Finally closed out for $9100, up $4100 since the 1st of june.
For limit orders I place them shortly after market opening based on the square setting of 48 and t/p on bosuns weekly on the 4hr timeframe and for scalping I use 15mins.
For scalping I look at the 1hr basket/ and hedge for trend direction then look at the power meter and see which currency is the strongest then look at each pair on the 15min as per 3mw and then scalp adding more orders as soon as closing one out. So if trend is down I am looking for short scalps based around the stongest currency, mon tues happened to be the yen so with a down trend i based most of the trades around the yen.
From tuesday evening I only had buy orders on mostly from previous orders, the trend went long, my drawdown significantly reduced so i closed out this evening.
Be aware that I am not an expert trader and I am still on demo however I have proved to myself that brians methods most certainly work it just takes time. What I would like to do eventually is to just use the spreadsheet and trade4fun/pauls indicator.
Hope this helps.
M.
For limit orders I place them shortly after market opening based on the square setting of 48 and t/p on bosuns weekly on the 4hr timeframe and for scalping I use 15mins.
For scalping I look at the 1hr basket/ and hedge for trend direction then look at the power meter and see which currency is the strongest then look at each pair on the 15min as per 3mw and then scalp adding more orders as soon as closing one out. So if trend is down I am looking for short scalps based around the stongest currency, mon tues happened to be the yen so with a down trend i based most of the trades around the yen.
From tuesday evening I only had buy orders on mostly from previous orders, the trend went long, my drawdown significantly reduced so i closed out this evening.
Be aware that I am not an expert trader and I am still on demo however I have proved to myself that brians methods most certainly work it just takes time. What I would like to do eventually is to just use the spreadsheet and trade4fun/pauls indicator.
Hope this helps.
M.