Discipline will take you where luck can't.
Close all open trades if current total open lotsize exceeds"X" 0 replies
London open to Sydney open 23 replies
How to specify to EA not to open new trades after London close 2 replies
London Calling . . . Various strategies focusing on London Open 58 replies
Medici trades the London open 435 replies
DislikedI know what you mean, in my case I missed my TP by 3 pips, but I closed it at +38.
I have a question....do you try to figure out which way the price is going or do you just trade what you see in your charts? What I mean is, right before London opens, price usually consolidates before breaking either up or down. Do you give any thought as to where it might go or do you just trade in whichever direction the break takes place?
For example, some people think sort of like this....if price breaks 141.70, then we go up to 143.00 and if that breaks...Ignored
DislikedI took the same S/R line you had listed and got out after the +58 pip (included spread).
This would have been a good one to follow all the way to the Fib Extentions.
http://i40.tinypic.com/692xzt.gifIgnored
DislikedHey, how's it going...guess what just happened to me....it's unbelievable....I setup a trade, short at 138.80, when I was at +40 just 4 min after opening the trade I minimized the chart to look at my equity and....big surprise.....I was trading the DEMO ACCOUNT!!!!!!!!!!!!!!!!! I forgot to switch to the real account!!!!!!!!!!!!!
So I got 50 FAKE MONEY pips in 10 minutes. That's just peachy!
I don't know wether to laugh or smack myself!Ignored
DislikedHi - good to see you back - my first post on FF. I followed your system and still use it most days. Attached is my trade from yesterday. Pretty straight forward....coming into Europe open price was pushing on the Tokyo low from earlier in the day...trend is down....it broke 160.82 and I waited for a small retrace to get in at better price....I also noticed the GU fall heavily earlier. Took the short down below Friday's low and then set Stop at high of each previous candle.Ignored
DislikedWow, Ciara is back! About a week ago I was thinking about how I hadn't seen you post in quite a while and thought...well, now that she's a multi-millionaire she doesn't care about us small ones anymore....just kidding. Im still struggling to reach consistency, I'm currently ranging between a -5% to a 5% return on my account. I'm also trying to adjust my trading method to something that suits me. Right now, I'm trying to catch tops and bottoms based on support/resistance lines. Haven't had the need for any slaps in the face lately, I had been so...Ignored