OK I'm gonna post back here this one last time, this is starting to look like a journal now and it's not the right place. Anyway I don't see any point in talking to myself on this thread. Results for week 6 trading this strategy: 7 trades, 7 winners ...

Thanks for the encouragement. To me it seems obvious to analyze all my weeks trades at the weekend, winners and losers. I can't think of any other way to improve my results??? This week was successful 7 trades Trade 1: Buy EURGBP = went straight to ...

I never had a demo of 1000K When I first started demo trading 100K was the default demo account size. So that's just down to no experience or knowlege at the time. I've since traded demo accounts around the same size a real accounts I have or ...

Ahh I should have been clearer - the trades were all on the same pair and in the same direction (or so I thought!) but at different times. One trade at a time. OK so this week was a small loss in the end!! First three trades hit SL. . When I ...

I use an EA to do this. I select buy/sell at market or Buy/Sell stop/limit. I enter the risk % and then drag the lines for my chosen open price (unless i buy/sell at market of course on which case I can't move that) my TP and SL to where I want them ...

OK fair answer. I'm not bragging I just want to know how I somehow buck the trend. I never clained to be extraordinary. I assume you are saying I am just risk adverse, even on a demo account? I made £12000 on the 100K demo over 3 months. In my ...

Hi guys Just thought i'd pop in to my thread with an update Only 3 trades for me so far this week and they all hit my SL. They were all short on GBPUSD. Two of them gave me the chance of some profit maybe 50% towards my TP before turning around on ...

Not a good day for me: 2 short trades, both valid setup for my strategy First one went straight up to my SL, 33 pips (actually peaked at 36 pips) Second one was 21 pips in profit (heading for my 48 pip TP) when that spike suddenly took out my SL ...

May proposing second referendum?

Closed my Sell order - waiting for news 5 mins.

Well at least I have a setup now. Order placed and just waiting to see if we get a retest around 1.2710 then I'm in short. This could be a false break though. I'm much more inclined to short a break to the downside than buy one to the upside at the ...

Hi guys I'm new here to this thread Looks to me like we are possibly in a period of consolidation with a range between 1.27127 and 1.27607 I only placed one trade today, Bought cable and hit my stoploss I'm not intending to trade again until i see ...

@matjaz Yes I know I already said the sample size is too small in my own post No I didn't say my strategy is trend following. I said I use trend and cycles on higher time frame to help determine direction on lower time frame. I could be trading with ...

Hi TooSlow. What part of what I am doing here is being affected by hindsight bias? Rich.

I can easily set up a demo account to do that but I'm not sure how that would be any different than analyzing the previous weeks trades to check if they would have reached my original TP (which was set when I opened the trade so I can see where it ...

Thanks Oldtraderman, that is an exact description of the process that is going on in my head during the trade! I do already start each trade with a predeifined SL and TP based on fibonacci levels which is what my strategy is using. By the way I am ...

Hey thanks for the input guys My account is a bit over 25K. I've decided to stick with 0.5% risk per trade for now, however I may try 1% later depending on results over a few months. I have tried the stoploss to zero technique once I'm halfway to ...

Interesting mate. What's your average TP in pips? I assume the SL is the same number of pips if you have a 1:1 Risk Reward ratio?