We have a brakeout!
Peace
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Creating my Trading Plan + My Trading Journal 27 replies
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Azzity's Trading Journal III (Azzity's 3/30 Trading Method) 9 replies
DislikedWell then I need to look for some another trick to trade off 5 minutes charts...lol New looking for, new researching
I just can't wait for my trade if it goes for more then 3 or 5 hours.... lol i like things faster. I did try "system II" trick, but seems last time eur/usd is moving more between support and resistance, boucing and breaking... Need to construct sometrick to trade. That fade trade was one of my researching trade lol...
Best wishes! Dmitriy.Ignored
DislikedTime frames are pretty much a matter of personal taste. I've been trading on 30 minutes, probably over a year now and couldn't be happier. But its up to you my brother. I always suggest to get whatever timeframe suits your comfort level.
If you're on "system II" The trick would be adjusting your bracket if market conditions are bouncing. "System II" is all about catching small moves within larger one's. Once in a while you hit a runner. I tell you, December is just around the corner and liquidity goes slim. Meaning, the market will be somehow...Ignored
DislikedOh brother!
That's an answer I was looking for... again and again I get that nothing is for sure in trading.... One could not construct some rigid system and go with it... Every time trader need to be careful about the current market conditions, and based on them adjust its own trading. So - only going with the flow could help us to keep the head above the water!
Thanks man!
P.S. - if I right get what the "adjusting bracket" means - is adjusting distance for stop-loss and for profit target. Right?Ignored
DislikedHi Feb....
How is it going on?
I see market is treating you as well as usual..hehehe
Glad to see you out of your beloved cave again, and rocking it...Ignored
DislikedBy the way...
Congratulations with Thanksgiving Day!!!!! )))))
i saw it just 10 min. ago on TV...Ignored
DislikedThanks Dim!!
Here having the usual turkey - Trading off my android phone. I can't believe how technology indulge us. It's funny, the house full of people screaming and shouting etc. Here I am silently making dough hahahahaha!Ignored
DislikedDim - This is for you.
Charts on 5 minutes - a rejection area with a 1.5:1 risk ratio.
Not a great reward but still workable...Ignored