Hope you saw it. Just took 12 pips
DislikedHope you saw it. Just took 12 pipsIgnored
DislikedI took this one one USD CHF
entered at 1.2150 exit at 1.2165
Would you consider a short trade like this - if the move is slowly upwards?
DislikedIt was one of those setups that looks OK eventually. Look at the 21EMA flattening out. If there is no movement in 5-6 bars get out as close to breakeven as possible.Ignored
Yesterday and today I did miss a few nice trades because one tends to concentrate on too many pairs. I think one should concentrate on just the EUR$, cable and JPY$.
In future, I am also going to use a buy/sell limit order rather than a market order. Once a chart/pair comply with my rules, I am going to put a buy/sell limit order (to enter correctly) at just above/below 21MA. I tend to miss by entries by a pip or two when using market orders.
Obviously one needs to changes the orders as the chart changes (value of 21MA changes).
How do you enter your trades?
Great trade - I see you do love that pair. Any reason why? I haven't look at it.
Disliked$/CHF and $/Y are my favourite pair.
No specific reason. I find the best trade with this two pair.
From the next week i'll try to keep a journail of my trades
i know what a limit order is , what is a market order
DislikedAfter chasing ghosts in FOREX, I have been following this system since the beginning, and it has been working out very well. I recommend we start a chatroom or live conference system for live trading this system.
I would be happy to look into it if there is interest.
i forget to ask ,
was ,nt the 50 sma to flat for a trade?
DislikedCan someone please link me to the meta trader file that places the dots on my charts when an optimal buy or sell set up occurrs.
DislikedI'm a new person to this forum but have been on the 4hr for a while. I think I will like this method better. We could do a live trading on paltalk as I have been involved with one there. Only problem it would be a open forum and someone has to bounce out intruders. I am more concerned with how many different time zones are we dealing with and what time to talk. Personally I'm on the west coast but I can tell by the times of the messages that many are on the east coast.
Read any successful personís biography and it goes like this: struggle, struggle, struggle, small success; struggle, struggle, struggle, small success; struggle, big struggle, struggle, BIG SUCCESS. See setbacks as proof of your future success. What makes anyone think that trading is any different?Ignored