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- 23 Results (2 Threads , 21 Replies )
- BeTrue replied Mar 31, 2015
I guess if you are overly worried by that situation you should do two things that completely resolve your problem; Find a broker that has negative balance protection (there are a few out there) If you normally risk £100 a trade, deposit only the ...
- BeTrue replied Mar 31, 2015
It's really quite simple, Trade demo until you have a proven edge, and by proven edge I mean demo trading for months and consistently making money. So many people are trading live yet have never traded profitably on demo and it baffles me. IF and ...
- BeTrue replied Mar 23, 2015
The reason in theory an 8 year old child could potentially succeed at trading is because they would buy when price is going up and sell when price is going down. Just like when my wife passes my screen and says "it's going down, you should sell". I ...
- BeTrue replied Mar 16, 2015
Good day today, For me the most important thing is staying out of bad trades...As you can see from my earlier posts I was tempted to enter usdcad but didn't due to a couple of problems nearby, this saved me from a losing trade. Losing trades are ...
- BeTrue replied Mar 16, 2015
USDCAD 4H I won't be entering this trade because price has to break the 1.28 level and it's at strong monthly resistance levels. This setup may well work out, but when there's hesistation like that it's best to be safe. Anyone have a different view?
- BeTrue replied Mar 15, 2015
Hi Martin, Didn't take any trades on Friday, I went away for a long weekend I'll be sure to post any trades I take from now on, hopefully they can help. The main thing is just to be patient, it's ok waiting a few days for a setup sometimes the ...
- BeTrue replied Mar 13, 2015
When I first started trading the way I do now, I only ever took longs above the 10 & 21 EMA and shorts below them. Put both on a 4 hour chart and see how many times it would save you. If the market isn't trending there's a simple answer, wait for ...
- BeTrue replied Mar 12, 2015
Exited position, price was stalling too much at area of support..
- BeTrue replied Mar 12, 2015
Stop to breakeven, Feel free to comment or ask any questions.. I like to keep it simple and just wait for the really high probability setups. Sticking to one time frame alleviates any negative thoughts coming in, for me at least.
- BeTrue replied Mar 12, 2015
Lets see what happens...
- BeTrue replied Mar 11, 2015
Could have stayed in longer, but 1:1 target met. Clear rejection of Moving averages, with the overall trend. Thought process is pretty clear: Scan multiple pairs on 4 hour charts Wait for a trend to take shape (even just a very short term trend) ...
- BeTrue replied Mar 4, 2015
AUDJPY Only just made it, but the signal was clear. Would have got in the candle before had I been up, there are enough charts with low spreads to only take trend continuation trades. This stuff works. BeTrue
- BeTrue replied Feb 25, 2015
Apologies if my comment came across as critical, counter trend trading can be very profitable. I just prefer buying/selling the retracements as it's what i'm used to. It's going to take a while getting used to weekly charts, i'm so used to 4h. I ...
- BeTrue replied Feb 25, 2015
Comments on chart;
- BeTrue replied Feb 25, 2015
USDCAD: Attached is the Daily chart, definitely looks like it could be doing something soon. AUDNZD: Last weeks pinbar does look interesting, lets see how this week finishes. Both trades are counter trend which I don't do. Personally I only trade ...
- Weekly Chart Trading
I only trade the 4 hour chart but recently I have been interested in trading the weekly chart. ...
- BeTrue replied Feb 25, 2015
Should have trusted my instinct!
- BeTrue replied Feb 25, 2015
Don't normally wake up for 6 am candle but recently there's been quite a few signals at that time. I was tempted to long the euro with 15sl 15 tp but there's not enough of a signal there for me. Everyone have a good day's trading! BeTrue
- BeTrue replied Feb 24, 2015
Price moved much quicker than I expected, perhaps news related i'm not sure. Anyway, it was a ranging market and it produced a pin bar off a double bottom. Obvious signal. 1:1 Achieved. I only target 1:1 because it means I can just set and forget it ...
- BeTrue replied Feb 24, 2015
You would be much better off looking for just one method and master that. It's hard enough finding one method, let alone 5... I wish you all the best, BeTrue