Cate! Just out of curiosity. Why you choose .20 levels and not .10 levels. Is it just your preference, or you find it work better at those levels?
Thanks
Tested out the system on a small live account today. Traded EU, NU AU, EJ,USDCAD GBPCHF and all hit tp. what Cate trades is not a loophole. It is in fact hardcore technical analysis of the highest order. It is what I have been trading for long, the only difference being that my targets are bigger and I stay longer in the market.with practice an astute trader can turn this strategy into a no loss holy grail.
Hi FxAction, but as i can see in the chart you posted, your short price is not from the 20 levels , it's 138.884 . what's your reasonb to enter at this price?
{quote} Hi FxAction, but as i can see in the chart you posted, your short price is not from the 20 levels , it's 138.884 . what's your reasonb to enter at this price?
Ignored
`Yes u are correct in your submission. The reason for the entry is because I can also read chart patterns as I am vastly experienced with these price action set ups. Happy trading
What happened is that price went for a retest of a psch level. As this was happening my currency strength meter was showing a very strong usd and very weak nzd. so i took the trade after observing a favorable chart pattern.Iam sorry 4 bringing in the confussion.
i'm gonna spill this one for everybody here. i assume everyone have the sweetspot indicator yes? put it in your chart, change the sub level to 20. these are the level i trade. i only trade these level. now, before i decide to trade a certain level, i will check the history first. as i said. history repeat itself. now, observe your chart. is there any certain way we can assume that the level is safe to trade?
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If anyone has the sweetspot indicator, can you post it here.
hai guys, hope everyone are doing fine. look like several trader are doing extremely good.
before this week started, i want to do a test. can my trading style make me min 20 pips per day? the answer is yes.
at the start of this week, i post a balance of my micro live account at 10.16 and the account is now 10.53.
as i stated in the post. i only trade 0.01 lot on this micro live account. so 10 pips are equivalent to 0.01 usd. you can do the math.
i know i have a discretion with my entry. it is based on experience, but still, if i decided to trade, i will use the entry method on this thread.
always remember guys, Forex is price fluctuating up and down. this is what drive your so call mechanical system. this is what drive any indicator in Forex industry.
Forex does not revolve around you. we must adapt ourself to the current Forex. to the current market.
positive attitude always,
we'll see again on Monday
p/s: my PM have reached it limit for today, i'll reply to you guys soon.
