eyes will be on nzdusd by the end of this week.
Attached Image (click to enlarge)
- #809
- Apr 20, 2011 11:53am Apr 20, 2011 11:53am
Nomask,
When are u planning to take profit or move SL to lock profit? 1.5, or any strategy?
It is very tempting to take profits. hahah currently up 350+
I sincerely respected your rules, however, no one knows when market is going next even we analyze it.
Just moved my SL to BE + to avoid the saying "never let a winner turn into a losser" ( I know you never move your SL )
I do believe it will still go up more since it just broke though another level. (Actually it never closed above the level).
Anyways, chart:
When are u planning to take profit or move SL to lock profit? 1.5, or any strategy?
It is very tempting to take profits. hahah currently up 350+
I sincerely respected your rules, however, no one knows when market is going next even we analyze it.
Just moved my SL to BE + to avoid the saying "never let a winner turn into a losser" ( I know you never move your SL )
I do believe it will still go up more since it just broke though another level. (Actually it never closed above the level).
Anyways, chart:
Nomask,
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.
We covered the whole method with weekly/4hr even 5min. analysis and live trades in 55 pages.
and to be honest YOU DO NOT NEED TO READ NEXT PAGES AFTER THIS POST.
Problem of the most threads in ff is that They don't put a dot for you to realize where the method explanation ends.
THIS IS A DOT.
You have analysis,entry rules and exit in your hands.
No need to make things complicated.
REMEMBER IF YOU CONFUSE YOURSELF
OR TRY TO CATCH EVERY SINGLE MOVE
YOU WILL LOSE YOUR MONEY BIG TIME.
You have witnessed that its possible to catch over 1000 pips by risking 6 pips..
This is the fact and I'd suggest anyone to think about it.
The Market (big guys,brokers,stop hunters,fund managers,banks) want you to risk more.
Don't fall into their trap.
Wait until you see the direction they're headed (Its weekly timeframe)
Wait until you see something medium term traders might be interested to take action (4hr timeframe)
Wait until you see something good for day traders to give us a initial boost to move our entry to break even (5 min timeframe)
By doing this you are being long,medium and short term trader at the same time.
Doens't that just sound cool
Good luck all and thank you all for your continued interest to this thead.
and to be honest YOU DO NOT NEED TO READ NEXT PAGES AFTER THIS POST.
Problem of the most threads in ff is that They don't put a dot for you to realize where the method explanation ends.
THIS IS A DOT.
You have analysis,entry rules and exit in your hands.
No need to make things complicated.
REMEMBER IF YOU CONFUSE YOURSELF
OR TRY TO CATCH EVERY SINGLE MOVE
YOU WILL LOSE YOUR MONEY BIG TIME.
You have witnessed that its possible to catch over 1000 pips by risking 6 pips..
This is the fact and I'd suggest anyone to think about it.
The Market (big guys,brokers,stop hunters,fund managers,banks) want you to risk more.
Don't fall into their trap.
Wait until you see the direction they're headed (Its weekly timeframe)
Wait until you see something medium term traders might be interested to take action (4hr timeframe)
Wait until you see something good for day traders to give us a initial boost to move our entry to break even (5 min timeframe)
By doing this you are being long,medium and short term trader at the same time.
Doens't that just sound cool
Good luck all and thank you all for your continued interest to this thead.
- #818
- Apr 21, 2011 5:38am Apr 21, 2011 5:38am
- Joined Oct 2008 | Status: Just be the witness. | 1,089 Posts
Nomask, thank you for the excellent building blocks of your strategy and your comprehensive summary in the last posts.
All praise and thanks goes to you.
Many pips to all and Happy Easter !
_________
michael
All praise and thanks goes to you.
Many pips to all and Happy Easter !
_________
michael
Be like water.