DislikedHadrys, may I ask what your typical R:R ratio is when taking a trade? And what do you describe as "so obvious, if it is 200 I take 200" ? How do you know it's gonna be 200 and not more?
Thank you, and happy tradingIgnored
How do I do it? Simply trade bounces in the channel and find support/resistance but you need some experience to catch something big like the last 150 pips move up on Cable which went through the whole channel and was a countertrend trade!
DislikedHadrys, I have not tried longer term trading yet, but I intend to run a demo account in parallel with my live account where I make several small trades each relevant day (not today though). I understand your point about the spreadsheet with regard to longer term validity. I see Dexis table as a way of confirming to me if I am really hacking it on the shorter term stuff.
I will check out the thread you advise as I actually think I am probably better suited to the longer term trades.Ignored
Read Jacko's posts carefully, this guys knows what he is doing but first check out H4/Daily chart of GBP/JPY, USDJPY, USDCAD (!!) in zoom level as my chart (that's not my working zoom).
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