Here is a 5 minute snapshot of today - only 2 trades compared to last monday's 13... about the same amount of profit.
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DislikedHey Guys!
At first, itīs a great thread! Thank you, Mongolian! Guys, how do you do with it? I read the first 17 pages and i think i understand the basics.. Will try it next time on a demo account and simulator. If anyone want to have simulator just ask me! I think it is a great thing to learn new strategies and feel the market! i keep reading the thread and test it out.. will post my trades later!
Cheers
AndreyIgnored
DislikedWelcome mate, I am really just starting with this, but so far doing ok. I can definitely see the potential for being VERY profitable with this if I can really get to know PA and keep my cool at the charts.
When the market is trending (I use 1M) it's quite easy to see the 12 pip moves. In a range I am still not competent enough yet to not get whipped around, but I do think most of that is due to not mastering the correct mindset yet. I'll post my chart for tonight later on!
NicIgnored
DislikedThanks! I think PA is the key to be successfull on the forexmarkt, if mix this with discipline and patience! i know an another awesome strategy, it is the dance (CHOROS), does anyone know this? it based on PA too... iīm a little bit impatient, so i need something what i can trade, if i havenīt opportunities for the Dance...
This strategy seems to be very profitable and it isnīt a typical system with many indicators, what wouldnīt work after 1 year..
It would help me, if you post your chart! Thanks!Ignored
DislikedThanks! I think PA is the key to be successfull on the forexmarkt, if mix this with discipline and patience! i know an another awesome strategy, it is the dance (CHOROS), does anyone know this? it based on PA too... iīm a little bit impatient, so i need something what i can trade, if i havenīt opportunities for the Dance...
This strategy seems to be very profitable and it isnīt a typical system with many indicators, what wouldnīt work after 1 year..
It would help me, if you post your chart! Thanks!Ignored
DislikedMongolian you have a very strong foundation there in your strategy, however some further tweaking is probably required, still the foundation is very very solid. On a side note your posts are very much appreciated and I must admit that your contribution is very much appreciated as well! Thanks!Ignored
Dislikeddoes anybody trade during frankfurt and london session? mongolian, you trade during the asian session or not?Ignored
DislikedGoing to post a chart of a live trade - will come back and see how it turns out.
EUR/JPY - long @ 115.76 TP 116.00
AttachmentIgnored
DislikedFirst Chart:
Wasn't all that focussed at the charts last night, was at a family members house on laptop prior to going to dinner, so perhaps that didn't help
1- Missed long at 1.4075, so got in 3-4 pips into the move, price went close to next level then came back. -6
2- Yellow arrow at 1.4062 is where I could have had an order for long, same for move next to it, but wasn't really on the ball so missed it.
3- Limit order long at 1.4075, perhaps should have waited for price to reach level above and retrace for this long move. -6
4- Not sure if...Ignored