Every single week closed with positive pips

Hello traders,

I decided to post some of my trades. I trade on real account with this strategy. Here is my first trade I just entered: (Buy GBP/USD 1.6282 stop: 25pips, limit: 60-80pips target) I will place with more updates...I moved stop to 1.6277...

TPL (take profit level) for this trade 1.6351...I am planning close @ 1.6343-46 level

What strategy?

Also, if you are just going to put your calls in this thread then have it moved to the journal section. It doesn't help anyone if they cannot learn how you trade and apply it on their own.

Just hit strong RL...1.6303 was strong sup. and know it's a strong Res. level...if it brakes we will get out TP target...

I used strong sup/res levels with MAs + Fib...if all 3 get together then I enter to the market...

This is why i entered. just quick explanation for this entry:
I have 3 combination for this strategy:
1) S/R levels
2) 80EMA on 15 min. chart and I use 6min. & 14 min. charts wuth 300 TMA & EMA
3) 50-78% Fib.
If all 3 confirms I enter to the market with 15-30pips stops and 25-80 pips limit

frankfurt just open with a bang i think.

I take 25-30pips on many trades, if you want you can close, but I am still in on my real account, I think it should be good trade with take profit...

I closed this trade +45pips...

reason why I closed little bit earlier:
it hit smal TPL (take profit level) and I was not sure if it will break it...I like trade safe...
1.6346 strong RL

Just touched perfectly TPL (take profit level) 1.6340 will bounced @ least 25-30 pips from this level...but it's very strong RL it might change direction if it breaks 1.6292...

I am planning to enter on Buy again around 1.6315 good sup. + 50% fib and Mas confirms...20 pips stop, limit 30-40pips...

i'm with you

Hey guys, I have placed entry order on 1.6317, 20pips stop and 45pips limit, you can do same...but I will keep order OPEN for 40min...I will cancel after that...

I canceled my trade...I entered on my mini acct. @ 1.6332 on buy with 15 pips stop and closed on +20pips, but I will post ONLY trades I entered on my big live account...done for today...till tomorrow!!!

Hope to see chart explanation as well. Well done FX1

Hi,what is your trading strategy?i mean the perimeters..Can please be more specific in applying your system?Thank u..

Hello Guys, I have been asked to explain more specific about my strategy, Ok:
I use 3 set up confirmation:
1) 2 Sup/Res level confirm with:
2) Fib: 50%-78% any of these Fib levels &
3) MAs combination:
5 min. chart: 75SMA, 130SMA or 220SMA
6Min. chart: 300 EMA & 300TMA
15 MIN. 80EMA
+ on some bigger trades I use RSI but absolutely differently from traditional method ...I am nor good with computer, I will try to post Chart picture or I will ask my partner to do that...he is better then me...

I will Post shortly very interesting Article, I posted awhile ago on one Blog about true Res/Sup levels...

This is the article I posted a week ago on one of the trading blogs about my understanding of Support/Resistance levels:

I would like to take the time and give a few pointers to traders that would like to understand what support and resistance levels the market reacts to more often then not. Since i mainly trade GBPUSD, I will post 2 charts showing what levels to take into account and how the market reacted to them when they were reached.

On our first chart picture we see that the market is down trending and making attempts to go back up and failing…Now stop and take a good look at the points i marked on the chart. If u look closely, I did not take the highest spike up in the rally but i took the second attempt of the market trying to go up. I marked 3 levels on the chart of which 2 of them being already tested by the market. These second attempts at a rally for the market become its TRUE resistance levels. Also, most of the time when the market falls from these levels the first time and retraces to them, it will give its take profit to these failed rally attempts. It is an “N” shaped take profit concept for those that understand Ichimoku charting and the theories behind them.

Here i used a H1 chart to determine these levels, but the higher the t/f chart the more the market will bounce from these levels. This well let you as a trade have a better clue of why sometimes the market hits a certain level which is not a fib. level and bounces but you were waiting for a fib. level to execute your trade. I hope this information will help you as a trader have more incite into what the market is trying to do and in the process make you a more profitable trader.

Hey guys,
before I start trading, I would like to post some important levels:
Resistance: 1.6455 1.6405 1.6375
Support: 1.6195 1.6245 1.6275
Pivot Point: 1.6325
Vital Fibonacci Levels: 1.6345 1.6380