Another potential BO
- #3,059
- Nov 3, 2010 10:22pm Nov 3, 2010 10:22pm
- Joined Oct 2008 | Status: Sailing for pips | 2,099 Posts
Looking on a naked chart, can you pick the best strategy? 32 replies
How do you see trading - Do you see it as a means to an end? 12 replies
Can you tell with naked eyes? 151 replies
Bow's trading journal 2 (almost naked trading on m5) 26 replies
Trading as naked as you can get 0 replies
DislikedHi LG,
Nice long 3 tap and the Cable in the ditch.....This will either be alot of fun or a train wreck.....Good Luck
whipIgnored
DislikedFading horizontal lines.
I know that LG’s method deals primarily with diagonal trend lines and breakouts but the same can be done using horizontal lines of support and resistance. I rarely use Rsi when I trade but it can be applied when fading large lines of S+R just as well
[font=Calibri][size=3]This cable trade last year is typical of how powerful trading S+R can be whether its breakouts or fading a major level as was the case here. This thing happens time and time again and...Ignored
DislikedYes, If one has the patience and the money to withstand the drawdowns--like George Soros.Ignored
Dislikedif i have learned one thing from forex, it would be the more patience you have the less you risk, if you have too much patience though youll miss the trade. but position sizing would be the right idea... if somebody would´ve taken a eur long in sep. you would bank in 900 pibs easily, which would make an 300 pib avarage per month only on eurusd, which i would take for sure...Ignored
DislikedEntered this trade long on the close of an M5 candle outside the resistence line.Ignored
DislikedHi LG just about to kill the 3 tap and get it out of the way.....Cable is just about to come out of the ditchIgnored