Hi Everyone - this is my first post so please excuse any screw-ups! I'm in the middle of a trade which appears to be going well. I think I have followed all the rules.
1. Daily Trend - Short (entered trade above open so was cautious but eventually broke that pivot.
2. S&R on the M5 was broken short (two red horiz line)
3. PA below the coral & Cloud
4. MTF Lights giving close to optimum signals (5/6 reds)
Using Cavemanager - once price hit 15pip it banked 50%, Then it traded through to my 20pip target.
My real challenge at the moment is using an effective MM strategy, this was on a demo account for practice with stupid sized lots etc.
Edit: Apologies for the screenshot!
1. Daily Trend - Short (entered trade above open so was cautious but eventually broke that pivot.
2. S&R on the M5 was broken short (two red horiz line)
3. PA below the coral & Cloud
4. MTF Lights giving close to optimum signals (5/6 reds)
Using Cavemanager - once price hit 15pip it banked 50%, Then it traded through to my 20pip target.
My real challenge at the moment is using an effective MM strategy, this was on a demo account for practice with stupid sized lots etc.
Edit: Apologies for the screenshot!