{quote} You just need to trade once a day, pick one pair which is Market Type #1 Trending and you can be addicted to this Market Type#1 and make 10% every 20-trading days 20TDC. When you make 10% in less than 20-trading days, your start the new 2TDC again. You objective is to hit 10% average 10 to 15 trading days. In Jan and Feb, I hit twice 10% in an average 12.5days. Trading the 20TDC, you can suffer many losing days, some losing weeks and even a losing month within a 36-months or the 3-years trading cycle 3YTC. What is important is to be profitable...
{quote} You should work up on your risk management, when winning you gain 10-20%, but when you lose you lose 95%. Trading is a marathon as people like to call that, but trading should not be a roller coaster where you are unable to consistently make profit. It is good that you are recovering from the near-blown 5 years ago. In previous post you mentioned you suffer great loss once to twice every year. Hope you are back to break even, that needs 100% gain per year, or 500% since 2017. Hope this account did not suffer great DD during the years between....
{quote} Good luck Havenoidea, {image}Back from holiday, PTO + 1Jul long week off. Post later
a 10 second analysis. 1 position and done for the day
Went long EU, 1H. Trailing stop just hit under 1R. Struggling to get more than 1R profits - with the tradeoff of tight trailing SL vs loose one - dont wanna give pips back hah! {image}
{quote} Very simple TMS setup. AU buy. Reversal trade #647 Trend: down expecting pullback/reversal highs and Lows: first HL formed Rejection: retested and rejected historical lvl (prev L) TDI green cross red, up
Still running {image}
{quote} You can consider to manager your trade exit using R-Multiple and not to move SL to trailing too early before the market move +1R. Using risk 'R' and managing exit with R-Multiple is a proven Exit Strategy for more than 20 years. You can also consider TMS-II multi-lot exit strategy. - take out one lot at 0.5R profit - and fight with the remaining 0.5R {image}
): https://www.forexfactory.com/thread/...1#post13860131
To answer many PMs question on TMS MEME, it would be better for those of you who PM me to read all the post from Week 25 2015. Most of the question on TMS Multiple Entries Multiple Exits were asked by members and I have replied them every week since then. start at Post#58,082 : ====================== Did eelfranz trade with multiple entries? Well he did but he did not explained much much as there were no questions in the past. read his posts in the Craig Harris Stochastics...
{quote} Very risky trade as we can see the H1 was in a consolidation range. And you traded against the Daily and Weekly trend. But that 's okay when you are trading Demo with 6.0 lot There was no True REVERSAL setup with Stoch(8,3,3) signal although your RSI(13)/MA(2) /MA(7) show a cross You buy into two recent swing highs ... resistance! You got lucky with this trade. {image} The best Price Action setup would be to wait for the breakout of the H1 Master Candle high-low range which also broke the recent 2 swing highs. With these type of high probability...
{quote} Very risky trade as we can see the H1 was in a consolidation range. And you traded against the Daily and Weekly trend. But that 's okay when you are trading Demo with 6.0 lot There was no True REVERSAL setup with Stoch(8,3,3) signal although your RSI(13)/MA(2) /MA(7) show a cross You buy into two recent swing highs ... resistance! You got lucky with this trade. {image} The best Price Action setup would be to wait for the breakout of the H1 Master Candle high-low range which also broke the recent 2 swing highs. With these type of high probability...
{quote} 5 trades and 1 of each. Is that 1 of each out of all groups or you occasionally choose 1 or more currency pairs out of a group?
