I personally concentrate only on m15 and EURUSD, and I'd like to aks you a question: how do you determine your TP level? becasue for me this is the key-factor to be profitable in this business.
Candlestick and Pivot Point Day Trading Strategy 3 replies
Trading Candlestick Patterns on Weekly Charts 5 replies
Time Zone for Candlestick Trading (daily candles) 3 replies
Price Action (Candlestick,Fibonac ci,pitchfork,S/R,Trading Range,sto) 152 replies
Candlestick Trading 6 replies
DislikedI personally concentrate only on m15 and EURUSD, and I'd like to aks you a question: how do you determine your TP level? becasue for me this is the key-factor to be profitable in this business.Ignored
DislikedIf it's a counter trend move in an up trend I aim for the previous swing high and vice versa. If it's a "with the trend" move,...Ignored
DislikedHi to all,
Maybe we can organize a chat place in skype to discuss about trade execution,RR,MM and so...Ignored
DislikedThat is a great Idea! A completely free Trading room in skype, I see this working well.
I'll look in to it and try to get it setup, it is much easier that way.
Sorry to all, I've been really busy lately and haven't been able to post much.
see you soon, and don't worry, I have much much more to come.Ignored
DislikedI trade this way too, and I am wondering if you mind my posting some charts setup before the trade happens... as hindsight is always 20/20
The Skype chat room is an awesome idea .. I am inIgnored
DislikedHere is my assessment of £$ for the last ten days and how we would have made money from trading the candles.
First an engulfing: A sell on the next open would make 229 pips with a risk of 90 if the open of the E candle was used.
Next, another engulfing after a pull back: Risk 115 and perhaps made 3 probably eaten up with the spread.
Third, the pinbar from the last trade was engulfed and made 75 from a 45 risk.
Last, an inside bar. A straddle there would have made BE.
What does the final pin bar indicate?Ignored
DislikedIf it's a counter trend move in an up trend I aim for the previous swing high and vice versa. If it's a "with the trend" move,...Ignored
Dislikedhi freedomsg,
How do you do your MM like do you set tp using your MA from what i see or u have other way of doing it? OR you move SL and so.....Would like to hear which one do you use.Also any advice which is better in term to protect the trade.Becoz MM play a bigger role too in trade,even tho if we know how to execute buy and sell trade but doesnt knw how to protect it, then from profiting to lossing...Ignored
Dislikedgbpchf bumping against support line at 1.5200 This also had the added bonus of being a round number and also a pivot point S2. So we have some confluence here .. watch PA at this levelIgnored