QuoteDislikedThe SFP was the first candle to break the low and close above it.
Thanks, so that was a valid SFP.
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QuoteDislikedThe SFP was the first candle to break the low and close above it.
DislikedTom, regarding the above post, do you have room on the first page for a "sticky" type post of A+ setup charts?
We could setup a system where members PM you their A+ setups over the last six months & pending your approval, you add them to the front page.
I (and I'm sure many others) keep a folder on my pc stocked full of the no-brainer, A+ setups and make it a point to review them weekly, compare to present possible setups and weed out the maybe trades. I know there are several dozen, if not hundreds of great charts in this thread that...Ignored
DislikedMy two trades of the day. First is SFP on Au 1H which took my SL. RBA didnt lower rates and AU in a strong move. So shorting on Frankfurt-Open not the best idea.
I have a buy limit on place as well.
Second is a SFP on GU 15min that worked quiet nice with a sharp drop to FTA.
http://s1.directupload.net/images/12...p/ysiwgogg.gif
http://s7.directupload.net/images/12...p/dq2xx2xv.gif...Ignored
DislikedWizard, thanks.
A couple of questions which have occured to me lately, which I have not yet seen answered on this thread (they may have been in some of the earlier webinars which I missed):
1. What news source do you use to gather all of the relevant announcements?
2. I know you are not too worried about R:R ratios because you rely much more heavily on a high win ratio. But is there a minimum R:R below which you will not take the trade, in order to preserve your overall positive expectancy? My impression so far (and it is only an...Ignored
DislikedWizard, thanks.
A couple of questions which have occured to me lately, which I have not yet seen answered on this thread (they may have been in some of the earlier webinars which I missed):
1. What news source do you use to gather all of the relevant announcements?
2. I know you are not too worried about R:R ratios because you rely much more heavily on a high win ratio. But is there a minimum R:R below which you will not take the trade, in order to preserve your overall positive expectancy? My impression so far (and it is only an...Ignored
DislikedNot really - the first bar that made the low was the SFP bar.
The bar that you traded made a new low but from within minor consolidation - there are no previous swing points that its failing. They work sometimes but the strike rate on SFP's with space is better.
Does that make sense?Ignored
DislikedPost No. 2607! This post also has my EURUSD trade preserved in it, long @ 1.3140, stop 1.3000 and target 13500.
Why did i take this trade? Well it certainly wasn't anything to do with coin tossing (although this is a viable strategy in the RIGHT hands). My strategy was based upon various things, the important one being internet trading chat forums.
When the chat forums are all talking one direction you can bet it's going to go the opposite way.
Be honest, who had their short stops taken out today? Even worse, who is holding onto a short...Ignored
DislikedMy two trades of the day. First is SFP on Au 1H which took my SL. RBA didnt lower rates and AU in a strong move. So shorting on Frankfurt-Open not the best idea.
I have a buy limit on place as well.
Second is a SFP on GU 15min that worked quiet nice with a sharp drop to FTA.
http://s1.directupload.net/images/12...p/ysiwgogg.gif
http://s7.directupload.net/images/12...p/dq2xx2xv.gif...Ignored
DislikedJust thought i would post some charts showing potential trades as i see them, all comments welcome.
They are all possible RRT setups.Ignored
DislikedHey bez, from the ones you mentioned I have an order to buy eur/usd already. Also watching usd/chf to break lower.Ignored
Disliked1. What news sources do you use to gather all of the relevant announcements?Ignored