DislikedThanks Emm , when I read your post I looked at eu/nz , I had never traded this before -- and then I never made so many pips so fast before as this trade (78 pips ), You are awesome trader . I also made 23 on GJ long , closed at res on Daily line I put in previously.Ignored
78 pips... I am glad to be a small contribution to your win.
Big E is right. Trading H4 is less stress and we don't have look at our charts so often. Once every 4-hours is good, just need to know when the H4 candle closes and a new one open. Just like what Big E said, look at recent support and resistance. Look at how price reacts at those '00' level. Learn how Big E look at consolidation on his trading charts. he mention this in 31 posts.
Suits my lifestyle perfectly being retired. I don't need to look for precise entry on M15/M5 ... that's too fast for me.
It is all about entries and exits, money management is an important component in a winning system.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett