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Trading is as simple as 1-2-3

  • #5,261
  • Nov 27, 2017 9:15am Nov 27, 2017 9:15am
Quoting netas369
How much pips you bank by day or a week? and its no matter from what time to trade?
Knowing what someone earns wont help you. Again read from post one. Answers are there if you take the trouble to read from there.
every Saint has a past. Every Sinner has a Future
  • #5,262
  • Nov 27, 2017 9:39am Nov 27, 2017 9:39am
Attached Image (click to enlarge)
Click to Enlarge Name: TooSlow1.png Size: 56 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #5,263
  • Nov 27, 2017 10:36am Nov 27, 2017 10:36am
+80 with both shorts GU and EU
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: 27.11.EURUSDH1.png Size: 56 KB
trading is like dancing, don't think and just listen to the music!
  • #5,264
  • Nov 27, 2017 12:09pm Nov 27, 2017 12:09pm
Just stumbled on this thread.
Good, common sense approach. Don't understand why people insist on making life hard for themselves by filling their charts with all sorts of rubbish that is only really telling them what happened x amount of periods ago.
Nice work
Where price is now, it has been before, and will be again.
  • #5,265
  • Nov 27, 2017 4:24pm Nov 27, 2017 4:24pm
Quoting birdland
+80 with both shorts GU and EU {image} {image}
Hi birdland. How did you filter just these two trades? There were several other opportunities on EU and GU. Both trades were also taken over yesterdays high which is considered as breakout and should be traded with caution. Correct me if I am wrong . There was also no test of high on EU. It went straight down.
  • #5,266
  • Nov 28, 2017 2:29am Nov 28, 2017 2:29am
Quoting majrou666
{quote} Hi birdland. How did you filter just these two trades? There were several other opportunities on EU and GU. Both trades were also taken over yesterdays high which is considered as breakout and should be traded with caution. Correct me if I am wrong . There was also no test of high on EU. It went straight down.
experience. i use ALL my knowlegde what i learned in the last years.
trading is like dancing, don't think and just listen to the music!
  • #5,267
  • Nov 28, 2017 3:17am Nov 28, 2017 3:17am
Attached Image (click to enlarge)
Click to Enlarge Name: 1128ej.png Size: 17 KB

Short EJ +5 locked
  • #5,268
  • Nov 28, 2017 3:19am Nov 28, 2017 3:19am
Attached Image (click to enlarge)
Click to Enlarge Name: 1128eu.png Size: 20 KB

Ditto EU +5
  • #5,269
  • Nov 28, 2017 4:02am Nov 28, 2017 4:02am
Quoting hal7
{image} Ditto EU +5
Hi, hal7 do you also take trades only based on your experience or do you have any filter? I usually take 2-3 loosing trades compared to 1 winning trade (mostly finished with 5 pips). Both your EU and EJ trades tested the daily high just a little... I try to wait for some "better" test and so I miss good trades.
  • #5,270
  • Edited 5:38am Nov 28, 2017 5:23am | Edited 5:38am
Quoting hal7
{image} Ditto EU +5
EU now made a new low for the day! I'm currently in a buy 2 pip
Attached Image (click to enlarge)
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  • #5,271
  • Nov 28, 2017 5:50am Nov 28, 2017 5:50am
Quoting majrou666
{quote} Hi, hal7 do you also take trades only based on your experience or do you have any filter? I usually take 2-3 loosing trades compared to 1 winning trade (mostly finished with 5 pips). Both your EU and EJ trades tested the daily high just a little... I try to wait for some "better" test and so I miss good trades.
You just have to experiment, watch the price movement, make trades, learn. There really are no sure things in trading I have found. Just try to avoid the losses and take advantage of a move. The basics of this are simple and straight forward. The key is taking advantage of the sustained moves when you get past +5 if they show.
  • #5,272
  • Nov 28, 2017 9:46am Nov 28, 2017 9:46am
Hi all,

Very interesting post. Question, when is the best time to be trading this? London? US session? I am from Singapore so im awake London and half of US session. My concern being, since this strategy is very High Low dependent, obviously, we cant possibly start trading this right from the start of the daily candle at 1700 NY time? We need to let the range establish itself first so my question is usually by when would it be a good time to start lookign at the chart. And what happens if its a really strong trending day for the pair and constant lows/ Highs keep getting made every other hour with only small retraces ? wouldnt then that wipe out the trades as we keep taking them? Perhaps someone or the thread start who has much run time with this system can advise if they have had to deal with such situations and some suggestions. Cheers and green pips to all!
  • #5,273
  • Nov 28, 2017 3:19pm Nov 28, 2017 3:19pm
Quoting hal7
{image} Ditto EU +5

Hal, you never got OTM?, because i see you got +5 pips everytime
  • #5,274
  • Nov 29, 2017 1:42am Nov 29, 2017 1:42am
GU looking interesting adr at 70 and just popped dr1 (.00)and pulled way back
  • #5,275
  • Nov 29, 2017 2:59am Nov 29, 2017 2:59am
Quoting Bigindoda
{quote} Hal, you never got OTM?, because i see you got +5 pips everytime
I'm not sure what OTM is, so I don't know if I got it or not. On the EU yesterday I took 50% at +5, the other half went to a trailer and got stopped at +14. The EJ same 50% at +5 trailer stopped at +17. Had I not gone to the trailer on the EJ it ended up running +76, those are the ones I like to latch on to for the ride.
  • #5,276
  • Nov 29, 2017 3:03am Nov 29, 2017 3:03am
Quoting hal7
{quote} I'm not sure what OTM is, so I don't know if I got it or not. On the EU yesterday I took 50% at +5, the other half went to a trailer and got stopped at +14. The EJ same 50% at +5 trailer stopped at +17. Had I not gone to the trailer on the EJ it ended up running +76, those are the ones I like to latch on to for the ride.
Hal you devil keep it up... just destroyed EU I was in heavy long
  • #5,277
  • Nov 29, 2017 3:06am Nov 29, 2017 3:06am
Quoting hal7
{quote} I'm not sure what OTM is, so I don't know if I got it or not. On the EU yesterday I took 50% at +5, the other half went to a trailer and got stopped at +14. The EJ same 50% at +5 trailer stopped at +17. Had I not gone to the trailer on the EJ it ended up running +76, those are the ones I like to latch on to for the ride.
gu was too fast for me BUGGER. ARGH!@!!!
  • #5,278
  • Nov 29, 2017 3:09am Nov 29, 2017 3:09am
Attached Image (click to enlarge)
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Long EG +7 locked
  • #5,279
  • Nov 29, 2017 3:17am Nov 29, 2017 3:17am
Quoting wannalearn12
{quote} gu was too fast for me BUGGER. ARGH!@!!!
Same here, I was distracted with one of the other 4 methods I use and totally missed it. Who has time for this? But that was a good one....ugh. I think there will be other trades though, and my EG is all ready to +11 so I switched to a 10 trailer time to get stopped out
  • #5,280
  • Nov 29, 2017 3:20am Nov 29, 2017 3:20am
Wait a minute I am in the GU short from last hour HOLO. It's +10, no big deal.
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