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- krmo replied Mar 11, 2018
@ aD- I personally made a commitment to Log 5 profitable weeks in my Demo before I allowed myself to go live. Did I have a day or 2 of losses in a week? Of course, but they did not exceed my daily loss allowance and ended the week in the green. Did ...
- krmo replied Mar 11, 2018
For those interested: Sam's Methods work great if you know how to use them. (even better if you can get a copy of his rules) His rules explain why some levels have more strength than others. I am a day trader. I use this method for my over all ...
- krmo replied Mar 12, 2013
Depending on when those 180 minutes are you could go two ways. 1. Find a good scalping method were you take 5-8 pips 3 to 5 trades (remember to include the spread). Use high leverage - 1 Standard Lot ($10 dollars per pip) x 5 pips = $50 x 3 trades = ...
- krmo replied Mar 12, 2013
Mine is from 21:00 to 23:59. I personally don't trade during this time. It resets at 0:00. Why it has been doing this I don't know but it has been going from about 3 builds ago. We should probably post the issue at IBFX support.
- krmo replied Jan 23, 2013
I see a bigger picture down trend with a bullish 2b/ 123 (Green, not White numbers) this could be just a pullback in a down trend. No clean retest of the Green #2 (As there is no price scale was there enough room for the trade from the Green #2 to ...
- krmo replied Jan 10, 2013
My outside attitude definitely effects my trading. At the end of 2009 I had not had a new project for 8 months (architect). Had to close shop after 15 years and go to work for a company. I used to race triathlon, but that stopped with everything ...
- krmo replied Jan 9, 2013
I am seeing consolidation (a tight range of approx. 22 pips). I would like to see a break out and retest before entering. I only see 2 potential trades in that mess. The first you might have got 15 if you were able to hold during a small draw down. ...
- krmo replied Jan 8, 2013
I took the short also. Out at -6 pip. I did not do a very good job of managing the trade. I was very indecisive about what I was going to do for some reason. I think it was because I was unsure of taking the trade in the first place! I was looking ...
- krmo replied Jan 7, 2013
Hi Snail, What I was seeing is a 2b with divergence followed by a 123. So that high (1.3065) became a "resistence" level. I want to be able to hit my target at or near that in case it holds. There was only 12 pips if I entered exactly at the lower ...
- krmo replied Jan 7, 2013
My opinion (and it is just mine!!!): If you zoom out your 5 min chart and look to the left there is some resistance at that level. (caution) Also there has been a strong move up (buying exhausted), so I would want to see a deeper pullback to demand ...
- krmo replied Jan 7, 2013
No trades for me. Close but no cigar! The one good bounce from a level did not leave enough pips to reach target (12 pips). Enough room for me means either +15 pips for a 10 pip trade, but prefer +20 to get 15 pip trade. Sometimes you miss some good ...
- krmo replied Jan 7, 2013
Immediate Trend vs Bigger picture. Sometimes I get caught up in trying to find a trade and forget the bigger picture. This can cause me to be less selective. This is a 5 min zoomed out to see the bigger picture.. Does anyone see the bigger 123. As I ...
- krmo replied Jan 4, 2013
Same graph but with the presence of divergence. See note on chart. Always watch the price action! image
- krmo replied Jan 4, 2013
A simple Graphic of the chart posted by FxP. 2b followed by 123 (H & S) image
- krmo replied Jan 3, 2013
I only show 1 close just after big drop (1st arrow). You then get some divergence followed by a 123. First arrow is now the low level. Then just a few bars ago you get 2 closes below (2 arrows). As I am typing a potential setup has occured. The real ...
- krmo replied Jan 2, 2013
GL, Do you also trade 3% per trade? 15/15 TP & SL? Thanks
- krmo replied Jan 2, 2013
Thanks GL and FX. FX, You trade 3% per trade, do you still use 15 stop/ 15 TP? Post #64 I believe. Also do you tighten your stop up or do you leave it in place? Thanks
- krmo replied Jan 2, 2013
Thanks!
- krmo replied Jan 2, 2013
GL Bummer, that was a nice move out of there. I had a trade stopped out this morning that would have hit my target if I had not moved my stop. I am struggling with whether to get to a free trade/ BE point quickly or let the trade hit SL/ TP. I am ...
- krmo replied Jan 2, 2013
Hi All, This is my M5 zoomed out. I see the bigger trend as currently down heading into a demand level (magenta lines). I am seeing consolidation (yellow box) in a range of +- 20 pips. I think I will wait for a break out either up or down out of ...