Yep had a ok day myself...dont forget bank holiday in the UK so not much movement...
I only traded GU last night got 25 pips and the rest were BE.
I only traded GU last night got 25 pips and the rest were BE.
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DislikedIn long GU and short UC right now....GBP is STRONG tonight! if i could trade GBP AUD i would....Ignored
DislikedMorning!
Today had 2 long pending orders GBPJPY.
Attachment
They triggered about 40 mins ago.
As a result First trade was closed +50 pips, The Second one is active and SL moved to +40pips from entry point.
Today is a good day and it seems UP trend is strong.Ignored
DislikedFrom a closer perspective about this strategy, I think exiting with just TP of 20 pips with more lots work absolutely fine. What do you all think about this?Ignored
DislikedThis is still one if the best strategies around.
GU this week = 3 winners + 2 losers.
If you study the characteristics of gu and apply it with this strategy, you can be very successful.
Still up 11% for the week.
Unfortunately after 7 years of trading I can tell you that set + forget does not work all of the time. You also have to use your brain.
The only way to get a forex brain is screen time.
The good news is that this strategy works, but you first have to understand forex.
Trust me, the pips will follow you., but then you must WANT to...Ignored
DislikedIt sure does! Im still backtesting my on variation of this system and so far in 09 my win % has not gone below 85% with my average win % being 93....
i agree though that you still need to know when not to trade and be able to watch the market to keep your odds highIgnored