Did everything wrong got stopped out twice so BANKED the +68pips to get me back to Breakeven happy with that, no reason to be out its just stuttering around Fridays open and it squares me up ready to trade again
Can you teach me Carry Trade and Swing Trade? 5 replies
Golden rule: trade the trade! 16 replies
usa trade balance cad trade balance 6 replies
Philly Fed later - trade or not to trade? 10 replies
Months to trade or not to trade Forex? 2 replies
DislikedI realised that this wasn't a reverse trade setup.Candle wasn't coming from the HH. Being stupid to trade ffs. Even with this day is still positive. P.S. 60 please comment on this what do you think.Thank you {image}Ignored
Disliked{quote} Thanks mate, just got to figure out the finer points of trading this, need to get my head around if the market takes you in, let the market take you out, always used targets /levels before so got to get use to this rule, no idea about what you have mention about the reversal trade, being the wrong thing to do, Thank you 60 for you wise words ( you can trade every breakout of every high or low ) simple words but very trueIgnored
Disliked{quote} when it comes to exits there is only really 2 things to consider. 1. If there is profit on the table it is never wrong to take it off - it may not work out being the most profit you could of had, learn to accept that. 2. If you have risk on the table it is never wrong to manage the risk - make a judgement based on what the market did not what you want it to do. This system will give you a constant stream of opportunities - you don't need to have the best exit, you just need an acceptable exit. Here are my trades today, you will see I took...Ignored
DislikedI have been silently looking and learning from this thread for awhile and I just want to say thank you 60minuteman for giving us a very simple yet effective way to trade. I have began to apply this to my trading strategy and look forward to having great success.Ignored
Disliked{quote} you're welcome Checkz, this isn't the first time we have met here is it?Ignored
DislikedNice strategy. Thanks for sharing, Darren. Catching up with the thread. This is GU at the moment: I'm not sure what happens with the buy PO now... will it stay there and the stop will be moved to the lower low that just formed? Or shall we just delete it and wait until a new setup forms? Thank you {image}Ignored
Disliked{quote} are you looking at trading hi/lows? hi/lows and reversals? or just trading every breakout?Ignored
Disliked{quote} Well, the order (blue line) was placed on the b/o of the reversal after the 1st low formed. I suppose though your reply means the order will need deleted LOL So practically a new low voids the previous PO, is that right? On a side note, I suppose the 100 promotion is over by now, isn't it? Pity I discovered this thread only now...Ignored
Disliked{quote} still 12 slots left on the 100 promotion. yes, once the next bar closed - the long from the low would be cancelled - and a reversal short would of set up on the next barIgnored