I tend to keep away from forum websites as I find them distracting, I'm sure most of us do. You find a trading system then 3 days later you see another promosing you untold riches from a so called full-time trader. I'm not a full-time trader, I do this part-time and I make mistakes like anyone else.
I tend to use higher time frames. Analyses tends to be daily or weekly, entry tends to be daily or 4hr. however if i'm free for time and chart watching i'll enter as low as 5min. My trading style revolves around
- Big RN bounces
- trend line breakout/returns
- 'fakey's' or zone pullbacks
- HH, LH or LL, HL breakouts
- 200 ma trades
I use 2 different brokers, only one of these uses MT4 (my prefered charting). So some of my pic's will show entries while others will not.
I will try (time permitting) to show trades i'm looking at and why.
Trades I'm currently in:
GU SHORT 1.6140 (SL at BE) currently +170
GJ BUY 155.07 (SL at + 135)
UCad BUY 1.0276 (SL at BE) currently +88, TP at 1.0472
ANz SELL 1.1384 SL 1.1449 TP 1.1229
CJ pending sell 94.52
some pic's to help explain these entries