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Attachments: Trade with 60
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Trade with 60

Calling a day 0 pips
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Trade with 60
last 2 days 0 + 35 overall -20 for the week
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Trade with 60
Today +2 Dont have time to watch the trade. Had a chance to close at +20 but heh... Calling a week for -18
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Trade with 60
Quoting kumetto
{quote} The exits that I made is taken like this: If trade gone in profit more than 90-100 pips then I set SL when oposite signal occurs.If the profit is less then 90-100 pips I set PO as hedge.Sometimes I've closed trades just because target sum of 100$ in net profit was reached. I've just aiming at large portions of pips to take and atleast not to lose.Sometimes BE is profit too Good luck P.S. No weekly or daily targets.My target is min +400 a month.All after that is a bonus
Hello Kumetto,
What does PO mean?
What a disgrace. $299 and this guy has no idea at all.
Holy moses. Cannot believe people think THIS is a good strategy. Laughable. "We dont know where market is going" lol yeah just take all candle stick patterns and one will work eventually LOL. Great risk reward just awesome NOT. Omg. Trading is hard work you must learn auctions ng of price, what drives your market, when to trade understand yields, commodities, news sentiment bias and most of all volume. Cycle of market and then and only then HOW TO TRADE AS IN ORDERFLOW. Ffs. You think a candlestick pattern is gonna work? Seriously this guy is an ahole for chharfing money on a topic he HAS NO IDEA ABOUT. Far out. Cannot believe this shit.
High of the day and low of the day???
holy shit you myaswell draw any line on a chart like fibs bollinger bands. Some days you win some days you lose. You cant afford to lose in this game. Not as a retailer. You have commisions spreads and psychology and no decent hedging. Therefore you better do a little more work than a line on the chart. HOD AND LOD??? they correlate sometimes due to the real faxtors .but sometimes aint good enough and your focus should be on the real factors not a byproduct of them cause youll always enter the trade niave and complete gamble. DO NOT PAY THIS GUY A CENT. Worked at a firm?? Maybe he did banks dont give out their secrets to juniors ffs. They seperate everyone. Workong at a trade firm means nothing.
Quoting Checkz
{quote} Hello Kumetto, What does PO mean?
PO=Pending order
Trade with 60
Quoting WolGod
High of the day and low of the day??? holy shit you myaswell draw any line on a chart like fibs bollinger bands. Some days you win some days you lose. You cant afford to lose in this game. Not as a retailer. You have commisions spreads and psychology and no decent hedging. Therefore you better do a little more work than a line on the chart. HOD AND LOD??? they correlate sometimes due to the real faxtors .but sometimes aint good enough and your focus should be on the real factors not a byproduct of them cause youll always enter the trade niave and...
Hey WolGod, you seem to have some issues with the TW60 approach being too simple. I'm guessing that you have some pre-conceptions that trading has to be hard work, complicated and sophisticated for it to work. All I can say is that during my ten years as a professional strategy developer for a very large fund, we found that actually it's the simple methods that are the most robust and future-proof.

As far as the TW60 method is concerned, I'm a member and all I can say is that the chief trader there is one of the most consistent traders that I have ever come across and his take on trading and market psychology is always worth listening to.
Quoting kumetto
{quote} PO=Pending order
Thanks
God morning
I read the topic.
I have trouble understanding the precise rules of openness.
In H1 on EUR USD for example H1:
1-We trace the highest lowest of the Asian session
2-During the london session we look at the lowest highest (usually the price will go beyond the high / low Asian session)
3-We open Pending Order position (with a margin of some pips) if last candle changed color, high / low last candle and SL high / low last candle ?
4-Independent exit rule


On H4 D1, we open a conditional order on the top / bottom of the last candle, if this candle has changed color?

I do understand the precise rules of entry ... can a person help me understand in writing?


the method looks so simple! Congratulations to its creator.

It's a shame there is more post for a long time.

Do you still use it?


thank you very much
Corinne
Could you tell me if that is correct?

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Yesterday trade ended in loss

Today :
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Modified order ...
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Yes,youre doing it OK. I suggest you to find more volatile pair like GBP/JPY. I will draw you chart.
Trade with 60
Quoting kumetto
Yes,youre doing it OK. I suggest you to find more volatile pair like GBP/JPY. I will draw you chart.
You can start just after London open or Frankfurt open or you can wait for Asian session to be broken and start from the bottom or the top like you did.
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Trade with 60
@fleurdelys this is GJ yesterdays example. The only winner for yesterday is the last trade but not always price goes like that.Its up to you to test and find whats suits you. Happy pipin'
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Trade with 60
@Kumetto

Thank you very much for your messages / help! Nice charts
I understand better how to do it.
I will then focus on more volatile pairs like GJ!

I had 2 questions:
1-Regarding your MM you open every time 1 lot whatever the level SL? Or do you have a predefined% risk? (eg 1% per trade)
2-In H4, D1, it's the same method, but we do not take into account the Asian session is that?

Thank
Yesterday on EU, big volatility!
Nice profit!
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I have never known such a simple method!
Quoting fleurdelys
Yesterday on EU, big volatility! Nice profit! {image} I have never known such a simple method!
The lots size is unchanged whatever is SL,this is crucial don't change lot size
Trade with 60
@ kumetto
thank you
I heard in a video of Darren this .... I was wondering if I misunderstood!
Indeed the risk management and the way we learned to establish our money management is totally different!
So if one day I have a stop with a big candle, I will risk more than if another day is a small candle ....
But that's fine, because so big candle before, the volatility bigger, so movement to come bigger ....
This method fascinates me!
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