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No Nonsense Way Of Trading

  • #1
  • First Post: Sep 4, 2022 11:23am Sep 4, 2022 11:23am
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  • #2
  • Sep 4, 2022 12:43pm Sep 4, 2022 12:43pm
Are you saying you know his way of trading?

To me, his videos seem long on substance, short on specifics

Speaks in guru code, suggests that he knows what to do,

And we must be fools if we don't know what to do

Please enlighten us, looking forward to it

Thanks

It takes a lot for me to IGNORE you, but you can try.
  • #3
  • Sep 4, 2022 12:58pm Sep 4, 2022 12:58pm
There are some differences in how I trade versus how he trades. I use 4H TF, he uses Daily TF. Math is a little bit different also behind SL and TP. The rest is the same, meaning I follow what he told us to do.
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  • #4
  • Sep 4, 2022 1:31pm Sep 4, 2022 1:31pm
Quoting TheWolf
There are some differences in how I trade versus how he trades. I use 4H TF, he uses Daily TF. Math is a little bit different also behind SL and TP. The rest is the same, meaning I follow what he told us to do. {image}
I love the 4-hour for trading.

Looking forward to seeing how you trade.

My problem is that I never could understand "what he told us to do"

Good Luck

It takes a lot for me to IGNORE you, but you can try.
  • #5
  • Sep 4, 2022 10:19pm Sep 4, 2022 10:19pm
He told us to follow the system that we have and let it do it's job. Finally found something that actually works. Definitely better then being glued to the screen all day and scalping. This kind of trading also suits me better.
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  • #6
  • Edited Sep 6, 2022 12:50am Sep 5, 2022 1:45am | Edited Sep 6, 2022 12:50am
EURAUD Short

Update: Took the profit before the rate hike from RBA took place not to risk the profit, while I let the possibility of GBPAUD trade to perhaps turn around, so I don't end up risking 2 trades on the same currency and the news I have no control over.
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  • #7
  • Edited 8:56pm Sep 5, 2022 1:46am | Edited 8:56pm
NZDUSD Long

Update: 1. TP Reached
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  • #8
  • Edited Sep 6, 2022 2:30am Sep 5, 2022 5:19am | Edited Sep 6, 2022 2:30am
GBPAUD Short

Update: SL Reached
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  • #9
  • Edited Sep 6, 2022 2:31am Sep 5, 2022 5:26am | Edited Sep 6, 2022 2:31am
USDCAD Short

Update: 1. TP Reached
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  • #10
  • Edited Sep 6, 2022 2:31am Sep 5, 2022 6:20am | Edited Sep 6, 2022 2:31am
EURGBP Short

Update: 1. TP Reached 2. TP Reached
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  • #11
  • Sep 6, 2022 7:05am Sep 6, 2022 7:05am
Quoting TheWolf
NZDUSD Long Update: 1. TP Reached {image}
SL Reached
  • #12
  • Sep 6, 2022 8:05am Sep 6, 2022 8:05am
Quoting Erebus
{quote} I love the 4-hour for trading. Looking forward to seeing how you trade. My problem is that I never could understand "what he told us to do" Good Luck
Thanks for the wishes and I wish the same for you!
  • #13
  • Sep 6, 2022 8:14am Sep 6, 2022 8:14am
So far out of the 10 trades I took, 6 have reached TP and 3 have reached SL. USDCAD Short is still open. While the price reached the first TP, it didn't reach the second TP, but neither did it reach SL.

Once I get a new signal for any pair, I'll post it here.
  • #14
  • Sep 6, 2022 8:21am Sep 6, 2022 8:21am
If there is one thing I could have improved on and will in the future is that if the price reaches the 1st TP for example, then I will move the SL to the price where initial entry took place, so that I avoid any potential losses which may occur in the future.
  • #15
  • Sep 6, 2022 11:41am Sep 6, 2022 11:41am
Quoting TheWolf
So far out of the 10 trades I took, 6 have reached TP and 3 have reached SL. USDCAD Short is still open. While the price reached the first TP, it didn't reach the second TP, but neither did it reach SL. Once I get a new signal for any pair, I'll post it here.
USDCAD SL Reached making the overall trade record at 65% W/L ratio due to USDCAD trade reaching SL but at entry price as I told I would do from now on if price hits 1. TP, that I would move SL to the entry price. So far, I'm satisfied with how it went. Will be posting new trades soon I believe.
  • #16
  • Edited Sep 7, 2022 7:23am Sep 6, 2022 6:28pm | Edited Sep 7, 2022 7:23am
EURAUD Long

Update: 1. TP Reached

As said, once the price reaches TP, SL goes to the price where initial entry was. Now, even if price reaches SL I don't lose anything. Whether the price will reach 2. TP or not I don't really care anymore since I am at ease now knowing I am not risking a cent.
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  • #17
  • Edited Sep 7, 2022 7:16am Sep 6, 2022 6:41pm | Edited Sep 7, 2022 7:16am
GBPCAD Long

Update: SL Reached
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  • #18
  • Sep 7, 2022 9:15pm Sep 7, 2022 9:15pm
Quoting TheWolf
EURAUD Long Update: 1. TP Reached As said, once the price reaches TP, SL goes to the price where initial entry was. Now, even if price reaches SL I don't lose anything. Whether the price will reach 2. TP or not I don't really care anymore since I am at ease now knowing I am not risking a cent. {image}
2. TP Reached
  • #19
  • Edited 6:29am Sep 8, 2022 12:39am | Edited 6:29am
EURGBP Long

Update: SL Reached
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  • #20
  • Edited 10:21am Sep 8, 2022 6:29am | Edited 10:21am
NZDUSD Short

Update: Had to close the trade in a loss due to a new signal indicating NZDUSD is now long.
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