?
WIllemIgnored
Disliked$/CHF and $/Y are my favourite pair.
No specific reason. I find the best trade with this two pair.
From the next week i'll try to keep a journail of my trades
CiaoIgnored
Dislikedhi, will
i know what a limit order is , what is a market order
thanks
garyIgnored
DislikedAfter chasing ghosts in FOREX, I have been following this system since the beginning, and it has been working out very well. I recommend we start a chatroom or live conference system for live trading this system.
I would be happy to look into it if there is interest.
TropicIgnored
Dislikedhi,
i forget to ask ,
was ,nt the 50 sma to flat for a trade?
thanks
garyIgnored
DislikedCan someone please link me to the meta trader file that places the dots on my charts when an optimal buy or sell set up occurrs.
ThanksIgnored
DislikedI'm a new person to this forum but have been on the 4hr for a while. I think I will like this method better. We could do a live trading on paltalk as I have been involved with one there. Only problem it would be a open forum and someone has to bounce out intruders. I am more concerned with how many different time zones are we dealing with and what time to talk. Personally I'm on the west coast but I can tell by the times of the messages that many are on the east coast.
Read any successful person’s biography and it goes like this: struggle, struggle, struggle, small success; struggle, struggle, struggle, small success; struggle, big struggle, struggle, BIG SUCCESS. See setbacks as proof of your future success. What makes anyone think that trading is any different?Ignored