Anyone have any questions while i am still here. Remember this phrase and you will be able to trade this easily find the trend wait for the pullback set entry order hit target. BE SELECTIVE!!!
Anyone have any questions while i am still here. Remember this phrase and you will be able to trade this easily find the trend wait for the pullback set entry order hit target. BE SELECTIVE!!!
Ignored
Let's see.......$8,000/pip ,
15 pip tp/sl
3% risk
s/r s/d strategy
trend trade
End London, Begin NY session
5 min charts
Yep that'll work!!!! I love the smell of winning pips in the morning.....
Hi FxPivots, thanks for opening eyes ! Today started to try (demo) this system.
EU session - green line - price at low
blue line - 2x consecutive closes below, more than 1 pip
red line - trade to go short
That would be a proper execution, however, I happened to enter too early when price pulled back after blue line, then price went up to hit the stop level. As instructed here I entered reverse trade to try for BE. It was successful.
But when price was as proper level when original trade should have been opened I placed pending order for short. It went down straight to hit TP.
So result is plus 15 pips.
Thanks a lot FxPivots again.
Will practice to get a proficiency in this system.
PS: Just now there was another pullback and possible entry short at 1.30926 ! TP hit 2nd time today. (did not place trade though)
Here is my trade from pre NY session, was there any reason you would not have taken this trade fxpivot, down trend seemed pretty nice, so I thought it's valid.
Ok first snail couldnt make out anything with your charts. The easiest way to post charts is use a metatrachart put you words and lines on it then click the key next to f12 0n your keyboard then go to accessories and click paint then click paste then hit the x in top right click save give it a name and save to desktop. then on here when you post click manage attachments. Ok mr smith that would have been ok. In my view market kind of chopped down. I call this the local train trend. I rather catch the express train trend and get that pull back.
Hey Fx how do you filter out the choppy days, I mean is there a way that you anticipate the range day? Thats what kills accounts! I saw setups today on the eu, but in hindsight they did not work out. How do you deal with this?
