Patience, let the trade come to you.
Break Out + Pull Back & Pure Break Outs 59 replies
BB break + trendline break 24 replies
DislikedReally great system, thanks for sharing. Can you go a little more in detail about trade management once you in a trade? As you trade without stoploss when do you decide to close it for a loss?Ignored
DislikedGreat. So you only take short positions, you never go long? From your charts I often see reversals to the upside, but you do not trade them? When do you exit if the trade goes against you?Ignored
DislikedGBP/CAD reversal. Note: When you can draw a line at the tip of the end of all the EMA'S that's usually a pretty good indicator that the reversal is going to happen soon. If you use EMA'S. If you're having trouble drawing the level boxes, switch over to the line chart and you'll see the levels clearly. {image}Ignored
Disliked{quote} Can you please explain what you mean by that? I mean, you can always draw a line at the ends...Ignored
DislikedGBP/CAD reversal. Note: When you can draw a line at the tip of the end of all the EMA'S that's usually a pretty good indicator that the reversal is going to happen soon. If you use EMA'S. If you're having trouble drawing the level boxes, switch over to the line chart and you'll see the levels clearly. Note: At this time GBP/CAD is at 169.500. Don't get caught up in the " MM " up and down moves for the last 3+ hours. These are his tracks that he has left behind for you to see. This pair is going down. I sold it at 1.69700. {image}Ignored
Disliked{quote} Why did you sell at 1.6970 (which is awesome) and not when price was leaving the reversal box and going down? I would like to hear your thought process behind it.Ignored