Horizontal Lines on Round/Major Numbers? 28 replies
execution time for major broker, major pairs 3 replies
Trading With Speed Resistance Lines 12 replies
Trading With Median Lines book 1 reply
Dislikedsince the next candle after the setup candle might be a pullback,its not best to play on it.
when I miss a 4hr setup I look for a new setup.Ignored
DislikedThis post could have saved me a lot of pips this week. This is my first week live trading this method and I've taken every decent looking 4 hour candle for just about every currency pair. It has resulted in some pretty disastrous consequences.
The reason I've done this is, because of my day job, I only have very limited time to trade. I can only trade NY open (8am EST 4hour candle, the asian session up to London open at the latest. These 4 hour candles seemed to be the "best I could get". This morning's news affected USD/CAD and EUR/USD quite...Ignored
DislikedDo not try too hard to see.
If it is not easy to see then it is not easy to trade.
If it is not easy to trade then it is not worth to trade.
If it is not worth to trade then you will be wasting/losing your money.Ignored
DislikedHi Jason,
Patience is a virtue, especially in this business, I have day job and...Ignored
DislikedThis post could have saved me a lot of pips this week. This is my first week live trading this method and I've taken every decent looking 4 hour candle for just about every currency pair. It has resulted in some pretty disastrous consequences.
The reason I've done this is, because of my day job, I only have very limited time to trade. I can only trade NY open (8am EST 4hour candle, the asian session up to London open at the latest. These 4 hour candles seemed to be the "best I could get". This morning's news affected USD/CAD and EUR/USD quite...Ignored
DislikedHi Jason,
Patience is a virtue, especially in this business, I have day job and therefore I am in the same boat as you. I got burnt too when I first tried out this method with my personal twist, i.e. take every green candle as set up (guilty as charged ). because I felt that i may be missing the boat. however, what I realized is this, by taking a green candle that is not the bottom turn of the retracement or a breakout candle, I am risking more in the sense that the bull will run out of steam sooner, but most importantly, that my position have...Ignored
DislikedNomask,
I m following your method ever since it broke 1.4. up 230 now(one and only position), it was bumpy, almost got taken out last week.
Normally I would have taken the profit, but I truly believe your system.
Let's see how it goes. Thank you.Ignored