I went long on EA. There is still time to get in at the entry price when the bar first opened. Best of luck to use all 
MAY THE PIPS BE WITH YOU!
- #33,662
- Mar 24, 2014 5:33pm Mar 24, 2014 5:33pm
- Joined Aug 2012 | Status: Trader | 18,655 Posts
I went long on EA. There is still time to get in at the entry price when the bar first opened. Best of luck to use all
the cautious seldom err....C
- #33,663
- Mar 24, 2014 5:42pm Mar 24, 2014 5:42pm
- Joined Aug 2012 | Status: Trader | 18,655 Posts
the cautious seldom err....C
- #33,664
- Mar 24, 2014 5:44pm Mar 24, 2014 5:44pm
{quote} I took this instead .Underwater at the moment {image}
MAY THE PIPS BE WITH YOU!
- #33,665
- Mar 24, 2014 5:46pm Mar 24, 2014 5:46pm
{quote} Hey Scorp I have seen this asked before but I haven't seen an answer...what is that indicator on your chart I have pointed out in the pic? Thanks {image}
In the code you can change font
- #33,666
- Mar 24, 2014 5:50pm Mar 24, 2014 5:50pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #33,667
- Mar 24, 2014 6:07pm Mar 24, 2014 6:07pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
Week 2 of my Trade to trade the same as the thread owner!! 6am trades: AU- +32 AJ- + 24 Open at 10am: EG- +2 EA- + 34 EU- Break-even UC- Break-even Total for monday closing all at 2pm uk time: 92 pips Keep it sample!!! Cu all in the morning{image}
Nice 92pips on several pairs per day. Congrats!
What is your leverage, risk precentage and what R:R targets do you used?
Looks very much like Big Ben trading method a variation of the London Breakout which can be semi-automated with very conservative exit strategy to preserve capital.
regards,
EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
The downtrend channel is continuing into the third week on the EUR/AUD pair, giving an opportunity to see possible profit targets. Today price continued down to the channel line, hitting my profit target and then price reversed. I was able to re-enter short during London after closing Friday's trades because I didn't want to leave them open over the weekend. After price hit the profit target, I entered long on a TMS reversal signal and picked up 50 more pips. I like to trade the direction of the trend but sometimes will take shorter term trades on the countertrend trades. The channel just gives me a view of possible S/R and targets. 
- #33,669
- Mar 24, 2014 6:08pm Mar 24, 2014 6:08pm
{quote} Wow you went in after a massive bar. Lets hope that they both do the biz for us. Mines is currently underwater also. So I must set & forget
- #33,670
- Mar 24, 2014 6:22pm Mar 24, 2014 6:22pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
The downtrend channel is continuing into the third week on the EUR/AUD pair, giving an opportunity to see possible profit targets. Today price continued down to the channel line, hitting my profit target and then price reversed. I was able to re-enter short during London after closing Friday's trades because I didn't want to leave them open over the weekend. After price hit the profit target, I entered long on a TMS reversal signal and picked up 50 more pips. I like to trade the direction of the trend but sometimes will take shorter term trades...
Two super trades all done in H1.
You demonstrated what keep it simple really means. Following rules to its core with confidence, discipline and meticulous execution.
I LIKE...
regards,
EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #33,672
- Mar 24, 2014 6:32pm Mar 24, 2014 6:32pm
{quote} Hey AS - goodluck to the trade buddy but just thought I'd point out that I see EA in a descending TL possibly bouncing off resistance. Just a heads up! {image}
Thanks for the heads up Kingdomk,
It should be fine though. My capital protection kicks in at only 30 pips in profit so it should at least be able to get me to break-even on the trade if anything. I'm hoping that this will be the beginning up its ascent lol. I would love to ride up for 300+ pips profit.
MAY THE PIPS BE WITH YOU!
- #33,676
- Mar 24, 2014 6:42pm Mar 24, 2014 6:42pm
{quote} Thanks for the heads up Kingdomk, It should be fine though. My capital protection kicks in at only 30 pips in profit so it should at least be able to get me to break-even on the trade if anything. I'm hoping that this will be the beginning up its ascent lol. I would love to ride up for 300+ pips profit.
- #33,677
- Mar 24, 2014 6:46pm Mar 24, 2014 6:46pm
{quote} Bizzle: Nice 92pips on several pairs per day. Congrats! What is your leverage, risk precentage and what R:R targets do you used? Looks very much like Big Ben trading method a variation of the London Breakout which can be semi-automated with very conservative exit strategy to preserve capital. regards, EMMANUEL
Big E: "4hr trades at night. I check for set ups at 10pm Pacific,2am and close all 4 hour trades by 6am Pacific.... You ever woke in the morning popping on your puter and find you made 150 pips while you slept... guaranteed to put a smile on your face and a skip in your step."
Big E was on to something and I believe his right so I am doing a test for a month and see the results!
I have been trading TMS for years now and very successful on the 4hour, which I am also trading but while I am doing my test only showing these trades....
let see how I get on by keeping really simple and checking the chart 3 times a day
Give yourself a chance and trade it like it's layed out...
- #33,678
- Mar 24, 2014 6:47pm Mar 24, 2014 6:47pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #33,680
- Mar 24, 2014 6:57pm Mar 24, 2014 6:57pm
- Joined Nov 2008 | Status: Trader | 50,194 Posts
{quote} I forgot the chart
My Big Picture Planning on W1 chart.
then go back to D and H4 to see where we are ...
Edit: remember to use the Line Chart instead of Bar or CandleStick chart and you will see better what i mean.
regards,
EMMANUEL
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett